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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.
Data source: Emerald Coast Association of REALTORS®
Team Turner (Counts Real Estate Group) can set up a private showing or send you full details.
Request a showingClosest public beach access:
This is general information to help you plan, not legal advice about any specific property. Beach access in Walton County is set parcel by parcel and can change. Confirm where you can go with the county property appraiser and access map, and with your rental manager, before heading out.
$4,749,000
4 bd · 3 ba · 4,250 sf
3217 Bay Estates Circle, Miramar Beach, FL 32550
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$4,500,000
6 bd · 8 ba · 4,595 sf
274 Overlook Drive, Miramar Beach, FL 32550
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$4,500,000
6 bd · 4 ba · 3,796 sf
46 S Overlook Circle, Miramar Beach, FL 32550
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$4,495,000
4 bd · 4 ba · 4,136 sf
3326 Club Drive, Miramar Beach, FL 32550
No photo
$4,490,000
6 bd · 5 ba · 4,586 sf
200 Overlook Drive, Miramar Beach, FL 32550
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$4,400,000
4 bd · 6 ba · 6,568 sf
3127 Merion Drive, Miramar Beach, FL 32550
Counts Real Estate Group
Courtesy of Ocean Reef Realty Inc · Chris Taylor · ttaylor@oceanreefresorts.com
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Counts Real Estate Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Listing data last updated 2026-08-23 18:31:17.