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Harrison Lilly Team

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

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307 Sandy Cay Dr , Miramar Beach, FL 32550
$845,000
Est. Payment: $4,668.50/mo
3 Bed
2 Bath
1586 Sqft
0.12 Acres
Status: Active | Days on site: 26
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Harrison Lilly Team
Owner/Operator

House 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.

Highlights

Listed by Cheri A Moon , 334-558-2573 Coldwell Banker Realty , 850-650-4563. Emerald Coast Multiple Listing Services

Property Type

Residential

Lot/Acreage
0.12

HOA Fee

Year Built

2004

County

Walton

Area

15 - Miramar/Sandestin Resort

Neighborhood

Paradise Retreat

Listing ID

1011667

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Auto Garage Door Opn, Dishwasher, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Water Heater - Gas, Water Heater - Tnkls
Air Cond:Ceiling Fans,Central Air
Fireplaces:
Floor:Floor Tile
Other:
  • ▪ Additional:Ceiling Vaulted, Kitchen Island, Newly Painted, Pull Down Stairs, Washer/Dryer Hookup

Exterior Features

Lot:Covenants,Sidewalk
Lot Dimensions:50x100
Zoning:City
Others:
  • ▪ Additional:Fenced Back Yard, Hurricane Shutters, Patio Open, Fenced Privacy
Sewer:Public Sewer
Parking Features:Garage
Principal Interest
$4,669
Taxes
$397
HOA
$0

Home Price

$845,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$169,000
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:
$4,668.50

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,668.50 $397.41 $0.00 $5,065.91
Yearly $56,022.04 $4,768.94 $0.00 $60,790.98
Total $1,680,661.18 $143,068.20 $0.00 $1,823,729.38

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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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: 2026-10-07T11:00:03.000Z

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