Skip To Content

187 Sandy Cay Drive

Miramar Beach, FL 32550
  • $950,000
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 976701
UPDATED: 40 min ago
$950,000
  • 3
    BEDS
  • 0.15
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,586
    SQFT
  • $599
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2004
County:

School Information

Elementary School:
Middle School:
High School:

Description

Welcome to Rustic Retreata proven rental powerhouse with serious income potential and charm to spare. With $126,074 in rental income for 2023 and $101,200 for 2024, plus 100 glowing five-star reviews, this fully furnished coastal gem isn't just a vacation homeit's a high-performing investment in one of the most desirable spots along the Emerald Coast. Tucked inside the gated Paradise Retreat community, this 3-bedroom, 2-bath beach home maximizes space and style across 1,586 square feetand comfortably sleeps up to 14 guests thanks to a smart bunk room conversion. Inside, the open floor plan flows effortlessly from a remodeled kitchen to a cozy living space ideal for relaxing or entertaining. Enjoy the upgraded breakfast bar, dry bar, and a thoughtfully designed interior that blends comfort and functionality. The oversized primary suite is a standout with upgraded tile, stone finishes, and a walk-through bunk area that adds both versatility and extra sleeping capacity. Step outside to your own private oasiscomplete with a heated saltwater pool featuring a lounging shelf and splash pad, surrounded by swaying hammocks and lush landscaping. Fire up the grill in the outdoor kitchen, or unwind with a drink in hand while the kids splash and play. There's also a garage and ample parking, making guest stays easy and convenient. Best of all? You're less than half a mile from the beach with 320 feet of private, deeded accessplus top-rated restaurants, shopping, and entertainment just minutes away. Whether you're looking for a second home, short-term rental investment, or both, 187 Sandy Cay Dr checks all the boxes.

Monthly Payment Calculator



© 2025 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Premier Property Group. Vendor Member number: 28178. Data last updated: 2025-06-22T17:00:37.403.
Vendor Member #28178.
www.premierbeachretreats.com/homes/164044497
Print Image

187 Sandy Cay Drive Miramar Beach, FL 32550

  • Price: $950,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 40 min ago
  • MLS #: 976701
3
Beds
2
Baths
0
½ Baths
0.15
Acres
1,586
SQFT
$599
$/SQFT
2004
Built
Neighborhood:
Paradise Retreat
County:
Walton
Area:
Miramar/Sandestin Resort
Elementary School:
Van R Butler
Middle School:
Emerald Coast
High School:
South Walton
Property Description
Welcome to Rustic Retreata proven rental powerhouse with serious income potential and charm to spare. With $126,074 in rental income for 2023 and $101,200 for 2024, plus 100 glowing five-star reviews, this fully furnished coastal gem isn't just a vacation homeit's a high-performing investment in one of the most desirable spots along the Emerald Coast. Tucked inside the gated Paradise Retreat community, this 3-bedroom, 2-bath beach home maximizes space and style across 1,586 square feetand comfortably sleeps up to 14 guests thanks to a smart bunk room conversion. Inside, the open floor plan flows effortlessly from a remodeled kitchen to a cozy living space ideal for relaxing or entertaining. Enjoy the upgraded breakfast bar, dry bar, and a thoughtfully designed interior that blends comfort and functionality. The oversized primary suite is a standout with upgraded tile, stone finishes, and a walk-through bunk area that adds both versatility and extra sleeping capacity. Step outside to your own private oasiscomplete with a heated saltwater pool featuring a lounging shelf and splash pad, surrounded by swaying hammocks and lush landscaping. Fire up the grill in the outdoor kitchen, or unwind with a drink in hand while the kids splash and play. There's also a garage and ample parking, making guest stays easy and convenient. Best of all? You're less than half a mile from the beach with 320 feet of private, deeded accessplus top-rated restaurants, shopping, and entertainment just minutes away. Whether you're looking for a second home, short-term rental investment, or both, 187 Sandy Cay Dr checks all the boxes.
Exterior Features

Architectural Style Beach House Attached Garage YN No Carport YN No Construction Materials [] Exterior Features BBQ Pit/GrillFenced Back Yard Lot Features Within 1/2 Mile to Water Lot Size Dimensions 50 x 129 Parking Features Garage Pool YN Yes Road Frontage Type County Road Road Surface Type Paved View [] Waterfront Features []

Interior Features

Appliances DishwasherDisposalDryerMicrowaveRefrigeratorStove/Oven ElectricWasherWine RefrigeratorWater Heater - Elect Cooling Central Air Cooling YN Yes First Floor Bedroom Yes Heating Central Heating YN Yes Interior Features Breakfast BarCeiling VaultedLighting RecessedOwner's ClosetPantry Primary Bedroom First Floor Yes Rooms Total 5

Property Features

Association Fee Frequency Annually Association Fee Includes AccountingGround KeepingLand Recreation Association Fee2 1361 Association YN Yes Buyer Financing Conventional Community Features BeachDeed AccessGated Community Green Energy Efficient [] New Construction YN No Pool Type Private Property Condition RenovatedConstruction Complete Property Sub Type Detached Single Family Short Term Rental Allowed Yes Special Listing Conditions [] Tax Amount 6193.61 Tax Year 2024 Utilities ElectricPublic Water Zoning CountyResid Single Family

Listing courtesy of EXP Realty LLC: 850-687-1064.


© 2025 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Premier Property Group. Vendor Member number: 28178. Data last updated: 2025-06-22T17:00:37.403.
Vendor Member #28178.
 
https://bt-photos.global.ssl.fastly.net/emerald/1280_boomver_2_976701-2.jpg https://bt-photos.global.ssl.fastly.net/emerald/1280_boomver_2_976701-2.jpg https://bt-photos.global.ssl.fastly.net/emerald/1280_boomver_2_976701-2.jpg
Logo
The Premier Property Group
10343 E Co Hwy 30A, Suite 105
Seacrest Beach FL, 32461