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3 Beds
2 Baths
1,586 sqft

$845,000

307 Sandy Cay Drive, Miramar Beach FL, 32550

Price per sqft$532.79
Built in2004
Property size1,586 sqft
Property typeResidential

Overview

Active

Listed Sep 9, 2026

Updated 2 days ago

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.

$5,622/mo

Est. mortgage payment based on a $845,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1011667

Interior Features

Bedrooms
3
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.12 Acres

Other Property Details

Taxes
$4,769
Tax Frequency
Annually
Garage
Yes
MLS provider logo

Courtesy of Coldwell Banker Realty, 
Listing Contact: 334-558-2573 

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Eagle Bay Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 4:15 AM UTC, 10/5/2026

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