$2,650,000

319 Ellis Rd Miramar Beach, FL 32550

8 beds
8 full, 1 partial
5,304 sqft
0.2 acres
$500 / sqft
House

Property details

About 319 Ellis Rd

If youre searching for a fully furnished beach house that offers both personal luxury and serious investment potential, look no further! This expansive Miramar Beach retreat combines high-end amenities, a prime location, and an unbeatable price point—delivering exceptional value at just $499 per square foot. Positioned just steps from the sugar-white sands and emerald Gulf waters, this is where unforgettable vacations happen and high-dollar rental returns begin. Spanning over 5,000 square feet, this turnkey rental machine accommodates 28-32 guests across eight very spacious bedrooms, each with its own private ensuite bathroom. The professionally designed interiors showcase custom shiplap walls, elegant wainscoting, and upgraded coastal finishes and décor, creating a warm, stylish atmosphere that appeals to vacationers and investors alike. The homes multiple entertainment spaces are designed for premium guest experiences, ensuring repeat bookings and five-star reviews: expansive family room and multiple living areas for effortless entertainment; game rooms packed with pool, ping pong, and foosball; entertainment for all ages. Three refrigerators, an ice maker, and a beverage fridge, all ready for you and your guests. Resort-style outdoor living = more bookings & higher rental rates. Highlights include a heated saltwater pool; waterfall hot tub for ultimate relaxation; brand-new premium outdoor furnishings for comfort and style; and a built-in natural gas grill station. A natural gas fire pit table offers the perfect gathering spot for lasting memories under the stars. Custom putting green, a unique, high-value amenity, and a fully fenced, private yard, ideal for families, corporate and private retreats, sports teams, and large groups. This property is already a high-performing short-term rental with a flawless 10/10 VRBO rating since launching in summer 2023, but has yet to hit its full potential, with the current owner using significant time for personal use and as a perk for their own high-end clients. Now with newly enhanced resort-style outdoor spaces, designer upgrades, and expanded entertainment areas inside and out, the rental income is poised to continue to grow, surpassing nearby properties in both demand and revenue. With no HOA restrictions, parking for six vehicles, and projected rental income nearing $300,000 annually, this is a rare opportunity to own a luxury investment property uniquely positioned for built-in revenue upside without the hassles involved with managing out-of-state improvements. Act fast...high-yield rentals in this prime location accented with comfort, class, and sophistication offer exceptional value. Move quickly! Dont miss out and schedule a private tour today to experience firsthand why this Miramar Beach gem is THE best investment opportunity on the market!

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Size5,304 sqft
Lot size0.16 Acres
Year built2023
MLS #973559
ViewGulf
Private poolYes

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 8
  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Range Hood, Refrigerator, Electric Oven, Washer
  • Interior: Raised Ceiling, Kitchen Island, Recessed Lighting, Newly Painted, Pantry, Shelving, Split Bedroom, Wainscoting Walls
  • Total Bedroom Count: 8
  • Private Pool: Yes
  • View: Gulf
  • Exterior: Balcony, BBQ Pit/Grill, Fenced Back Yard, Hot Tub, Shower
  • Architectural Style: Beach House
  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air
  • List Price: $2,650,000
  • Price/SqFt: $499
  • Annual Tax Amount: $2,317
  • Tax Year: 2023
  • Lot: Flood Insurance Required, Within 1/2 Mile to Water
  • Directions: From Scenic 98, turn north on Ellis Road. Home will be on your left.
  • Year Built: 2023
  • Stories: 3
  • Living Area: 5,304 SqFt
  • Lot Size: 0.16 Acres
  • MLS Number: 973559
  • MLS Name: Emerald Coast Association of REALTORS®
  • Office Name: LPT Realty LLC
  • Office Email: flbrokers@lptrealty.com
  • Listing Agent: Todd A Siegrist

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/16/2025, 12:50:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of pool with a fenced in pool, an in ground hot tub, a patio area, outdoor dining area, and a fenced backyard

$2,650,000

319 Ellis Rd

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Price information

Property sales

DateEventPrice
Jun 22, 2023
Home Sold
$2,467,000

Tax history

YearAssessmentProperty Tax
2023$255,000$2,317
2022$283,050$2,623

History based on county public records data.

Nearby schools

8

Destin Elementary School

Public District PK-4

6.5 mi

630 Kelly St

7

Van R. Butler Elementary School

Public District KG-5

7.5 mi

6694 W County Highway 30A

9

Bluewater Elementary School

Public District KG-5

7.7 mi

4545 Range Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $48,071. The most common annual income of people living in Miramar Beach, FL is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

35%
<35k
46%
35k-100k
16%
100k-200k
3%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

56%
Single, No Kids
4%
Single, with Kids
32%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
3%
12-17 yrs old
18%
18-34 yrs old
48%
35-64 yrs old
22%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • NASCARNASCAR
  • SoccerSoccer

Where do the neighbors shop?

  • Stein MartStein Mart
  • Dick's Sporting GoodsDick's Sporting Goods
  • Old NavyOld Navy

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • ArbysArbys
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • LincolnLincoln
  • GMCGMC
  • LexusLexus

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Adult HitsAdult Hits
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 319 Ellis Rd

The listing price of 319 Ellis Rd property is $2,650,000.

The property 319 Ellis Rd is a house located in Miramar Beach, Florida, 32550.

Active Listing: 319 Ellis Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 319 Ellis Rd are: Destin Elementary School (GreatSchools Rating 8/10), Van R. Butler Elementary School (GreatSchools Rating 7/10), Bluewater Elementary School (GreatSchools Rating 9/10), Destin Middle School (GreatSchools Rating 8/10), Lewis School (GreatSchools Rating 8/10), C.W. Ruckel Middle School (GreatSchools Rating 9/10), Niceville High School (GreatSchools Rating 6/10), Collegiate High School at Northwest Florida State College (GreatSchools Rating 9/10), South Walton High School (GreatSchools Rating 8/10).

According to the records, the last property tax for 2023 is $2,317 (source: MLS/based on county public records data).

The last sale was on June 22, 2023 for $2,467,000 (source: MLS/tax record).

The property at 319 Ellis Rd has 8 bedrooms and 8 full and 1 half bathrooms.

The property 319 Ellis Rd is 5,304 SqFt (source: MLS/tax record).

The year of construction for 319 Ellis Rd is 2023.

This home is located at 319 Ellis Rd in Miramar Beach, FL and zip code 32550. This 5,304 square foot home, which was built in 2023, sits on a 0.16 acre lot. Features: 8 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since April 10, 2025 and is currently priced at $2,650,000.

In April 2025, from all listings sold in Miramar Beach, FL there were more than 3 sold above asking price, over 43 sold below and more than 5 were sold right at the asked price. The inventory of homes for sale in Miramar Beach, FL between March and April 2025 increased by 7.8%. In April 2025 median list price was $736,800 and the average listing age was 81 days.

From Rocket Homes Real Estate and based on county public records data.

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