187 Sandy Cay Drive new Save Request In-Person Tour Request Virtual Tour
Miramar Beach,FL 32550
Key Details
Property Type Single Family Home
Sub Type Beach House
Listing Status Active
Purchase Type For Sale
Square Footage 1,586 sqft
Price per Sqft $598
Subdivision Paradise Retreat
MLS Listing ID 976701
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