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145 Marigot Bay Circle, Miramar Beach, FL 32550

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For Sale

$950,000

4 beds • 2 baths • 2,047 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $464.09
    Price per square foot

  • 21-30 Years Old
    Age

Explore this Property

'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 room arcade 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 residence giving you the flexibility to enjoy the property yourself while it works for you.
MLS# 983205

Courtesy Of Keller Williams Realty- Emerald Coast

(850) 654-2900

Property Features

  • Age
    21-30 Years Old
  • Amenities
    Patio, Sprinkler System, Ceiling Fan
  • Appliances
    Dishwasher, Dryer, Garbage Disposer, Microwave, Refrigerator, Washer
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s)
  • Exterior Type
    Brick
  • Floor Covering
    Tile
  • Lot Size
    0.17 Acres
  • Rooms
    Dining Room, Great Room

Map and Directions

Directions to 145 Marigot Bay Circle, Miramar Beach, FL 32550

Home seller CENTURY 21 AllPoints Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 AllPoints Realty

(850) 837-7800
Learn More About Us

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Monthly Payment Breakdown

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Copyright © 2025 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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