87 Marigot Bay Cir

Miramar Beach, FL 32550
List Price
$949,000
87 Marigot Bay Cir
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Coastal Getaway | Steps to Private Beach | Gated & Spacious

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Destin, FL

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Savvy Recommended Upgrades

Elevated high-end design/décor updates and accent walls for luxury coastal appeal

Est. $10,000

Convert garage to game room or theatre room for premium guest entertainment

Est. $15,000

Add epic outdoor lighting to pool area for elevated nighttime ambiance

Est. $5,000

Add golf cart for guest convenience

Est. $12,000

About This Property

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.

family-friendly
pet-friendly
beach
pool
game room
home theater

Property Details

4
Bedrooms
3
Bathrooms
1,848
Square Feet
2004
Year Built
0.16 ac
Lot Size
Single Family
Property Type

Why I Like This Property

“This property stands out because of its excellent location, strong rental history, and potential for above-market returns.”

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Phillip Munoz
Phillip Munoz
Savvy STR Agent

Your Agent

Phillip Munoz

Phillip Munoz

STR Investment Specialist

Emerald Coast, FL

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Listing agent: Poole Group. Listing courtesy of Douglas Elliman. Information deemed reliable but not guaranteed.

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