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Destin Homes, Miramar BeachPublished September 22, 2025
Just Sold 145 Marigot Bay Circle
Just Sold: "Manta Ray Getaway" – A Proven Income Producer with Even More Potential
We’re excited to share the sale of Manta Ray Getaway, a property that checks all the boxes for savvy beach investors and second-home buyers alike.
Why This Property Stands Out
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High Rental Performance: Over $100,000 in rental income in past years with potential to earn even more through strategic upgrades.
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Prime Location: Nestled in Paradise Retreat, a gated community with 320 feet of exclusive deeded Gulf access, offering both privacy and premium beach convenience.
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Low Competition, High Demand: The perfect formula for strong returns and minimal vacancy.
The Property Details
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4 Bedrooms | 2 Baths | 2,047 Sq. Ft. – The largest floor plan in the neighborhood.
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Sleeps 10 comfortably, fully furnished, and turnkey.
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New LVP flooring, quartz countertops, and upgraded kitchen appliances.
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Private heated L-shaped pool, BBQ station, tanning deck, plus easy potential for high-ROI upgrades like a hot tub or putting green.
Built-In Upside
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Two living areas, one converted into a game room with arcade games & foosball to boost guest experience and keep occupancy high.
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Major updates already complete:
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New roof & pool pump motor (2021)
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New fence (2020)
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Water heater (2019)
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No flood insurance required and low HOA fees for higher net returns.
The Bottom Line
Manta Ray Getaway combines a proven rental track record with clear growth potential. Whether as an investment, a vacation home, or a full-time residence, this property delivers both immediate income and long-term value—all within steps of the sugar-white sand and emerald waters of the Gulf.
