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$1,100,000
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Property Description
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!
Full Property Details
Full Property Details for 283 Lakeland Dr
General
- Price: $1,100,000
- Taxes: $8,109 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 1009096
- Updated: 9/21/2026
- Added to Site: 56 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Allowed, Community Room, Deed Access, Gated Community, Picnic Area, Pool
Interior
- Number of Rooms: 6
- Interior Features: Ceiling Vaulted, Kitchen Island, Pantry, Washer/Dryer Hookup
- Appliances: Dishwasher, Microwave, Refrigerator, Stove/Oven Electric, Water Heater - Elect
- Furnishings: Furnished - None
- Flooring: Floor Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Pool Description: Pool Type
Exterior
- Exterior Features: BBQ Pit/Grill, Fenced Back Yard
- Porch/Patio/Deck: Patio Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
Location
- Area: 15 - Miramar/Sandestin Resort
- County: Walton
- Subdivision: FRANGISTA BEACH 2ND ADDN
- Driving Directions: Scenic Hwy 98 to Miami Ave, north from scenic 98 until you run into the main gate of the Villas of Frangista. Take a left at the front gate onto West Palm st. West Palm will turn into Charlotte Ave. Take a right onto Mobile St. From Mobile, Lakeland dr will be the last right (dead end). The property will be on you left while heading south on Lakeland dr.
School Information
- Elementary School: Van R Butler
- Middle School: Emerald Coast
- High School: South Walton
Community
- Association: Yes
- Assoc. Fees Include: Accounting, Management, Recreational Faclty, Security
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
- Heating/Cooling: Central, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Public Water
Structural Information
- Architectural Style: Beach House
- Construction: Siding CmntFbrHrdBrd, Stucco
- Exterior Const.: Siding CmntFbrHrdBrd, Stucco
- Stories/Levels: 2
- Square Feet: 2,428
- Sq. Ft. Source: County PA Records
- Year Built: 2019
Lot Features
- Lot Dimensions: 50 x 90
- Lot Features: Restrictions, Within 1/2 Mile to Water
- Zoning: Resid Single Family
Financial Considerations
- Assessment Amount: $450
- Tax Amount: $8,109.66
- Tax Year: 2025
Disclosures and Reports
- Legal Description: LOT 1 BLK K FRANGISTA BEACH 2ND ADDITION PB 3-41 OR 1754-243 OR 2619-2550 OR 2633-3952 OR 2633-4001 OR 2667-394 OR 3060-4046
- APN: 32-2S-21-42050-00K-0010
- Property ID: 32-2S-21-42050-00K-0010
Listed by Go Coastal Realty LLC
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Schools
Schools serving 283 Lakeland Dr
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
Van R. Butler Elementary School 6694 West County Highway 30A, Santa Rosa Beach, FL 32459 | K-5 | 6.9 mi |
Emerald Coast Middle School 4019 US Highway 98 East, Santa Rosa Beach, FL 32459 | 6-8 | 15.7 mi |
South Walton High School 645 Greenway Trail, Santa Rosa Beach, FL 32459 | 9-12 | 11.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 283 Lakeland Dr
Date
Details
Price
Change
Source
8/03/2026
Listed
$1,100,000
2.33%
MLS
5/21/2025
Sold
$1,075,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 283 Lakeland Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,447
-14%
$973,445
-12%
2024
$9,781
—
$1,109,052
-1%
2023
$9,790
116%
$1,115,681
139%
2021
$4,524
-24%
$467,337
-41%
2022
$5,960
32%
$786,768
95%
2021
$4,524
408%
$404,224
351%
2019
$890
-5%
$89,618
-4%
2018
$934
30%
$93,665
3%
2017
$719
5%
$90,936
4%
2016
$687
2%
$87,439
2%
2015
$672
19%
$86,020
26%
2014
$566
43%
$68,000
70%
2013
$397
—
$40,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 283 Lakeland Dr
283 Lakeland Drive, Miramar Beach, FL 32550 (MLS# 1009096) is a Single Family property with 4 bedrooms and 3 full bathrooms. 283 Lakeland Drive is currently listed for $1,100,000 and was received on August 03, 2026. Want to learn more about 283 Lakeland Drive? Do you have questions about finding other Single Family real estate for sale in Miramar Beach? You can browse all Miramar Beach real estate or contact a Coldwell Banker agent to request more information.

