Beach Homes Realty
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145 marigot bay circle

Miramar Beach, FL 32550

4 BEDS 2 BATHS
0.17 AC LOT
Residential - Single Family
Image 1
Bedrooms 4
Total Baths 2
Acreage 0.17
Status Off Market
MLS # 983205
County Walton
More Info
Category Residential - Single Family
Status Off Market
Acreage 0.17
MLS # 983205
County Walton
'Manta Ray Getaway' is a proven performer—over $100,000 in rental income in past years—and positioned to earn even more with strategic upgrades. Located in Paradise Retreat, a gated community with exclusive 320-foot deeded Gulf access, this property offers what investors look for most: high demand, low competition, and clear growth potential. The Numbers Tell The Story: Sleeps 10 comfortably with 4 beds, 2 baths, and 2,047 sq. ft. — the largest floor plan in the neighborhood. Fully furnished and turnkey with new LVP flooring, upgraded kitchen appliances, and quartz countertops. Private heated L-shaped pool, BBQ station, tanning deck, and space for easy-to-add, high-ROI amenities like a hot tub, putting green, or cornhole court. Upside Built In Already: Two large living areas, one converted into a game roomarcade games and foosball that keep occupancy high and reviews strong. Recent major updates: new roof & pool pump motor (2021), new fence (2020), water heater (2019). No flood insurance required and low HOA fees increase net returns. The Bottom Line: With its proven track record, income-boosting potential, and premium beach access, "Manta Ray Getaway" offers both immediate cash flow and long-term appreciation. It's also an outstanding option as a second home or even a full-time residencegiving you the flexibility to enjoy the property yourself while it works for you.
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Exterior Features

  • Style Ranch
  • Construction Single Family
  • Exterior Lawn Pump, Sprinkler System
  • Garage No
  • Garage Description 2
  • Sewer Public Sewer
  • Lot Dimensions approx 50X109
  • Lot Description Covenants, Interior, Restrictions, Sidewalk, Within 1/2 Mile to Water

Interior Features

  • Appliances Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Gas
  • Heating Central
  • Year Built 2004

Neighborhood & Schools

  • Subdivision PARADISE RETREAT
  • Elementary School Van R Butler
  • Middle School Emerald Coast
  • High School South Walton

Financial Information

  • Parcel ID 30-2S-21-42790-00D-0030
  • Zoning Resid Single Family

Listing Information

Properties displayed may be listed or sold by various participants in the MLS.