319 Ellis Road, Miramar Beach, FL 32550

$2,650,000

bedrooms

bathrooms

square feet

5,304

Acreage

0.16

Open Houses

year built

2023

Full Baths

Half Baths

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If you're searching for a fully furnished beach house that offers both personal luxury and serious investment potential, look no further! This expansive Miramar Beach retreat combines high-end amenities, a prime location, and an unbeatable price point—delivering exceptional value at just $499 per square foot. Positioned just steps from the sugar-white sands and emerald Gulf waters, this is where unforgettable vacations happen and high-dollar rental returns begin. Spanning over 5,000 square feet, this turnkey rental machine accommodates 28-32 guests across eight very spacious bedrooms, each with its own private ensuite bathroom. The professionally designed interiors showcase custom shiplap walls, elegant wainscoting, and upgraded coastal finishes and décor, creating a warm, stylish atmosphere that appeals to vacationers and investors alike. The home's multiple entertainment spaces are designed for premium guest experiences, ensuring repeat bookings and five-star reviews: expansive family room and multiple living areas for effortless entertainment; game rooms packed with pool, ping pong, and foosball; entertainment for all ages. Three refrigerators, an ice maker, and a beverage fridge, all ready for you and your guests. Resort-style outdoor living = more bookings & higher rental rates. Highlights include a heated saltwater pool; waterfall hot tub for ultimate relaxation; brand-new premium outdoor furnishings for comfort and style; and a built-in natural gas grill station. A natural gas fire pit table offers the perfect gathering spot for lasting memories under the stars. Custom putting green, a unique, high-value amenity, and a fully fenced, private yard, ideal for families, corporate and private retreats, sports teams, and large groups. This property is already a high-performing short-term rental with a flawless 10/10 VRBO rating since launching in summer 2023, but has yet to hit its full potential, with the current owner using significant time for personal use and as a perk for their own high-end clients. Now with newly enhanced resort-style outdoor spaces, designer upgrades, and expanded entertainment areas inside and out, the rental income is poised to continue to grow, surpassing nearby properties in both demand and revenue. With no HOA restrictions, parking for six vehicles, and projected rental income nearing $300,000 annually, this is a rare opportunity to own a luxury investment property uniquely positioned for built-in revenue upside without the hassles involved with managing out-of-state improvements. Act fast...high-yield rentals in this prime location accented with comfort, class, and sophistication offer exceptional value. Move quickly! Don't miss out and schedule a private tour today to experience firsthand why this Miramar Beach gem is THE best investment opportunity on the market!

Location
Subdivision	Shades Of Blue
County	Walton
Elementary School	Van R Butler
Middle School	Emerald Coast
High School	South Walton

Driving directions

Open houses

None scheduled.

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MLS number: 973559

Listing agent: Todd A Siegrist

Listing broker: Lpt Realty Llc (321) 439-7204

Copyright © 2025 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, April 15 2025 at 4:47 p.m. EDT

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