$950,000

187 Sandy Cay Drive, Miramar Beach, FL 32550

  • 3 beds |
  • 2 baths |
  • 1,586 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 2004
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $599/sqft
  • Property List Date Icon Listed 11 days ago

Property Description

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.

Listing Status:
Active
Date Added:
May 21, 2025 at 05:00AM
Listing Office:
EXP Realty LLC : 850-213-4091
Listing Agent:
Nikita Korkh : 850-502-7650
MLS ID:
976701
  • General: Breakfast BarCeiling VaultedLighting RecessedOwner's ClosetPantry
  • Appliances: DishwasherDisposalDryerMicrowaveRefrigeratorStove/Oven ElectricWasherWine RefrigeratorWater Heater - Elect
  • Flooring: Floor TileFloor Vinyl
  • A/C: Central Air
  • Heating: Central

This listing courtesy of Nikita Korkh, EXP Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

V

Van R. Butler Elementary School

6694 W County Highway 30A, Santa Rosa Beach, FL, 32459

Grades KG-5

8.05 miles away

E

Emerald Coast Middle School

4019 US Highway 98 E, Santa Rosa Beach, FL, 32459

Grades 6-8

16.76 miles away

S

South Walton High School

645 Greenway Trl, Santa Rosa Beach, FL, 32459

Grades 9-12

12.71 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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