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Sold for $725,000
  • $725,000

    257 Driftwood Rd Unit 16, Miramar Beach, FL 32550

    4beds
    2,281sqft
    Townhouse
    Built in 2017
    -- sqft lot
    $721,500 Zestimate®
    $318/sqft
    $4,937 Estimated rent

    Home value

    $721,500

    $657,000 - $786,000

    $4,937/mo

    Zestimate® history
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    What's special

    Metal roofPorcelain tileCommunity poolGame roomOak hardwood floorsCrown moldingSoft-close cabinetry
    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. Invest Smart at 257 Driftwood Rd #16  a modern, income-producing townhome just three blocks from Miramar Beach's world-class shoreline. Designed for investors focused on cash flow and long-term appreciation, this 4BR/4BA, 2,018 sq ft property offers the rare combination of size, versatility, and a private garage. 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    At The Beach Team 850-654-3325,

    Keller Williams Realty Destin

    Bought with:

    Non Member Office (NABOR)

    Source: ECAOR,MLS#: 988336MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Primary bedroom
    • Level: Third
    • Area: 156 Square Feet
    • Dimensions: 13 x 12
    Primary bedroom
    • Level: Third
    • Area: 144 Square Feet
    • Dimensions: 12 x 12
    Bedroom
    • Level: Second
    • Area: 156 Square Feet
    • Dimensions: 13 x 12
    Bedroom
    • Level: First
    • Area: 216 Square Feet
    • Dimensions: 16 x 13.5
    Bathroom
    • Level: Second
    • Area: 54 Square Feet
    • Dimensions: 9 x 6
    Bathroom
    • Level: Third
    • Area: 40 Square Feet
    • Dimensions: 8 x 5
    Bathroom
    • Level: First
    • Area: 45 Square Feet
    • Dimensions: 9 x 5
    Other
    • Level: Second
    • Area: 18 Square Feet
    • Dimensions: 6 x 3
    Garage
    • Level: First
    • Area: 260 Square Feet
    • Dimensions: 20 x 13
    Kitchen
    • Description: Kitchen Dining Combo
    • Level: Second
    • Area: 256 Square Feet
    • Dimensions: 16 x 16
    Living room
    • Level: Second
    • Area: 256 Square Feet
    • Dimensions: 16 x 16
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Washer, Electric Water Heater
    Features
    • Crown Molding, Recessed Lighting, Owner's Closet
    • Flooring: Hardwood, Tile
    • Windows: Window Treatments
    • Furnished: Yes
    Interior area
    • Total structure area: 2,281
    • Total interior livable area: 2,281 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage Door Opener
    • Attached garage spaces: 1
    Features
    • Stories: 3
    • Exterior features: Outdoor Grill, Balcony
    • Fencing: Partial
    Details
    • Parcel number: 302S21429500000160
    • Zoning description: Resid Multi-Family

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Contemporary
    • Property subtype: Townhouse
    Materials
    • Trim Aluminum, Trim Wood, Siding CmntFbrHrdBrd
    • Roof: Shingle
    Condition
    • Construction Complete
    • New construction: No
    • Year built: 2017

    Utilities & green energy

    • Water: Public

    Community & neighborhood

    Security
    • Security features: Fire Alarm, Smoke Detector(s)
    Community
    • Community features: BBQ Pit/Grill, Dumpster, Pool
    Location
    • Region: Miramar Beach
    • Subdivision: Driftwood Drive Townhomes

    Price history

    DateEventPrice
    1/16/2026Sold$725,000-11%$318/sqft
    Source: ECAOR #988336 Report a problem
    1/7/2026Pending sale$815,000$357/sqft
    Source: ECAOR #988336 Report a problem
    11/21/2025Price change$815,000+2.4%$357/sqft
    Source: ECAOR #988336 Report a problem
    10/29/2025Pending sale$796,000$349/sqft
    Source: ECAOR #988336 Report a problem
    10/25/2025Listed for sale$796,000-8.5%$349/sqft
    Source: ECAOR #988336 Report a problem
    9/30/2025Listing removed$870,000$381/sqft
    Source: ECAOR #968819 Report a problem
    9/12/2025Price change$870,000-3.2%$381/sqft
    Source: ECAOR #968819 Report a problem
    8/5/2025Price change$899,000-0.7%$394/sqft
    Source: ECAOR #968819 Report a problem
    2/17/2025Listed for sale$905,000-5.5%$397/sqft
    Source: ECAOR #968819 Report a problem
    11/23/2024Listing removed$3,200$1/sqft
    Source: Zillow Rentals Report a problem
    10/24/2024Price change$3,200-3%$1/sqft
    Source: Zillow Rentals Report a problem
    10/14/2024Price change$3,300-5.7%$1/sqft
    Source: Zillow Rentals Report a problem
    9/30/2024Price change$3,500-2.8%$2/sqft
    Source: Zillow Rentals Report a problem
    9/27/2024Price change$3,600-2.7%$2/sqft
    Source: Zillow Rentals Report a problem
    9/11/2024Price change$3,700-7.4%$2/sqft
    Source: Zillow Rentals Report a problem
    9/4/2024Price change$3,995-6%$2/sqft
    Source: Zillow Rentals Report a problem
    8/13/2024Listed for rent$4,250$2/sqft
    Source: Zillow Rentals Report a problem
    7/13/2024Listing removed--
    Source: ECAOR #944378 Report a problem
    5/1/2024Price change$957,500-0.8%$420/sqft
    Source: ECAOR #944378 Report a problem
    3/11/2024Listed for sale$965,000+3.2%$423/sqft
    Source: ECAOR #944378 Report a problem
    4/17/2023Sold$935,000-1.6%$410/sqft
    Source: ECAOR #917399 Report a problem
    3/14/2023Pending sale$949,900$416/sqft
    Source: ECAOR #917399 Report a problem
    3/1/2023Listed for sale$949,900+61%$416/sqft
    Source: ECAOR #917399 Report a problem
    11/30/2018Sold$589,900$259/sqft
    Source: Public Record Report a problem
    6/12/2018Listed for sale$589,900$259/sqft
    Source: ResortQuest Real Estate Seagrove Beach #803665 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,967 -1.8%$771,020 -0.7%
    2024$7,096 +14.6%$776,846 +28.2%
    2023$6,194 +21.3%$606,005 +10%
    2022$5,106 +0.5%$550,914 +5%
    2021$5,079 +5.8%$524,680 +9.1%
    2020$4,800 +2.5%$480,829 +2%
    2019$4,682 $471,405 +8.1%
    2018$4,682 +7.7%$435,888 +3023.7%
    2017$4,346 +3042.9%$13,954 +4%
    2016$138 +3%$13,417 +7%
    2015$134 +5.3%$12,540 +10%
    2014$127 $11,400
    2013-- $11,400
    2012-- $11,400 +34.9%
    2011-- $8,452 -10%
    2010-- $9,391 -30%
    2009-- $13,416
    2008-- $13,416
    2007-- $13,416

    Find assessor info on the county website

    Neighborhood: 32550

    Nearby schools

    GreatSchools rating
    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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