$928,200
- 3 Beds
- 2 Baths
- 1,586 sqft
187 Sandy Cay Dr, Miramar Beach, FL 32550
Est. Refi. Payment $5,819/mo*
Refinance Your HomeCurrently Off Market - Sold Jul 31, 2025 for $925,000
Home Value
Trulia Estimate
$928KSince last month
Increased$13K (+1.4%)Since last year
Increased$7K (+0.7%)Since last sale
Increased$5K (+0.6%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +194% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $930K |
| August 2026 | $917K |
| July 2026 | $919K |
| June 2026 | $918K |
| May 2026 | $912K |
| April 2026 | $924K |
| March 2026 | $932K |
| February 2026 | $922K |
| January 2026 | $918K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.07 | Single-Family Home | $842,000 | 09/11/26 | 3 | 2 | 1,580 | |
0.12 | Single-Family Home | $1,110,000 | 09/30/25 | 3 | 2 | 1,586 | |
0.11 | Single-Family Home | $732,500 | 09/11/26 | 4 | 2 | 1,820 | |
0.14 | Single-Family Home | $615,000 | 10/23/25 | 3 | 2 | 1,404 | |
0.15 | Single-Family Home | $875,000 | 05/14/26 | 4 | 2 | 2,047 | |
0.05 | Single-Family Home | $1,199,000 | 05/12/26 | 3 | 3 | 2,049 | |
0.13 | Single-Family Home | $680,000 | 12/30/25 | 3 | 2 | 1,410 | |
0.12 | Single-Family Home | $949,000 | 06/23/26 | 4 | 3 | 1,848 | |
0.31 | Single-Family Home | $980,000 | 08/14/26 | 3 | 2 | 1,934 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $928,200 | 4 | 2 | 1,917 | Off Market | |
0.04 | $804,200 | 3 | 2 | 1,548 | Off Market | |
0.03 | $866,100 | 4 | 2 | 1,653 | Off Market | |
0.04 | $969,000 | 3 | 2 | 2,029 | For Sale | |
0.05 | $1,199,000 | 3 | 3 | 2,049 | Recently Sold | |
0.06 | $948,500 | 4 | 2 | 2,047 | Off Market | |
0.07 | $842,000 | 3 | 2 | 1,580 | Recently Sold | |
0.08 | $798,700 | 3 | 2 | 1,548 | Off Market | |
0.09 | $834,000 | 4 | 2 | 1,919 | For Sale | |
0.11 | $601,400 | 3 | 2 | 1,288 | Off Market | |
0.09 | $720,000 | 4 | 2 | 1,925 | Recently Sold |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 2004
1,586 sqft
$585/sqft
Garage
About this House
What's unique:Private oasisHeated saltwater poolOutdoor kitchenUpgraded breakfast barUpgraded tileCozy living space
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.
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.
187 Sandy Cay Dr, Miramar Beach, FL 32550 is a 3 bedroom, 2 bathroom, 1,586 sqft single-family home built in 2004. It last sold for $925,000 on Jul 31, 2025 (3% below the $950,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $928,200, with a rent estimate of $4,768/month.
Last check for updates: about 16 hours ago
Listed by Nikita Korkh, (850) 502-7650
EXP Realty LLC
Ogle Luxury Group, (817) 304-1493
EXP Realty LLC
Bought with: Scott Martineau, (850) 420-7200, RE/MAX Coastal Properties
Source: ECAOR, MLS#976701

Home Details for 187 Sandy Cay Dr
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Interior Details Number of Rooms: 5Types of Rooms: Master Bedroom, Bedroom, Garage, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1586 Square Feet |
Appliances & Utilities Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water HeaterDishwasherDisposalDryerMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Windows, Doors, Floors & Walls Window: Window TreatmentsFlooring: Tile, VinylCommon Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 1Floors: Tile, Vinyl |
View No View |
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Exterior Home Features Exterior: Outdoor Grill, Private Yard |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Garage |
Pool Pool: Heated |
Frontage Road Frontage: County RoadRoad Surface Type: PavedNot on Waterfront |
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Year Built Year Built: 2004 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Beach House |
Building Not a New ConstructionNot Attached Property |
Property Information Condition: Construction Complete, RenovatedParcel Number: 302S214279000B0060 |
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Price List Price: $950,000 |
Status Change & Dates Off Market Date: Tue Jul 01 2025 |
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MLS Status: Sold |
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Direction & Address City: Miramar BeachCommunity: PARADISE RETREAT |
School Information Elementary School: Van R ButlerJr High / Middle School: Emerald CoastHigh School: South Walton |
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Building Area Building Area: 1586 Square Feet |
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Community Features: Beach, Deed Access, Gated, Short Term Rental - Allowed |
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HOA Fee Includes: Maintenance Grounds, Land RecreationHas an HOA |
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Lot Area: 6534 sqft |
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Furnished |
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Mls Number: 976701 |
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BeachDeed AccessGatedShort Term Rental - Allowed |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 31, 2025 Source: ECAOR #976701 | Sold | $925,000 |
Jul 2, 2025 Source: ECAOR #976701 | Pending | $950,000 |
May 21, 2025 Source: ECAOR #976701 | Listed For Sale | $950,000 |
Sep 20, 2021 Source: ECAOR #877979 | Sold | $799,000 |
Aug 3, 2021 Source: ECAOR #877979 | Pending | $799,000 |
Jul 28, 2021 Source: ECAOR #877979 | Listed For Sale | $799,000 |
May 2, 2019 Source: N/A | Sold | $340,000 |
Aug 3, 2011 Source: N/A | Sold | $195,000 |
Apr 14, 2011 Source: Agent Provided | ListingRemoved | $199,900 |
Mar 4, 2011 Source: Agent Provided | PriceChange | $199,900 Price decreased by 13% |
Jan 17, 2011 Source: Agent Provided | Listed For Sale | $229,000 |
Dec 22, 2004 Source: N/A | Sold | $380,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $6,025 | $666,770 |
Home facts updated by county records
Market trends in Miramar Beach
Last updated August 2026
Avg. sale price
$729K
$4.25KMoM
Sale-to-List Price
96.1%
0.2%MoM
Price per sq ft
$459
$5MoM
Available listings
844
45MoM
Around this home
What Locals Say about Miramar Beach
At least 156 Trulia users voted on each feature.
82 % Say it's dog friendly
79 % Say car is needed
78 % Say people would walk alone at night
73 % Say it's quiet
67 % Say there's holiday spirit
65 % Say it's walkable to restaurants
62 % Say parking is easy
61 % Say kids play outside
60 % Say there are sidewalks
56 % Say streets are well-lit
55 % Say yards are well-kept
51 % Say it's walkable to grocery stores
50 % Say they plan to stay for at least 5 years
40 % Say neighbors are friendly
32 % Say there's wildlife
31 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Member number: 28189
Frequently asked questions about 187 Sandy Cay Dr
- What is 187 Sandy Cay Dr estimated to be worth?Trulia's estimated value for 187 Sandy Cay Dr in Miramar Beach, FL is $928,200.
- What is the price history for 187 Sandy Cay Dr?187 Sandy Cay Dr in Miramar Beach, FL last sold for $925,000 in July 2025.
- Is Miramar Beach a buyer's or seller's market?Miramar Beach is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Miramar Beach?The median sale price in Miramar Beach is $729K. That is down $4.25K from the prior month.
- Does 187 Sandy Cay Dr have air conditioning?Yes, 187 Sandy Cay Dr in Miramar Beach, FL has air conditioning.
- Does 187 Sandy Cay Dr have a pool?Yes, 187 Sandy Cay Dr in Miramar Beach, FL has a pool.

