159 Driftwood Rd, Miramar Beach, FL, 32550

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159 Driftwood Rd, Miramar Beach$2,000,000

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Year Built1981

CoolingCentral Air

MLS #959861

Lot Size0.30 Acres

StatusActive

About 159 Driftwood Rd

*This property is designed as a multi-family, but is legally recorded with the county under single family.* Dont 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.

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Property Details

Property Features

Property Information:

• Architectural Style: Other
• Year Built: 1981
• Stories: 1
• Living Area: 3,968 SqFt

Listing Office:

• Office Name: Worth Clark Realty
• Office Email: agentsupport@worthclark.com
• Listing Agent: Joanna Allen

Interior Features

Interior Information:

• Appliances: Cooktop, Dishwasher, Dryer, Refrigerator, Electric Oven, Washer
• Interior: Renovated

Bedroom and Bathroom Information:

• Full Bathrooms: 9
• Total Bedroom Count: 9

Exterior Features

Exterior Information:

• Private Pool: No
• Exterior: Fenced Lot-All, Patio Covered, Patio Open, Shower

Lot Features

Lot Information:

• Lot: Within 1/2 Mile to Water
• Lot Size: 0.30 Acres

Utilities

Utilities Information:

• Cooling: Central Air

Other

Directions Information:

• Directions: Head east on US-98. Then, turn right onto Driftwood Rd, and your destination will be on the right.

Price Information

Listing Price Info

Price Summary:

• List Price: $2,000,000
• Price Per SqFt: $504/SqFt

Tax Information:

• Annual Amount: $2,039
• Tax Year: 2020

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Housing Market Comparison

See how this home compares to others in Miramar Beach, FL.

Miramar Beach, FL

City

Med. Sold Price

$751K

Med. Price/SqFt

$489

Avg. Days On Market

101

# of Sold Homes

32

159 Driftwood Rd vs Miramar Beach

58 DAYS ON ROCKET

-43 Days

$2,000,000

+$1.2M More

$504/SqFt

+$15 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $15/SqFt more than other homes in Miramar Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: Emerald Coast Association of REALTORS®
• MLS Number: #959861

Listing Office:

• Office Name: Worth Clark Realty
• Office Email: agentsupport@worthclark.com
• Listing Agent: Joanna Allen

Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 11:50:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$2,039	$204,300
2019	$2,001	$199,558
2017	$1,799	$197,100

History based on county public records data.

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**Disclosures

Rocket Homes›Florida›Walton County›Miramar Beach›32550›159 Driftwood Rd

This home is located at 159 Driftwood Rd in Miramar Beach, FL and zip code 32550. This 3,968 square foot home, which was built in 1981, sits on a 0.30 acre lot. Features: 9 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $2,000,000.

In October 2024 more than 0 listings in Miramar Beach, FL were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 23 were sold below. In October 2024 in Miramar Beach, FL there were 6.7% more homes for sale than in September 2024. While the average time on the market in October 2024 was 101 days, the median list price was $751,000.

From Rocket Homes Real Estate and based on county public records data.