20 Sandy Beach Road, Miramar Beach

$4,650,000

9 Beds
8 Baths
4,090 Sqft
.56 Acres
0 Garages

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.

Essential Information
MLS® #974332
Price$4,650,000
Bedrooms9
Bathrooms8.00
Full Baths7
Half Baths1
Square Footage4,090
Acres0.56
Year Built1996
TypeResidential
Sub-TypeDetached Single Family
StyleBeach House
StatusActive
Community Information
Address20 Sandy Beach Road
Area15 - Miramar/Sandestin Resort
SubdivisionMETES & BOUNDS
CityMiramar Beach
CountyWalton
StateFL
Zip Code32550
Amenities
ViewGulf
Is WaterfrontYes
WaterfrontGulf
Has PoolYes
PoolHeated, In Ground
Utilities

Electric, Public Sewer, Public Water, TV Cable

Interior
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
# of Stories2
Interior Features

Crown Molding, Vaulted Ceiling(s), Kitchen Island, Recessed Lighting, Newly Painted, Pantry

Appliances

Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Water Heater

Exterior
Exterior FeaturesOutdoor Shower
RoofMetal
Lot Description

Dead End, Easements, Flood Insurance Req, Within 1/2 Mile to Water

Construction

Foundation Off Grade, Frame, Siding Vinyl, Trim Wood

School Information
ElementaryVan R Butler
MiddleEmerald Coast
HighSouth Walton
Additional Information
Days on Website326
ZoningResid Single Family
Listing Details
OfficeOcean Reef Realty Inc
Property History
Price Reduced from $4,800,000 to $4,650,000
LISTING MAP

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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.
Vendors Member Number : 28325

Listing information last updated on March 10th, 2026 at 10:52pm CDT.