257 Driftwood RD #10 Miramar Beach, FL 32550
5 Beds
4 Baths
2,610 SqFt
UPDATED:
Key Details
Property Type Single Family Home, Townhouse
Sub Type Attached Single Unit
Listing Status Active
Purchase Type For Sale
Square Footage 2,610 sqft
Price per Sqft $350
Subdivision Driftwood Drive Townhomes
MLS Listing ID 1014074
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
Lot Size 1,306 Sqft
Acres 0.03
Property Sub-Type Attached Single Unit
Source Emerald Coast Association of REALTORS®
Land Area 2610
Property Description
The revenue figures make this an investor's dream: the property has grossed just under $90,000 annually even with owner usage, while professional management projections reach $130,000. Operating overhead is remarkably low to protect your bottom line. Situated in desirable Flood Zone X, the home features modern construction with impact-rated windows, durable fiber-cement siding, and Trex decking, offering long-term durability and the potential for maximum wind mitigation insurance discounts.
Combined with remarkably low HOA dues of just $1,000 per quarter -- covering lawn care and the heated community pool -- net cash flow remains strong.
Spanning over 2,600 square feet across three stories, this fully furnished luxury residence provides the scale and privacy of a single-family home, engineered to comfortably accommodate up to 14 guests. Quality finishes include 9-foot ceilings with crown molding, natural oak hardwood flooring, porcelain tile, and 8-inch baseboards. The first level features a king bedroom, custom built-in bunk room, full bath, private grilling patio, the first of two full-size laundry areas, and an attached two-car garage with finished tile flooring and an insulated garage door. The second floor serves as an open entertaining hub flooded with natural light, showcasing a chef's kitchen with custom cabinetry, granite countertops, stainless steel appliances, an oversized wood island table, and a guest suite with a private balcony. The third floor offers an owner's sanctuary highlighted by an expansive primary suite with a deep soaking tub, walk-in closet, and double-head walk-in shower, alongside an additional en-suite bedroom and the second washer/dryer set.
All coastal-inspired furnishings and decor convey, allowing for immediate bookings on day one. Guests are just a short walk (approximately 0.2 miles) to the sugar-white sand and emerald waters of Miramar Beach Regional Access by Pompano Joe's, and only minutes from world-class shopping at Silver Sands Outlets, Grand Boulevard, and Baytowne Wharf.
A 5-bedroom home south of 98 under $900K with $130K earning potential and low carrying costs is almost impossible to find. Comes fully furnished, schedule your private showing today!
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 10 is the one closest to the pool.
Rooms
Primary Bedroom Level Upper
Master Bedroom true
Dining Room true
Interior
Interior Features Breakfast Bar, Ceiling Crwn Molding, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Washer/Dryer Hookup
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, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect
Exterior
Exterior Feature Balcony, Sprinkler System, Heated Pool, Open Patio, Fenced Lot (Partial), Sprinkler System, Balcony
Parking Features Garage, Guest
Garage Spaces 2.0
Fence Fenced Lot-Part
Pool Pool - Heated, Pool Type
Community Features Short Term Rental - Allowed, Dumpster, Pool
Utilities Available Electric, Public Water
Roof Type Shingle / Shake
Street Surface Paved
Porch Patio Open
Road Frontage County Road
Garage Yes
Building
Lot Description Within 1/2 Mile to Water
Faces From 98, turn south on Driftwood Rd. Turn right at Driftwood Townhomes. Unit 10 is the one closest to the pool.
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-21-42950-000-0100
Security Features Fire Alarm/Sprinkler
