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. 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!
Sold for $1,199,000
$1,199,000
237 Sandy Cay Dr, Miramar Beach, FL 32550
3beds
2,049sqft
Single Family Residence
Built in 2004
5,662.8 Square Feet Lot
$1,198,800 Zestimate®
$585/sqft
$4,810 Estimated rent
Home value
$1,198,800
$1.14M - $1.26M
$4,810/mo
Zestimate® history
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$7,296/mo
Est. payment
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Est. payment
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List your homeWhat's special
Granite countertops throughoutBuilt-in dishwasherGourmet kitchenCustom closetsHurricane-rated windows and doorsDouble ovenBuilt-in bunk beds
Zillow last checked:
Listing updated:
Listed by:
Alysha S Neidert 850-687-1913,
Five Star Properties RE FL Inc
Bought with:
Jessica Foy, 3588492
EXP Realty LLC
Source: ECAOR,MLS#: 992150
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: First
- Area: 222.75 Square Feet
- Dimensions: 16.5 x 13.5
Bedroom
- Level: First
- Area: 155.25 Square Feet
- Dimensions: 13.5 x 11.5
Bedroom
- Level: First
- Area: 182.25 Square Feet
- Dimensions: 13.5 x 13.5
Foyer
- Level: First
- Area: 60 Square Feet
- Dimensions: 10 x 6
Living room
- Level: First
- Area: 207 Square Feet
- Dimensions: 18 x 11.5
Office
- Level: First
- Area: 132.25 Square Feet
- Dimensions: 11.5 x 11.5
Heating
- Central, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Freezer, Microwave, Double Oven, Range Hood, Washer
- Laundry: Washer/Dryer Hookup
Features
- Newly Painted, Split Bedroom
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,049
- Total interior livable area: 2,049 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, Oversized, Garage
- Garage spaces: 2
Features
- Stories: 1
- Exterior features: Private Yard, Outdoor Shower
- Pool features: Heated, In Ground
- Has spa: Yes
- Spa features: Heated
Lot
- Size: 5,662 sqft
- Dimensions: 50 x 103
- Features: Corner Lot, Cul-De-Sac, Dead End, Within 1/2 Mile to Water
Details
- Additional structures: Cabana
- Parcel number: 302S214279000B0120
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick
- Roof: Shingle
Condition
- Construction Complete,Renovated
- New construction: No
- Year built: 2004
Utilities & green energy
- Water: Public
Community & neighborhood
Community
- Community features: Beach, Deed Access, Gated
Location
- Region: Miramar Beach
- Subdivision: PARADISE RETREAT
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Sold | $1,199,000$585/sqft |
Source:  ECAOR #992150 Report a problem | ||
| 4/13/2026 | Pending sale | $1,199,000$585/sqft |
Source: ECAOR #992150 Report a problem | ||
| 3/11/2026 | Price change | $1,199,000-2.1%$585/sqft |
Source: ECAOR #992150 Report a problem | ||
| 2/12/2026 | Price change | $1,225,000-0.8%$598/sqft |
Source: ECAOR #992150 Report a problem | ||
| 1/14/2026 | Price change | $1,235,000-2.4%$603/sqft |
Source: ECAOR #992150 Report a problem | ||
| 1/5/2026 | Listed for sale | $1,265,000+1.2%$617/sqft |
Source: ECAOR #992150 Report a problem | ||
| 11/24/2025 | Listing removed | $1,249,999$610/sqft |
Source: ECAOR #964082 Report a problem | ||
| 11/5/2025 | Price change | $1,249,999-1.2%$610/sqft |
Source: ECAOR #964082 Report a problem | ||
| 8/30/2025 | Price change | $1,265,000-1.1%$617/sqft |
Source: ECAOR #964082 Report a problem | ||
| 7/23/2025 | Price change | $1,279,000-0.1%$624/sqft |
Source: ECAOR #964082 Report a problem | ||
| 6/30/2025 | Price change | $1,280,000-5.2%$625/sqft |
Source: ECAOR #964082 Report a problem | ||
| 6/23/2025 | Price change | $1,350,000+5.5%$659/sqft |
Source: ECAOR #964082 Report a problem | ||
| 6/9/2025 | Price change | $1,280,000-0.7%$625/sqft |
Source: ECAOR #964082 Report a problem | ||
| 4/17/2025 | Price change | $1,289,000-0.8%$629/sqft |
Source: ECAOR #964082 Report a problem | ||
| 4/2/2025 | Price change | $1,299,999-1.9%$634/sqft |
Source: ECAOR #964082 Report a problem | ||
| 3/27/2025 | Price change | $1,325,000-1.5%$647/sqft |
Source: ECAOR #964082 Report a problem | ||
| 1/12/2025 | Price change | $1,345,000-0.4%$656/sqft |
Source: ECAOR #964082 Report a problem | ||
| 12/4/2024 | Listed for sale | $1,350,000+81.2%$659/sqft |
Source: ECAOR #964082 Report a problem | ||
| 9/15/2021 | Sold | $745,000+213.2%$364/sqft |
Source: ECAOR #875487 Report a problem | ||
| 12/16/2004 | Sold | $237,900$116/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,071 -2.7% | $782,534 -1.6% |
| 2024 | $7,263 -6.3% | $795,168 -5.9% |
| 2023 | $7,751 +20.3% | $844,656 +21.5% |
| 2022 | $6,442 +162.1% | $695,142 +124% |
| 2021 | $2,458 -1.7% | $310,319 +1.4% |
| 2020 | $2,501 -6% | $306,035 +0.2% |
| 2019 | $2,662 | $305,360 +1.8% |
| 2018 | $2,662 -11% | $299,886 +9.6% |
| 2017 | $2,990 +10.3% | $273,550 +2.5% |
| 2016 | $2,711 +1.5% | $267,008 +2% |
| 2015 | $2,672 +2% | $261,799 +1% |
| 2014 | $2,618 | $259,106 +16.4% |
| 2013 | -- | $222,508 +17.1% |
| 2012 | -- | $190,020 -1.6% |
| 2011 | -- | $193,096 -1.6% |
| 2010 | -- | $196,246 -8.1% |
| 2009 | -- | $213,558 -22.6% |
| 2008 | -- | $276,008 -21.6% |
| 2007 | -- | $352,172 +0% |
| 2005 | -- | $352,119 +2403.2% |
| 2004 | -- | $14,067 |
Find assessor info on the county website
Neighborhood: 32550
Nearby schools
GreatSchools rating
- 9/10Van R. Butler Elementary SchoolGrades: K-5Distance: 8.1 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 16.8 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 12.7 mi
Schools provided by the listing agent
- Elementary: Van R Butler
- Middle: Emerald Coast
- 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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- Florida
- Walton County
- Miramar Beach
- 32550
- 237 Sandy Cay Dr
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