Property
Beds
4
Full Baths
3
1/2 Baths
1
Year Built
2019
Sq.Footage
2,512
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.
Features & Amenities
Interior
-
Other Interior Features
Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Recessed Lighting, Pantry
-
Total Bedrooms
4
-
Bathrooms
3
-
1/2 Bathrooms
1
-
Cooling YN
YES
-
Cooling
Central Air, Ceiling Fan(s), Electric
-
Heating YN
YES
-
Heating
Natural Gas, Heat Pump
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Construction Materials
Block, Concrete
-
Other Exterior Features
Private Yard
-
Parking
Garage Door Opener, Garage, Attached
-
Patio and Porch Features
Porch, Patio, Covered
-
Pool
Yes
-
Pool Features
Heated, In Ground, Gunite
Area & Lot
-
Lot Size(acres)
0.13
-
Lot Size(square feet)
5,662
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Beach House
Price
-
Sales Price
$1,295,000
-
Tax Amount
$9,224.35
-
Zoning
Resid Single Family
-
Sq. Footage
2,512
-
Price/SqFt
$515
HOA
-
Association
YES
-
Association Fee
$450
-
Association Fee Frequency
Quarterly
-
Association Fee Includes
N/A
School District
-
Elementary School
Van R Butler
-
Middle School
Emerald Coast
-
High School
South Walton
Property Features
-
New Construction
NO
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Walton
Elementary School
Van R Butler
Middle School
Emerald Coast
High School
South Walton
Listing Courtesy of Anderson Group 30A , Berkshire Hathaway HomeServices
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REALTOR®
Celeste Rustin
Call Celeste today to schedule a private showing.
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