Entered for comp purposes only. Inquire within! *This property is designed as a multi-family, but is legally recorded with the county under single family.* Don't miss out on this unique investment opportunity to own a 5-unit income property with a private resort feel. Located south of 98, it is only 0.2 miles to the public beach access with NO HOA fees!
Each unit boasts stylish, low maintenance polished concrete floors, modern kitchens with quartz countertops, modern bathrooms with large format tile and freestanding tubs. Recent upgrades include a new roof, water heaters, and HVAC. The impact-rated windows provide hurricane protection, while front & back patios enhance outdoor living. An outdoor shower is conveniently available for beachgoers, and the property features new landscaping
Sold for $1,855,000
Street View
$1,855,000
159 Driftwood Rd, Miramar Beach, FL 32550
9beds
3,907sqft
Single Family Residence
Built in 1981
0.3 Acres Lot
$1,928,700 Zestimate®
$475/sqft
$2,945 Estimated rent
Home value
$1,928,700
$1.62M - $2.30M
$2,945/mo
Zestimate® history
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New roofFreestanding tubsNew landscaping
Zillow last checked:
Listing updated:
Listed by:
Joshua H Callahan 850-517-7540,
Scenic Sotheby's International Realty
Bought with:
Joshua H Callahan, 3378070
Scenic Sotheby's International Realty
Source: ECAOR,MLS#: 996839
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 9
- Full bathrooms: 9
Primary bedroom
- Description: Unit 1
- Level: First
- Area: 149.5 Square Feet
- Dimensions: 11.5 x 13
Bedroom
- Description: Unit 1
- Level: First
- Area: 128.25 Square Feet
- Dimensions: 9.5 x 13.5
Bedroom
- Description: Unit 2
- Level: First
- Area: 130 Square Feet
- Dimensions: 10 x 13
Bedroom
- Description: Unit 3
- Level: First
- Area: 115 Square Feet
- Dimensions: 10 x 11.5
Primary bathroom
- Description: Unit 1
- Level: First
- Area: 140.25 Square Feet
- Dimensions: 8.5 x 16.5
Primary bathroom
- Description: Unit 2
- Level: First
- Area: 108 Square Feet
- Dimensions: 9 x 12
Bathroom
- Description: Unit 1
- Level: First
- Area: 47.5 Square Feet
- Dimensions: 9.5 x 5
Bathroom
- Description: Unit 2
- Level: First
- Area: 45 Square Feet
- Dimensions: 5 x 9
Bathroom
- Description: Unit 3
- Level: First
- Area: 37.5 Square Feet
- Dimensions: 7.5 x 5
Bonus room
- Description: Unit 2
- Level: First
- Area: 138 Square Feet
- Dimensions: 11.5 x 12
Kitchen
- Description: Unit 1
- Level: First
- Area: 109.25 Square Feet
- Dimensions: 11.5 x 9.5
Kitchen
- Description: Unit 2
- Level: First
- Area: 103.5 Square Feet
- Dimensions: 9 x 11.5
Kitchen
- Description: Unit 3
- Level: First
- Area: 80 Square Feet
- Dimensions: 10 x 8
Kitchen
- Description: Unit 4
- Level: First
- Area: 110 Square Feet
- Dimensions: 11 x 10
Laundry
- Description: Unit 4
- Level: First
- Area: 42 Square Feet
- Dimensions: 7 x 6
Living room
- Description: Unit 1
- Level: First
- Area: 209.25 Square Feet
- Dimensions: 15.5 x 13.5
Living room
- Description: Unit 2
- Level: First
- Area: 247.5 Square Feet
- Dimensions: 16.5 x 15
Living room
- Description: Unit 3
- Level: First
- Area: 136 Square Feet
- Dimensions: 8 x 17
Living room
- Description: Unit 4
- Level: First
- Area: 217 Square Feet
- Dimensions: 14 x 15.5
Loft
- Description: Unit 3
- Level: Second
- Area: 165 Square Feet
- Dimensions: 10 x 16.5
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Dryer, Refrigerator, Washer, Electric Water Heater
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,907
- Total interior livable area: 3,907 sqft
Property
Features
- Stories: 1
- Patio & porch: Covered, Patio
- Exterior features: Outdoor Shower
- Fencing: Full
Lot
- Size: 0.3 Acres
- Dimensions: 149' x 78' x 148' x 78'
- Features: Within 1/2 Mile to Water
Details
- Parcel number: 302S21422900000851
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Roof: Metal
Condition
- Construction Complete,Renovated
- New construction: No
- Year built: 1981
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: MIRAMAR BEACH
Location
- Region: Miramar Beach
Financial & listing details
- Price per square foot: $475/sqft
- Tax assessed value: $653,669
- Annual tax amount: $5,748
- Date on market: 3/4/2026
Price history
| Date | Event | Price |
|---|---|---|
| 3/3/2026 | Sold | $1,855,000-7.2%$475/sqft |
Source:  ECAOR #996839 Report a problem | ||
| 1/31/2025 | Listing removed | $2,000,000$512/sqft |
Source: ECAOR #959861 Report a problem | ||
| 10/16/2024 | Price change | $2,000,000-9.1%$512/sqft |
Source: ECAOR #959861 Report a problem | ||
| 9/26/2024 | Listed for sale | $2,200,000+110.5%$563/sqft |
Source: ECAOR #959861 Report a problem | ||
| 4/28/2023 | Sold | $1,045,000-26.9%$267/sqft |
Source: ECAOR #917175 Report a problem | ||
| 3/17/2023 | Pending sale | $1,430,000$366/sqft |
Source: ECAOR #917175 Report a problem | ||
| 2/16/2023 | Listed for sale | $1,430,000-10.6%$366/sqft |
Source: ECAOR #917175 Report a problem | ||
| 2/2/2023 | Listing removed | -- |
Source: ECAOR #902701 Report a problem | ||
| 12/12/2022 | Listed for sale | $1,600,000$410/sqft |
Source: ECAOR #902568 Report a problem | ||
| 9/15/2022 | Pending sale | $1,600,000$410/sqft |
Source: ECAOR #902568 Report a problem | ||
| 8/18/2022 | Price change | $1,600,000-19.8%$410/sqft |
Source: ECAOR #902701 Report a problem | ||
| 7/1/2022 | Listed for sale | $1,995,000$511/sqft |
Source: ECAOR #902568 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,749 +119.4% | $620,658 +116.4% |
| 2024 | $2,620 +26.2% | $286,806 +25.5% |
| 2023 | $2,076 -5.4% | $228,462 -1.7% |
| 2022 | $2,195 +7.3% | $232,453 +10% |
| 2021 | $2,046 +0.3% | $211,321 +3.4% |
| 2020 | $2,039 +1.9% | $204,300 +2.4% |
| 2019 | $2,002 | $199,558 +1.3% |
| 2018 | $2,002 +6.1% | $196,949 -0.1% |
| 2017 | $1,888 +4.9% | $197,100 +0.3% |
| 2016 | $1,799 +3.2% | $196,608 +7.9% |
| 2015 | $1,743 +6.8% | $182,216 +47.1% |
| 2014 | $1,631 | $123,910 -1.8% |
| 2013 | -- | $126,233 -1.8% |
| 2012 | -- | $128,556 -2.4% |
| 2011 | -- | $131,780 -1.7% |
| 2010 | -- | $134,104 -9% |
| 2009 | -- | $147,434 -30.8% |
| 2008 | -- | $212,987 -0.1% |
| 2007 | -- | $213,155 +157.2% |
| 2005 | -- | $82,874 +3.4% |
| 2004 | -- | $80,181 +4.8% |
| 2003 | -- | $76,541 +3.6% |
| 2002 | -- | $73,851 +1.6% |
| 2001 | -- | $72,690 |
Find assessor info on the county website
Neighborhood: 32550
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Nearby schools
GreatSchools rating
- 9/10Van R. Butler Elementary SchoolGrades: K-5Distance: 7.7 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 16.4 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 12.3 mi
Schools provided by the listing agent
- Elementary: Van R Butler
- Middle: Emerald Coast
- High: South Walton
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$1,928,700
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- Florida
- Walton County
- Miramar Beach
- 32550
- 159 Driftwood Rd
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