158 Sandy Cay Drive
Miramar Beach, FL 32550
$975,000
Active
Description
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.
Listing details MLS# 1008912
Location, Tax and Legal
- Area
- 15 - Miramar/Sandestin Resort
- Sub area
- 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort
- Subdivision
- PARADISE RETREAT
- County
- Walton
- Parcel ID
- 30-2S-21-42790-00C-0040
- Tax year
- 2025
- Annual tax
- 2653.08
- 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
- Zoning
- City
General Property Info
- Property type
- Residential
- Year built
- 2004
- Acreage
- 0.12
- Lot size (sq ft)
- 5227.2
- Lot dimensions
- 50X100
- New construction
- No
- Condition
- Renovated, Construction Complete
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Full baths
- 2
- Half baths
- 0
- Building area
- 2029
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Floor Tile
- 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
- Total rooms
- 6
Exterior and Site
- Construction
- Brick
- Exterior features
- Fenced Back Yard
- Patio and porch
- Patio Open
- Garage spaces
- 2
- Fencing
- Fenced Privacy
- Road frontage
- City Street
Utilities
- Utilities
- Electric, Gas - Natural, Phone, TV Cable
- Sewer
- Public Sewer
Schools
- Elementary
- Van R Butler
- Middle school
- Bruner
- High school
- South Walton
Remarks and Misc
- Special conditions
- Accept Backup Offers
- 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.
