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For sale
    • Price cut: $10K (8/21)
    $975,000

    158 Sandy Cay Dr, Miramar Beach, FL 32550

    3beds
    2,029sqft
    : 
    $5,954/mo
    Get pre-qualified
    Single Family Residence
    Built in 2004
    5,227 Square Feet Lot
    $-- Zestimate®
    $481/sqft
    $-- HOA

    What's special

    Fresh paintUpdated ceiling fansUpdated guest bathStacked stone accentsCrown molding throughout
    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.
    30 days
    626
    44

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Crystal D Ragan-Kotulak 615-956-5250,

    Keller Williams Realty Destin

    Source: ECAOR,MLS#: 1008912MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: First
      • Area: 221 Square Feet
      • Dimensions: 17 x 13
      Bedroom
      • Level: First
      • Area: 132 Square Feet
      • Dimensions: 12 x 11
      Bedroom
      • Level: First
      • Area: 132 Square Feet
      • Dimensions: 12 x 11
      Dining room
      • Level: First
      • Area: 192 Square Feet
      • Dimensions: 16 x 12
      Family room
      • Level: First
      • Area: 209 Square Feet
      • Dimensions: 19 x 11
      Kitchen
      • Level: First
      • Area: 228 Square Feet
      • Dimensions: 19 x 12
      Heating
      • Central, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Gas Water Heater
      Features
      • Vaulted Ceiling(s), Recessed Lighting, Owner's Closet, Split Bedroom
      • Flooring: Tile
      • Windows: Tinted Windows
      • Furnished: Yes
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 2,029
      • Total interior livable area: 2,029 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage Door Opener
      • Attached garage spaces: 2
      Features
      • Stories: 1
      • Patio & porch: Patio
      • Exterior features: Private Yard
      • Fencing: Privacy
      Lot
      • Size: 5,227 Square Feet
      • Dimensions: 50 x 100
      • Features: Level
      Details
      • Parcel number: 302S214279000C0040
      • Zoning description: City
      • Special conditions: Accept Backup Offers

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Brick
      Condition
      • Construction Complete,Renovated
      • New construction: No
      • Year built: 2004

      Utilities & green energy

      Green energy
      • Energy efficient items: Doors

      Community & HOA

      Community
      • Features: Deed Access, Gated, TV Cable, Short Term Rental - Allowed
      • Security: Smoke Detector(s)
      • Subdivision: PARADISE RETREAT
      Location
      • Region: Miramar Beach

      Financial & listing details

      • Price per square foot: $481/sqft
      • Tax assessed value: $665,686
      • Annual tax amount: $2,653
      • Date on market: 7/31/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/21/2026Price change$975,000-1%$481/sqft
        Source: ECAOR #1008912 Report a problem
        7/31/2026Listed for sale$985,000+21.6%$485/sqft
        Source: ECAOR #1008912 Report a problem
        3/3/2025Sold$810,000+1.4%$399/sqft
        Source: ECAOR #958734 Report a problem
        2/2/2025Pending sale$799,000$394/sqft
        Source: ECAOR #958734 Report a problem
        9/9/2024Listed for sale$799,000+149.7%$394/sqft
        Source: ECAOR #958734 Report a problem
        12/29/2014Sold$320,000-5.9%$158/sqft
        Source: Public Record Report a problem
        11/4/2014Price change$339,900-2.6%$168/sqft
        Source: RE/MAX GULF COAST REALTY #715406 Report a problem
        10/4/2014Listed for sale$349,000+77.2%$172/sqft
        Source: RE/MAX Gulf Coast Realty #715406 Report a problem
        4/21/2011Sold$197,000-1%$97/sqft
        Source: Public Record Report a problem
        2/11/2011Listed for sale$199,000-16.7%$98/sqft
        Source: Pelican Real Estate #552068 Report a problem
        12/29/2004Sold$238,900-2.5%$118/sqft
        Source: Public Record Report a problem
        4/16/2002Sold$245,000$121/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,653 +2.1%$332,214 +2.9%
        2024$2,600 +4%$322,851 +3%
        2023$2,500 +1.4%$313,448 +3%
        2022$2,467 -1.2%$304,318 +3%
        2021$2,496 -1.6%$295,454 +1.4%
        2020$2,536 +3.8%$291,375 +2.8%
        2019$2,444 $283,417 +1.9%
        2018$2,444 +1.8%$278,132 +2.1%
        2017$2,401 +3%$272,411 +2.1%
        2016$2,332 +1.4%$266,808 +2%
        2015$2,299 -13.5%$261,599 +1%
        2014$2,659 $258,906 +16.5%
        2013-- $222,308 +17.1%
        2012-- $189,820 -1.6%
        2011-- $192,896 -1.6%
        2010-- $196,046 -8.1%
        2009-- $213,358 -22.6%
        2008-- $275,808 -21.6%
        2007-- $351,972 +0%
        2005-- $351,919 +2401.7%
        2004-- $14,067
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 32550

        Getting around

        28 / 100
        Car-Dependent
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Van R Butler
        • Middle: Bruner
        • High: South Walton

        Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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