Exclusively offered by Ocean Reef Real Estate Sales, Seaspray is a rare Gulf-front estate that blends income-producing power with generational value.

Tucked away on the ultra-private Sandy Beach Road in Miramar Beach, this extraordinary nine-bedroom compound is a standout among luxury listings on the Emerald Coast. Priced at $4.8 million, Seaspray spans over 4,000 square feet of interior living space and rests on more than half an acre of prime beachfront land—extending all the way to the mean high water line, a privilege few properties can claim.

Actively managed through Ocean Reef Resorts' esteemed vacation rental program, Seaspray not only delivers breathtaking Gulf views, a private pool, and direct beach access—it consistently generates substantial rental income, making it both a lifestyle retreat and a strategic investment. This is beachfront ownership at its most exclusive, most rewarding, and most enduring.

Luxury Living That Pays You Back

Seaspray is one of the few Gulf-front properties in Northwest Florida that combines private estate-style living with proven rental performance. With accommodations for up to 30 guests and income potential exceeding $300,000 annually, it functions both as an exclusive family getaway and a top-tier short-term rental.

The main residence features six bedrooms and five-and-a-half bathrooms. Four-bedroom suites on the first floor offer private en-suite baths, including two Gulf-view Primary Suites that open onto the poolside patio. A cheerful bunk room with a queen-over-queen setup and trundle makes space for kids or teens, while another king suite rounds out the ground level.

Upstairs, the open-concept living space boasts soaring vaulted ceilings, light-toned hardwood flooring, and a wall of windows showcasing uninterrupted Gulf views. The airy great room includes three plush sofas, creating a comfortable space to relax and take in the coastal scenery.

Adjacent to the living area, a wraparound breakfast bar and a dining space for eight complement the spacious kitchen, which is thoughtfully equipped with two refrigerators and two dishwashers—perfectly designed to serve large groups comfortably. Two additional guest bedrooms, including another Primary Suite and a second bunk room, complete the upper level.

The Guest Cottage sits on the north side of the property and includes three more bedrooms and two full baths. Its first level features a king suite, full hall bath, open kitchen, and vaulted living area with a flat-screen TV. Upstairs are two queen guest rooms and a shared bath—ideal for extended family or friends seeking a bit more privacy.

A Private Retreat in the Heart of It All

Despite its secluded feel, Seaspray offers effortless access to everything that makes Miramar Beach so desirable. Tucked away on a quiet stretch of Sandy Beach Road, you're just moments from award-winning dining, designer shopping at Silver Sands Premium Outlets, and championship golf courses. Destin's harborfront, known for world-class fishing and boating, lies just to the west—while Scenic 30A and its charming coastal communities, from Grayton Beach to Rosemary, are a scenic drive to the east. It's a rare blend of peaceful beachfront seclusion and connection to the Emerald Coast's finest attractions.

Exceptional Features & Recent Enhancements

Unlike many Gulf-front homes, Seaspray has been thoughtfully upgraded over the years to meet modern expectations while preserving its coastal charm:

• New roof on the Main House (2016)
• Built-in media-ready queen bunks (2019)
• Updated kitchens (2020)
• Trex decking and pool deck remodel (2021)
• Fresh tile flooring in the Cottage (2022)
• New roof on the Cottage (2023)

Additional amenities include a lagoon-shaped private pool overlooking the shoreline, legal access via a private drive with towing enforcement, and verified ownership extending to the waterline—an increasingly rare attribute in Florida's beachfront market.

True Gulf-Front Ownership—From Home to Horizon

In a region where "beachfront" is often just a technicality, Seaspray delivers the real thing. Ownership here includes the sand, secured with documentation that confirms rights to the mean high-water mark. The home's location on Sandy Beach Road ensures a quiet, low-traffic experience backed by private access rights.

Future-Proof Your Vision

While Seaspray is already a high-performing estate, its true value extends beyond what's currently built. With over half an acre of prime Gulf-front land and verified ownership to the mean high water line, this property presents a rare opportunity to craft your own custom beachfront estate in the future. Whether you're dreaming of an architectural masterpiece or a family compound tailored to your legacy, this land provides the foundation—and the freedom—to bring it to life.

Who This Is For

This is more than a vacation home—it's a portfolio-worthy asset for those who appreciate privacy, presence, and performance. Whether you're looking to secure a multigenerational retreat or a high-performing Gulf-front rental property, Seaspray offers rare scale, flexibility, and long-term upside in one of Florida's most sought-after destinations.

Schedule your private tour with Ocean Reef Real Estate Sales today. Opportunities like Seaspray are exceedingly rare—and when they do become available, they don't stay on the market for long. This is beachfront brilliance, and it's ready to be claimed.