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307 Sandy Cay Drive, 
Miramar Beach, FL 32550

$845,000


3

Beds


2

Baths


1,586

Sq Ft


Single Family

Active

Listed by

Cheri Moon

Last updated:

October 12, 2026, 07:40 AM

MLS#

1011667

Source:

FL ECAR

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About This Home

307 Sandy Cay Drive

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.

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 2004

Subdivision & Development:

PARADISE RETREAT

Price Summary

845,000

$532 per Sq. Ft.

MLS #:

1011667

Last Updated:

October 12, 2026, 07:40 AM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,586 Sq. Ft.


Structure

Structure

Architectural Style:

Contemporary

Building Area:

1,586 Sq. Ft.

Year Built:

2004


Lot

Lot Size (Sq. Ft):

5,227


Finances & Disclosures

Finances

Price:

$845,000

Price per Sq. Ft:

$532 per Sq. Ft.

307 Sandy Cay Drive
Source:FL ECAR
The information being provided by Emerald Coast Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Emerald Coast Association Of REALTORS®. Coldwell Banker Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Realty, a broker participant of Emerald Coast Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Emerald Coast Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Emerald Coast Association Of REALTORS®. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.