Townhome

241 Ellis Road UNIT 20

Miramar Beach, FL 32550

MLS#: 1011409

$415,000

Status: Active

Listing number: 1011409

Listing provided by: Christies International Real Estate Emerald Coast

Listing agent phone: None

Last update: 5 hours ago

On site: 5 days ago

Browse Properties

Email
Pinterest
Facebook
X
Print

Property

Beds

Full Baths

1/2 Baths

Year Built

1983

Sq.Footage

1,296

A rare opportunity in Miramar Beach with a 2.5% Assumable VA Loan and $5,000 Seller credit! Rare Pool-Facing Location. Located in Woodland Shores, this beautifully renovated 2BR/2.5BA townhome is just two blocks from public beach access and Pompano Joe's. Even more unique, it is one of only four townhomes in the community with both the front door and second-floor balcony facing the pool--a highly desirable location within the community. Featuring a fresh coastal renovation, updated kitchen and baths, open living space, generous storage, two designated parking spaces, exterior storage, and access to two community pools, including one heated pool. 2.5% Assumable VA Loan | $5,000 Buyer Credit | 2 Blocks to Beach | Rare Pool-Facing Location Ideal as a primary residence, second home, or short-term rental investment. Woodland Shores offers two community pools, including one heated pool, a clubhouse, and grilling area. 2 Designated parking spaces, and additional exterior storage add to the convenience. HOA includes cable. With white-sand beaches, the Gulf of America, dining, and coastal attractions all within easy reach, this property is perfectly suited for a short-term rental investment, primary residence, or second home along the Emerald Coast.

Features & Amenities

Interior

Total Bedrooms

2
Bathrooms

2
1/2 Bathrooms

1
Cooling YN

YES
Cooling

Central Air, Ceiling Fan(s), Electric
Pet friendly

N/A

Exterior

Garage

No
Construction Materials

Vinyl Siding
Other Exterior Features

Balcony, Outdoor Shower, Rain Gutters
Patio and Porch Features

Porch, Patio
Pool

Yes
Pool Features

Heated, In Ground

Area & Lot

Lot Size(acres)

0.01
Lot Size(square feet)

435
Property Type

Residential
Property Sub Type

Townhouse
Architectural Style

Townhome

Price

Sales Price

$415,000
Tax Amount

$3,566.28
Zoning

City, Deed Restrictions, Resid Multi-Family
Sq. Footage

1,296
Price/SqFt

$320

HOA

Association

YES
Association Fee

$735
Association Fee Frequency

Monthly
Association Fee Includes

N/A

School District

Elementary School

Van R Butler
Middle School

Emerald Coast
High School

South Walton

Property Features

New Construction

NO
Foundation Details

Slab
Sewer

Public Sewer
Water Source

Public

Schedule a Showing

Showing scheduled successfully.

IN PERSON

VIA CHAT

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Home price($)

Down payment(%)

Interest rate(%)

Loan term(years)

Property tax($ per month)

HOA fees($)

Your payment

Principal and Interest:

Property taxes:

HOA fees:

Total loan payment:

Total interest amount:

Location

County

Walton

Elementary School

Van R Butler

Middle School

Emerald Coast

High School

South Walton

Listing Courtesy of Brooke A Hooks, Christies International Real Estate Emerald Coast

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

REALTOR®

Ricky Robbins

Call Ricky today to schedule a private showing.

(850) 625-4394

Ricky@GulfLifeGo.com

* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.

A rare opportunity in Miramar Beach with a 2.5% Assumable VA Loan and $5,000 Seller credit! Rare Pool-Facing Location.
Located in Woodland Shores, this beautifully renovated 2BR/2.5BA townhome is just two blocks from public beach access and Pompano Joe's. Even more unique, it is one of only four townhomes in the community with both the front door and second-floor balcony facing the pool--a highly desirable location within the community.

Featuring a fresh coastal renovation, updated kitchen and baths, open living space, generous storage, two designated parking spaces, exterior storage, and access to two community pools, including one heated pool.

2.5% Assumable VA Loan | $5,000 Buyer Credit | 2 Blocks to Beach | Rare Pool-Facing Location
Ideal as a primary residence, second home, or short-term rental investment.

Woodland Shores offers two community pools, including one heated pool, a clubhouse, and grilling area. 2 Designated parking spaces, and additional exterior storage add to the convenience. HOA includes cable.

With white-sand beaches, the Gulf of America, dining, and coastal attractions all within easy reach, this property is perfectly suited for a short-term rental investment, primary residence, or second home along the Emerald Coast.

241 Ellis Road UNIT 20

Message successfully sent.

First Name

Last Name

Phone

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Gulf Life Real Estate via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

New on site 3 days ago

'The Tennis Villas and Seascape Resort are the only condos in the resort that offer a carport and large fenced in backyard. COA is $1506.37 quarterly and master HOA is $925.32 quarterly covers building insurance basic cable Internet, water, trash, tennis courts, pickleball courts, basketball court, pool, and golf course are around the corner. Beach is a short walk or a quick golf cart ride. This is a family owned property and has never been on a short term rental.

Miramar Beach

46 Coral Cove UNIT 85B

2 Beds

2 Baths

1,004 Sq.Ft.

$359,000

MLS#: 1011465

Beautifully remodeled, turn key unit that is west facing. Enjoy views of the Bay, from the living room, bedroom and deck, affording lovely sunsets to enjoy your favorite beverage. Updated features include new furniture, fixtures, appliances, and HVAC. Modern kitchen boasts stainless appliances, new quartz countertops, & backspash with every detail well thought out. Open living and kitchen area has direct Bay views while you prepare your favorite meal, or entertain guests with plenty of space to enjoy. The Grand Sandestin is in the center of Baytowne Wharf. Walk out your door to numerous shops and restaurants, live music, or to enjoy the large private pool and take in some sun. This unit is sold ready to rent, with every convenience your short term or long term or personal use.

Miramar Beach

9500 Grand Sandestin Boulevard UNIT 2524

1 Beds

2 Baths

737 Sq.Ft.

$359,000

MLS#: 995612

Experience elevated resort living from this top-floor residence in Pilot House, ideally located in the heart of the Village of Baytowne Wharf. Just steps from premier dining, boutique shopping, entertainment, and year-round events, this condo offers the perfect blend of convenience and a peaceful retreat. Offering exceptional flexibility with three rental configurations--a 2-bedroom residence, 1-bedroom condo, or private studio--this property is ideal as a primary residence, second home, or income-producing vacation rental. Inside, wood-plank flooring, updated furnishings, and new countertops in the kitchen and bathrooms create a fresh, refined feel. An owner's closet and additional storage cage in the parking garage provide valuable private storage. Pilot House owners enjoy exclusive access to a lushly landscaped amenity terrace featuring a resort-style pool, fitness center, lawn, and grilling area, along with the Founders Club overlooking the Village Events Plaza. Turnkey, versatile, and perfectly positioned, this top-floor residence offers an exceptional opportunity to own in one of Sandestin's most sought-after locations. As an introduction to the Sandestin lifestyle, we invite our new owners to explore amenities that make Sandestin special. The listing brokerage and seller(s) are presenting the buyer(s) of this property with (2) 90-minute rounds of Tennis court time, a golf foursome at one of our three championship courses, and a round of golf for up to four (4) players at the unrivaled Burnt Pine Golf Club.

Sandestin Golf and Beach Resort features more than seven miles of beaches and pristine bay front, four championship golf courses, 15 world-class tennis courts, a 226-slip marina, a fitness center, spa and celebrity chef dining. Shop, dine and play at the charming pedestrian village, The Village of Baytowne Wharf and more. Inside the gates of the resort, residents enjoy a balanced lifestyle of high-class living, spanning the 2,400 acres from the beach to the bay. Everything within the gates of the resort is accessible by golf cart or bicycle. The entire resort is interconnected by miles of pedestrian, bike and golf cart paths that weave through groves of live oaks, meandering past natural lagoons, fountains, man-made lakes, and meticulously landscaped fairways.

Miramar Beach

9300 Baytowne Wharf Boulevard 515/517

2 Beds

2 Baths

1,128 Sq.Ft.

$435,000

MLS#: 1011223

Priced to move fast in one of Seascape Resort's most walkable garden villa locations, this ground-floor 2-bedroom, 2-bath condo puts you steps from the pool, a short stroll to the beach, and below recent comparable sales for this exact floorplan in the resort. With no stairs to climb, it is an easy, convenient layout for owners and renters alike. At 1,110 square feet, the open living and dining area leads to a private, covered patio overlooking the golf course, quiet, shaded, and ideal for morning coffee or an evening unwind after a day at the beach. The primary bathroom was fully renovated with all-new plumbing, fixtures, and finishes, giving peace of mind on one of the areas that matters most in coastal ownership. The kitchen was previously updated with modern cabinetry and appliances, and the unit comes fully furnished and ready to use as a second home, primary residence, or income-producing rental. Documented owner net rental income has ranged from $32,995 to $42,920 over the past three years, details available upon request. Seascape Resort is a gated community offering five resort-style pools, eight tennis courts, pickleball courts, a golf course, and deeded private beach access, plus the on-site Whale's Tail restaurant, Seascape Towne Centre shopping and dining, and the amphitheater, home to the popular Moon Crush concert series. One of the most competitively priced 2BR/2BA units of this size in Seascape. Motivated seller, bring your offer. Property Snapshot

" 2 Bed / 2 Bath, 1,110 sq ft, ground floor, no stairs

" Fully furnished, turnkey

" Private covered patio, golf course view

" Primary bath: full renovation, all-new plumbing and finishes

" Kitchen: previously updated cabinetry, countertops, appliances

" HOA: quarterly assessment, includes water, trash, cable, internet, ground keeping, master association, security, sewer, legal

" Short-term rentals permitted

Market Position

" List price is below the $373-397/sqft range recently achieved by comparable updated twin-floorplan units in Seascape

" Comparable sold units for reference: 159 Sunset Bay #23A -- sold $435,000 (Dec 2025)

" 283 Sunset Bay #28C -- sold $415,000 (Mar 2026)

" 764 Seascape #16D -- sold $412,000 (Nov 2025, 12 days on market)

Financial Notes -- Verified (Source: Seller-Provided Cost to Own Sheet + Seller Interview)

" Documented owner net rental income: $42,920 (2022), $32,995 (2023), $34,232 (2024). Three-year average: ~$36,700/year. Data predates the 2025-2026 season; request an updated statement from the rental program for the most current figures.

" Seller confirms these net figures are already after sales/bed tax remittance (~20% of gross). Estimated gross rental revenue: ~$41,000-$54,000/year, averaging ~$45,900/year across the three years.

" Self-management caveat: the seller books and manages the rental themselves -- no third-party management commission has been deducted from the net figures above. A buyer who intends to self-manage can reasonably expect similar economics. A buyer who plans to hire a property manager should underwrite a further reduction for that management fee, since this seller simply didn't pay one.

" Documented annual carrying costs: Seascape Master Association $943.77/quarter + COA Phase 3 $1,394.23/quarter ($9,352/year combined), property taxes $3,055.42/year (2024), electricity ~$1,800/year. Total operating expenses: $14,207.42/year.

" Bottom line for underwriting, confirmed directly with the seller: net rental income does not yet have HOA dues, property taxes, or electricity deducted -- the owner pays those separately out of pocket after collecting rental income. True owner profit nets the two figures against each other: average ~$22,500/year, or ~5.8% unlevered yield on the current $389,900 ask. This is a confirmed number, not an inference -- safe to use directly with a buyer's agent.

" Seller is motivated and open to a fast, clean closing timeline

" Buyer's agent commission: 2.5% co-op, confirmed

Buyer Persona -- Who This Property Actually Wins

This unit is not well positioned to compete for the lifestyle buyer cross-shopping against Seascape's nicest, most-updated inventory -- it will lose that comparison on finish level alone. It is well positioned for a documented-cash-flow investor buyer: someone comparing yield across short-term rental condos, who values a verifiable income history over granite countertops, and for whom ground-floor no-stairs access (easier for renters with beach gear) and a price already below the twin-floorplan comp band are real decision factors. Direct buyer's-agent outreach and any paid promotion should lean toward this audience rather than a general lifestyle search.

Talking Points for Buyer's Agents

" This is the value entry point into this floorplan in Seascape right now -- not the flashiest unit, the smartest number.

" Ground floor means zero stairs and zero elevator wait -- an underrated differentiator for older buyers, renters with luggage, and quick beach access.

" New plumbing behind the primary bath wall is a genuine long-term win most buyers never think to ask about until it's already a problem elsewhere.

" This development is currently a buyer's market (~7 months of supply); this unit is priced meaningfully below the pack, a real argument for a value-driven buyer.

Miramar Beach

293 Sunset Bay UNIT 29B

2 Beds

2 Baths

1,110 Sq.Ft.

$389,900

MLS#: 969085

Front-row to the magic of Baytowne Wharf. This third-floor corner residence at Observation Point is uniquely positioned to take in every special event center stage -- fireworks, concerts, parades, and year-round Village celebrations light up the water from your windows and balcony.

This 2-bedroom, 2-bath retreat showcases floor-to-ceiling windows that wrap the living area with natural light and Village views. Newly appointed with contemporary beach-style furnishings -- completely turnkey. The split floor plan gives each bedroom privacy and Village views; the primary en-suite offers a double vanity, walk-in shower, and separate soaker tub. New HVAC and water heater -- move-in or rent-ready, and income-producing on an established short-term rental program.

Observation Point owners enjoy a rooftop Pool Pavilion -- pool, hot and cold spas, fitness center, and grilling area -- plus the private Founders Club. Beyond your door: miles of sugar-white beach, four championship golf courses, tennis and pickleball, a bayfront marina, and nature trails throughout Sandestin. Stroll to Baytowne's shops, dining, and nightlife, or shuttle to the Gulf.
Included: one garage parking space and a private storage cage.

Miramar Beach

9100 Baytowne Wharf Boulevard UNIT 364

2 Beds

2 Baths

1,023 Sq.Ft.

$439,900

MLS#: 1010697

This adorable unit has been beautifully updated, furnished and cared for. It features 1 bedroom, 2 full bathrooms and an nice open floor-plan, complete with a dining area and bar seating for your guests. There's a long balcony with tons of space and seating that overlooks the pool area. The unit comes with an owners storage closet for all your personal belongings.

The HOA dues cover TV, internet and cable, trash, sewer, security and ground keeping, as well as access to all the Recreational Facilities: Community room, exercise room, pickle ball courts, playground, pool, and tennis.

You'll also have easy access to the Baytowne Wharf marina, shopping, entertainment, golf and tennis.

Miramar Beach

9500 Grand Sandestin Boulevard UNIT 2206

1 Beds

2 Baths

821 Sq.Ft.

$360,000

MLS#: 1010656

Purchase w/ 10% down. PRICED TO SELL! RESERVED PARKING SPACE! Step into elegance at your NEW privately-gated Beach Condo - Alerio E402! This stunning top-floor, 2-bedroom, 2-bath luxury condo is directly across the street from the sugar-white sands of Miramar Beach. This turnkey, fully furnished residence is a rare find and an unbeatable investment—now is the time to buy your dream beach escape or high-performing rental! Soaring 10-foot ceilings, rich wood flooring, crown molding, and granite countertops throughout give this beach condo an upscale, coastal-chic feel. The chef's kitchen is outfitted with sleek stainless steel appliances, a full-sized washer & dryer, and all the modern conveniences of home. Unwind on your private balcony with morning coffee or sunset cocktails. Read more... The king master suite boasts a spa-inspired ensuite bath with steamy- glass walk-in shower, while the second bedroom features a twin-over-full bunk, plus there's a queen sleeper sofa in the living area comfortably sleeping up to 6 guests.

Located in the gated, upscale community of Alerio, enjoy exclusive amenities including a seasonally heated pool with waterfall feature, hot tub, splash pad, grilling area, and two deeded beach access points - just steps from your door!

You're also within walking distance of Surf Hut and Cabana Café, and just a short drive to Silver Sands Premium Outlets and the vibrant Village of Baytowne Wharf for dining, fireworks, and live entertainment.
You will also have a reserved parking spot + the complex has a separate "Owners Only" section of the parking lot.

Qualified buyers can purchase w/ only 10% down!

Miramar Beach

732 Scenic Gulf Drive UNIT E402

2 Beds

2 Baths

982 Sq.Ft.

$429,000

MLS#: 979708

Miramar Beach

2606 Scenic Gulf Drive UNIT 4205

1 Beds

1 Baths

762 Sq.Ft.

$380,000

MLS#: 1010428

LOWEST PRICE 1 BEDROOM UNIT AVAILABLE IN EDGEWATER! This unit blends comfort & convenience with coastal living! A great opportunity for an investment, second home, or primary residence. Stepping inside you'll find an open floor concept seamlessly connecting the Kitchen, Dining Area and Living Room. Floor to Ceiling sliding doors from the Living Room take you from your cozy abode to a covered patio and direct access to the beach! Right from your very one patio!
The kitchen hosts soft-close cabinets & drawers, breakfast bar, modern stainless steel appliances, dimmable lighting, and ample storage to stash kitchen necessities like dishware and beach snacks. In-unit washer and dryer adds to your easy beach living lifestyle. The spacious living room offers owners and guests a walk-out patio, offering direct access to the community's Resort-Style Amenities including Multiple Pools, Playground, approximately 425' of Gulf Coast Beach! The gated entrance to the complex and ample covered parking offer addeed security piece of mind for owners and their guests. With it's central location, the complex is located only 4 minutes from the Shopping, Entertainment, and Dining of the Silver Sands Premium Outlets, just 20 minutes from Destin's bussling Harbor and 30 Minutes from the iconic beach towns of 30A.

Miramar Beach

291 Scenic Gulf Drive UNIT 108

1 Beds

1 Baths

1,006 Sq.Ft.

$419,000

MLS#: 1010317

Townhome

Features & Amenities

Interior

Exterior

Area & Lot

Price

HOA

School District

Property Features

Schedule a Showing

Mortgage calculator

Listing Courtesy of Brooke A Hooks, Christies International Real Estate Emerald Coast

Related Properties

Virtual Assistant

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Accessibility Menu

Personalize your search

Continue your home search