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$985,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 2,029 Sq. Ft.
  • Updated 15 hours ago
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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.

Full Property Details for 158 Sandy Cay Dr

General

  • Price: $985,000
  • Taxes: $2,653 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 1008912
  • Updated: 7/31/2026
  • Added to Site: 1 day(s) ago

Rental Information

  • Complex Features: Short Term Rental - Allowed, Deed Access, Gated Community, Pets Allowed, TV Cable

Interior

  • Number of Rooms: 6
  • Interior Features: Ceiling Vaulted, Lighting Recessed, Owner's Closet, Split Bedroom
  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Gas
  • Furnishings: Furnished - All
  • Flooring: Floor Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Exterior

  • Exterior Features: Fenced Back Yard
  • Porch/Patio/Deck: Patio Open

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2

Location

  • Area: 15 - Miramar/Sandestin Resort
  • County: Walton
  • Subdivision: PARADISE RETREAT
  • Driving 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.

School Information

  • Elementary School: Van R Butler
  • Middle School: Bruner
  • High School: South Walton

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central
  • Heating/Cooling: Central, Central Air

Utilities

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

Structural Information

  • Architectural Style: Ranch
  • Construction: Brick
  • Exterior Const.: Brick
  • Stories/Levels: 1
  • Square Feet: 2,029
  • Sq. Ft. Source: County PA Records
  • Year Built: 2004

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 5,227.2
  • Lot Dimensions: 50 x 100
  • Frontage: City Street
  • Lot Features: Level
  • Zoning: City
  • Fencing (Description): Fenced Privacy

Green Features

  • Energy Efficient: Doors

Financial Considerations

  • Assessment Amount: $1,260
  • Tax Amount: $2,653.08
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Accept Backup Offers
  • Legal Description: Lot 4 Blk C Paradise Retreat Pb 15-72 Or 2647-2130 Or 2851- 142 Or 2857-2788 Or 2864-1517 Or 2967-2376 Or 3351-3834
  • APN: 30-2S-21-42790-00C-0040
  • Property ID: 30-2S-21-42790-00C-0040

Listed by Keller Williams Realty Destin

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— 158 Sandy Cay Dr —

  • Keller Williams Realty Destin

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 158 Sandy Cay Dr

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
6-816.9 mi
South Walton High School
645 Greenway Trail, Santa Rosa Beach, FL 32459
9-1212.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 158 Sandy Cay Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/31/2026
Listed
$985,000
21.6%
MLS
3/03/2025
Sold
$810,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 158 Sandy Cay Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,600
—
$665,686
-1%
2024
$2,600
4%
$672,178
-7%
2023
$2,500
—
$722,352
85%
2021
$2,496
1%
$390,818
-40%
2022
$2,466
-1%
$650,068
112%
2021
$2,496
2%
$307,285
8%
2019
$2,444
2%
$283,417
2%
2018
$2,401
3%
$278,132
2%
2017
$2,332
1%
$272,411
2%
2016
$2,299
-14%
$266,808
2%
2015
$2,659
5%
$261,599
1%
2014
$2,528
13%
$258,906
16%
2013
$2,242
—
$222,308
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Keller Williams Realty Destin

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158 Sandy Cay Drive, Miramar Beach, FL 32550 (MLS# 1008912) is a Single Family property with 3 bedrooms and 2 full bathrooms. 158 Sandy Cay Drive is currently listed for $985,000 and was received on July 31, 2026. Want to learn more about 158 Sandy Cay Drive? 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.

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