20 Sandy Beach Road, Miramar Beach, FL 32550

$4,800,000

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… Read More 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. Read Less

Courtesy of Chris Taylor, Ocean Reef Realty Inc, 850-797-5400

Listing Snapshot

Days Online

Last Updated

May 31, 2025

Beds

Square Ft.

4,090

Lot Size

0.56 Acres

Year Built

1996

MLS Number

974332

30 Days Snapshot Of 32550

$501k

-22%

(avg) sold price

-14%

homes sold

204

+44%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road frontage: "County Road", "Easement", "Private Road", Road surface: "Paved"

Building

Architectural style: "Beach House", Total area: 4,090, Built in 1996

Cooling

"Ceiling Fans", "Central Air"

Exterior Features

"Deck Covered", "Deck Open", "Renovated", "Shower"

Fence

"Fenced Privacy"

Heating

"Central"

Interior Features

"Ceiling Crwn Molding", "Ceiling Raised", "Ceiling Vaulted", "Kitchen Island", "Lighting Recessed", "Newly Painted", "Pantry"

Lot

0.56 acres, 24,394 square feet, Area: 1, "Dead End", "Easements", "Flood Insurance Req", "Within 1/2 Mile to Water"

Property

View: "Gulf", "Gulf"

Taxes

Annual amount: $22,818

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20 Sandy Beach Road

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