87 Marigot Bay Circle, Miramar Beach, FL 32550

$949,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 1,848 Lot Size (sq. ft.): 6,970 Status: Active
Current Price: $949,000 List Date: 5/22/2026 Last Modified: 6/05/2026

Overview

Description

Fully furnished, fully renovated, & rental-ready, this stunning 4-bedroom + bunk room, 3-bath home with a private pool is in the highly sought-after beachside community of Paradise Retreat. Paradise Retreat features both north and south gate entrances and 320 feet of private deeded beach access. One of the community's most desirable split-bedroom floor plans, this home is ideal as a primary residence, second home, long-term rental, or high-performing vacation rental with projected annual gross rental income of approximately $85,000. Inside, the spacious layout with tile plank flooring throughout, includes a large kitchen, breakfast nook, dining area and an open great room that flows to the covered patio and pool area. The primary suite overlooks the backyard and features a private ensuite bath. On the opposite side of the home, you'll find three guest bedrooms, a bunk room, and two additional full baths, plenty of space for family and guests. The outdoor living area is designed for re ...

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Listing Details MLS# 1003798

Contract Info

List Price/SqFt
513.53
Listing Board
Emerald Coast

Location Tax and Legal

Area
15 - Miramar/Sandestin Resort
Street #
87
Street Name
Marigot Bay
Street Suffix
Circle
State
FL
Zip Code
32550
County
Walton
Project Name/Subdivision
PARADISE RETREAT
Parcel ID
30-2S-21-42790-00D-0110

General Property Info

Sub-Type
Detached Single Family
Design
Traditional
Apx SqFt(Htd/Cooled)
1848
SqFt Source
County PA Records
Full Baths
3
Total Bathrooms
3
# Stories
Yes
Year Built
2004
Immediate Occupancy
Yes
Garage
Yes
Carport
No
Garage Spaces
2
Driveway Spaces
2
userdefined76
4
Acreage
0.16
Pool
Yes
Pool Type
Private

Lot Features

Coastal Barrier Zone
Yes
Covenants
Yes
Restrictions
Yes
Sidewalk
Yes
Survey Available
Yes
Within 1/2 Mile to Water
Yes

Location, Tax and Legal

Sub Area
1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort
Elementary School
Van R Butler
Middle School
Emerald Coast
High School
South Walton
Legal Description
Lot 11 Blk D Paradise Retreat Pb 15-72 Or 2638-564 Or 2650-356 Or 3086-2435 Or 3157-3477

More Information

Listing Info, Tax & Legal

Homestead
No
Is Subject Leased
No
Assessment Fees
Yes
Assessment Amount
1360
Annual Assessment Amount
1360
Assessment Paid
Annually
New Buyer Fee
Yes
New Buyer Fee Amt
1360
New Buyer Fee Paid
$
Last Taxes
5385.06
Last Tax Year
2025
Brokerage Interest
No Interest
As Is
No

Remarks & Misc

Remarks
Fully furnished, fully renovated, & rental-ready, this stunning 4-bedroom + bunk room, 3-bath home with a private pool is in the highly sought-after beachside community of Paradise Retreat. Paradise Retreat features both north and south gate entrances and 320 feet of private deeded beach access. One of the community's most desirable split-bedroom floor plans, this home is ideal as a primary residence, second home, long-term rental, or high-performing vacation rental with projected annual gross rental income of approximately $85,000. Inside, the spacious layout with tile plank flooring throughout, includes a large kitchen, breakfast nook, dining area and an open great room that flows to the covered patio and pool area. The primary suite overlooks the backyard and features a private ensuite bath. On the opposite side of the home, you'll find three guest bedrooms, a bunk room, and two additional full baths, plenty of space for family and guests. The outdoor living area is designed for relaxation and entertaining, complete w/ paver stones, polywood lounge chairs, tables, fully fenced and an additional separately fenced side yard perfect for pets or game area. The home also backs up to a wooded preserve for added privacy and is one of only 16 homes in the circle with an oversized backyard. Brand-new driveway pavers, brand new extended backyard pavers, brand-new HVAC system being installed June 11th, and a brand-new roof to be installed prior to closing.

Construction Status

Construction Complete
Yes

Parking Features

Garage Attached
Yes

Lot/Parcel Access

Paved Road
Yes
Private Road
Yes

Project Facilities

Beach
Yes
Deed Access
Yes
Gated Community
Yes
Pets Allowed
Yes
Short Term Rental - Allowed
Yes

Construction/Siding

Brick
Yes
Roof Dimensional Shg
Yes
Slab
Yes

Utilities

Electric
Yes
Gas - Natural
Yes
Public Sewer
Yes
Public Water
Yes
TV Cable
Yes

Zoning

Resid Single Family
Yes

Exterior

Fenced Back Yard
Yes
Fenced Privacy
Yes
Lawn Pump
Yes
Patio Covered
Yes
Pool - In-Ground
Yes
Renovated
Yes
Sprinkler System
Yes

Interior

Breakfast Bar
Yes
Ceiling Vaulted
Yes
Floor Tile
Yes
Furnished - All
Yes
Lighting Recessed
Yes
Pantry
Yes
Renovated
Yes
Split Bedroom
Yes
Washer/Dryer Hookup
Yes
Window Treatment All
Yes
Woodwork Painted
Yes

Financing

Conventional
Yes

Appliances

Auto Garage Door Opn
Yes
Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Refrigerator
Yes
Refrigerator W/IceMk
Yes
Smoke Detector
Yes
Stove/Oven Electric
Yes
Washer
Yes

Energy

AC - Central Elect
Yes
Ceiling Fans
Yes
Heat Cntrl Electric
Yes
Water Heater - Gas
Yes

Mstr Bdrm/Mstr Bath

MBath Double Vanity
Yes
MBath Garden Tub
Yes
MBath Separate Shwr
Yes
MBath Tile
Yes
MBed First Floor
Yes
MBed Walk-in Closet
Yes

Master Bedroom

First
Yes

Bedroom

First
Yes

Kitchen

First
Yes

Living Room

First
Yes

Full Bathroom

First
Yes

Rooms

Bedroom
Yes
Breakfast Room
Yes
Covered Porch
Yes
Dining Room
Yes
Foyer
Yes
Full Bathroom
Yes
Garage
Yes
Kitchen
Yes
Laundry
Yes
Living Room
Yes
Master Bathroom
Yes
Master Bedroom
Yes
Other
Yes

Fees Include

Accounting
Yes
Land Recreation
Yes
Management
Yes
Master Association
Yes

Property Features

Construction Status: Construction Complete Lot Features: Covenants; Restrictions; Sidewalk; Survey Available; Within 1/2 Mile to Water Zoning: Resid Single Family Parking Features: Garage Attached Project Facilities: Beach; Deed Access; Gated Community; Pets Allowed; Short Term Rental - Allowed Exterior: Fenced Back Yard; Fenced Privacy; Lawn Pump; Patio Covered; Pool - In-Ground; Renovated; Sprinkler System Interior: Breakfast Bar; Ceiling Vaulted; Floor Tile; Furnished - All; Lighting Recessed; Pantry; Renovated; Split Bedroom; Washer/Dryer Hookup; Window Treatment All; Woodwork Painted Appliances: Auto Garage Door Opn; Dishwasher; Dryer; Microwave; Refrigerator; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Electric; Washer Utilities: Electric; Gas - Natural; Public Sewer; Public Water; TV Cable Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Gas Master Bedroom: First Bedroom: First Kitchen: First Living Room: First Full Bathroom: First Rooms: Bedroom; Breakfast Room; Covered Porch; Dining Room; Foyer; Full Bathroom; Garage; Kitchen; Laundry; Living Room; Master Bathroom; Master Bedroom; Other Financing: Conventional Fees Include: Accounting; Land Recreation; Management; Master Association

Room Information

Room Name Level Dimensions Length Width Remarks
Living Room First 23 x 12 23.00 12.00
Kitchen First 16.3 x 19 16.30 19.00
Breakfast Room First 6.4 x 8.9 6.40 8.90
Dining Room First 12.6 x 10.6 12.60 10.60
Master Bedroom First 12.8 x 15.8 12.80 15.80
Master Bathroom First 12.2 x 12.6 12.20 12.60
Bedroom First 11.1 x 12.2 11.10 12.20
Bedroom First 10.5 x 12 10.50 12.00
Bedroom First 11.1 x 12.6 11.10 12.60
Full Bathroom First 8.3 x 5 8.30 5.00
Foyer First 6.3 x 9.6 6.30 9.60
Garage First 19.6 x 19.6 19.60 19.60
Laundry First 6 x 6.9 6.00 6.90
Covered Porch First 8 x 12.3 8.00 12.30
Other First 16 x 8 16.00 8.00 POOL
Listing Office: Douglas Elliman
Last Updated: June - 05 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.