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$949,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1,848 Sq. Ft.
  • Updated 14 hours ago
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Fully furnished, fully renovated, & rental-ready, this stunning 4-bedroom + bunk room, 3-bath home with a private pool is in the highly sought-after beachside community of Paradise Retreat. Paradise Retreat features both north and south gate entrances and 320 feet of private deeded beach access. One of the community's most desirable split-bedroom floor plans, this home is ideal as a primary residence, second home, long-term rental, or high-performing vacation rental with projected annual gross rental income of approximately $85,000. Inside, the spacious layout with tile plank flooring throughout, includes a large kitchen, breakfast nook, dining area and an open great room that flows to the covered patio and pool area. The primary suite overlooks the backyard and features a private ensuite bath. On the opposite side of the home, you'll find three guest bedrooms, a bunk room, and two additional full baths, plenty of space for family and guests. The outdoor living area is designed for relaxation and entertaining, complete w/ paver stones, polywood lounge chairs, tables, fully fenced and an additional separately fenced side yard perfect for pets or game area. The home also backs up to a wooded preserve for added privacy and is one of only 16 homes in the circle with an oversized backyard. Brand-new driveway pavers, brand new extended backyard pavers, brand-new HVAC system being installed June 11th, and a brand-new roof to be installed prior to closing.

Full Property Details for 87 Marigot Bay Cir

General

  • Price: $949,000
  • Taxes: $5,385 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 1003798
  • Updated: 5/23/2026
  • Added to Site: 2 day(s) ago

Rental Information

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

Interior

  • Number of Rooms: 15
  • Interior Features: Breakfast Bar, Ceiling Vaulted, Lighting Recessed, Pantry, Split Bedroom, Washer/Dryer Hookup, Woodwork Painted
  • Appliances: Auto Garage Door Opn, Dishwasher, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Gas
  • Furnishings: Furnished - All
  • Flooring: Floor Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Pool: Yes
  • Pool Description: Pool - In-Ground, Pool Type

Exterior

  • Exterior Features: Fenced Back Yard, Lawn Pump, Sprinkler System
  • Porch/Patio/Deck: Patio Covered

Parking

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

Location

  • Area: 15 - Miramar/Sandestin Resort
  • County: Walton
  • Subdivision: PARADISE RETREAT
  • Driving Directions: From Scenic Gulf Drive, turn North onto Sandy Cay Dr. After passing through the Gate, veer right & follow Sandy Cay around to Marigot Bay Circle. Turn onto Marigot Bay Cir & follow around until 87 Marigot Bay Circle. From Hwy 98, turn South onto Sandy Cay Dr. After passing through the Gate, veer left & follow Sandy Cay to Marigot Bay Circle. Turn onto Marigot Bay Cir until 87 Marigot Bay Circle.

School Information

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

Community

  • Association: Yes
  • Assoc. Fees Include: Accounting, Land Recreation, Management, Master Association

Heating & Cooling

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

Utilities

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

Structural Information

  • Architectural Style: Traditional
  • Construction: Brick
  • Exterior Const.: Brick
  • Stories/Levels: 1
  • Square Feet: 1,848
  • Sq. Ft. Source: County PA Records
  • Year Built: 2004

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Size (Sq. Ft.): 6,969.6
  • Lot Dimensions: 113.80 x 43.02 x 114.50 x 85.43
  • Frontage: Private Road
  • Street/Road Desc.: Paved
  • Lot Features: Covenants, Restrictions, Sidewalk, Survey Available, Within 1/2 Mile to Water
  • Zoning: Resid Single Family
  • Fencing (Description): Fenced Privacy

Financial Considerations

  • Assessment Amount: $1,360
  • Tax Amount: $5,385.06
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: Lot 11 Blk D Paradise Retreat Pb 15-72 Or 2638-564 Or 2650-356 Or 3086-2435 Or 3157-3477
  • APN: 30-2S-21-42790-00D-0110
  • Property ID: 30-2S-21-42790-00D-0110

Listed by Douglas Elliman

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Listing agents

— 87 Marigot Bay Cir —

  • Douglas Elliman

  • Douglas Elliman

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 87 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
6-816.9 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 87 Marigot Bay Cir Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/22/2026
Listed
$949,000
96.68%
MLS
8/28/2020
Sold
$482,500
—
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 87 Marigot Bay Cir

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,224
—
$642,507
-1%
2024
$5,224
1%
$648,621
-6%
2023
$5,154
41%
$690,992
82%
2021
$3,666
-23%
$378,697
-39%
2022
$4,766
30%
$623,172
109%
2021
$3,666
24%
$298,373
—
2019
$2,956
1%
$297,656
2%
2018
$2,916
10%
$292,440
9%
2017
$2,653
1%
$267,718
2%
2016
$2,617
1%
$261,513
2%
2015
$2,584
4%
$256,501
1%
2014
$2,496
12%
$253,808
16%
2013
$2,223
—
$219,541
—
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 Douglas Elliman

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87 Marigot Bay Circle, Miramar Beach, FL 32550 (MLS# 1003798) is a Single Family property with 4 bedrooms and 3 full bathrooms. 87 Marigot Bay Circle is currently listed for $949,000 and was received on May 22, 2026. Want to learn more about 87 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.

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