Back 145 Marigot Bay Circle
Off Market

145 Marigot Bay Circle

Miramar Beach FL 32550

4
2
2
2047 sq. ft.
7405.2 sq. ft.
Single-Family
Last sold for $945,000
John MoranJohn Moran, last sold this property on 19 September 2025 after 34 days on market.

Overview

'Manta Ray Getaway' is a proven performer—over $100,000 in rental income in past years—and positioned to earn even more with strategic upgrades. Located in Paradise Retreat, a gated community with exclusive 320-foot deeded Gulf access, this property offers what investors look for most: high demand, low competition, and clear growth potential. The Numbers Tell The Story: Sleeps 10 comfortably with 4 beds, 2 baths, and 2,047 sq. ft. — the largest floor plan in the neighborhood. Fully furnished and turnkey with new LVP flooring, upgraded kitchen appliances, and quartz countertops. Private heated L-shaped pool, BBQ station, tanning deck, and space for easy-to-add, high-ROI amenities like a hot tub, putting green, or cornhole court. Upside Built In Already: Two large living areas, one converted into a game roomarcade games and foosball that keep occupancy high and reviews strong. Recent major updates: new roof & pool pump motor (2021), new fence (2020), water heater (2019). No flood insurance required and low HOA fees increase net returns. The Bottom Line: With its proven track record, income-boosting potential, and premium beach access, "Manta Ray Getaway" offers both immediate cash flow and long-term appreciation. It's also an outstanding option as a second home or even a full-time residencegiving you the flexibility to enjoy the property yourself while it works for you.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
2047 sq. ft. floor area
7405.2 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Miramar Beach over the last 12 months, the estimated median property value of 145 Marigot Bay Circle is $1.45m.

Median value
$1.45m
Estimated value range
$390k - $5.2m
Median days on market
67
Estimated value trend
21%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Miramar Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 145 Marigot Bay Circle

2025
Sold
$945,000
19 Sep 2025 by John Moran, of Keller Williams Realty Destin
2022
Sold
$840,000
19 Jan 2022 by Jacki Craig, of Crystal Waters Realty Inc

Happy sellers in Miramar Beach

76%
76% of sellers in Miramar Beach reported that their sale price either exceeded or met their price expectations.

Miramar Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 17 reviews in Miramar Beach over the last 12 months.

Local market activity for 4 bedroom single-family properties in Miramar Beach

In the last 12 months, 111 four-bedroom single-family properties similar to 145 Marigot Bay Circle, have been sold.

This represents a 21% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

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