New Listing
59 Walton Way, Miramar Beach
$757,000 - 3 Beds, 2 Baths, 2,135 Sf
MLS® # 1013781
158 Sandy Cay Drive, Miramar Beach
$969,000
3 Beds
2 Baths
2,029 Sqft
.12 Acre
2 Garages
Turnkey Gulf Coast Investment with Proven Income! Welcome to Emerald Escape, a beautifully updated home offering the perfect combination of investment potential and coastal living. Already boasting over $100,000 in 2026 bookings with a few months still remaining, this successful short-term rental is ready to continue producing income from day one. Prefer to keep it for yourself? It also makes an incredible primary residence or vacation getaway!
Major updates include a new roof (2023), new front and back doors (2024), high-impact casement windows (2019), Rinnai tankless water heater (2018), HVAC (2018), brick paver driveway and front entrance (2016), and an expanded patio overlooking the fully fenced backyard.
Inside you'll find crown molding throughout, stacked stone accents, fresh paint, updated ceiling fans, a beautifully remodeled primary bath with a tiled shower and whirlpool tub, an updated guest bath, and a refreshed kitchen featuring stainless steel appliances and a tile backsplash.
Perfectly situated between Highway 98 and Scenic Gulf Drive, the community offers convenient access from both the north and south, placing you just minutes from the Emerald Coast's sugar-white beaches, shopping, dining, and entertainment.
Whether you're searching for a high-performing vacation rental or your own slice of paradise, Paradise Retreat truly checks every box!
GOLF CART IS A RENTAL AND NOT INCLUDED.
Essential Information
MLS® #1008912
Price$969,000
Bedrooms3
Bathrooms2.00
Full Baths2
Square Footage2,029
Acres0.12
Year Built2004
TypeResidential
Sub-TypeDetached Single Family
StyleRanch
StatusActive
Community Information
Address158 Sandy Cay Drive
Area15 - Miramar/Sandestin Resort
SubdivisionPARADISE RETREAT
CityMiramar Beach
CountyWalton
StateFL
Zip Code32550
Amenities
ParkingGarage Door Opener
# of Garages2
Utilities
Electric, Gas - Natural, Phone, Public Sewer, TV Cable
Interior
HeatingCentral, Gas - Natural
CoolingCentral Air
# of Stories1
Interior Features
Vaulted Ceiling(s), Recessed Lighting, Owner's Closet, Split Bedroom
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Gas Water Heater
Exterior
Exterior FeaturesPrivate Yard
Lot DescriptionLevel
WindowsTinted Windows
ConstructionBrick
School Information
ElementaryVan R Butler
MiddleBruner
HighSouth Walton
Additional Information
ZoningCity
Listing Details
OfficeKeller Williams Realty Destin
Property History
Price Reduced from $975,000 to $969,000
Price Reduced from $985,000 to $975,000
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DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.
Vendors Member Number : 28325
Listing information last updated on October 16th, 2026 at 9:07am CDT.
