187 Sandy Cay Dr

Off Market

187 Sandy Cay Dr

Miramar Beach FL 32550

1586 sq. ft.

6534 sq. ft.

Single-Family

Last sold for $925,000

Nikita Korkh, last sold this property on 31 July 2025 after 71 days on market.

Overview

Welcome to Rustic Retreat—a proven rental powerhouse with serious income potential and charm to spare. With $126,074 in rental income for 2023 and $101,200 for 2024, plus 100 glowing five-star reviews, this fully furnished coastal gem isn't just a vacation home—it's a high-performing investment in one of the most desirable spots along the Emerald Coast. Tucked inside the gated Paradise Retreat community, this 3-bedroom, 2-bath beach home maximizes space and style across 1,586 square feet—and comfortably sleeps up to 14 guests thanks to a smart bunk room conversion. Inside, the open floor plan flows effortlessly from a remodeled kitchen to a cozy living space ideal for relaxing or entertaining. Enjoy the upgraded breakfast bar, dry bar, and a thoughtfully designed interior that blends comfort and functionality. The oversized primary suite is a standout with upgraded tile, stone finishes, and a walk-through bunk area that adds both versatility and extra sleeping capacity. Step outside to your own private oasiscomplete with a heated saltwater pool featuring a lounging shelf and splash pad, surrounded by swaying hammocks and lush landscaping. Fire up the grill in the outdoor kitchen, or unwind with a drink in hand while the kids splash and play. There's also a garage and ample parking, making guest stays easy and convenient. Best of all? You're less than half a mile from the beach with 320 feet of private, deeded accessplus top-rated restaurants, shopping, and entertainment just minutes away. Whether you're looking for a second home, short-term rental investment, or both, 187 Sandy Cay Dr checks all the boxes.

Features

3 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

1586 sq. ft. floor area

6534 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Miramar Beach over the last 12 months, the estimated median property value of 187 Sandy Cay Dr is $817.5k.

Median value

$817.5k

Estimated value range

$380k - $3.1m

Median days on market

Estimated value trend

-1%

decrease 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 187 Sandy Cay Dr

2025

Sold

$925,000

31 Jul 2025 by Nikita Korkh

2021

Sold

$799,000

20 Sep 2021

2019

Sold

$340,000

02 May 2019 by Jennifer Wilson, of Century 21 Hill Minger Agency

Happy sellers in Miramar Beach

88%

88% 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 14 reviews in Miramar Beach over the last 12 months.

Local market activity for 3 bedroom single-family properties in Miramar Beach

In the last 12 months, 119 three-bedroom single-family properties similar to 187 Sandy Cay Dr, have been sold.

This represents a 3% decrease in three-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Miramar Beach for a market analysis.

Jennifer Crawford

at KELLER WILLIAMS REALTY EMERALD COAST

(21 reviews)

Get a market analysis

Michael Bell

at Paradise Property Brokers Inc

(5 reviews)

Get a market analysis

Debbie Bell

at Sandestin Real Estate

(4 reviews)

Get a market analysis

Tresha Brown

at LPT Realty LLC

(4 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Miramar Beach

Jennifer Crawford

Jennifer Crawford is an award winning recommended agent for Miramar Beach. They have 8 local sales and collected 5 local reviews across the last 12 months.