20 Sandy Beach Rd Miramar Beach, FL 32550
Miramar Beach NeighborhoodEstimated payment $27,475/month
Highlights
- Property fronts gulf or ocean
- Heated In Ground Pool
- Covered Deck
- Van R. Butler Elementary School Rated A-
- 0.56 Acre Lot
- Newly Painted Property
About This Home
Seaspray: Gulf-Front Investment Opportunity Welcome to Seaspray, a spacious nine-bedroom beachfront estate located on over half an acre in beautiful Miramar Beach. This property is ideal for large family reunions or as a lucrative investment opportunity, with an impressive rental income potential of $300K annually. With a private pool and breathtaking Gulf views, Seaspray captures the essence of coastal living.
Main House: The six-bedroom, five-and-a-half-bathroom main residence offers a relaxed, functional layout for entertaining and vacationing: The first floor includes four bedroom suites, each with private bathrooms. These rooms range in style and feature two King Master Suites with views of the pool and Gulf, along with another King Suite and a children's bunk room with queen bunks and a queen trundle.
Upstairs, the open living area provides expansive Gulf views through large windows. This space includes a vaulted ceiling, comfortable seating, a dining area for eight, and a practical kitchen with two refrigerators and two dishwashersperfect for preparing meals for a crowd. Additional sleeping spaces on this floor include another King Master Suite and a guest room with queen bunks.
Guest Cottage: The charming guest house includes three bedrooms and two bathrooms:
On the first floor, you'll find a King Master Suite with access to a full hall bathroom and an open living area connected to the kitchen and dining space.
Upstairs, two Queen Guest Bedrooms share a full bathroom, offering privacy and comfort for additional guests.
Upgrades & Features: The property includes several recent updates for added convenience:
Trex decking and a pool deck remodel (2021)
New roofs (Main House: 2016, Cottage: 2023)
Tile flooring in the Cottage (2022)
Updated kitchens (2020), including built-in media-ready queen bunks installed in 2019
Additional Highlights:
Located on a private drive (Sandy Beach Road), with verified legal documentation ensuring privacy and towing for unauthorized parking.
Ownership extends to the mean high water mark, with supporting documentation available, offering significant Gulf-front property rights.
Seasonal beach service with three complimentary setups provides easy access to the stunning shoreline.
Endless Potential: Seaspray offers an exceptional opportunity as both a vacation retreat and an income-generating property. Its prime location, ample space, and desirable features make it an investment worth considering for those seeking to enjoy or profit from the Gulf Coast lifestyle.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,818
Year Built
- Built in 1996 | Remodeled
Lot Details
- 0.56 Acre Lot
- Lot Dimensions are 50x485
- Property fronts gulf or ocean
- Property fronts a private road
- Property fronts a county road
- Property fronts an easement
- Street terminates at a dead end
- Privacy Fence
- The community has rules related to exclusive easements
Home Design
- Beach House
- Newly Painted Property
- Off Grade Structure
- Frame Construction
- Metal Roof
- Wood Trim
- Vinyl Siding
Interior Spaces
- 4,090 Sq Ft Home
- 2-Story Property
- Furnished
- Crown Molding
- Vaulted Ceiling
- Ceiling Fan
- Recessed Lighting
- Living Room
- Gulf Views
- Fire and Smoke Detector
- Washer
Kitchen
- Walk-In Pantry
- Electric Oven or Range
- Cooktop
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- En-Suite Primary Bedroom
- Shower Only
Pool
- Heated In Ground Pool
- Outdoor Shower
Schools
- Van R Butler Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Multiple Water Heaters
- Electric Water Heater
- Cable TV Available
Additional Features
- Covered Deck
- Flood Insurance May Be Required
Listing and Financial Details
- Assessor Parcel Number 34-2S-21-42000-019-0010
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $21,489 | $2,498,009 | $1,600,520 | $897,489 |
| 2023 | $21,489 | $2,335,851 | $0 | $0 |
| 2022 | $20,808 | $2,381,006 | $1,671,178 | $709,828 |
| 2021 | $18,983 | $1,992,500 | $1,461,713 | $530,787 |
| 2020 | $17,519 | $1,754,959 | $1,337,284 | $417,675 |
| 2019 | $17,037 | $1,719,428 | $1,285,850 | $433,578 |
| 2018 | $15,602 | $1,573,246 | $0 | $0 |
| 2017 | $14,649 | $1,538,037 | $1,116,438 | $421,599 |
| 2016 | $13,657 | $1,438,007 | $0 | $0 |
| 2015 | $11,883 | $1,169,017 | $0 | $0 |
| 2014 | $11,071 | $1,073,878 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/19/2025 04/19/25 | For Sale | $4,800,000 | -- | $1,174 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $1,300,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,132,200 | New Conventional | |
| Closed | $1,300,000 | New Conventional | |
| Closed | $1,300,000 | No Value Available |
Source: Emerald Coast Association of REALTORS®
MLS Number: 974332
APN: 34-2S-21-42000-019-0010
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