T H E
V I L L A S
O F
P R O P E R T Y
F R A N G I S TA
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G U I D E
M I R A M A R
B E A C H ,
F L O R I D A
61 Shelley’s Way Offered at $1,280,000 FOUR BEDROOMS
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PRIVATE POOL
P R E S E N T E D
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GATED COMMUNITY
B Y
Anderson Group 30A B e r ks h i r e H a t h a way H o m e S e r v i c e s | B ea c h Pr o p e r t i e s o f F l o r i d a
WELCOME TO 61 SHELLEY’S WAY
A Private Pool Home Inside the Gates Four bedrooms, a private pool, and a wooded backyard with no one behind you — a golf cart ride from the Gulf.
Built in 2019, 61 Shelley’s Way sits inside Villas of Frangista, a gated neighborhood in Miramar Beach. Out back, a private pool, covered porch, and fire pit share a fenced yard that backs up to woods rather than another house. The main level is open and easy to live in, with a guest bedroom just off the foyer. Upstairs are the primary suite and a bonus den, and the fourth bedroom is set up as a bunk room. The current owners have run the home as a vacation rental, and their actual rental numbers are in the back of this guide. It’s being sold fully furnished, with a few minor exclusions. Second home, full-time residence, or income property: it’s set up to work as any of the three.
61 SHELLEY’S WAY
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MIRAMAR BEACH
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AT A GLANCE
HIGHLIGHTS
The Home
What Sets It Apart
OFFERED AT
Gated neighborhood with its own community pool
$1,280,000 BEDROOMS
4 · sleeps 12
Private pool, covered porch, and gas fire pit Fenced backyard that backs up to woods — no rear neighbors Open living, kitchen, and dining on the main level
BATHROOMS
4 full
Four full baths — three attached to the upstairs bedrooms, one off the main-level hall
HEATED SQ. FT.
Upstairs bonus den — a second place to relax
2,512 YE A R B U I LT
2019
Golf cart ride to the Miramar Beach Regional Access Short-term rentals allowed — $61,418 gross in 2024 Sold fully furnished, with a few minor exclusions
LOT
0.13 acre VIEW LISTING
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COMMUNITY
Villas of Frangista POOLS
Private + community GARAGE
1-car · attached HOA
$450 / quarter FURNISHED
Yes · minor exclusions
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THE MAIN LEVEL
Foyer & Living
The front door opens into the foyer, with the stairwell rising just off the entry and the living room straight ahead. The main level is one open space — living, kitchen, and dining together under recessed lighting, with light woodtone floors running throughout. A run of tall windows with woven shades looks out to the fenced yard and the trees beyond, and in-ceiling speakers keep the sound in the room without cluttering it. It works day to day for a family, and it works for a full house of rental guests.
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THE MAIN LEVEL
Kitchen & Dining The kitchen anchors the open main level: gray shaker cabinetry, white quartz counters, a subway tile backsplash, and KitchenAid stainless appliances, with an island that seats four under a pair of woven pendants. Along the side wall, a coffee and wine bar with herringbone tile, stemware storage, and an under-counter beverage fridge keeps drinks out of the cook’s way. Dining sits in a bright corner nook wrapped in windows on three sides, with a beaded chandelier over the table.
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UPSTAIRS
The Primary Suite
The stairwell — wood treads and handrail with twisted iron balusters — carries you up from the foyer to the second floor and the primary suite. At roughly 15 by 17 feet, the bedroom is bright and roomy, with plantation shutters on every window, a ceiling fan and recessed lighting overhead, and enough floor space for a sitting corner by the windows. A walk-in closet sits off the primary bath.
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THE PRIMARY SUITE
Primary Bath The primary bath has a long double vanity — gray shaker cabinetry, white counters, and two sinks — with a plantation-shuttered window between the mirrors for daylight. The walk-in shower is finished in largeformat marble-look tile, with a frameless glass panel, a built-in niche, and a mosaic tile floor. Back in the bedroom, a pair of woven chairs sets up a quiet corner for morning coffee.
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GUEST SUITES
Guest Bedroom One
The first guest bedroom is bright and simple: plantation
Its attached bathroom has a walk-in shower in the same
shutters and full-length drapes on a pair of windows, a
marble-look tile as the primary, with a glass enclosure, a
ceiling fan, and room for a reading chair in the corner.
built-in niche, and a gray shaker vanity with a white counter.
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GUEST SUITES
Guest Bedroom Two
The second guest bedroom is on the main level, just off
The main level’s full bath sits just across the entry hall,
the foyer — a good fit for grandparents or anyone who’d
pairing a walk-in shower — marble-look tile, glass door,
rather skip the stairs. It has a double-door closet, a ceiling
shuttered window — with a gray shaker vanity under a
fan, and a plantation-shuttered window.
round mosaic-framed mirror.
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GUEST SUITES
The Bunk Room
The fourth bedroom is set up as a bunk room: built-in bunks against a shiplap wall, with a staircase instead of a ladder, storage drawers under the lower bunk, and a small nook at each level. It’s the room that lets the home sleep a bigger group, and usually the first one the kids claim. Its attached bathroom has a long vanity, with the tubshower combination and toilet behind a separate doorway so two people can get ready at once. Altogether, the home is set up to sleep 12.
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UPSTAIRS
Bonus Den & Laundry
At the top of the stairs, a bonus den gives the bedroom
The laundry room is up here too, steps from the bedrooms,
level its own sitting room — a pair of armchairs, a TV, and a
with a washer and dryer, cabinet storage, a hanging rod,
place for kids to hang out away from the main living area.
and a row of hooks for beach towels.
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FLOOR PLANS
The Main Level ROOM DIMENSIONS LIVING ROOM
13'1" × 35'7" KITCHEN / DINING
13'4" × 22'8" GUEST BEDROOM
13'4" × 10'11" BATHROOM
6'1" × 6'10" GARAGE
13'4" × 20'6"
Also on this level: the entry and stairwell, a front veranda, the covered rear patio, and two pantries off the kitchen.
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Floor plans by Matterport. Sizes and dimensions are approximate; actual may vary.
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FLOOR PLANS
The Upper Level ROOM DIMENSIONS PRIMARY BEDROOM
15'1" × 17'6" PRIMARY BATH
11'0" × 9'4" BEDROOM
11'0" × 15'5" BEDROOM
14'7" × 11'5" BATH · TUB
7'9" × 11'4" BATH · SHOWER
11'6" × 5'4" LAUNDRY
6'0" × 5'8"
The bonus den sits at the top of the stairs, with closets and storage off the hall.
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Floor plans by Matterport. Sizes and dimensions are approximate; actual may vary.
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OUTDOOR LIVING
The Private Pool Out back, the private pool runs the length of the side yard, framed by a wide concrete deck, a tall hedge on one side, and the house on the other. Wide steps lead in at the shallow end, and a row of loungers lines the far end of the deck along the fence. The pool is heated gunite, so it stays comfortable well beyond the summer months.
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OUTDOOR LIVING
Covered Porch & Fire Pit
The covered porch opens straight onto the pool deck, with ceiling fans and a mounted TV overhead. It’s set up with lounge seating around a gas fire pit, and an outdoor dining table sits just past it on the deck. The whole yard is fenced, and it backs up to woods rather than another house — the aerial on the next page shows trees behind and alongside, with no rear neighbors.
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THE NEIGHBORHOOD
Villas of Frangista
Villas of Frangista is a gated neighborhood in Miramar Beach. From above, the layout is easy to read: the home sits at the wooded edge of the neighborhood, facing the pond, with the Gulf just beyond the rooftops. Along with the home’s own pool, owners have access to the community pool beside the clubhouse, ringed by tall pines. The entrance is gated, with a separate pedestrian gate. Short-term rentals are allowed. HOA dues, what they cover, and the community rules worth knowing are in Ownership Essentials, a few pages ahead.
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THE BEACH
Miramar Beach Regional Access
The home doesn’t have deeded private beach access. What it has instead is a quick ride by bike or street-legal golf cart to the Miramar Beach Regional Access — one of the largest public accesses in South Walton, right next to Pompano Joe’s on Scenic Gulf Drive.
AROUND MIRAMAR BEACH REGIONAL BEACH ACCESS
Golf cart or bike ride POMPANO JOE’S
The access is ADA accessible, with restrooms, outdoor showers, bike racks, a boardwalk, and free parking on both the Gulf side and north of Scenic Highway 98. Lifeguards are on duty seasonally, and beach wheelchairs are available.
Right at the access SILVER SANDS OUTLETS
Minutes away GRAND BOULEVARD
The lots fill up fast on summer weekends — which is exactly when having a golf cart pays off.
Minutes away SANDESTIN RESORT & GOLF
Minutes away SCENIC HIGHWAY 30A
Short drive DESTIN
Short drive
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HOME SPECIFICATIONS
The Details
THE HOME
INTERIOR
MLS NUMBER
FLOORING
1007590
Wood-look vinyl plank
Y E A R B U I LT
FINISHES
2019
Raised ceilings · recessed lighting · plantation shutters
HEATED SQ. FT.
KITCHEN
2,512 · per appraiser
Quartz counters · island with breakfast bar · pantry
STORIES
APPLIANCES
2
Refrigerator with ice maker · smooth-top electric range · dishwasher · disposal · microwave · wine refrigerator
BEDROOMS / BATHS
4 / 4 full
LAUNDRY
Upstairs · washer & dryer
LOT
0.13 acre
PRIMARY SUITE
Walk-in closet · double vanity · walk-in shower
PARCEL ID
29-2S-21-42060-00A-0320 CONSTRUCTION & SYSTEMS SCHOOLS
Van R. Butler Elementary · Emerald Coast Middle · South Walton High
CONSTRUCTION
Block & concrete on slab EXTERIOR
Fiber cement siding · metal roof
EXTERIOR POOL
HVAC
Private · heated · gunite
Two or more central heat pump systems
OUTDOOR LIVING
WATER HEATER
Covered & open patio · front porch · fenced backyard
Electric
LANDSCAPE
UTILITIES
Sprinkler system with lawn pump
Public water & sewer · natural gas · electric
GARAGE
1-car attached · automatic opener FURNISHINGS
Sold furnished · minor exclusions
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VILLAS OF FRANGISTA HOA
Ownership Essentials HOA DUES
NEW BUYER FEE
ANNUAL TAXES
SHORT-TERM RENTALS
$450
$300
$9,224
Allowed
PER QUARTER
ONE-TIME
2025
PER MLS
Dues cover accounting, grounds keeping, the master association, recreational facilities, and security. COMMUNITY RULES · GOOD TO KNOW PARKING
TRASH
Driveway only. Street, lawn, and sidewalk parking can be towed without notice, so larger rental groups should plan around the garage and driveway.
Pickup Monday and Thursday. Bins go out after 5 p.m. the day before and back out of sight by midnight. BIKES & BEACH GEAR
VEHICLES & GOLF CARTS
Must be registered, operable, and street legal. Boats, trailers, RVs, and motorcycles have to be kept inside the garage.
Stored in the garage or a storage closet — nothing hung over railings or in view of the street. PETS
SHORT-TERM RENTALS
Homes must post a sign with the home’s name, the manager’s contact number, and “Driveway Parking Only,” and schedule trash pickup at checkout.
Allowed, with cleanup and control rules. COMMUNITY POOL
Open 8 a.m. to 10 p.m. with an access code and wristbands. No lifeguard; 24-hour surveillance.
QUIET HOURS
10 p.m. to 6 a.m. No fireworks anywhere in the community.
Sources: MLS #1007590 and the Villas of Frangista HOA Rules & Regulations, updated March 1, 2024. Dues, fees, taxes, and rules are subject to change; buyers should verify all details with the HOA and the county.
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RENTAL PERFORMANCE
The Actual Numbers These are actual gross rental figures from the current owners’ rental program — not projections.
2024
2025
2026
$61,418
$54,094
$55,605
FULL YEAR
FULL YEAR
YEAR TO DATE · SEPTEMBER
READING THE NUMBERS
WORTH NOTING
Every year shown includes owner-blocked dates and
Through early September, 2026 has already brought in
owner-guest reservations — nights the home wasn’t
more than all of 2025 — with fall and the holidays still
available to paying guests.
ahead.
So these figures reflect how the owners used the home, not the ceiling on what it can earn. The projection on the next page shows what an open calendar looks like.
Gross rental income as reported for the current owners’ rental program. Figures include owner-blocked dates and owner-guest stays, are not a guarantee of future income, and should be independently verified by the buyer.
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RENTAL PROJECTION
With an Open Calendar What the home is projected to earn when the calendar stays open to paying guests, with no owner blocks.
PROJECTED ANNUAL ACCOMMODATION REVENUE
$63,966 – $78,180 MODERATE
ESTIMATE
$71,074
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SLEEPS
12
MONTHLY PROJECTION · MODERATE
$17,635
$6,642
$18,135
$7,202
$6,274
$4,474 — JAN
$3,366
$4,712
$493 FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
$885
$1,256
NOV
DEC
CONSERVATIVE
PREPARED BY
$63,966
Callista by 360 Blue
MODERATE
MARKET DATA
$71,074
KeyData
AGGRESSIVE
DATE PREPARED
$78,180
July 7, 2026
June and July carry the year — together they account for
The gap between the actuals and the projection is mostly
half of the moderate projection — with a solid shoulder
the owners’ own use. A buyer who keeps the calendar
season in spring and October.
open works from the projection; one who plans to use the home should expect something closer to the actuals.
Projection prepared by Callista by 360 Blue using KeyData market data, July 7, 2026. Figures are accommodation revenue estimates based on market conditions at that time; they exclude owner usage, taxes, commissions, and fees, and are not a guarantee of future income. Properties typically require at least one season to reach projected potential. 61 SHELLEY’S WAY
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MIRAMAR BEACH
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S C H E D U L E
A
P R I VAT E
S H O W I N G
Anderson Group 30A Colby Anderson 8 5 0.6 8 7.1 78 8 c o l by @ a n d e r s o n g ro u p3 0 a .c o m a n d e r s o n g ro u p3 0 a .c o m
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Information deemed reliable but not guaranteed. Buyer to verify all details.