1303 Laurel Way, Miramar Beach, FL 32550

$999,999
  • 1303 Laurel Way, Miramar Beach, FL 32550 Main Photo

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BEDS3 BATHS3 full 1 partial SQUARE FEET2,628 MLS#993985
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONLAUREL GROVE

Property Description

HUGE PRICE IMPROVEMENT -- Reduced by $200,000Positioned on a premium lot within Sandestin Golf and Beach Resort, this extensively updated Laurel Grove home presents an exceptional opportunity for investors, second-home buyers, or those seeking a spacious full-time residence. One of the largest floor plans in Laurel Grove, this property offers features rarely found within the neighborhood, making it stand out from the competition.Major capital improvements--including a new roof (2024), exterior paint (2024), brick paver driveway (2023), and updated HVAC--provide peace of mind while helping minimize near-term ownership costs. An attached garage with additional storage, along with a location just steps from the community pool and fitness center, further enhances both convenience and long-term value.Designed with flexibility in mind, the floor plan maximizes both comfort and rental potential. The home features primary suites on both the first and second floors, an oversized guest bedroom, and a recently added bonus room upstairs, creating excellent accommodations for large families or vacation guests. Although the current owners have never rented the property, projected annual rental income is estimated between $80,000 and $105,000.Inside, you'll find soaring ceilings, a dramatic wide staircase, hardwood flooring throughout the main living areas and stairway, fresh interior paint, and an inviting living room centered around a beautiful fireplace with custom built-ins. The spacious kitchen offers a large center island, abundant cabinetry, and generous workspace for entertaining.One of the home's most distinctive features is its exceptional outdoor living space. Enjoy two screened porches spanning both levels, including a newly created upper-level retreat featuring a charming hanging daybed--an ideal spot to unwind after a day at the beach or golf course.Additional highlights include exceptionally large bedrooms, oversized walk-in closets throughout, abundant storage, and thoughtful design details that are difficult to find in Laurel Grove.Located within the gates of Sandestin Golf and Beach Resort, owners and guests enjoy access to championship golf courses, a full-service marina, sugar-white beaches, tennis and pickleball courts, miles of walking and biking trails, The Village of Baytowne Wharf, shopping, dining, and entertainment--all contributing to strong and consistent demand for vacation rentals.Combining generous living space, extensive updates, resort amenities, and excellent income potential, this is one of Laurel Grove's most compelling opportunities.

1303 Laurel Way | MLS# 993985

This single family home located at 1303 Laurel Way, Miramar Beach, FL 32550 is currently listed for sale with an asking price of $999,999. This property was built in 2003 and has 3 bedrooms and 3 full and 1 partial baths with 2628 sq. ft. Laurel Way is located in the LAUREL GROVE subdivision. Search LAUREL GROVE real estate on katieatwater.premierfl.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Ceiling Fans, Central Air
Garage: 1 car attached
Home Style: Beach House
Lot Size: 0.07 Acres
Stories: 2.0
Year Built: 2003

Feature Descriptions

Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect
Association Fee Includes: Ground Keeping, Management, Master Association, Security, Cable TV, Trash
Community Features: Short Term Rental - Allowed, Pickle Ball, BBQ Pit/Grill, Beach, Dock, Dumpster, Exercise Room, Fishing, Game Room, Gated Community, Golf, Marina, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront, Whirlpool
Days on Site: 165
Exterior: Columns, Sprinkler System
Exterior: Siding CmntFbrHrdBrd, Siding Wood
Financing Terms: Conventional
Flooring: Floor Hardwood, Floor Tile, Floor WW Carpet
HOA: Yes
Interior: Built-In Bookcases, Ceiling Crwn Molding, Fireplace, Kitchen Island, Newly Painted, Owners Closet, Pantry, Wallpaper, Washer/Dryer Hookup
Lot: Covenants, Cul-De-Sac, Restrictions, Within 1/2 Mile to Water
Lot Dimensions: 42.15 X 73.50
Parcel Number: 26-2S-21-42810-000-1303
Parking: Oversized, Other
Patio/Porch: Porch Open, Porch Screened
Pool Features: Pool Type
Property Condition: Construction Complete
Road Frontage: Private Road
Rooms Total: 8
Sewer: Public Sewer
Special View Info: Lake
Sub Type: Detached Single Family
Utilities: Electric, Public Water, TV Cable
Window: Window Treatment All, Double Pane Windows

Room Sizes

Primary Bedroom: 14.1 X 14.9 Level - First
Living Room: 16 X 15.7 Level - First
Dining Area: 10.3 X 15.7 Level - First
Kitchen: 12 X 13.4 Level - First
Foyer: 14.9 X 7 Level - First
Primary Bedroom: 18.9 X 19.6 Level - Second
Bedroom: 19.2 X 19.6 Level - Second
Bonus Room: 22.9 X 8.11 Level - Second

Local Schools

High School: South Walton
Middle School: Emerald Coast
Elementary School: Van R Butler

Listed By / Shown By

Listed By

Agency Name: Newman Dailey Resort Properties

Shown By

Agent Name: Katie Atwater
Agent Phone: (850) 502-9120
Agency Title: Premier Property Group

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Estimated Payment

$ 2,517.23 per month $2,225.57 Principal & Interest $0.00 Property Tax (data not provided by mls) $291.67 Homeowner's Insurance

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