$1,280,000

Discover the perfect blend of coastal luxury, privacy, and investment potential at 61 Shelley's Way, a beautifully furnished 4-bedroom, 4-bathroom retreat nestled within the gated Villas of Frangista community in Miramar Beach. Located in the desirable third addition of Frangista Beach, this exceptional property offers everything you love about the Emerald Coast lifestyle, including a private pool, inviting outdoor entertaining spaces, and convenient access to the beach, shopping, and dining. Step inside and immediately feel at home. An abundance of natural light, beautiful wood flooring, and a fresh coastal color palette create an inviting atmosphere throughout the open-concept living spaces. The thoughtfully designed kitchen serves as the heart of the home, featuring white quartz countertops, stainless steel appliances, a generous island with seating, and a dedicated coffee and beverage bar with a wine chiller. Whether hosting family gatherings or enjoying a quiet morning at the beach, this home was designed for effortless coastal living. Four spacious bedrooms and four full bathrooms provide comfortable accommodations and privacy for owners and guests alike. Your own private outdoor oasis awaits. Step outside to a beautifully designed backyard centered around a sparkling private pool. A covered porch, outdoor television, cozy fire feature, and ample lounging space create the ultimate setting for entertaining, unwinding after a beach day, or simply enjoying Florida's beautiful weather. The fenced backyard provides added privacy, while the attached garage offers convenient storage for beach essentials, bicycles, and more. For buyers seeking an investment opportunity, this property offers the added advantage of established vacation rental activity. Reported rental activity has exceeded $55,000 for the year, despite owner usage and blocked dates, with projections suggesting the potential for approximately $78,000 in annual gross rental revenue with consistent availability. Offered fully furnished with only a few minor exclusions, the home provides a nearly turnkey opportunity for a primary residence, second home, or short-term vacation rental. Beyond the property, residents enjoy the security of a gated neighborhood and access to a community pool. The beautiful white-sand beaches of Miramar Beach are just a short golf-cart or bicycle ride away, with the Miramar Beach Regional Public Beach Access near Pompano Joe's offering parking, restrooms, showers, bike racks, ADA accessibility, and seasonal lifeguards. The property does not include deeded private beach access. The location is equally impressive. Enjoy being minutes from Silver Sands Premium Outlets, Grand Boulevard, Sandestin Golf and Beach Resort, championship golf courses, exceptional restaurants, and everyday conveniences. Scenic Highway 30A and the renowned beach communities of South Walton are a short drive away, along with all the boating, fishing, and entertainment that Destin has to offer. Private pool. Gated community. Furnished interiors. Proven rental activity. Exceptional location. Opportunities to enjoy this combination of features in the heart of Miramar Beach deserve a closer look. Whether your vision includes a personal coastal escape or an investment along the Emerald Coast, 61 Shelley's Way is ready to welcome you. Schedule your private showing today and experience everything this beautiful coastal retreat has to offer!