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$945,000

  • Sold
  • Closed
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 2,047 Sq. Ft.
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'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.

Full Property Details for 145 Marigot Bay Cir

General

  • Sold For: $945,000
  • Taxes: $6,162 (2024)
  • Status: Closed
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 983205
  • Added to Site: 155 day(s) ago

Interior

  • Rooms/Areas: Bedroom, Dining Room, Great Room, Master Bedroom
  • Interior Features: Breakfast Bar, Ceiling Vaulted, Floor Tile, Furnished - None, Split Bedroom, Washer/Dryer Hookup
  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Great Room: Great Room
  • Dining Room: Dining Room

Additional Information

  • Shared Amenities: Beach, Deed Access, Gated Community, Pets Allowed, Short Term Rental - Allowed, TV Cable
  • Pool: Yes

Exterior

  • Exterior Features: Lawn Pump, Patio Covered, Sprinkler System

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking: Garage, Garage Attached

Location

  • Area: 15 - Miramar/Sandestin Resort
  • County: Walton
  • Subdivision: Paradise Retreat
  • Driving Directions: 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.

School Information

  • Elementary School: Van R Butler
  • Middle School: Emerald Coast
  • High School: South Walton

Heating & Cooling

  • Heating/Cooling: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Gas

Utilities

  • Utility Description: Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable

Structural Information

  • Architectural Style: Ranch
  • Construction: Brick, Roof Composite Shngl, Slab, Trim Vinyl
  • Stories/Levels: 1
  • Square Feet: 2,047
  • Sq. Ft. Source: County PA Records
  • Year Built: 2004

Lot Features

  • Lot Size (Acres): 0.17
  • Lot Dimensions: appro x 50 x 109
  • Street/Road Desc.: Controlled Access, Paved Road, Private Road
  • Lot Features: Covenants, Interior, Restrictions, Sidewalk, Within 1/2 Mile to Water
  • Zoning: Resid Single Family

Financial Considerations

  • Assessment Amount: $1,361
  • Assmt Payment Freq: Annually
  • Tax Amount: $6,162
  • Tax Year: 2024
  • Terms: Conventional

Disclosures and Reports

  • Legal Description: LOT 3 BLK D PARADISE RETREAT PB 15-72 OR 2640-2506 OR 2661-1696 OR 3235-2030
  • Assessment: Yes
  • APN: 30-2S-21-42790-00D-0030

Meet the selling agent

Meet the selling agent
— 145 Marigot Bay Cir —

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 145 Marigot Bay Cir

School District:Walton County School District
NameGradesDistance
Van R. Butler Elementary School
6694 West County Highway 30A, Santa Rosa Beach, FL 32459
K-58.1 mi
Emerald Coast Middle School
4019 US Highway 98 East, Santa Rosa Beach, FL 32459
6-816.8 mi
South Walton High School
645 Greenway Trail, Santa Rosa Beach, FL 32459
9-1212.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 145 Marigot Bay Cir

Date
Details
Price
Change
Source
9/19/2025
Sold
$945,000
-0.53%
MLS
8/15/2025
Listed
$950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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145 Marigot Bay Circle, Miramar Beach, FL 32550 (MLS# 983205) is a Single Family property that was sold at $945,000 on September 19, 2025. This property was sold by Donna Gonzalez from our Destin / 30A Office.Want to learn more about 145 Marigot Bay Circle? Do you have questions about finding other Single Family real estate for sale in Miramar Beach? You can browse all Miramar Beach real estate or contact a Coldwell Banker agent to request more information.