About This Home

This 3-bedroom, 2-bathroom single family at 307 Sandy Cay Drive in Miramar Beach, FL is listed for $845,000 ($533 per sqft). Built in 2004, the home offers 1,586 sqft of living space on a 0.12 acres lot.

Key Features

  • Built in 2004
  • 0.12 acre lot
  • 2 parking spaces

Property Details

1 story
2 full
2 spaces
2004

Amenities

A/C
Listing Description

Coastal Living in Paradise Retreat!! Welcome to this beautifully maintained 3-bedroom, 2-bath all-brick home in the sought-after gated community of Paradise Retreat. Ideally positioned with convenient access from Scenic Gulf Drive on the beach side and Highway 98 to the north, this home places you minutes from the beach, dining, shopping, and local entertainment.

Inside, a bright, open floor plan creates an inviting setting for everyday living and entertaining. The recently updated kitchen features granite countertops, a tile backsplash, farmhouse sink, stainless-steel appliances, and a seamless flow into the living room, dining area, and an additional informal sitting space.

The desirable split-bedroom layout provides privacy for the primary suite, located on the opposite side of the home from the guest bedrooms. The primary bath includes a separate garden tub, and the suite offers a generous walk-in closet. Outside, enjoy a spacious backyard with ample room to add a pool, plus an inviting paver patio designed for outdoor dining, relaxing, and gathering with family and friends.

Approximately 320 feet of deeded beach access is just a short walk away. Whether envisioned as a primary residence, comfortable second home, or short-term rental opportunity, this property offers exceptional flexibility in one of the area's most desirable beachside communities.

Estimated short-term rental potential is reported at up to $80,000 annually; buyer should independently verify rental projections and local regulations. Major upgrades include a tankless gas water heater (2018), new dishwasher (2022), new HVAC system (2025), freshly painted interior, a new irrigation pump, metal hurricane shutters, and a new roof (2026). A two-car garage adds everyday convenience and storage.

Monthly Cost Estimate

$5,879/mo

20% down · 6.5% · 30 years

Principal$611
Interest$3,662
Insurance$246
HOA$1,360

Estimates only. Actual payments may vary.

Location

307 Sandy Cay Drive

Miramar Beach, FL 32550

PARADISE RETREAT

Features & Amenities

Interior Features

Ceiling VaultedKitchen IslandNewly PaintedPull Down StairsWasher/Dryer Hookup

Exterior Features

Fenced Back YardHurricane Shutters

Property Details

Flooring

Tile

Construction

Concrete Brick

Outdoor Features

Patio

Parking

Garage

Heating

Central

Cooling

Central Air

Appliances

Auto Garage Door OpnDishwasherMicrowaveOven Self CleaningRefrigerator W/IceMkSmoke DetectorSmooth Stovetop RngeStove/Oven ElectricWater Heater - GasWater Heater - Tnkls

Questions & Answers

This 3-bedroom, 2-bathroom single family at 307 Sandy Cay Drive is listed at $845,000 ($533/sqft). The estimated monthly payment is $5,879 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $1360/month.

Key features include: Built in 2004, 0.12 acre lot, 2 parking spaces. Interior Features: Ceiling Vaulted, Kitchen Island, Newly Painted. Exterior Features: Fenced Back Yard, Hurricane Shutters.

This property is listed by Cheri A Moon and can be reached at 3345582573.

CM

Cheri A Moon

License 3528496

Agent at Coldwell Banker Realty

(334) 558-2573

Listed by Coldwell Banker Realty · Broker phone: (850) 501-1545 · View on Broker Site · Broker website

MLS# 1011667· Source: Emerald Coast Association of Realtors· 15 days on PropertySimple

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

307 Sandy Cay Drive, Miramar Beach, FL 32550

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