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About This Home

This 3-bedroom, 4-bathroom single family at 1303 Laurel Way in Miramar Beach, FL is listed for $1,275,000 ($485 per sqft). Built in 2003, the home offers 2,628 sqft of living space on a 0.07 acres lot.

Agent 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 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.

Key Features

  • Built in 2003
  • 0.07 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
3 full, 1 half
2003

Amenities

FireplaceViewHardwoodA/C

Monthly Cost Estimate

$7,433/mo

20% down · 6.5% · 30 years

Principal$922
Interest$5,525
Insurance$372
HOA$614

Estimates only. Actual payments may vary.

Location

1303 Laurel Way

Miramar Beach, FL 32550

LAUREL GROVE

Features & Amenities

Interior Features

Built-In BookcasesCeiling Crwn MoldingFireplaceKitchen IslandNewly PaintedOwner's ClosetPantryWallpaperWasher/Dryer Hookup

Exterior Features

ColumnsSprinkler System

Property Details

Flooring

TileHardwoodCarpet

Construction

Siding CmntFbrHrdBrd Siding Wood

Views

Lake

Pool Features

Porch

Parking

Oversize

Cooling

Central Air

Appliances

Auto Garage Door OpnDishwasherDisposalDryerMicrowaveOven Self CleaningRange HoodRefrigeratorSmoke DetectorSmooth Stovetop RngeStove/Oven ElectricWasherWater Heater - Elect

Questions & Answers

This 3-bedroom, 4-bathroom single family at 1303 Laurel Way is listed at $1,275,000 ($485/sqft). The estimated monthly payment is $6,139 based on 20% down at 6.5% interest.

HOA fees are $614/month.

Key features include: Built in 2003, 0.07 acre lot, 2 stories, Fireplace. Interior Features: Built-In Bookcases, Ceiling Crwn Molding, Fireplace. Exterior Features: Columns, Sprinkler System.

This property is listed by Shannyn P Stevenson and can be reached at 8502591874 or shannyn@knowthegulfcoast.com.

SS

Shannyn P Stevenson

Agent at Newman Dailey Resort Properties

(850) 259-1874

Listed by Newman Dailey Resort Properties · View on Broker Site

MLS# 993985· Source: listhub· Updated 123 days ago

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1303 Laurel Way, Miramar Beach, FL 32550

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