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Property Description
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.
Full Property Details
Full Property Details for 257 Driftwood Rd # 16
General
- Sold For: $725,000
- Taxes: $7,095 (2024)
- Status: Closed
- Type: Townhouse
- Source: Emerald_Coast
- MLS ID: 988336
- Added to Site: 129 day(s) ago
Interior
- Rooms/Areas: Balcony, Bedroom, Full Bathroom, Garage, Kitchen, Living Room, Master Bedroom
- Interior Features: Ceiling Crwn Molding, Floor Hardwood, Floor Tile, Furnished - All, Lighting Recessed, Owner's Closet, Window Treatment All
- Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Washer
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Living Room: Living Room
- Kitchen: Kitchen
Additional Information
- Shared Amenities: BBQ Pit/Grill, Dumpster, Pets Allowed, Pool
- Pool: Yes
Exterior
- Exterior Features: Balcony, BBQ Pit/Grill, Fenced Lot-Part
- Patio/Balcony: Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking: Garage Attached
Location
- Area: 15 - Miramar/Sandestin Resort
- County: Walton
- Subdivision: Driftwood Drive Townhomes
- Driving Directions: 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.
School Information
- Elementary School: Van R Butler
- Middle School: Emerald Coast
- High School: South Walton
Heating & Cooling
- Heating/Cooling: AC - 2 or More, AC - Central Elect, AC - High Efficiency, Ceiling Fans, Heat Cntrl Electric, Water Heater - Elect
Utilities
- Utility Description: Electric, Public Sewer, Public Water, TV Cable, Underground
Structural Information
- Architectural Style: Contemporary
- Construction: Roof Dimensional Shg, Siding CmntFbrHrdBrd, Trim Aluminum, Trim Wood
- Stories/Levels: 3
- Square Feet: 2,281
- Sq. Ft. Source: County PA Records
- Year Built: 2017
Lot Features
- Zoning: Resid Multi-Family
Financial Considerations
- Assessment Amount: $975
- Assmt Payment Freq: Quarterly
- Tax Amount: $7,095
- Tax Year: 2024
- Terms: Conventional
Disclosures and Reports
- Legal Description: UNIT 16 DRIFTWOOD DRIVE TOWNHOMES PB 17-95 OR 2805-3320 OR 2822-3941 OR 2935-2670 OR 3010-2941 OR 3091-1940 OR 3286-4345
- Assessment: Yes
- APN: 30-2S-21-42950-000-0160
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Schools
Schools serving 257 Driftwood Rd # 16
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
Van R. Butler Elementary School 6694 West County Highway 30A, Santa Rosa Beach, FL 32459 | K-5 | 7.6 mi |
Emerald Coast Middle School 4019 US Highway 98 East, Santa Rosa Beach, FL 32459 | 6-8 | 16.4 mi |
South Walton High School 645 Greenway Trail, Santa Rosa Beach, FL 32459 | 9-12 | 12.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 257 Driftwood Rd # 16
Date
Details
Price
Change
Source
1/16/2026
Sold
$725,000
-11.04%
MLS
11/21/2025
Price Increased
$815,000
2.39%
MLS
10/25/2025
Listed
$796,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
257 Driftwood Road # 16, Miramar Beach, FL 32550 (MLS# 988336) is a Townhouse property that was sold at $725,000 on January 16, 2026. Want to learn more about 257 Driftwood Road # 16? Do you have questions about finding other Townhouse real estate for sale in Miramar Beach? You can browse all Miramar Beach real estate or contact a Coldwell Banker agent to request more information.

