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: 4/01/2026

Overview

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 a ... (Read more)

Listing Details MLS# 993985

Contract Info

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: 26-2S-21-42810-000-1303

General Property Info

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

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

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

More Information

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: Yes

Parking Features

Garage Attached: Yes
Oversized: Yes
Other: Yes

Waterview

Lake: Yes

Lot/Parcel Access

Controlled Access: Yes
Private Road: Yes

Lot Features

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

Project Facilities

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

Construction/Siding

Roof Dimensional Shg: Yes
Siding CmntFbrHrdBrd: Yes
Siding Wood: Yes

Utilities

Electric: Yes
Public Sewer: Yes
Public Water: Yes
TV Cable: Yes

Zoning

Resid Single Family: Yes

Exterior

Columns: Yes
Porch Open: Yes
Porch Screened: Yes
Sprinkler System: Yes

Interior

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

Financing

Conventional: Yes

Appliances

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

Energy

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

Mstr Bdrm/Mstr Bath

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

Master Bedroom

First: Yes
Second: Yes

Bedroom

Second: Yes

Kitchen

First: Yes

Living Room

First: Yes

Rooms

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

Fees Include

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

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

Room Name	Level	Dimensions	Length	Width	Remarks
Master Bedroom	First	14.1 x 14.9	14.10	14.90	Primary Bedroom 1
Living Room	First	16 x 15.7	16.00	15.70
Dining Area	First	10.3 x 15.7	10.30	15.70
Kitchen	First	12 x 13.4	12.00	13.40
Foyer	First	14.9 x 7	14.90	7.00
Master Bedroom	Second	18.9 x 19.6	18.90	19.60	Primary Bedroom 2
Bedroom	Second	19.2 x 19.6	19.20	19.60
Bonus Room	Second	22.9 x 8.11	22.90	8.11	Enclosed Florida Room

Listing Office: Newman Dailey Resort Properties

Last Updated: April - 01 - 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.