145 Marigot Bay Cir, Miramar Beach, FL 32550
- $945,000
- 4
- BD
- 2
- BA
- 2,047
- SqFt
- Sold Price
- $945,000
- List Price
- $950,000
- Closing Date
- Sep 19, 2025
- Days on Market
- 35
- MLS#
- 983205
- Status
- CLOSED
- Type
- Single Family Residential
- Subtype
- Detached Single Family
- Bedrooms
- 4
- Bathrooms
- 2
- Full Bathrooms
- 2
- Living Area
- 2,047
- Lot Size
- 7,405
- Neighborhood
- Miramar Beach S. of 98 w/exception of Sandestin Resort
Property Description
'Manta Ray Getaway' is a proven performer—over $100,000 in rental income in past years—and positioned to earn even more with strategic upgrades. Located in Paradise Retreat, a gated community with exclusive 320-foot deeded Gulf access, this property offers what investors look for most: high demand, low competition, and clear growth potential. The Numbers Tell The Story: Sleeps 10 comfortably with 4 beds, 2 baths, and 2,047 sq. ft. — the largest floor plan in the neighborhood. Fully furnished and turnkey with new LVP flooring, upgraded kitchen appliances, and quartz countertops. Private heated L-shaped pool, BBQ station, tanning deck, and space for easy-to-add, high-ROI amenities like a hot tub, putting green, or cornhole court. Upside Built In Already: Two large living areas, one converted into a game roomarcade games and foosball that keep occupancy high and reviews strong. Recent major updates: new roof & pool pump motor (2021), new fence (2020), water heater (2019). No flood insurance required and low HOA fees increase net returns. The Bottom Line: With its proven track record, income-boosting potential, and premium beach access, "Manta Ray Getaway" offers both immediate cash flow and long-term appreciation. It's also an outstanding option as a second home or even a full-time residencegiving you the flexibility to enjoy the property yourself while it works for you.
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Additional Information
- Acres
- 0.17
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, LP Gas Water Heater
- Style
- Ranch
- Elementary School
- Van R Butler
- Exterior Features
- Irrigation Pump, Sprinkler System
- High School
- South Walton
- Interior Features
- Breakfast Area, Vaulted/Cathedral Ceilings, Split Bedroom, Washer Hookup
- Legal Description
- LOT 3 BLK D PARADISE RETREAT PB 15-72 OR 2640-2506 OR 2661-1696 OR 3235-2030
- Lot Features
- Covenants, Irregular Lot, Covenants, Sidewalks
- Middle School
- Emerald Coast
- Neighborhood
- Miramar Beach S. of 98 w/exception of Sandestin Resort
- Parking Features
- Garage Door Opener, Garage
- Community Features
- Beach Access, Deed Access, Gated, Cable TV, Short Term Rental Allowed
- Stories
- 1
- Subdivision
- Paradise Retreat
- Year Built
- 2004
- Zoning
- Resid Single Family
Mortgage Calculator
Listing courtesy of Keller Williams Realty Destin. Selling Office: .
Vendor Member Number : 28166