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For sale
  • $2,650,000

    319 Ellis Rd, Miramar Beach, FL 32550

    8beds
    5,304sqft
    : 
    Single Family Residence
    Built in 2023
    6,969.6 Square Feet Lot
    $-- Zestimate®
    $500/sqft
    $-- HOA

    What's special

    Heated saltwater poolWaterfall hot tubExpansive miramar beach retreatCustom shiplap wallsFully fenced private yardGame roomsDesigner upgrades
    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!
    16 days
    on Zillow
    |
    293
    |
    5
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: April 14, 2025 at 04:33am

    Listed by:

    Todd A Siegrist 850-797-0627,

    LPT Realty LLC

    Source: ECAOR,MLS#: 973559MLS LogoOriginating MLS: Emerald Coast
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 319 Ellis Rd.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 9
    • Full bathrooms: 8
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: MBed Balcony
    • Level: First
    Primary bathroom
    • Features: Double Vanity, MBath Separate Shwr, Walk-In Closet(s)
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Electric
    Cooling
    • Electric, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Range Hood, Refrigerator, Electric Range, Washer, Electric Water Heater
    Features
    • High Ceilings, Kitchen Island, Recessed Lighting, Newly Painted, Pantry, Shelving, Split Bedroom, Walls Wainscoting, Bedroom, Kitchen, Living Room, Master Bedroom
    • Flooring: Hardwood
    • Windows: Window Treatments
    • Furnished: Yes
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 5,304
    • Total interior livable area: 5,304 sqft

    Property

    Features
    • Stories: 3
    • Exterior features: Balcony, Barbecue, Hot Tub, Renovated, Outdoor Shower
    • Has private pool: Yes
    • Pool features: Private, Heated, In Ground
    • Has spa: Yes
    • Fencing: Back Yard,Privacy
    • Has view: Yes
    • View description: Gulf, Gulf/Pass
    • Has water view: Yes
    • Water view: Gulf,Gulf/Pass
    Lot
    • Size: 6,969.6 Square Feet
    • Dimensions: 50 x 140
    • Features: Flood Insurance Req, Within 1/2 Mile to Water
    Details
    • Additional structures: Guest House
    • Parcel number: 302S21429750000010
    • Zoning description: City,Resid Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Beach House
    • Property subtype: Single Family Residence
    Condition
    • Construction Complete
    • Year built: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Cable Connected

    Community & HOA

    Community
    • Subdivision: Shades Of Blue
    Location
    • Region: Miramar Beach

    Financial & listing details

    • Price per square foot: $500/sqft
    • Tax assessed value: $255,000
    • Annual tax amount: $2,317
    • Date on market: 4/10/2025
    • Listing terms: Conventional
    • Electric utility on property: Yes
    • Road surface type: Paved
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