1303 Laurel Way, Miramar Beach, FL 32550

$1,275,000
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 2,628 Lot Size (sq. ft.): 3,049 Status: Active
Current Price: $1,275,000 List Date: 1/29/2026 Last Modified: 2/13/2026

Description

HUGE PRICE IMPROVEMENT! Reduced by $100,000.00! Positioned on a premium lot within Sandestin Golf and Beach Resort, this extensively updated home at 1303 Laurel Grove, Miramar Beach, Florida presents a compelling investment opportunity with strong rental potential. Major capital improvements—including a new roof (2024), exterior paint (2024), brick paver driveway (2023), and updated HVAC—help minimize near-term ownership costs. An attached garage, along with walkable access to the pool pavilion and community amenities, further enhances desirability and rental appeal. The flexible floor plan maximizes occupancy and income potential, offering primary suites on both floors, an oversized additional bedroom, and a recently added bonus room upstairs. While the current owners did not rent

Supplements: the property, projected annual rental income is estimated between $80,000 and $105,000, making this home an excellent option for a high-performing vacation rental, second home, or long-term investment. Interior features include fresh paint, hardwood flooring throughout the main living areas and stairway, a spacious kitchen with a large island and ample storage, and an inviting living area highlighted by a fireplace and custom built-ins. Outdoor living is enhanced by a screened porch overlooking lush surroundings. Located inside the gates of Sandestin Golf and Beach Resort, owners and guests enjoy access to world-class amenities including championship golf courses, a marina, beaches, walking and biking trails, and dining driving consistent demand for both short- and long-term rentals.

More Information MLS# 993985

Status Change Info

Status: Active

Contract Info

List Date: 2026-01-29 Current Price: $1,275,000 List Price: $1,275,000 List Price/SqFt: 485.16 Listing Board: Emerald Coast

Location Tax and Legal

Area: 15 - Miramar/Sandestin Resort Street #: 1303 Street Name: Laurel Street Suffix: Way State: FL Zip Code: 32550 County: Walton Project Name/Subdivision: LAUREL GROVE Parcel ID: 00-2S-22-0400-0000-1500

General Property Info

Sub-Type: Detached Single Family Design: Beach House Apx SqFt(Htd/Cooled): 2628 SqFt Source: County PA Records Bedrooms: 3 Full Baths: 3 Half Baths: 1 Total Bathrooms: 4 # Stories: 2 Year Built: 2003 Immediate Occupancy: Yes Garage: Yes Carport: No Garage Spaces: 1 Driveway Spaces: 2 Acreage: 0.07 Pool: Yes Pool Type: Community

Property Features

Construction Status: Construction Complete Lot Features: Covenants; Cul-De-Sac; Restrictions; Within 1/2 Mile to Water Zoning: Resid Single Family Waterview: Lake Parking Features: Garage Attached; Oversized; Other Project Facilities: BBQ Pit/Grill; Beach; Dock; Dumpster; Exercise Room; Fishing; Game Room; Gated Community; Golf; Marina; Pets Allowed; Pickle Ball; Picnic Area; Playground; Pool; Short Term Rental - Allowed; Tennis; TV Cable; Waterfront; Whirlpool Exterior: Columns; Porch Open; Porch Screened; Sprinkler System Interior: Built-In Bookcases; Ceiling Crwn Molding; Fireplace; Floor Hardwood; Floor Tile; Floor WW Carpet; Kitchen Island; Newly Painted; Owner's Closet; Pantry; Wallpaper; Washer/Dryer Hookup; Window Treatment All Appliances: Auto Garage Door Opn; Dishwasher; Disposal; Dryer; Microwave; Oven Self Cleaning; Range Hood; Refrigerator; Smoke Detector; Smooth Stovetop Rnge; Stove/Oven Electric; Washer Utilities: Electric; Public Sewer; Public Water; TV Cable Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans; Double Pane Windows; Water Heater - Elect Master Bedroom: First; Second Bedroom: Second Kitchen: First Living Room: First Rooms: Bedroom; Bonus Room; Dining Area; Foyer; Kitchen; Living Room; Master Bedroom Financing: Conventional Fees Include: Ground Keeping; Management; Master Association; Security; Trash; TV Cable

Room Information

Master Bedroom Level: First Dimensions: 14.1 x 14.9 Length: 14.10 Width: 14.90 Remarks: Primary Bedroom 1 Dimensions: 14.1 x 14.9 Living Room Level: First Dimensions: 16 x 15.7 Length: 16.00 Width: 15.70 Dimensions: 16 x 15.7 Dining Area Level: First Dimensions: 10.3 x 15.7 Length: 10.30 Width: 15.70 Dimensions: 10.3 x 15.7 Kitchen Level: First Dimensions: 12 x 13.4 Length: 12.00 Width: 13.40 Dimensions: 12 x 13.4 Foyer Level: First Dimensions: 14.9 x 7 Length: 14.90 Width: 7.00 Dimensions: 14.9 x 7 Master Bedroom Level: Second Dimensions: 18.9 x 19.6 Length: 18.90 Width: 19.60 Remarks: Primary Bedroom 2 Dimensions: 18.9 x 19.6 Bedroom Level: Second Dimensions: 19.2 x 19.6 Length: 19.20 Width: 19.60 Dimensions: 19.2 x 19.6 Bonus Room Level: Second Dimensions: 22.9 x 8.11 Length: 22.90 Width: 8.11 Remarks: Enclosed Florida Room Dimensions: 22.9 x 8.11
Listing Office: Newman Dailey Resort Properties
Last Updated: February - 13 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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