257 Driftwood RD ## 16 Miramar Beach, FL 32550
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Attached Single Unit
Listing Status Active
Purchase Type For Sale
Square Footage 2,281 sqft
Price per Sqft $357
Subdivision Driftwood Drive Townhomes
MLS Listing ID 988336
Style Contemporary
Bedrooms 4
Full Baths 4
HOA Y/N Yes
Year Built 2017
Annual Tax Amount $7,095
Tax Year 2024
Property Sub-Type Attached Single Unit
Source Emerald Coast Association of REALTORS®
Land Area 2281
Property Description
Sold unfurnished, it's a blank canvas ready for your design vision. Convert the first-floor bedroom into a game room or media suite that grabs attention in your rental photos. Reconfigure the upper bedrooms with bunks and a sleeper sofa to comfortably sleep up to 12 guestsa setup proven to generate $100K+ annually based on nearby comps.
High-quality finishes throughoutoak hardwood floors, porcelain tile, custom maple island, soft-close cabinetry, crown molding, impact-rated windows and doors, and a metal roof. The community pool is just steps away, and the Pompano Joe's Regional Beach Access #49 is a short stroll, offering restrooms, showers, lifeguards, and one of Walton County's widest stretches of public beach.
Guests love the walkable location near restaurants, coffee shops, and entertainmentdriving higher occupancy, stronger reviews, and repeat bookings. With low HOA fees, solid construction, and consistent rental demand, this property checks every box for investors, 1031 exchangers, or second-home buyers looking to build wealth while renters pay the mortgage.
Highlights:
4 BR / 4 BA | 2,018 sq ft
$100K+ potential annual income
Private garage (rare for this area)
Steps to the community pool
3 blocks to beach access with lifeguards & restrooms
Proven rental corridor in Miramar Beach
Low HOA fees, impact windows, brick paver drive
Whether you're expanding a portfolio, completing a 1031 exchange, or searching for a high-performing vacation rental, 257 Driftwood #16 offers the perfect blend of lifestyle, location, and leveraged wealth building on Florida's Emerald Coast.
Location
State FL
County Walton
Community Bbq Pit/Grill, Dumpster, Pets Allowed, Pool
Area 15 - Miramar/Sandestin Resort
Zoning Resid Multi-Family
Direction Turn South onto Driftwood Rd if coming from Hwy 98 or North if coming from Scenic Hwy 98. Townhomes will be on the West side of the street. Unit 1 is the 1st Unit on the right side of the complex.
Rooms
Primary Bedroom Level Upper
Master Bedroom true
Kitchen true
Interior
Interior Features Ceiling Crwn Molding, Lighting Recessed, Owner's Closet
Heating Central
Cooling Ceiling Fans, Central Air
Flooring Floor Hardwood, Floor Tile
Furnishings Furnished - All
Window Features Window Treatment All
Appliance Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Washer, Water Heater - Elect
Exterior
Exterior Feature Balcony, BBQ Pit/Grill, Fenced Lot (Partial), BBQ / Grill, Balcony
Garage Spaces 1.0
Fence Fenced Lot-Part
Pool Pool Type
Community Features BBQ Pit/Grill, Dumpster, Pets Allowed, Pool
Utilities Available Electric, Public Water, TV Cable, Underground
Roof Type Dimensional Shingle
Garage Yes
Building
Faces Turn South onto Driftwood Rd if coming from Hwy 98 or North if coming from Scenic Hwy 98. Townhomes will be on the West side of the street. Unit 1 is the 1st Unit on the right side of the complex.
Story 3
Sewer Public Sewer
Architectural Style Contemporary
New Construction No
Schools
Elementary Schools Van R Butler
Middle Schools Emerald Coast
High Schools South Walton
Others
Pets Allowed No
HOA Fee Include Ground Keeping,Master Association,Recreational Faclty
Tax ID 30-2S-21-42950-000-0160
Miscellaneous INVESTORS! ✅ 3 Blocks to the Beach ✅ $100K+ Income Potential ✅ Rare Private Garage. This modern 4BR/4BA Miramar Beach townhome offers what investors want most—location, income, and upside. Just a short walk to the Gulf, this property delivers exceptional rental potential with flexible sleeping setups, quality finishes, and strong guest appeal. Add a game room, sleep 12, and watch bookings soar. Low HOA fees, impact windows, community pool, and unbeatable proximity to Pompano Joe's public beach access. High demand, low supply—this is the one to own.
Security Features Fire Alarm/Sprinkler
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