Back 237 Sandy Cay Drive
Off Market

237 Sandy Cay Drive

Miramar Beach FL 32550

3
3
2
2049 sq. ft.
5662.8 sq. ft.
Single-Family
Last sold for $1,199,000
Alysha NeidertAlysha Neidert, last sold this property on 12 May 2026 after 523 days on market.

Overview

With rental projections coming in at 145K step into 237 Sandy Cay, a 3-bedroom, 3 bath coastal retreat in a gated community with low HOA fees and 320 feet of private deeded beach access. Located just a short drive from the best restaurants along iconic Scenic 98 and premier shopping, this home blends convenience, luxury, and investment potential. Immaculately maintained, the home received $450,000 in upgrades in 2022 and 2023, including a heated and air-conditioned pool with built in spa, screened pavilion with a 25-foot retractable electric screen, custom closets, built-in bunk beds, and hurricane-rated windows and doors. The gourmet kitchen boasts a 6-burner gas cooktop with grill, double oven, beer and wine fridge, separate ice maker, built-in dishwasher, and microwave, with granite countertops throughout. Currently a residential home, this property offers tremendous rental potential. Renderings are INCLUDED IN LISTING to showcase reimagined spaces for maximum comfort and income. With every detail thoughtfully upgraded, 237 Sandy Cay is a LUXURY retreat and smart coastal investment  a must-see!

Features

3 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
2049 sq. ft. floor area
5662.8 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 237 Sandy Cay Drive is $817.5k.

Median value
$817.5k
Estimated value range
$380k - $3.1m
Median days on market
65
Estimated value trend
0%
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 237 Sandy Cay Drive

2026
Sold
$1,199,000
12 May 2026 by Alysha Neidert, of Five Star Properties RE FL Inc
2021
Sold
$745,000
15 Sep 2021 by Joseph Secedi, of Coldwell Banker Realty

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 237 Sandy Cay Drive, have been sold.

This represents a 14% decrease in three-bedroom single-family properties sales when compared to the previous 12 months.

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