Frangista Beach 2nd Addn Homes under $1.5 million

Frangista Beach 2nd Addn Homes under $1.5 million

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Newest Frangista Beach 2nd Addn Homes under $1.5 million

283 Lakeland Dr, Miramar Beach
$1,100,000
4 Beds ⋅ 3 Baths ⋅ 1009096 MLS
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. Whether you're looking for a primary residence, second home, or a high-performing vacation rental, this property delivers the perfect combination of luxury, location, and income potential--all just moments from the Gulf's world-famous beaches. The home is being sold fully furnished, so bring your beach towel and get ready to enjoy the best the Emerald Coast has to offer!

283 Lakeland Dr, Miramar Beach

77 Mobile St, Miramar Beach
$999,999
4 Beds ⋅ 4 Baths ⋅ 1008052 MLS
Under $1 million in Frangista Beach, this spacious coastal retreat offers an exceptional combination of size, location, and rental potential. Sold furnished and rental-ready, the home accommodates up to 16 guests and has been refreshed with a new air-conditioning system, fresh interior paint, and new engineered wood flooring throughout. The bright, open-concept living area features abundant natural light, generous seating, and a large dining space ideal for gathering with family and friends. The adjoining kitchen offers white cabinetry, granite countertops, stainless steel appliances, a spacious island, and additional bar seating. Thoughtfully planned sleeping accommodations include well-appointed bedroom suites, a twin guest room, and a custom built-in bunk room that adds character and valuable guest capacity. Multiple bathrooms feature granite vanities, tiled showers, and attractive coastal finishes. Outside, enjoy covered front and rear porches, a landscaped yard, paver driveway, and attached garage with room for beach gear, bicycles, and a golf cart. The gated community also offers a swimming pool and convenient access to the sugar-white sand and emerald waters of the Gulf. With its recent updates, flexible layout, and desirable Miramar Beach location, this home is well suited as a vacation rental, second home, or full-time residence. Opportunities of this size under $1 million in Frangista Beach are increasingly difficult to find.

77 Mobile St, Miramar Beach

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Vendor Member Number : 28166