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145 Marigot Bay Circle, Miramar Beach, FL 32550

Beds
4
Baths
2
Sqft
2,047
Garage
Yes
Pool
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byKeller Williams Realty Destin
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Overview

'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.

Location

Full feature list

Basic info

Property type
House
Number of stories
1
Number of bedrooms
4
Number of bathrooms
2
Square feet
2,047
Lot size (acres)
0.17
Year built
2004

Exterior features

Pool
Yes
Area amenities
Gated Community

Garage and parking

Garage parking spaces
2

Utilities

Heating
Central, Natural gas, Electric
Cooling
Central air, Ceiling fan(s), Electric
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2024)
$6,162.88

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Emerald Coast Association of REALTORS MLS®#: 983205

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