Discover this stunning Mediterranean-inspired home nestled in the gated community of Caribe, with rental projections coming in at over $60,000+! Whether you're seeking a full-time residence, vacation retreat, or an income-producing rental, this home offers the perfect blend of luxury and versatility. Located in the heart of Miramar Beach, Caribe boasts cobblestone tree-lined streets, private beach access, community pool, tennis courts, and 24-hour security—creating an idyllic and exclusive coastal lifestyle. Outside, you're welcomed by mature landscaping, a cozy front porch and a beautiful shaded, tree-covered courtyard which features a sitting area and an outdoor shower—perfect for entertaining or unwinding after a day at the beach! Inside, the home is rich with thoughtful details incl uding arched doorways, plantation shutters, high ceilings, and striking tilework. The living room is inviting with a fireplace and opens to the dining area and breakfast bar. The kitchen shines with unique tiled countertops and backsplash, stainless steel appliances, a built-in wine rack, and charming glass-paned cabinets. The first-floor bedroom offers wood-beamed ceilings, built-in shelving, a large closet, custom storage with a hidden Murphy bed, and direct access to the courtyard!. A full bathroom with a tub/shower combo is easily accessible from this bedroom as well as the main living area. Upstairs, you'll find two true primary suites and a cozy landing offers a flex space, ideal for a reading nook or office. The first suite is expansive, featuring multiple closets, an en suite bath with a jetted tub/shower combo, double vanities, and access to a private balcony! The second suite is equally impressive, offering ample room, excellent closet space, and its own private bath with a tub/shower combo. This is a rare opportunity to own a one-of-a-kind home in a breathtaking neighborhood, just minutes from top-tier dining, shopping, and the sparkling Gulf Coast!