Address
158 Sandy Cay Drive, Miramar Beach, FL
Price
$ 975,000
Property Attributes
  • MLS#1008912
  • TypeSingle Family
  • Listing Status Active
  • CountyWalton
  • CityMiramar Beach
  • AreaMiramar-Sandestin Resort
  • NeighborhoodPARADISE RETREAT
  • Zip32550
  • StyleRanch
  • Year Built2004
  • Taxes$ 2653
  • Price$ 975,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2029
  • Lot Size0.12 Acres
Data Source:
Emerald Coast MLS (ECAR)
Property 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.

Elementary School Middle School High School
Van R Butler Elementary School Bruner Middle School South Walton High School
Price History
7/31/2026 Listed $985,000
8/21/2026 1$975,000

General Features

Utilities Electric,Gas - Natural,Phone,TV Cable
Zoning City
Property Subtype Detached Single Family
Community Features Short Term Rental - Allowed,Deed Access,Gated Community,Pets Allowed,TV Cable
County Walton
Property Type Residential
Subdivision Name PARADISE RETREAT
Status Active
Buyer Financing Conventional,FHA,VA
Directions Heading west from Scenic Gulf Drive (old 98) turn right on Sandy Cay at the south entrance OR heading east from Highway 98 turn right on Sandy Cay at the north entrance.
High School South Walton
City Miramar Beach
MLS Area 15 - Miramar/Sandestin Resort
Lot Size Units Acres
Lot Size Square Feet 5227.2
Elementary School Van R Butler
Middle/Junior High School Bruner
MLS Area Minor 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort
Standard Status Active
Sewer Public Sewer
Tax Assessed Value 1260
Heating Central
Cooling Central Air
Garage Spaces 2
Patio/Porch Features Patio Open
Architectural Style Ranch
Construction Materials Brick
Year Built 2004
Stories Count 1
Tax Year 2025
New Construction false
Attached Garage true
Total Rooms 6
Carport Y/N false
Property Condition Renovated,Construction Complete
Energy Efficient Doors

Interior Features

Total Baths 2
Interior Amenities Ceiling Vaulted,Lighting Recessed,Owner's Closet,Split Bedroom
Flooring Floor Tile
Air Conditioning Y/N true
Heating Y/N true
Window Features Tinted Windows
Furnished Y/N Furnished - All

Exterior Features

Lot Features Level
Lot Size Area 0.12
Lot Dimensions 50X100
Lot Size Acres 0.12
Road Frontage Type City Street
Exterior Amenities Fenced Back Yard
Fencing Fenced Privacy
Building Area Total 2029
Total Parking 4

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32550

Price
AVG $1.84M
$980K
Taxes
AVG $10,047
$2,653
Year Built
AVG 2006
2004