Back 87 Marigot Bay Circle
Off Market

87 Marigot Bay Circle

Miramar Beach FL 32550

4
3
4
1848 sq. ft.
6969.6 sq. ft.
Single-Family
Last sold for $949,000
Poole Poole GroupPoole Poole Group, last sold this property on 23 June 2026 after 31 days on market.

Overview

Fully furnished, fully renovated, & rental-ready, this stunning 4-bedroom + bunk room, 3-bath home with a private pool is in the highly sought-after beachside community of Paradise Retreat. Paradise Retreat features both north and south gate entrances and 320 feet of private deeded beach access. One of the community's most desirable split-bedroom floor plans, this home is ideal as a primary residence, second home, long-term rental, or high-performing vacation rental with projected annual gross rental income of approximately $85,000. Inside, the spacious layout with tile plank flooring throughout, includes a large kitchen, breakfast nook, dining area and an open great room that flows to the covered patio and pool area. The primary suite overlooks the backyard and features a private ensuite bath. On the opposite side of the home, you'll find three guest bedrooms, a bunk room, and two additional full baths, plenty of space for family and guests. The outdoor living area is designed for relaxation and entertaining, complete w/ paver stones, polywood lounge chairs, tables, fully fenced and an additional separately fenced side yard perfect for pets or game area. The home also backs up to a wooded preserve for added privacy and is one of only 16 homes in the circle with an oversized backyard. Brand-new driveway pavers, brand new extended backyard pavers, brand-new HVAC system being installed June 11th, and a brand-new roof to be installed prior to closing.

Features

4 bedrooms
3 bathrooms
4 carspaces
2 garage spaces
1848 sq. ft. floor area
6969.6 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 87 Marigot Bay Circle is $1.47m.

Median value
$1.47m
Estimated value range
$390k - $5.2m
Median days on market
71
Estimated value trend
19%
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 87 Marigot Bay Circle

2026
Sold
$949,000
23 Jun 2026 by Poole Poole Group, of Douglas Elliman
2020
Sold
$482,500
01 Sep 2020 by William Flynn, of Berkshire Hathaway HomeServices PenFed Realty
2019
Rented
Undisclosed
04 Sep 2019 by PMA Real Estate Sales Inc

Happy sellers in Miramar Beach

74%
74% 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 16 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, 110 four-bedroom single-family properties similar to 87 Marigot Bay Circle, have been sold.

This represents a 18% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

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