187 Sandy Cay Dr, Miramar Beach, FL 32550
- $925,000
- 3
- BD
- 2
- BA
- 1,586
- SqFt
- Sold Price
- $925,000
- List Price
- $950,000
- Closing Date
- Jul 31, 2025
- Days on Market
- 71
- MLS#
- 976701
- Status
- CLOSED
- Type
- Single Family Residential
- Subtype
- Detached Single Family
- Bedrooms
- 3
- Bathrooms
- 2
- Full Bathrooms
- 2
- Living Area
- 1,586
- Lot Size
- 6,534
- Neighborhood
- Miramar Beach S. of 98 w/exception of Sandestin Resort
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. 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.
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Additional Information
- Acres
- 0.15
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
- Style
- Beach House
- Elementary School
- Van R Butler
- Exterior Features
- Outdoor Grill, Private Yard
- High School
- South Walton
- Interior Features
- Breakfast Area, Vaulted/Cathedral Ceilings, Recessed Lighting, Lock Out, Pantry
- Legal Description
- LOT 6 BLK B PARADISE RETREAT PB 15-72 OR 2644-1217 OR 2646-3395 OR 2871-415 OR 3104-3094 OR 3217-212
- Middle School
- Emerald Coast
- Neighborhood
- Miramar Beach S. of 98 w/exception of Sandestin Resort
- Parking Features
- Garage
- Community Features
- Beach Access, Deed Access, Gated, Short Term Rental Allowed
- Stories
- 1
- Subdivision
- Paradise Retreat
- Year Built
- 2004
- Zoning
- County, Resid Single Family
Mortgage Calculator
Listing courtesy of EXP Realty LLC. Selling Office: .
Vendor Member Number : 28166