$985,000
Miramar Beach, FL 32550
MLS# 1008912
3 beds | 2 baths | 2029 sqft

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Property Description
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.
Details
Maps
Status Change Info
Status: Active
Contract Info
List Date: 2026-07-31
Current Price: $985,000
List Price: $985,000
List Price/SqFt: 485.46
Listing Board: Emerald Coast
Location Tax and Legal
Area: 15 - Miramar/Sandestin Resort
Street #: 158
Street Name: Sandy Cay
Street Suffix: Drive
State: FL
Zip Code: 32550
County: Walton
Project Name/Subdivision: PARADISE RETREAT
Parcel ID: 30-2S-21-42790-00C-0040
General Property Info
Sub-Type: Detached Single Family
Design: Ranch
Apx SqFt(Htd/Cooled): 2029
SqFt Source: County PA Records
Bedrooms: 3
Full Baths: 2
Total Bathrooms: 2
# Stories: 1
Year Built: 2004
Garage: Yes
Carport: No
Garage Spaces: 2
Driveway Spaces: 2
userdefined76: 4
Acreage: 0.12
Pool: No
Pool Type: None
Property Features
Sale Type: Accept Backup Offers
Construction Status: Construction Complete
Lot Features: Level
Parking Features: Garage Attached
Project Facilities: Deed Access; Gated Community; Pets Allowed; Short Term Rental - Allowed; TV Cable
Exterior: Fenced Back Yard; Fenced Privacy; Patio Open; Renovated
Interior: Ceiling Vaulted; Floor Tile; Furnished - All; Lighting Recessed; Owner's Closet; Renovated; Split Bedroom
Appliances: Auto Garage Door Opn; Cooktop; Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Refrigerator W/IceMk; Smoke Detector; Smooth Stovetop Rnge; Stove/Oven Electric; Washer
Utilities: Electric; Gas - Natural; Phone; Public Sewer; TV Cable
Energy: AC - Central Elect; Heat Cntrl Electric; Insulated Doors; Tinted Windows; Water Heater - Gas
Master Bedroom: First
Bedroom: First
Kitchen: First
Rooms: Bedroom; Dining Room; Family Room; Kitchen; Master Bedroom
Financing: Conventional; FHA; VA
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Family Room | First | 19 x 11 | 19.00 | 11.00 | 19 x 11 |
| Dining Room | First | 16 x 12 | 16.00 | 12.00 | 16 x 12 |
| Master Bedroom | First | 17 x 13 | 17.00 | 13.00 | 17 x 13 |
| Bedroom | First | 12 x 11 | 12.00 | 11.00 | 12 x 11 |
| Bedroom | First | 12 x 11 | 12.00 | 11.00 | 12 x 11 |
| Kitchen | First | 19 x 12 | 19.00 | 12.00 | 19 x 12 |
Listing Office: Keller Williams Realty Destin
Last Updated: July - 31 - 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.