237 Sandy Cay Drive, Miramar Beach, FL 32550

$1,199,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,049 Lot Size (sq. ft.): 5,663 Status: Pending
Current Price: $1,199,000 List Date: 1/05/2026 Last Modified: 4/13/2026

Description

With rental projections coming in at 145K step into 237 Sandy Cay, a 3-bedroom, 3 bath coastal retreat in a gated community with low HOA fees and 320 feet of private deeded beach access. Located just a short drive from the best restaurants along iconic Scenic 98 and premier shopping, this home blends convenience, luxury, and investment potential. Immaculately maintained, the home received $450,000 in upgrades in 2022 and 2023, including a heated and air-conditioned pool with built in spa, screened pavilion with a 25-foot retractable electric screen, custom closets, built-in bunk beds, and hurricane-rated windows and doors.

Supplements: The gourmet kitchen boasts a 6-burner gas cooktop with grill, double oven, beer and wine fridge, separate ice maker, built-in dishwasher, and microwave, with granite countertops throughout. Currently a residential home, this property offers tremendous rental potential. Renderings are INCLUDED IN LISTING to showcase reimagined spaces for maximum comfort and income. With every detail thoughtfully upgraded, 237 Sandy Cay is a LUXURY retreat and smart coastal investment  a must-see!

More Information MLS# 992150

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 585.16 List Date: 2026-01-05 Current Price: $1,199,000 List Price: $1,199,000

Location, Tax and Legal

Sub Area: 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort Elementary School: Van R Butler Middle School: Emerald Coast High School: South Walton Legal Description: LOT 12 BLK B PARADISE RETREAT PB 15-72 OR 2645-4075 OR 3216-2543

General Property Info

Sub-Type: Detached Single Family Design: Traditional SqFt Source: County PA Records Garage: Yes Carport: No Driveway Spaces: 6 Pool: Yes Pool Type: Private Apx SqFt(Htd/Cooled): 2049 Bedrooms: 3 Full Baths: 3 Total Bathrooms: 3 # Stories: 1 Year Built: 2004 Garage Spaces: 2 Acreage: 0.13

Listing Info, Tax & Legal

Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 113 Annual Assessment Amount: 1356 Assessment Paid: Monthly New Buyer Fee: Yes New Buyer Fee Amt: 250 New Buyer Fee Paid: $ Last Taxes: 7070.75 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: With rental projections coming in at 145K step into 237 Sandy Cay, a 3-bedroom, 3 bath coastal retreat in a gated community with low HOA fees and 320 feet of private deeded beach access. Located just a short drive from the best restaurants along iconic Scenic 98 and premier shopping, this home blends convenience, luxury, and investment potential. Immaculately maintained, the home received $450,000 in upgrades in 2022 and 2023, including a heated and air-conditioned pool with built in spa, screened pavilion with a 25-foot retractable electric screen, custom closets, built-in bunk beds, and hurricane-rated windows and doors.

Construction Status

Construction Complete: 1

Parking Features

Garage: 1 Oversized: 1

Lot Features

Corner: 1 Cul-De-Sac: 1 Dead End: 1 Within 1/2 Mile to Water: 1

Project Facilities

Beach: 1 Deed Access: 1 Gated Community: 1

Construction/Siding

Brick: 1 Roof Dimensional Shg: 1

Utilities

Electric: 1 Gas - Natural: 1 Public Sewer: 1 Public Water: 1 TV Cable: 1

Zoning

Resid Single Family: 1

Exterior

Cabana: 1 Fenced Back Yard: 1 Hot Tub: 1 Pool - Heated: 1 Pool - In-Ground: 1 Shower: 1

Interior

Newly Painted: 1 Renovated: 1 Split Bedroom: 1 Washer/Dryer Hookup: 1

Appliances

Auto Garage Door Opn: 1 Dishwasher: 1 Disposal: 1 Dryer: 1 Freezer: 1 Ice Machine: 1 Microwave: 1 Oven Double: 1 Range Hood: 1 Refrigerator W/IceMk: 1 Stove/Oven Gas: 1 Washer: 1

Energy

AC - Central Elect: 1 Heat Cntrl Electric: 1

Master Bedroom

First: 1

Bedroom

First: 1

Living Room

First: 1

Rooms

Bedroom: 1 Foyer: 1 Living Room: 1 Master Bedroom: 1 Office: 1

Status Change Info

Status: Pending Under Contract Date: 2026-04-12

Location Tax and Legal

Area: 15 - Miramar/Sandestin Resort Street #: 237 Street Name: Sandy Cay Street Suffix: Drive State: FL Zip Code: 32550 County: Walton Project Name/Subdivision: PARADISE RETREAT Parcel ID: 30-2S-21-42790-00B-0120

Property Features

Construction Status: Construction Complete Lot Features: Corner; Cul-De-Sac; Dead End; Within 1/2 Mile to Water Zoning: Resid Single Family Parking Features: Garage; Oversized Project Facilities: Beach; Deed Access; Gated Community Exterior: Cabana; Fenced Back Yard; Hot Tub; Pool - Heated; Pool - In-Ground; Shower Interior: Newly Painted; Renovated; Split Bedroom; Washer/Dryer Hookup Appliances: Auto Garage Door Opn; Dishwasher; Disposal; Dryer; Freezer; Ice Machine; Microwave; Oven Double; Range Hood; Refrigerator W/IceMk; Stove/Oven Gas; Washer Utilities: Electric; Gas - Natural; Public Sewer; Public Water; TV Cable Energy: AC - Central Elect; Heat Cntrl Electric Master Bedroom: First Bedroom: First Living Room: First Rooms: Bedroom; Foyer; Living Room; Master Bedroom; Office

Room Information

Foyer Level: First Dimensions: 10 x 6 Length: 10.00 Width: 6.00 Dimensions: 10 x 6 Office Level: First Dimensions: 11.5 x 11.5 Length: 11.50 Width: 11.50 Dimensions: 11.5 x 11.5 Living Room Level: First Dimensions: 18 x 11.5 Length: 18.00 Width: 11.50 Dimensions: 18 x 11.5 Master Bedroom Level: First Dimensions: 16.5 x 13.5 Length: 16.50 Width: 13.50 Dimensions: 16.5 x 13.5 Bedroom Level: First Dimensions: 13.5 x 11.5 Length: 13.50 Width: 11.50 Dimensions: 13.5 x 11.5 Bedroom Level: First Dimensions: 13.5 x 13.5 Length: 13.50 Width: 13.50 Dimensions: 13.5 x 13.5

Documents

Listing Office: Five Star Properties RE FL Inc
Last Updated: April - 13 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.