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Step 1
Line a 9x9-inch baking dish with parchment paper, leaving 1-2 inches hanging over the sides.
Step 2
Place a medium saucepan over medium heat and combine butter and sugar until butter is melted and sugar dissolved.
Step 3
Stir in condensed milk and corn syrup, and bring to a boil. Continue to stir constantly and reduce heat to low. Cook mixture until it’s an amber color, about 8 minutes.
Step 4
Stir in vanilla extract and cook for another 1-2 minutes, or until caramel is a deep amber color.
Step 5
Pour into lined baking dish, sprinkle with sea salt (if using) and let cool.
Step 6
Once set, slice caramel into thin strips. Wrap caramels in wax paper or serve as is!