283 Lakeland Drive
Miramar Beach, FL 32550
$1,100,000
Active
Description
With a projected **$85,000-$108,000 in annual rental income**, this exceptional coastal retreat offers an outstanding opportunity to own a luxury beach home with impressive investment potential. Located just steps from the sugar-white sands of the Gulf and featuring **deeded beach access**, this beautifully appointed residence embodies the best of Emerald Coast living.
Unlike many homes in the area, until recently, this home has never been used as a vacation rental, allowing it to remain exceptionally well maintained and showing true pride of ownership. It offers buyers the rare opportunity to purchase a home with outstanding rental potential that has not experienced the wear and tear often associated with high-occupancy rental properties.
Designed for effortless entertaining and everyday comfort, the open-concept floor plan features soaring ceilings, abundant natural light, and seamless flow between the spacious living room, dining area, and gourmet kitchen. The kitchen is equipped with stainless steel appliances, granite countertops, custom cabinetry, and ample workspace, making it as functional as it is stylish.
Offering four generously sized bedrooms, each thoughtfully designed as a private retreat, the home provides plenty of space for family and guests. Upscale finishes and inviting coastal décor create a warm, relaxing atmosphere throughout.
Listing details MLS# 1009096
Location, Tax and Legal
- Area
- 15 - Miramar/Sandestin Resort
- Sub area
- 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort
- Subdivision
- FRANGISTA BEACH 2ND ADDN
- County
- Walton
- Parcel ID
- 32-2S-21-42050-00K-0010
- Tax year
- 2025
- Annual tax
- 8109.66
- Legal description
- LOT 1 BLK K FRANGISTA BEACH 2ND ADDITION PB 3-41 OR 1754-243 OR 2619-2550 OR 2633-3952 OR 2633-4001 OR 2667-394 OR 3060-4046
- Zoning
- Resid Single Family
General Property Info
- Property type
- Residential
- Year built
- 2019
- Lot dimensions
- 50X90
- New construction
- No
- Condition
- Construction Complete
Interior
- Bedrooms
- 4
- Bathrooms
- 3
- Full baths
- 3
- Half baths
- 0
- Building area
- 2428
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Floor Vinyl
- Interior features
- Ceiling Vaulted, Kitchen Island, Pantry, Washer/Dryer Hookup
- Appliances
- Dishwasher, Microwave, Refrigerator, Stove/Oven Electric, Water Heater - Elect
- Total rooms
- 6
Exterior and Site
- Construction
- Siding CmntFbrHrdBrd, Stucco
- Roof
- Roof Metal
- Exterior features
- BBQ Pit/Grill, Fenced Back Yard
- Patio and porch
- Patio Covered
- Garage spaces
- 2
- Pool features
- Pool Type
Utilities
- Utilities
- Electric, Public Water
- Sewer
- Public Sewer
Schools
- Elementary
- Van R Butler
- Middle school
- Emerald Coast
- High school
- South Walton
Association and Fees
- Association
- Yes
- Fee includes
- Accounting, Management, Recreational Faclty, Security
Remarks and Misc
- Directions
- Scenic Hwy 98 to Miami Ave, north from scenic 98 until you run into the main gate of the Villas of Frangista. Take a left at the front gate onto West Palm st. West Palm will turn into Charlotte Ave. Take a right onto Mobile St. From Mobile, Lakeland dr will be the last right (dead end). The property will be on you left while heading south on Lakeland dr.
