1303 Laurel Way, Miramar Beach, FL 32550 (MLS# 993985)

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

Contract Info

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

Location, Tax and Legal

Sub Area: 1503 - Sandestin Resort Elementary School: Van R Butler Middle School: Emerald Coast High School: South Walton Legal Description: LOT 1303 LAUREL GROVE PH 1 PB 15 PG 69 AS DESC IN OR 2556-782.OR 2657-1457

General Property Info

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

Listing Info, Tax & Legal

Homestead: No Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 614.03 Annual Assessment Amount: 7368.36 Assessment Paid: Monthly New Buyer Fee: Yes New Buyer Fee Amt: 0.5 New Buyer Fee Paid: % Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: 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

Construction Status

Construction Complete: 1

Parking Features

Garage Attached: 1 Oversized: 1 Other: 1

Waterview

Lake: 1

Lot/Parcel Access

Controlled Access: 1 Private Road: 1

Lot Features

Covenants: 1 Cul-De-Sac: 1 Restrictions: 1 Within 1/2 Mile to Water: 1

Project Facilities

BBQ Pit/Grill: 1 Beach: 1 Dock: 1 Dumpster: 1 Exercise Room: 1 Fishing: 1 Game Room: 1 Gated Community: 1 Golf: 1 Marina: 1 Pets Allowed: 1 Pickle Ball: 1 Picnic Area: 1 Playground: 1 Pool: 1 Short Term Rental - Allowed: 1 Tennis: 1 TV Cable: 1 Waterfront: 1 Whirlpool: 1

Construction/Siding

Roof Dimensional Shg: 1 Siding CmntFbrHrdBrd: 1 Siding Wood: 1

Utilities

Electric: 1 Public Sewer: 1 Public Water: 1 TV Cable: 1

Zoning

Resid Single Family: 1

Exterior

Columns: 1 Porch Open: 1 Porch Screened: 1 Sprinkler System: 1

Interior

Built-In Bookcases: 1 Ceiling Crwn Molding: 1 Fireplace: 1 Floor Hardwood: 1 Floor Tile: 1 Floor WW Carpet: 1 Kitchen Island: 1 Newly Painted: 1 Owner's Closet: 1 Pantry: 1 Wallpaper: 1 Washer/Dryer Hookup: 1 Window Treatment All: 1

Financing

Conventional: 1

Appliances

Auto Garage Door Opn: 1 Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Oven Self Cleaning: 1 Range Hood: 1 Refrigerator: 1 Smoke Detector: 1 Smooth Stovetop Rnge: 1 Stove/Oven Electric: 1 Washer: 1

Energy

AC - 2 or More: 1 AC - Central Elect: 1 Ceiling Fans: 1 Double Pane Windows: 1 Water Heater - Elect: 1

Mstr Bdrm/Mstr Bath

MBath Double Vanity: 1 MBath Garden Tub: 1 MBath Separate Shwr: 1 MBath Tile: 1 MBed First Floor: 1 MBed Sitting Area: 1 MBed Walk-in Closet: 1 See Remarks: 1

Master Bedroom

First: 1 Second: 1

Bedroom

Second: 1

Kitchen

First: 1

Living Room

First: 1

Rooms

Bedroom: 1 Bonus Room: 1 Dining Area: 1 Foyer: 1 Kitchen: 1 Living Room: 1 Master Bedroom: 1

Fees Include

Ground Keeping: 1 Management: 1 Master Association: 1 Security: 1 Trash: 1 TV Cable: 1

Status Change Info

Status: Active

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

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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