$4,650,000
20 Sandy Beach Road, Miramar Beach, FL 32550 · Miramar Beach
Seaspray: Gulf-Front Investment Opportunity Welcome to Seaspray, a spacious nine-bedroom beachfront estate located on over half an acre in beautiful Miramar Beach. This property is ideal for large family reunions or as a lucrative investment opportunity, with an impressive rental income potential of $300K annually. With a private pool and breathtaking Gulf views, Seaspray captures the essence of coastal living. Main House: The six-bedroom, five-and-a-half-bathroom main residence offers a relaxed, functional layout for entertaining and vacationing: The first floor includes four bedroom suites, each with private bathrooms. These rooms range in style and feature two King Master Suites with views of the pool and Gulf, along with another King Suite and a children's bunk room with queen bunks and a queen trundle. Upstairs, the open living area provides expansive Gulf views through large windows. This space includes a vaulted ceiling, comfortable seating, a dining area for eight, and a practical kitchen with two refrigerators and two dishwashersperfect for preparing meals for a crowd. Additional sleeping spaces on this floor include another King Master Suite and a guest room with queen bunks. Guest Cottage: The charming guest house includes three bedrooms and two bathrooms: On the first floor, you'll find a King Master Suite with access to a full hall bathroom and an open living area connected to the kitchen and dining space. Upstairs, two Queen Guest Bedrooms share a full bathroom, offering privacy and comfort for additional guests. Upgrades & Features: The property includes several recent updates for added convenience: Trex decking and a pool deck remodel (2021) New roofs (Main House: 2016, Cottage: 2023) Tile flooring in the Cottage (2022) Updated kitchens (2020), including built-in media-ready queen bunks installed in 2019 Additional Highlights: Located on a private drive (Sandy Beach Road), with verified legal documentation ensuring privacy and towing for unauthorized parking. Ownership extends to the mean high water mark, with supporting documentation available, offering significant Gulf-front property rights. Seasonal beach service with three complimentary setups provides easy access to the stunning shoreline. Endless Potential: Seaspray offers an exceptional opportunity as both a vacation retreat and an income-generating property. Its prime location, ample space, and desirable features make it an investment worth considering for those seeking to enjoy or profit from the Gulf Coast lifestyle.
MLS #974332
Listing courtesy of Ocean Reef Realty Inc.
MLS data updated November 12, 2026.
Listing information is provided by the Emerald Coast MLS through the Internet Data Exchange (IDX) program of the Emerald Coast Association of REALTORS® (ECAR) and the Navarre Area Board of REALTORS® (NABOR). Information is deemed reliable but not guaranteed and should be independently verified. Listings are for consumers’ personal, non-commercial use and may not be reproduced or redistributed.