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187 Sandy Cay Drive Miramar Beach, FL 32550
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Key Details
Sold Price $925,000
Property Type Single Family Home
Sub Type Beach House
Listing Status Sold
Purchase Type For Sale
Square Footage 1,586 sqft
Price per Sqft $583
Subdivision Paradise Retreat
MLS Listing ID 976701
Sold Date 07/31/25
Bedrooms 3
Full Baths 2
Construction Status Construction Complete
HOA Fees $113/ann
HOA Y/N Yes
Year Built 2004
Annual Tax Amount $6,193
Tax Year 2024
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Beach House
Property Description
Welcome to Rustic Retreat--a 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 home--it'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 feet--and 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.
Location
State FL
County Walton
Area 15 - Miramar/Sandestin Resort
Zoning County,Resid Single Family
Rooms
Guest Accommodations Beach,Deed Access,Gated Community,Short Term Rental - Allowed
Kitchen First
Interior
Interior Features Breakfast Bar, Ceiling Vaulted, Floor Tile, Floor Vinyl, Furnished - All, Lighting Recessed, Owner's Closet, Pantry, Renovated, Window Treatment All
Appliance Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer, Wine Refrigerator
Exterior
Exterior Feature BBQ Pit/Grill, Fenced Back Yard, Pool - Heated
Parking Features Garage
Garage Spaces 2.0
Pool Private
Community Features Beach, Deed Access, Gated Community, Short Term Rental - Allowed
Utilities Available Electric, Public Sewer, Public Water
Private Pool Yes
Building
Lot Description Within 1/2 Mile to Water
Story 1.0
Construction Status Construction Complete
Schools
Elementary Schools Van R Butler
Others
HOA Fee Include Accounting,Ground Keeping,Land Recreation
Assessment Amount $1,361
Energy Description AC - Central Elect,Heat Cntrl Electric,Water Heater - Elect
Financing Conventional
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Bought with RE/MAX Coastal Properties
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