# 1303 Laurel Way, Miramar Beach, FL 32550

> **TL;DR:** 3bd/4ba single family, $1,275,000 ($485/sqft), built 2003, 2,628 sqft.
> Fireplace, View, Hardwood, A/C. Est. $6,139/mo. Listed 123 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,275,000 |
| Price/sqft | $485 |
| Bedrooms | 3 |
| Bathrooms | 3 full, 1 half |
| Square Feet | 2,628 |
| Year Built | 2003 |
| Lot Size | 3,049 sqft (0.07 acres) |
| Stories | 2 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 123 |

## Why This Home Stands Out

- **Views** - Lake
- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,525 |
| HOA | $614 |
| **Total** | **$6,139** |

## Nearby Schools

- **Elementary:** Van R Butler
- **Middle:** Emerald Coast
- **High:** South Walton

## Key Amenities

- Fireplace
- View
- Hardwood
- A/C

## Property Highlights

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

## Description

### 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.

## Location

- **Address:** 1303 Laurel Way, Miramar Beach, FL 32550
- **County:** Walton
- **Neighborhood:** LAUREL GROVE
- **Coordinates:** 30.38687, -86.314405
- **Google Maps:** https://www.google.com/maps?q=30.38687,-86.314405

## Listing Agent

- **Name:** Shannyn P Stevenson
- **Brokerage:** Newman Dailey Resort Properties
- **Phone:** 8502591874
- **Email:** shannyn@knowthegulfcoast.com

## Primary Photo

![1303 Laurel Way - Primary Photo](http://lh.rdcpix.com/863e24f28821e6437fe4619d239b899fl-f1804984301r.jpg)

*86 total photos available on [listing page](https://www.propertysimple.com/listing/1303-laurel-way-miramar-beach-fl-32550-l993985)*

---

**MLS#:** 993985 | **Updated:** 2026-06-17
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1303-laurel-way-miramar-beach-fl-32550-l993985)

---

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