Welcome to Seaside Palace, a masterfully built and primely located beach house, boasting 3300 square feet across three levels, featuring multiple indoor areas, large outdoor living area and gulf views. Notable features include a spacious open floor plan with the primary living space on the first level along with a one master suite. Walk the short distance to the best public beach access in Miramar Beach or enjoy the amenities provided in this beach retreat, including a superior outdoor space with a heated pool, picnic tables and a grill. This property comes fully-furnished, rental ready and is thoughtfully designed to optimize maximum space for up to 28 guests.
This property is $1.3M more than the Median Sold Price and $171/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: #961950
Listing Office:
Office Name: EXP Realty LLC
Office Phone: (850) 213-4091
Listing Agent: Nikita Korkh, Karen Holder
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: 11/21/2024, 9:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 24, 2020
Sep 24, 2020Home Sold
$1,200,000
Oct 03, 2017
Oct 03, 2017Home Sold
$890,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$8,576
$889,843
2019
$8,022
$752,035
2017
$1,982
$200,000
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$10.7K
Per Month
Principal & Interest
$10.7K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$6,512
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Destin Elementary School
630 Kelly St
Distance between this listing and this school6.40 miles
Public District Grades PK-4
8
/10
Van R. Butler Elementary School
6694 W County Highway 30A
Distance between this listing and this school7.59 miles
Public District Grades KG-5
10
/10
Bluewater Elementary School
4545 Range Rd
Distance between this listing and this school7.75 miles
Public District Grades KG-5
Nearby Schools
7
/10
Destin Middle School
4608 Legendary Marina Dr
Distance between this listing and this school2.60 miles
Public District Grades 5-8
7
/10
Lewis School
281 Mississippi Ave
Distance between this listing and this school9.96 miles
Public District Grades KG-8
7
/10
C.W. Ruckel Middle School
201 Partin Dr N
Distance between this listing and this school11.06 miles
Public District Grades 6-8
Nearby Schools
7
/10
Niceville High School
800 John Sims Pkwy E
Distance between this listing and this school10.99 miles
Public District Grades 9-12
9
/10
Collegiate High School at Northwest Florida State College
100 College Blvd E
Distance between this listing and this school12.02 miles
Public Charter Grades 10-12
7
/10
South Walton High School
645 Greenway Trl
Distance between this listing and this school12.26 miles
The neighbors living near this home have an average income of $48,071. Residents of Miramar Beach, FL typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 240 Driftwood Rd
What is the listing price of this property?
The listing price of 240 Driftwood Rd property is $2,150,000.
What type of property is this?
The property 240 Driftwood Rd is a house located in Miramar Beach, Florida, 32550.
Is this property for sale now?
Active Listing: 240 Driftwood Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $8,576 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 24, 2020 for $1,200,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 240 Driftwood Rd has 7 bedrooms and 7 full and 1 half bathrooms.
What is the square footage of this property?
The property 240 Driftwood Rd is 3,258 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 240 Driftwood Rd is 2017.
This home is located at 240 Driftwood Rd in Miramar Beach, FL and zip code 32550. This 3,258 square foot home, which was built in 2017, sits on a 0.13 acre lot. Features: 7 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $2,150,000.
In October 2024, from all listings sold in Miramar Beach, FL there were more than 0 sold above asking price, over 23 sold below and more than 9 were sold right at the asked price. In October 2024 in Miramar Beach, FL there were 6.7% more homes for sale than in September 2024. Listings spent 101 days on the market in October 2024, and had a median list price of $751,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.