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$925,000

  • Sold
  • Closed
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,586 Sq. Ft.
See This Home
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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.

Full Property Details for 187 Sandy Cay Dr

General

  • Sold For: $925,000
  • Taxes: $6,193 (2024)
  • Status: Closed
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 976701
  • Added to Site: 240 day(s) ago

Interior

  • Rooms/Areas: Bedroom, Garage, Kitchen, Living Room, Master Bedroom
  • Interior Features: Breakfast Bar, Ceiling Vaulted, Floor Tile, Floor Vinyl, Furnished - All, Lighting Recessed, Owner's Closet, Pantry, Renovated, Window Treatment All
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer, Wine Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Living Room: Living Room
  • Kitchen: Kitchen

Additional Information

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

Exterior

  • Exterior Features: BBQ Pit/Grill, Fenced Back Yard, Pool - Heated

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking: Garage

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, Heat Cntrl Electric, Water Heater - Elect

Utilities

  • Utility Description: Electric, Public Sewer, Public Water

Structural Information

  • Architectural Style: Beach House
  • Stories/Levels: 1
  • Square Feet: 1,586
  • Sq. Ft. Source: County PA Records
  • Year Built: 2004

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Dimensions: 50 x 129
  • Street/Road Desc.: County Road, Paved Road
  • Lot Features: Within 1/2 Mile to Water
  • Zoning: County, Resid Single Family

Financial Considerations

  • Assessment Amount: $1,361
  • Assmt Payment Freq: Annually
  • Tax Amount: $6,193
  • Tax Year: 2024
  • Terms: Conventional

Disclosures and Reports

  • 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
  • Assessment: Yes
  • APN: 30-2S-21-42790-00B-0060

Listed by EXP Realty LLC
Sold by RE/MAX Coastal Properties

Listing agents

— 187 Sandy Cay Dr —

  • EXP Realty LLC

  • EXP Realty LLC

Get Pre-Approved Today

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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 187 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
6-816.8 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 187 Sandy Cay Dr

Date
Details
Price
Change
Source
7/31/2025
Sold
$925,000
-2.63%
MLS
5/21/2025
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.

Listed by EXP Realty LLC
Sold by RE/MAX Coastal Properties

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187 Sandy Cay Drive, Miramar Beach, FL 32550 (MLS# 976701) is a Single Family property that was sold at $925,000 on July 31, 2025. Want to learn more about 187 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.