See Home Value
Miramar Beach 32550
237 Sandy Cay Drive
$1,199,000
● House - Off Market

237 Sandy Cay Drive

Miramar Beach, FL 32550
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,049 Ft²
$6,477
Est. Monthly

About This Property

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!
Unit Size
2,049 Ft²
Days on Market
127 days
Land Size
0.13 acres
Price per sqft
$585
Property Type
House
Property Taxes
$589
HOA Dues
-
Year Built
2004

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Last updated: 5 months ago (ECAR #992150)

Price History

Date / Event Date Event Price
May 12, 2026 Sold
Sold
Apr 13, 2026 In contract -
In contract
Mar 12, 2026 Price Decreased $1,199,000
↓ $26K (2.1%)
Price Decreased
Feb 13, 2026 Price Decreased $1,225,000
↓ $10K (0.8%)
Price Decreased
Jan 14, 2026 Price Decreased $1,235,000
↓ $30K (2.4%)
Price Decreased
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 500
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,706
  • Lot Size Depth Feet: 1,690
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,529
  • Gross Building Area: 2,529
  • Building Area: 2,029
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,029
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARADISE RETREAT
  • Land Acres: 0000000131
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 12 BLK B PARADISE RETREAT PB 15-72 OR 2645-4075 OR 3216-2543

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950608

Geography

  • Assessors Map Reference: S2-30-21
  • Parcel: 30-2S-21-42790-00B-0120
  • Block: B
  • Lot: 12
  • Meridian: SEC 30 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3836
  • Longitude: -86.393

    Address

  • Full Address: 237 Sandy Cay Dr
  • Address - House Number: 237
  • Address - Street Name: Sandy Cay
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C005
  • 4-Digit Zip Code: 8261
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 2,324
  • Tax Year: 2022
  • Tax Amount: $644,215
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2659
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 1,039,395
  • High Value: 1,315,802
  • Low Value: 762,988

    Market Valuation

  • Market Total Value: $695,142
  • Market Land Value: $45,898
  • Market Improvement Value: $649,244

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $695,142
  • Assessed Land Value: $45,898
  • Assessed Improvements Value: $649,244

    Sales

  • Current Sale Contract Date: Sep 15, 2021
  • Current Sale Recording Date: Sep 17, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210046475
  • Previous Sale Recording Date: Dec 16, 2004
  • Previous Sale Contract Date: Dec 10, 2004
  • Previous Sale Amount: $237,900
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 237 Sandy Cay Drive built and last sold?
The property at 237 Sandy Cay Drive was built in 2004 and last sold on Sep 15, 2021 for $745,000.
How much is this home worth?
The estimated value of the home located at 237 Sandy Cay Drive is $1,200,290.
What are some comparable homes to 237 Sandy Cay Drive?
There are currently no comparable homes to 237 Sandy Cay Drive.