NOT LISTED FOR SALE

178 Sandy Cay Dr Miramar Beach, FL 32550

Estimated Value: $833,851 - $895,000

4 Beds
2 Baths
1,653 Sq Ft
$521/Sq Ft Est. Value

Last Sold October 01, 2024

Last sale price $924,900 $560 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,110/month

68 Days on Market

Highlights

  • Deeded access to the beach
  • Heated In Ground Pool
  • Gated Community
  • Van R. Butler Elementary School Rated A-
  • Primary Bedroom Suite
  • Traditional Architecture

About This Home

As of October 2024

**SELLER WILL CONTRIBUTE $30,000 CREDIT TOWARDS BUYERS RATE BUY DOWN, CLOSING COSTS, OR OTHER CLOSING NEEDS**
*1 YEAR HOME WARRANTY WILL BE PROVIDED*

Paradise Retreat is a centralized and welcoming gated beachside community with access points off of Highway 98 AND Scenic Highway 98 in the amazing Destin, FL area, featuring deeded community beach access! This renovated 4 bedroom 2 bathroom brick home is completely move in ready. You can enjoy your private heated pool and backyard oasis as your primary home or an incredible short term rental with history ranging from $120k-$122k ANNUALLY! Projections reach over $130k! This home is your gateway to the perfect beach lifestyle. Scenic Highway 98 features walking/ biking paths, a beach boardwalk, delicious restaurants, and stunning Gulf views. Come see this incredible opportunity for yourself!

Last Agent to Sell the Property

Devan Keown

Realty ONE Group Emerald Coast License #3397155 Listed on: 06/05/2024

Realty ONE Group Emerald Coast

Last Buyer's Agent

Nap deCiutiis

EXP Realty LLC License #3537984

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,560

Year Built

  • Built in 2004 | Remodeled

Lot Details

  • Lot Dimensions are 50x110
  • Back Yard Fenced
  • Sprinkler System

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,653 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Exterior Washer Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Outdoor Features

  • Heated In Ground Pool
  • Deeded access to the beach

Schools

  • Destin Elementary And Middle School
  • Destin High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 30-2S-21-42790-00C-0060

Community Details

Overview

  • Paradise Retreat Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,560

Year Built

Built in 2004 | Remodeled

Lot Details

5,532 Sq Ft Lot

HOA Fees

$100 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 50x110
  • Subdivision Name: PARADISE RETREAT
  • Directions: From Scenic Gulf Drive turn north on Sandy Cay (between Gulfview Condo and Beach Resort Condo. Can also access from 98. Turn South on Sandy Cay. Turn left through the gate.
  • Architectural Style: Traditional
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2004
  • ResoBuildingAreaSource: Appraiser
  • Remarks Misc:Remarks: **SELLER WILL CONTRIBUTE $30,000 CREDIT TOWARDS BUYERS RATE BUY DOWN, CLOSING COSTS, OR OTHER CLOSING NEEDS** *1 YEAR HOME WARRANTY WILL BE PROVIDED* Paradise Retreat is a centralized and welcoming gated beachside community with access points off of Highway 98 AND Scenic Highway 98 in the amazing Destin, FL area, featuring deeded community beach access! This renovated 4 bedroom 2 bathroom brick home is completely move in ready. You can enjoy your private heated pool and backyard oasis as your primary home or an incredible short term rental with history ranging from $120k-$122k ANNUALLY! Projections reach over $130k! This home is your gateway to the perfect beach lifestyle.
  • Utilities Electric: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Utilities:Septic Tank: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Renovated, Washer/Dryer Hookup
  • Interior:WasherDryer Hookup: Yes
  • Master Bedroom:First: Yes

Exterior Features

  • Pool Features: Pool Type
  • Exterior Features: Fenced Back Yard, Fenced Privacy, Pool - Heated, Pool - In-Ground, Sprinkler System
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Fenced Privacy: Yes
  • Exterior:Pool - In-Ground: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Garage
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Parking Features:Garage3: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Public Water, Septic Tank

Condo/Co-op/Association

  • Community Features: Deed Access, Gated Community
  • Association #2 Fee: 1199.92
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Destin
  • High School: Destin
  • Middle Or Junior School: Destin

Lot Info

  • Parcel #: 30-2S-21-42790-00C-0060
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4560.21
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Sep 30, 2024
Sold by
Mulle Ryan and Mulle Sarah
Bought by
Nivdunge Bhagyashri Balasaheb and Saha Gourav
Seller's Agent
Devan Keown
Realty ONE Group Emerald Coast
Buyer's Agent
Nap deCiutiis
EXP Realty LLC
List Price
$930,000
Sold Price
$924,900
Premium/Discount to List
-$5,100
-0.55%
Views
10
Current Estimated Value
$861,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$63,687
Avg. Annual Appreciation
-4.77%
Original Mortgage
$786,100
Outstanding Balance
$775,715
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$85,498

Purchase Details

Listed on
Aug 9, 2019
Closed on
Sep 30, 2019
Sold by
Edwards Terry L and Grannan William A
Bought by
Mulle Ryan and Mulle Sarah
Seller's Agent
Bill Grannan
Crystal Waters Realty Inc
Buyer's Agent
Yowceph Haddad
Keller Williams Realty Destin
List Price
$452,000
Sold Price
$452,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.36%
Original Mortgage
$429,400
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2019
Sold by
Selfridge Toney and Selfridge Linda
Bought by
Edwards Terry L and Grannan William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,400
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2004
Sold by
Adams Homes Of Northwest Florida Inc
Bought by
Selfridge Toney and Selfridge Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,320
Interest Rate
5.25%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nivdunge Bhagyashri Balasaheb $924,900 Mti Title Insurance Agency
Mulle Ryan $452,000 H & S Title And Escrow Inc
Edwards Terry L $333,000 Nautilus Title & Escrow
Selfridge Toney $227,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nivdunge Bhagyashri Balasaheb $786,100
Previous Owner Mulle Ryan $429,400
Previous Owner Edwards Terry L $266,400
Previous Owner Selfridge Toney $182,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2024 10/01/24 Sold $924,900 0.0% $560 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
08/05/2024 08/05/24 Price Changed $924,900 0.0% $560 / Sq Ft
07/11/2024 07/11/24 Price Changed $925,000 -0.5% $560 / Sq Ft
06/05/2024 06/05/24 For Sale $930,000 +105.8% $563 / Sq Ft
09/30/2019 09/30/19 Sold $452,000 0.0% $273 / Sq Ft View Prior Sale
08/16/2019 08/16/19 Pending -- -- --
08/09/2019 08/09/19 For Sale $452,000 -- $273 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,345 $702,230 $125,000 $577,230
2024 $4,560 $609,515 $125,000 $484,515
2023 $4,560 $382,162 $0 $0
2022 $4,231 $578,141 $45,898 $532,243
2021 $3,269 $360,122 $40,144 $319,978
2020 $2,617 $262,124 $36,727 $225,397
2019 $2,595 $261,331 $35,314 $226,017
2018 $2,558 $256,527 $0 $0
2017 $2,322 $234,311 $32,967 $201,344
2016 $2,288 $228,629 $0 $0
2015 $2,245 $223,928 $0 $0
2014 $2,167 $221,235 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 951592

Emerald Coast Association of REALTORS®

APN: 30-2S-21-42790-00C-0060

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