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Miramar Beach 32550
1283 Laurel Way
$1,200,000
● House - Off Market

1283 Laurel Way

Miramar Beach, FL 32550
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,163 Ft²
$7,275
Est. Monthly

About This Property

Calling all investors! This renovated Laurel Grove cottage FURNISHED WITH TWO GOLF CARTS has already generated over $45k in gross rental income, with an additional $35k already booked for 2026, making it a turnkey investment opportunity.

Positioned along the 18th fairway of Raven Golf Club, this charming cottage enjoys peaceful lake and golf course views and has been thoughtfully updated throughout. Recent improvements include a new roof with energy-efficient insulation, freshly painted exterior, redesigned front facade, lush landscaping, and a screened porch with a privacy shade for relaxing outdoors.

Inside, the coastal-inspired interior features luxury vinyl plank flooring, plantation shutters, updated lighting and ceiling fans, freshly painted cabinetry, stainless steel Bosch and Whirlpool appliances, and stylish furnishings that convey with the home. The first-floor primary suite has been completely remodeled with a spa-like tiled walk-in shower and updated vanity, while three additional upstairs bedrooms--including a bunk room that sleeps six--provide ample space for guests. All three bathrooms have been tastefully renovated with custom tile finishes.

Every bedroom offers an oversized walk-in closet for exceptional storage. A 2022 water heater adds additional peace of mind.

Located in the desirable, short-term rental-friendly Laurel Grove community with a clubhouse, fitness center, and seasonally heated pool. Offered fully furnished and rental ready. Experience the unmatched lifestyle of Sandestin Golf & Beach Resort, a 2,400-acre gated community stretching from the sugar-white beaches of the Gulf to the tranquil waters of the Choctawhatchee Bay. Residents enjoy four championship golf courses, a full-service marina, tennis and pickleball courts, a fitness center, spa, and an impressive selection of dining, shopping, and entertainment, including The Village of Baytowne Wharf. Miles of scenic walking, biking, and golf cart paths connect every corner of the resort, winding through picturesque lakes, lush fairways, and towering live oaks, making it easy to enjoy everything Sandestin has to offer.

As an introduction to the Sandestin lifestyle, we invite our new owners to explore amenities that make Sandestin special. The listing brokerage and seller(s) are presenting the buyer(s) of this property with (2) 90-minute rounds of Tennis court time, a golf foursome at one of our three championship courses, and a round of golf for up to four (4) players at the unrivaled Burnt Pine Golf Club.
Unit Size
2,163 Ft²
Days on Market
71 days
Land Size
0.05 acres
Price per sqft
$624
Property Type
House
Property Taxes
$645
HOA Dues
-
Year Built
2006

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Last updated: 25 days ago (ECAR #1007257)

Price History

Date / Event Date Event Price
Sep 18, 2026 Sold
Sold
Aug 18, 2026 In contract -
In contract
Jul 9, 2026 Listed by The Agency Northwest Florida Beaches $1,350,000
Listed by The Agency Northwest Florida Beaches
Dec 20, 2021 Sold
Sold
Oct 22, 2021 No longer available -
No longer available
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,207
  • Total Building Area: 2,163
  • Gross Building Area: 2,163
  • Building Area: 2,163
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,163
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAUREL GROVE PHASE V S/D
  • Land Acres: 0000000051
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 1283 LAUREL GROVE PH V PB 17-52 OR 2717-4831 OR 3162-1678 OR 3230-2145

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950607

Zoning

  • Zoning: SD

Geography

  • Assessors Map Reference: S2-26-21
  • Subdivision Phase Number: 5
  • Parcel: 26-2S-21-42812-000-1283
  • Block: 12
  • Lot: 1283
  • Meridian: SEC 26 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3861
  • Longitude: -86.3161

    Address

  • Full Address: 1283 Laurel Way
  • Address - House Number: 1283
  • Address - Street Name: Laurel
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C024
  • 4-Digit Zip Code: 1878
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 2,300
  • Tax Year: 2022
  • Tax Amount: $741,150
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.0898
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 92
  • Final Value: 1,216,631
  • High Value: 1,325,929
  • Low Value: 1,107,332

    Market Valuation

  • Market Total Value: $799,740
  • Market Land Value: $120,648
  • Market Improvement Value: $679,092

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $799,740
  • Assessed Land Value: $120,648
  • Assessed Improvements Value: $679,092

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Dec 20, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210062714
  • Previous Sale Recording Date: Oct 02, 2020
  • Previous Sale Contract Date: Sep 14, 2020
  • Previous Sale Amount: $630,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Miramar Beach


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Frequently Asked Questions

When was property at 1283 Laurel Way built and last sold?
The property at 1283 Laurel Way was built in 2006 and last sold on Dec 15, 2021 for $850,000.
How much is this home worth?
The estimated value of the home located at 1283 Laurel Way is $1,302,616.
What are some comparable homes to 1283 Laurel Way?
There are currently no comparable homes to 1283 Laurel Way.