
241 Ellis Road UNIT 43, Miramar Beach, FL 32550
WOODLAND SHORES T/H PH 3 · Walton County
Key Facts
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
Exterior
Appliances
Cooling
Heating
Pool
Construction
Roof
Community
Utilities
Sewer
Water Source
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
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
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1745 E Hallandale Beach Blvd 2304W, Hallandale Beach, FL | $314,495 | 1 | 2 | 920 |
| 1745 E Hallandale Beach Blvd 2001W, Hallandale Beach, FL | $314,500 | 1 | 2 | 915 |
| 27 Hibiscus Drive, Ormond Beach, FL | $314,900 | 3 | 2 | 1,036 |
| 9860 S Thomas Drive UNIT 214, Panama City Beach, FL | $314,900 | 1 | 2 | 1,047 |
| 8386 106th Avenue, Vero Beach, FL | $314,900 | 3 | 2 | 1,540 |
| 2830 Scenic Gulf Drive UNIT 130, Miramar Beach, FL | $314,900 | 1 | 1 | 587 |
Moving Cost Estimate
EXIT Agents in Miramar Beach
Listing Courtesy: Compass - 8502969769
















