NOT LISTED FOR SALE

257 Driftwood Rd Unit 1 Miramar Beach, FL 32550

Miramar Beach Neighborhood

Estimated Value: $905,763 - $948,000

4 Beds
4 Baths
2,018 Sq Ft
$461/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $625,000 $310 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,871/month

14 Days on Market

Highlights

  • Heated In Ground Pool
  • Newly Painted Property
  • Furnished
  • Van R. Butler Elementary School Rated A-
  • Wood Flooring
  • Balcony

About This Home

As of July 2020

Fantastic opportunity for 1 of the BEST rental property investments in the area in one of the nicest, well constructed BRAND NEW townhomes just 700' to the beach! Great 3 story townhomes with a 1 car garage; fiber cement board siding/trim, tile ground floor, tiled insulated garage w/dehumidifier, bunk room, storage, oak flooring, crown molding, neutral color scheme, all Frigidaire appliances, 2 sets of w/dryers, 3 ac units, superb master bath with glass shower doors, separate steel soaking tub, walkin closet, huge butcher block style table and all beautifully landscaped. Heated pool with mens/ladies room and sundeck. 3 min. walk to the beach at Pompano Joes; Low monthly dues of $215. Est. rental projections $80K+ -best deal around for the price/style/location! Must see! Open 7 days/wk.

Last Agent to Sell the Property

Jessica Forrester

Emerald Coast Beach Homes LLC License #3238935 Listed on: 05/31/2020

Last Buyer's Agent

Nick Deslonde

Gulf Realty 30A LLC License #3368548

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,682

Year Built

  • Built in 2017

Lot Details

  • Partially Fenced Property

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Guest Parking

Home Design

  • Newly Painted Property
  • Dimensional Roof
  • Composition Shingle Roof
  • Wood Trim
  • Aluminum Trim
  • Cement Board or Planked

Interior Spaces

  • 2,018 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Living Room
  • Dining Room

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Induction Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Open Patio
  • Built-In Barbecue

Schools

  • Van R Butler Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • High Efficiency Air Conditioning
  • Multiple cooling system units
  • Central Heating
  • High Efficiency Heating System
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 30-2S-21-42950-000-0010

Community Details

Overview

  • Association fees include ground keeping, management, recreational faclty, trash
  • Driftwood Drive Townhomes Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool

Security

  • Building Fire Alarm
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,682

Year Built

Built in 2017

Lot Details

0

HOA Fees

$275 per month

Parking

1

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: DRIFTWOOD DRIVE TOWNHOMES
  • Directions: From Holiday Rd, head West on Scenic Gulf Drive. Just past Pompano Joes Restaurant, turn north onto Driftwood Rd. Go 1.5 blocks, Driftwood Townhomes will be on your left - 20 three story townhomes, with a pool in the middle. #1 is the end home on the north (right) side. From Hwy 98 (Emerald Coast Parkway), go south on Driftwood (Miramar Plaza). Just past Bradley St on the Left.
  • Architectural Style: Townhome
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2017
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Energy:Heat High Efficiency: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Balcony2: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Underground: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smooth Stovetop Rnge, Stove/Oven Electric, Warranty Provided, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Ceiling Crwn Molding, Floor Hardwood, Floor Tile, Furnished - All, Furnished - None, Lighting Recessed, Newly Painted, Owner's Closet, Window Treatment All, Window Treatmnt Some
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Warranty Provided: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Newly Painted: Yes

Exterior Features

  • Lot Features: Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Roof Dimensional Shg, Siding CmntFbrHrdBrd, Slab, Trim Aluminum, Trim Wood
  • Exterior Features: Balcony, BBQ Pit/Grill, Fenced Lot-Part, Patio Open, Pool - Heated, Pool - In-Ground
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Fenced Lot-Part: Yes
  • ConstructionSiding:Trim Aluminum: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Roof Dimensional Shg: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Pool - In-Ground: Yes
  • ConstructionSiding:Trim Wood: Yes
  • Exterior:BBQ PitGrill: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Garage, Guest
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Rooms:Garage5: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Guest: Yes

Utilities

  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Public Sewer, Public Water, Underground

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Dumpster, Pool
  • Association #2 Fee: 275.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Management, Recreational Faclty, Trash

Schools

  • Elementary School: Van R Butler
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Parcel #: 30-2S-21-42950-000-0010
  • Zoning: Resid Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4681.53
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2020
Closed on
Jul 14, 2020
Sold by
Prendergast Vincent R and Prendergast Mary E
Bought by
Gelande Michael J and Gelande Barbara J
Seller's Agent
Jessica Forrester
Emerald Coast Beach Homes LLC
Buyer's Agent
Nick Deslonde
Gulf Realty 30A LLC
List Price
$625,000
Sold Price
$625,000
Current Estimated Value
$938,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,686
Avg. Annual Appreciation
8.15%
Original Mortgage
$500,000
Outstanding Balance
$448,277
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$482,164

Purchase Details

Listed on
Dec 18, 2017
Closed on
Feb 15, 2018
Sold by
Driftwood Group Llc
Bought by
Prendergast Vincent R and Prendergast Mary E
Seller's Agent
Denise Stegner
Scenic Real Estate
Buyer's Agent
Jessica Forrester
Eimers Group Inc
List Price
$549,900
Sold Price
$549,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$445,500
Interest Rate
3.95%
Mortgage Type
VA

Purchase Details

Closed on
May 19, 2016
Sold by
Seaside Cquisition Group Llc
Bought by
Driftwood Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000,000
Interest Rate
3.59%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 5, 2013
Sold by
Land Sales Development Llc
Bought by
Seaside Acquisition Group Llc

Purchase Details

Closed on
Dec 22, 2008
Sold by
Panhandle Financial Group Llc
Bought by
Land Sales Development Llc

Purchase Details

Closed on
Oct 31, 2008
Sold by
Sfb Investment Company Lllp
Bought by
Panhandle Financial Group Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gelande Michael J $625,000 Mcneese Title Llc
Prendergast Vincent R $549,900 Mcneese Title Llc
Driftwood Group Llc $3,000,000 Attorney
Seaside Acquisition Group Llc -- Attorney
Land Sales Development Llc -- Attorney
Panhandle Financial Group Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gelande Michael J $500,000
Previous Owner Prendergast Vincent R $445,500
Previous Owner Driftwood Group Llc $8,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2020 10/14/20 Off Market $549,900 -- --
07/15/2020 07/15/20 Sold $625,000 0.0% $310 / Sq Ft
06/14/2020 06/14/20 Pending -- -- --
05/31/2020 05/31/20 For Sale $625,000 +13.7% $310 / Sq Ft
02/16/2018 02/16/18 Sold $549,900 0.0% $272 / Sq Ft
12/18/2017 12/18/17 For Sale $549,900 -- $272 / Sq Ft
12/17/2017 12/17/17 Pending -- -- --
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,194 $776,846 $200,000 $576,846
2022 $5,106 $550,914 $0 $550,914
2021 $5,079 $524,680 $0 $524,680
2020 $4,800 $480,829 $0 $480,829
2019 $4,682 $471,405 $0 $471,405
2018 $4,346 $435,888 $0 $0
2017 $138 $13,954 $13,954 $0
2016 $134 $13,417 $0 $0
2015 $127 $12,540 $0 $0
2014 $118 $11,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jessica Forrester

    Emerald Coast Beach Homes LLC

    Section Image
  • Nick Deslonde

    Buyer's Agent in 2020

    Nick Deslonde

    Gulf Realty 30A LLC

    (850) 687-3212

    20 in this area

    77 Total Sales

    Section Image

  • D

    Seller's Agent in 2018

    Denise Stegner

    Scenic Real Estate

    (850) 865-9301

    6 in this area

    62 Total Sales

    Section Image

  • H

    Seller Co-Listing Agent in 2018

    Hana Hawkins

    ResortQuest Real Estate Seagrove Beach

  • e

    Buyer's Agent in 2018

    ecn.rets.e9619

    ecn.rets.RETS_OFFICE

  • e

    Buyer's Agent in 2018

    ecn.rets.showingtime.e9619

    ecn.rets.RETS_OFFICE

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 847500

Emerald Coast Association of REALTORS®

APN: 30-2S-21-42950-000-0010

Florida Walton County Miramar Beach 32550 Miramar Beach

257 Driftwood Rd Unit 1, Miramar Beach, FL

This home is located at 257 Driftwood Rd Unit 1, Miramar Beach, FL 32550 since 31 May 2020 and is currently estimated at $930,441, approximately $461 per square foot. This property was built in 2017. 257 Driftwood Rd Unit 1 is a home located in Walton County with nearby schools including Van R. Butler Elementary School, Emerald Coast Middle School, and South Walton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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