158 Sandy Cay Drive, Miramar Beach, FL 32550
$975,000
Property Type:
Residential
Bedrooms:
3
Baths:
2
Square Footage:
2,029
Lot Size (sq. ft.):
5,227
Status:
Active
Current Price:
$975,000
List Date:
7/31/2026
Last Modified:
8/21/2026
Description
Turnkey Gulf Coast Investment with Proven Income! Welcome to Emerald Escape, a beautifully updated home offering the perfect combination of investment potential and coastal living. Already boasting over $108,000 in 2026 bookings with nearly half the year still remaining, this successful short-term rental is ready to continue producing income from day one. Prefer to keep it for yourself? It also makes an incredible primary residence or vacation getaway!
Major updates include a new roof (2023), new front and back doors (2024), high-impact casement windows (2019), Rinnai tankless water heater (2018), HVAC (2018), brick paver driveway and front entrance (2016), and an expanded patio overlooking the fully fenced backyard.
Inside you'll find crown molding throughout, stacked stone accents, fresh paint, updated ceiling fans, a beautifully remodeled primary bath with a tiled shower and whirlpool tub, an updated guest bath, and a refreshed kitchen featuring stainless steel appliances and a tile backsplash.
Perfectly situated between Highway 98 and Scenic Gulf Drive, the community offers convenient access from both the north and south, placing you just minutes from the Emerald Coast's sugar-white beaches, shopping, dining, and entertainment.
Whether you're searching for a high-performing vacation rental or your own slice of paradise, Paradise Retreat truly checks every box!
GOLF CART IS A RENTAL AND NOT INCLUDED.
More Information MLS# 1008912
General Property Info
userdefined76: 4
Sub-Type: Detached Single Family
Design: Ranch
SqFt Source: County PA Records
Garage: Yes
Carport: No
Driveway Spaces: 2
Pool: No
Pool Type: None
Apx SqFt(Htd/Cooled): 2029
Bedrooms: 3
Full Baths: 2
Total Bathrooms: 2
# Stories: 1
Year Built: 2004
Garage Spaces: 2
Acreage: 0.12
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 480.53
List Date: 2026-07-31
Current Price: $975,000
List Price: $975,000
Location, Tax and Legal
Sub Area: 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort
Elementary School: Van R Butler
Middle School: Bruner
High School: South Walton
Legal Description: Lot 4 Blk C Paradise Retreat Pb 15-72 Or 2647-2130 Or 2851- 142 Or 2857-2788 Or 2864-1517 Or 2967-2376 Or 3351-3834
Listing Info, Tax & Legal
Homestead: No
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 1260
Annual Assessment Amount: 1260
Assessment Paid: Annually
New Buyer Fee: Yes
New Buyer Fee Amt: 150
New Buyer Fee Paid: $
Last Taxes: 2653.08
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: Turnkey Gulf Coast Investment with Proven Income! Welcome to Emerald Escape, a beautifully updated home offering the perfect combination of investment potential and coastal living. Already boasting over $108,000 in 2026 bookings with nearly half the year still remaining, this successful short-term rental is ready to continue producing income from day one. Prefer to keep it for yourself? It also makes an incredible primary residence or vacation getaway!
Major updates include a new roof (2023), new front and back doors (2024), high-impact casement windows (2019), Rinnai tankless water heater (2018), HVAC (2018), brick paver driveway and front entrance (2016), and an expanded patio overlooking the fully fenced backyard.
Inside you'll find crown molding throughout, stacked stone accents, fresh paint, updated ceiling fans, a beautifully remodeled primary bath with a tiled shower and whirlpool tub, an updated guest bath, and a refreshed kitchen featuring stainless steel appliances and a tile backsplash.
Perfectly situated between Highway 98 and Scenic Gulf Drive, the community offers convenient access from both the north and south, placing you just minutes from the Emerald Coast's sugar-white beaches, shopping, dining, and entertainment.
Whether you're searching for a high-performing vacation rental or your own slice of paradise, Paradise Retreat truly checks every box!
GOLF CART IS A RENTAL AND NOT INCLUDED.
Sale Type
Accept Backup Offers: 1
Construction Status
Construction Complete: 1
Parking Features
Garage Attached: 1
Lot/Parcel Access
City Road: 1
Lot Features
Level: 1
Project Facilities
Deed Access: 1
Gated Community: 1
Pets Allowed: 1
Short Term Rental - Allowed: 1
TV Cable: 1
Construction/Siding
Brick: 1
Utilities
Electric: 1
Gas - Natural: 1
Phone: 1
Public Sewer: 1
TV Cable: 1
Zoning
City: 1
Exterior
Fenced Back Yard: 1
Fenced Privacy: 1
Patio Open: 1
Renovated: 1
Interior
Ceiling Vaulted: 1
Floor Tile: 1
Furnished - All: 1
Lighting Recessed: 1
Owner's Closet: 1
Renovated: 1
Split Bedroom: 1
Financing
Conventional: 1
FHA: 1
VA: 1
Appliances
Auto Garage Door Opn: 1
Cooktop: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Refrigerator: 1
Refrigerator W/IceMk: 1
Smoke Detector: 1
Smooth Stovetop Rnge: 1
Stove/Oven Electric: 1
Washer: 1
Energy
AC - Central Elect: 1
Heat Cntrl Electric: 1
Insulated Doors: 1
Tinted Windows: 1
Water Heater - Gas: 1
Mstr Bdrm/Mstr Bath
MBath Double Vanity: 1
MBath Garden Tub: 1
MBath Separate Shwr: 1
MBath Whirlpool: 1
MBed Balcony: 1
MBed First Floor: 1
MBed Walk-in Closet: 1
Master Bedroom
First: 1
Bedroom
First: 1
Kitchen
First: 1
Rooms
Bedroom: 1
Dining Room: 1
Family Room: 1
Kitchen: 1
Master Bedroom: 1
Status Change Info
Status: Active
Location Tax and Legal
Area: 15 - Miramar/Sandestin Resort
Street #: 158
Street Name: Sandy Cay
Street Suffix: Drive
State: FL
Zip Code: 32550
County: Walton
Project Name/Subdivision: PARADISE RETREAT
Parcel ID: 30-2S-21-42790-00C-0040
Property Features
Sale Type: Accept Backup Offers
Construction Status: Construction Complete
Lot Features: Level
Parking Features: Garage Attached
Project Facilities: Deed Access; Gated Community; Pets Allowed; Short Term Rental - Allowed; TV Cable
Exterior: Fenced Back Yard; Fenced Privacy; Patio Open; Renovated
Interior: Ceiling Vaulted; Floor Tile; Furnished - All; Lighting Recessed; Owner's Closet; Renovated; Split Bedroom
Appliances: Auto Garage Door Opn; Cooktop; Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Refrigerator W/IceMk; Smoke Detector; Smooth Stovetop Rnge; Stove/Oven Electric; Washer
Utilities: Electric; Gas - Natural; Phone; Public Sewer; TV Cable
Energy: AC - Central Elect; Heat Cntrl Electric; Insulated Doors; Tinted Windows; Water Heater - Gas
Master Bedroom: First
Bedroom: First
Kitchen: First
Rooms: Bedroom; Dining Room; Family Room; Kitchen; Master Bedroom
Financing: Conventional; FHA; VA
Room Information
Family Room
Level: First
Dimensions: 19 x 11
Length: 19.00
Width: 11.00
Dimensions: 19 x 11
Dining Room
Level: First
Dimensions: 16 x 12
Length: 16.00
Width: 12.00
Dimensions: 16 x 12
Master Bedroom
Level: First
Dimensions: 17 x 13
Length: 17.00
Width: 13.00
Dimensions: 17 x 13
Bedroom
Level: First
Dimensions: 12 x 11
Length: 12.00
Width: 11.00
Dimensions: 12 x 11
Bedroom
Level: First
Dimensions: 12 x 11
Length: 12.00
Width: 11.00
Dimensions: 12 x 11
Kitchen
Level: First
Dimensions: 19 x 12
Length: 19.00
Width: 12.00
Dimensions: 19 x 12
Listing Office:
Keller Williams Realty Destin
Listing Agent:
Crystal D Ragan-Kotulak
Last Updated: August - 21 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
