Property Details

Listing # 976701 Details

$950,000
187 Sandy Cay Drive
Miramar Beach, FL 32550

Property Inquiry

Contact Nikita Korkh about this property!

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1,586 Sq Ft.
Built 2004
3 Bed
2 Bath

Property Details

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. 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.

COUNTY Walton
SUBDIVISION PARADISE RETREAT
PARCEL ID 30-2S-21-42790-00B-0060
TYPE Detached Single Family
STYLE Beach House
ACREAGE 0
LOT ACCESS County Road,Paved Road
LOT SIZE 50 x 129
HOA INCLUDE Accounting,Ground Keeping,Land Recreation
HOA FEE 1361.00 (Annually)
UTILITIES Electric,Public Sewer,Public Water
PROJECT FACILITIES Beach,Deed Access,Gated Community,Short Term Rental - Allowed
ZONING County,Resid Single Family
PARKING FEATURES Garage
APPLIANCES Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Stove/Oven Electric,Washer,Wine Refrigerator
ENERGY AC - Central Elect,Heat Cntrl Electric,Water Heater - Elect
INTERIOR Breakfast Bar,Ceiling Vaulted,Floor Tile,Floor Vinyl,Furnished - All,Lighting Recessed,Owner's Closet,Pantry,Renovated,Window Treatment All
EXTERIOR BBQ Pit/Grill,Fenced Back Yard,Pool - Heated
ROOM DIMENSIONS Living Room : 22 x 14
Master Bedroom : 17 x 13
Kitchen : 11 x 10
Garage : 20 x 20
Bedroom : 12 x 11

Schools

Elementry, Van R Butler
Middle, Emerald Coast
High, South Walton

Location & Map

Heading East on Hwy 98, turn south onto Sandy Cay Drive. Enter through gate and follow curve on Sandy Cay to the left, home will be on your left.