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Gulf-Front Estate Investment Opportunity

20 Sandy Beach Rd, Miramar Beach, FL 32550

For Sale
$4,650,000
Pending

Nine-bedroom beachfront estate with rental income potential.

Property Size4,090 SF
Lot Size0.56 Acres
Days on Market351

Property Features for 20 Sandy Beach Rd

General Information

Standard status Pending
Size 4,090 SF
Lot size 0.56 Acres
Property subtype Other

Taxes and HOA fees

Annual Taxes $22,817

Building Details

Building Size 4,090 SF
Year Built 1996
Stories 2
Listing Agency: Ocean Reef Realty Inc
Listed By: Chris Taylor · License FL #3045239
Source: Elliman
Added: Nov 27, 2025 Changed: Nov 2 Last Checked: Nov 10 at 7:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ocean Reef Realty Inc

Rey
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Investment Insights

Based on property information with market context.

Seaspray is a nine-bedroom beachfront estate situated on over half an acre in Miramar Beach. The property is suitable for large family gatherings or as an investment opportunity. It has a rental income potential of $300,000 annually. The property includes a private pool and Gulf views. The main residence features six bedrooms and five-and-a-half bathrooms, with a functional layout for entertaining and vacationing.

Key Highlights

  • Gulf‑front property with breathtaking views
  • High rental income potential of $300K annually
  • Spacious nine‑bedroom estate on over half an acre

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Hotels

Suggested Use

Top Pick Dental Office Auto Repair Shop Law Firm HVAC Service Parking Lot & Garage Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

562
Businesses Nearby

Demographics for 32550, FL

7,828
Population
14,909
Households
0.5
Avg Household Size
58
Median Age
55%
College-Educated
98%
High-School Grad
7.0 sq mi
ZIP Area
1,118
Density / Sq Mi
$96,269
Median Household Income
$60,634
Median Earnings
$2,108
Median Rent
$679,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Hotel - Nine-bedroom beachfront estate with rental income potential.
Where is this hotel located?
The property is located at 20 Sandy Beach Rd Miramar Beach, FL.
What is the asking price?
The asking price for this property is $4,650,000.
What are key features of this property?
This property features: Gulf‑front property with breathtaking views; High rental income potential of $300K annually; Spacious nine‑bedroom estate on over half an acre
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