257 Driftwood RD #20 Miramar Beach, FL 32550
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Key Details
Property Type Single Family Home
Sub Type Attached Single Unit
Listing Status Active
Purchase Type For Sale
Square Footage 2,610 sqft
Price per Sqft $360
Subdivision Driftwood Drive Townhomes
MLS Listing ID 1006783
Style Townhome
Bedrooms 5
Full Baths 4
HOA Fees $1,000/qua
HOA Y/N Yes
Year Built 2017
Annual Tax Amount $7,653
Tax Year 2025
Property Sub-Type Attached Single Unit
Source Emerald Coast Association of REALTORS®
Land Area 2610
Property Description
Built in 2017, this fully furnished luxury townhome offers the space of a single-family home with the convenience of HOA-provided lawn and pool care. True craftsmanship is evident throughout, featuring nine-foot ceilings with crown molding, natural oak hardwood floors, porcelain tile, 8' baseboards, impact-rated windows, Trex decking, and durable fiber-cement construction. Engineered to comfortably accommodate up to 12 guests, the smart three-story layout maximizes space and flow. The first floor features a spacious king bedroom, custom built-in bunk room, full bath, private grill patio, the first of two washer/dryers, and the attached two-car garage with tile floor and insulated garage door. The second floor is an entertaining hub flooded with natural light, boasting an expansive open living area, a chef's kitchen with custom cabinetry, granite countertops, stainless appliances, an oversized wood island table, and a guest bedroom with a private balcony and shared bath. The third level serves as an owner's sanctuary, featuring a sprawling primary suite with a huge walk-in closet, a deep garden tub, and an oversized double-head shower. The third level also has another bedroom, en-suite bath, as well as the second washer/dryer set. The coastal-inspired furnishings throughout the home will convey to the new buyer.
This high-capacity, luxury design is exactly why the numbers are so compelling for investors. While the property grossed over $62,000 in 2025, that figure reflects heavy owner usage during peak holiday weeks. Because the current owners prioritized the property as a well-maintained second home rather than a pure rental, a dedicated investor can expect annual projections to far exceed current performance. The rental manager has exceptional Airbnb reviews and would be happy to continue managing, providing immediate bookings and income. Additionally, the quarterly HOA dues are remarkably low at only $1,000/quarter. This efficiently covers lawn maintenance, trash, and the heated community pool, which keeps vacationers happy and profits strong.
That exceptional income potential is driven by a fantastic coastal location. Unit 20 sits as the closest unit to the shore in the entire complex! It is only about 0.2 miles from the sugar-white sands of the Miramar Beach Regional Access by Pompano Joe's. This prime location places the property just minutes from world-class shopping at Silver Sands Premium Outlets, upscale dining and entertainment at Grand Boulevard and the Village of Baytowne Wharf, and top-rated coastal attractions along the coast. Offering the ultimate combination of size, location, builder quality, and cash-flow potential, Unit 20 represents a top tier investment in Miramar Beach. Schedule your showing today. A video tour is also available.
Location
State FL
County Walton
Community Short Term Rental - Allowed, Dumpster, Pool
Area 15 - Miramar/Sandestin Resort
Zoning Resid Multi-Family
Direction From 98, turn south on Driftwood Rd. Turn right at Driftwood Townhomes. Unit 20 is the one closest to the beach. End unit.
Rooms
Primary Bedroom Level Upper
Master Bedroom true
Kitchen true
Interior
Interior Features Breakfast Bar, Ceiling Crwn Molding, Kitchen Island, Owner's Closet, Washer/Dryer Hookup, Woodwork Painted
Heating Central
Cooling Central Air
Flooring Floor Hardwood, Floor Tile
Furnishings Furnished - All
Window Features Window Treatment All
Appliance Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer, Water Heater - Elect
Exterior
Exterior Feature BBQ Pit/Grill, Open Patio, Open Deck, BBQ / Grill
Garage Spaces 2.0
Pool Pool Type
Community Features Short Term Rental - Allowed, Dumpster, Pool
Utilities Available Electric, Public Water, TV Cable, Underground
Street Surface Paved
Porch Deck Open, Patio Open
Garage Yes
Building
Lot Description Dead End, Within 1/2 Mile to Water
Faces From 98, turn south on Driftwood Rd. Turn right at Driftwood Townhomes. Unit 20 is the one closest to the beach. End unit.
Story 3
Sewer Public Sewer
Architectural Style Townhome
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, Trash
Tax ID 30-2S-21-42950-000-0200
NEARBY SCHOOL & BUSINESS
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