61 Shelley's WAY, Miramar Beach, FL 32550
61 Shelley's WAY, Miramar Beach, FL 32550
61 Shelley's WAY, Miramar Beach, FL 32550
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$1,295,000
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4 Beds
4 Baths
2,512 SqFt
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61 Shelley's WAY Miramar Beach, FL 32550

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Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,512 sqft

Price per Sqft $515

Subdivision Frangista Beach 3Rd Addn

MLS Listing ID 1007590

Style Beach House

Bedrooms 4

Full Baths 3

Half Baths 1

HOA Fees $450/qua

HOA Y/N Yes

Year Built 2019

Annual Tax Amount $9,224

Tax Year 2025

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 25x31x77x54x100

Property Sub-Type Detached Single Family

Source Emerald Coast Association of REALTORS®

Land Area 2512

Property Description

Located in the gated Villas of Frangista community within the highly desirable third addition of Frangista Beach, 61 Shelley's Way presents an exceptional opportunity to own a beautifully appointed coastal home in the heart of Miramar Beach. Featuring 4 bedrooms, 4 full bathrooms, a private pool, and access to a community pool, the property is ideally suited as a primary residence, second home, or income-producing short-term vacation rental.

The home is being sold fully furnished with only a few minor exclusions, offering buyers a convenient and nearly turnkey ownership opportunity.

Inside, the thoughtfully designed floor plan features an open-concept living, dining, and kitchen area filled with natural light and coastal-inspired finishes. Wood flooring, a soft neutral color palette, and an inviting layout create a bright and welcoming atmosphere for everyday living and entertaining. The kitchen is equipped with white quartz countertops, stainless steel appliances, a spacious island with seating, and a dedicated coffee and beverage bar complete with a wine chiller. Four well-appointed bedrooms, including a spacious primary suite, provide comfortable accommodations for family and guests, while multiple ensuite and adjacent bathrooms offer convenience and privacy. The outdoor living space is designed for enjoying Florida's year-round lifestyle. A covered porch overlooks the fenced backyard and private pool, creating an ideal setting for relaxing or entertaining. An outdoor living area with a fire feature, television, and generous patio space extends the home's living area outdoors, while the attached garage provides additional storage for beach gear and everyday convenience.

The property also offers strong short-term vacation rental and investment potential. Current rental activity exceeds $55,000 for the year, despite scheduled owner usage and blocked dates. Rental projections indicate the potential to generate up to approximately $78,000 in annual gross rental revenue when made consistently available for guest use.

Owners enjoy the privacy and security of a gated neighborhood along with access to the community pool. While the property does not include deeded private beach access, the Miramar Beach Regional Public Beach Access adjacent to Pompano Joe's is just a quick golf-cart or bike ride away. One of the area's premier public beach accesses, it offers convenient parking, restrooms, showers, bike racks, ADA accessibility, and seasonal lifeguards.

Perfectly positioned in the heart of Miramar Beach, the home places you just minutes from the white-sand beaches of the Emerald Coast, Silver Sands Premium Outlets, Grand Boulevard, Sandestin Golf and Beach Resort, championship golf, dining, entertainment, and grocery shopping. Scenic Highway 30A and its iconic beach communities are only a short drive away, while Destin's world-class fishing, boating, restaurants, and shopping are equally convenient.

Whether you are searching for a full-time residence, luxurious second home, or furnished income-producing investment property, 61 Shelley's Way delivers an outstanding combination of location, privacy, rental potential, outdoor living, and coastal lifestyle in one of Miramar Beach's most desirable gated communities.

Location

State FL

County Walton

Community Short Term Rental - Allowed, Community Room, Gated Community, Pool

Area 15 - Miramar/Sandestin Resort

Zoning Resid Single Family

Direction 1) From US-Hwy 98, Head south on S Holiday Rd, drive 0.5 miles 2) Turn left onto Scenic Gulf Dr/Scenic Hwy 98, drive 0.2 miles 3) Turn left onto Miami St, drive 0.4 miles (gate code required) 4) Turn right onto Mobile St, drive 266 feet 5) Turn left onto Lake St/Lakeland Dr, drive 397 feet 6) Turn left onto Shelley's Way, drive 187 feet 7) The destination is on the right (61 Shelley's Way)

Rooms

Primary Bedroom Level Upper

Master Bedroom true

Dining Room true

Kitchen true

Interior

Interior Features Breakfast Bar, Ceiling Raised, Kitchen Island, Lighting Recessed, Pantry, Shelving, Washer/Dryer Hookup

Heating Heat Pump A/A Two +

Cooling Ceiling Fans, Central Air

Flooring Floor Vinyl

Furnishings Furnished - All

Window Features Plantation Shutters,Window Treatment All

Appliance Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Wine Refrigerator, Water Heater - Elect

Exterior

Exterior Feature Columns, Fenced Back Yard, Lawn Pump, Pool - Gunite Concrt, Sprinkler System, In-Ground Pool, Heated Pool, Gunite Pool, Open Patio, Covered Patio, Porch, Open Porch, Fenced Backyard, Sprinkler System, Lawn Pump, Columns

Parking Features Garage

Garage Spaces 1.0

Pool Pool - Heated, Pool - In-Ground, Pool Type

Community Features Short Term Rental - Allowed, Community Room, Gated Community, Pool

Utilities Available Electric, Gas - Natural, Public Water, TV Cable

Roof Type Metal

Street Surface Paved

Porch Patio Covered, Patio Open, Porch, Porch Open

Road Frontage Private Road

Garage Yes

Building

Lot Description Covenants, Restrictions, Within 1/2 Mile to Water

Faces 1) From US-Hwy 98, Head south on S Holiday Rd, drive 0.5 miles 2) Turn left onto Scenic Gulf Dr/Scenic Hwy 98, drive 0.2 miles 3) Turn left onto Miami St, drive 0.4 miles (gate code required) 4) Turn right onto Mobile St, drive 266 feet 5) Turn left onto Lake St/Lakeland Dr, drive 397 feet 6) Turn left onto Shelley's Way, drive 187 feet 7) The destination is on the right (61 Shelley's Way)

Story 2

Foundation Slab

Sewer Public Sewer

Architectural Style Beach House

New Construction No

Schools

Elementary Schools Van R Butler

Middle Schools Emerald Coast

High Schools South Walton

Others

Pets Allowed No

HOA Fee Include Accounting, Ground Keeping, Master Association

Tax ID 29-2S-21-42060-00A-0320


 Emerald Coast MLS - IDX
Listed by Anderson Group 30A Berkshire Hathaway HomeServices

NEARBY SCHOOL & BUSINESS

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Brian Burgett

Brian Burgett

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+1(515) 473-0962

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61 Shelley's WAY