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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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158 Sandy Cay Dr , Miramar Beach, FL 32550
$985,000
Est. Payment: $4,995.22/mo
3 Bed
2 Bath
2029 Sqft
Status: active | Days on site: 20
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House 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.

Highlights

Listed by Crystal D Ragan-Kotulak , 615-956-5250 Keller Williams Realty Destin , 850-654-2900. Emerald Coast Multiple Listing Services

Property Type

Residential

Lot/Acreage
0.12

Year Built

2004

County

Walton

Area

15 - Miramar/Sandestin Resort

Neighborhood

Paradise Retreat

Listing ID

1008912

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Gas
Air Cond:Central Air
Fireplaces:
Floor:Floor Tile
Other:
  • Additional:Ceiling Vaulted, Lighting Recessed, Owner's Closet, Split Bedroom

Exterior Features

Lot:Level
Lot Dimensions:50X100
Zoning:City
Others:
  • Additional:Fenced Back Yard, Patio Open, Fenced Privacy
Sewer:Public Sewer
Principal Interest
$4,995
Taxes
$221

Home Price

$985,000

Loan Details

30 yrs
6.528%

Down Payment

20%
$197,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,995.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,995.22 $221.09 $0.00 $5,216.31
Yearly $59,942.58 $2,653.08 $0.00 $62,595.66
Total $1,798,277.50 $79,592.40 $0.00 $1,877,869.90

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Miramar Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:32:47.000Z

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