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241 Ellis Road UNIT 43, Miramar Beach, FL 32550

WOODLAND SHORES T/H PH 3 · Walton County

Key Facts

2Beds
3Baths
1,296Sq Ft
1983Year Built

Description

Projected short term rental potential of approximately $50,000 annually makes this Miramar Beach townhome a strong opportunity for investors or buyers seeking a beach home with income potential. Located just a short walk to the beach in Miramar Beach, Florida, this fully furnished 2 bedroom, 2.5 bathroom townhome offers the flexibility of a primary residence, vacation home, or short term rental property along the Emerald Coast. The location provides quick access to the sugar white sand beaches and emerald green waters of the Gulf of Mexico, allowing you to easily walk to the beach without the hassle of parking. Nearby attractions include Pompano Joe's, Silver Sands Premium Outlets, grocery stores, restaurants, and entertainment, placing you in the heart of one of the most desirable Destin and Miramar Beach areas. Inside, the home features a bright open concept living area with tile flooring throughout the main level. The living room flows seamlessly into the dining space and kitchen, creating a comfortable layout ideal for both everyday living and vacation rentals. The kitchen is equipped with white cabinetry, granite countertops, stainless steel appliances, a breakfast bar, and ample storage. A convenient half bathroom is located on the main level for guests. Upstairs, both bedrooms are spacious and privately situated, each with its own full bathroom to provide comfort and privacy for owners and guests. The bedrooms feature blackout curtains, and the home includes a full laundry area for added convenience. Two assigned parking spaces are located directly in front of the unit for easy access. The property also includes a large outdoor storage area and a separate interior owner's closet, perfect for storing personal belongings and rental supplies. Relax on the covered balcony overlooking the surrounding green space, an ideal spot for morning coffee or evening relaxation after a day at the beach. The Woodland Shores community offers two pools, a clubhouse, and shared outdoor areas, adding to the resort style amenities. Short term rentals are allowed, and with the home being sold fully furnished, this property offers a turnkey beach investment opportunity in Miramar Beach near Destin and Scenic Highway 30A. Buyer to verify all dimensions.

Property Information

Property Type

Residential

Sub-Type

Townhouse

Style

Townhome

Year Built

1983

Living Area

1,296 sq ft

Zoning

Resid Single Family

Days on Market

155

MLS® Listing#

993772

Property Features

Interior

Breakfast Bar

Exterior

Balcony

Appliances

DishwasherMicrowaveRefrigeratorElectric Oven

Cooling

Central AirElectric

Heating

CentralElectric

Pool

HeatedCommunity

Construction

StoneStuccoVinyl Siding

Roof

CompositionShingle

Community

Pool

Utilities

Cable AvailableElectricity Available

Sewer

Public Sewer

Water Source

Public

Rooms

  • Bedroom14 x 10Second
  • Kitchen14 x 11First
  • Living Room13.75 x 23First
  • Master Bedroom17 x 11Second

Schools

Elementary:
Van R Butler
Middle:
Destin
High:
South Walton

Financial Details

HOA

$737 / Monthly

Annual Taxes

$3,537

Tax year 2025

Assessed Value

$737

Parcel Number

30-2S-21-42740-000-0430

Directions

From Highway 98, turn south onto Ellis Road. Turn right onto Payne Street, then proceed to the last driveway on the right before the fence.

Affordability Calculator

$89,800

Estimated monthly payment

$2,390/mo

Principal $359,200 · Est. interest $501,116 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Miramar Beach, FL

$503,532
Median Listing Price
114
Median Days on Market
1,413
Median Sq Ft
$377
Median Price / Sq Ft
27,704
Active Listings
  • This home’s price is 11% below the area median.
  • Its price per sq ft is 8% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Miramar Beach, FL.

Location

Map showing the location of 241 Ellis Road UNIT 43, Miramar Beach, FL 32550

Points of Interest in Miramar Beach, FL

Showing the Miramar Beach area map.

Nearby Schools

  • Gateway Academy

    School · 1.9 mi away

  • Destin Middle School

    Secondary · 2.7 mi away

  • Destin High School

    Secondary · 3.6 mi away

  • Asheford Institute of Antiques

    School · 6.2 mi away

  • Destin Elementary School

    Elementary · 6.5 mi away

  • Emerald Coast Middle School

    School · 7.5 mi away

  • Van R Butler Elementary School

    Elementary · 7.5 mi away

  • Bluewater Elementary School

    Elementary · 7.8 mi away

  • Naval School Explosive Ordnance Disposal

    School · 8.3 mi away

  • The Tree House Episcopal Montessori School

    Elementary · 9.5 mi away

  • Niceville Head Start

    School · 9.7 mi away

  • Addie R Lewis School

    Elementary · 10.0 mi away

  • St. Paul Lutheran Church and School of Niceville

    School · 10.0 mi away

  • Ashnick Academy

    School · 10.2 mi away

  • James E. Plew Elementary School

    Elementary · 10.2 mi away

  • Niceville High School

    Secondary · 10.4 mi away

  • Niceville High School

    Secondary · 11.0 mi away

  • Rocky Bayou Christian School

    Secondary · 11.1 mi away

  • C. W. Ruckel Middle School

    Secondary · 11.1 mi away

  • Eglin Elementary School

    Elementary · 11.2 mi away

Commute Calculator

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Moving Cost Estimate

EXIT Agents in Miramar Beach

Listing Courtesy: Compass - 8502969769

IDX property data is provided exclusively for consumers’ personal, non-commercial use, and IDX data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS. IDX data provided by the Emerald Coast Association of Realtors.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by EmeraldCoast. MLS® Listing#993772. © 2026EXIT Realty®. All rights reserved.