NOT LISTED FOR SALE

257 Driftwood Rd Unit 18 Miramar Beach, FL 32550

Miramar Beach Neighborhood

Estimated Value: $921,000 - $1,001,000

4 Beds
4 Baths
2,018 Sq Ft
$478/Sq Ft Est. Value

Last Sold October 05, 2021

Last sale price $824,500 $409 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,163/month

8 Days on Market

Highlights

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

About This Home

As of October 2021

Great opportunity to own beautiful new investment property projected to gross over $90K annually! Built in 2017, centrally located in Miramar Beach, less than a 3 minute walk to the beach and built to maximize return on investment! This 4 bedroom unit has porcelain tile on the first floor and a large bedroom with built-in bunks, tons of storage, and bathroom. The second and third floors have real oak hardwood flooring and balconies throughout with Trex decking and aluminum rails. The kitchen boasts AristaCraft soft-close cabinets, granite counter tops, stainless steel Frigidaire Gallery appliances, and a large maple wood island table. This home features 9 foot ceilings, 5 -1/4'' crown molding, impact glass windows, 2 sets of washers/ dryers (1st and 3rd floor), 3 Carrier heat pump air conditioners (one per floor), LED light bulbs throughout, tiled garage floors, insulated garage door, and 50 gallon hot water tank with dehumidifier pump built in. This townhome is Gulf Power certified energy efficient!

Last Agent to Sell the Property

Hana Hawkins

Berkshire Hathaway HomeServices License #3266840 Listed on: 08/20/2021

Berkshire Hathaway HomeServices

Last Buyer's Agent

Cheryl Robb

EXP Realty LLC License #3420304

EXP Realty LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,800

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
  • 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

  • Balcony
  • 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
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 30-2S-21-42950-000-0180

Community Details

Overview

  • Association fees include ground keeping, management, master, recreational faclty
  • 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

$4,800

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
  • Subdivision Name: DRIFTWOOD DRIVE TOWNHOMES
  • Directions: From Scenic 98 turn North onto Driftwood Rd. (across from Pompano Joes beach access). Townhomes will be on your left about a block down. 20 units, 3 story, beautifully landscaped. From Hwy 98 turn South on Driftwood Rd. Townhomes will be on your right a block past Miramar Plaza.
  • Architectural Style: Townhome
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2017
  • Utilities Electric: Yes
  • 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, Lighting Recessed, Newly Painted, Owner's Closet, 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: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: BBQ Pit/Grill, Fenced Lot-Part
  • 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
  • ConstructionSiding:Roof Dimensional Shg: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • ConstructionSiding:Trim Wood: Yes
  • Exterior:BBQ PitGrill: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Garage, Guest
  • General Property Info:Garage2: Yes
  • 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: Electric, Public Sewer, Public Water, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Pool
  • Association #2 Fee: 825.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Parcel #: 30-2S-21-42950-000-0180
  • Zoning: Resid Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4799.83
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Oct 5, 2021
Sold by
Pfeif William G and Steede Pfeif Rene
Bought by
Lee Joon Taek and Lee Jaeyun
Seller's Agent
Hana Hawkins
Berkshire Hathaway HomeServices
Buyer's Agent
Cheryl Robb
EXP Realty LLC
List Price
$824,500
Sold Price
$824,500
Current Estimated Value
$981,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,694
Avg. Annual Appreciation
4.80%
Original Mortgage
$719,920
Outstanding Balance
$663,582
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$324,069

Purchase Details

Listed on
Mar 31, 2018
Closed on
May 31, 2018
Sold by
Driftwood Group Llc
Bought by
Steede Pfeif William G and Steede Pfeif Rene
Seller's Agent
Hana Hawkins
Berkshire Hathaway HomeServices
Buyer's Agent
Hana Hawkins
Resortquest Real Estate
List Price
$569,900
Sold Price
$569,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.66%

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
Lee Joon Taek $824,500 Advantage Title Llc
Steede Pfeif William G $569,900 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 Lee Joon Taek $719,920
Previous Owner Driftwood Group Llc $8,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2023 04/30/23 Off Market $824,500 -- --
10/05/2021 10/05/21 Sold $824,500 0.0% $409 / Sq Ft
08/28/2021 08/28/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $824,500 +44.7% $409 / Sq Ft
10/14/2020 10/14/20 Off Market $569,900 -- --
05/31/2018 05/31/18 Sold $569,900 0.0% $282 / Sq Ft
03/31/2018 03/31/18 Pending -- -- --
03/31/2018 03/31/18 For Sale $569,900 -- $282 / Sq Ft
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

  • H

    Seller's Agent in 2021

    Hana Hawkins

    Berkshire Hathaway HomeServices

    (850) 499-8102

    14 in this area

    75 Total Sales

    Section Image

  • C

    Buyer's Agent in 2021

    Cheryl Robb

    EXP Realty LLC

    (850) 517-3373

    7 in this area

    30 Total Sales

    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 879868

Emerald Coast Association of REALTORS®

APN: 30-2S-21-42950-000-0180

Florida Walton County Miramar Beach 32550 Miramar Beach

257 Driftwood Rd Unit 18, Miramar Beach, FL

This home is located at 257 Driftwood Rd Unit 18, Miramar Beach, FL 32550 since 20 August 2021 and is currently estimated at $964,276, approximately $477 per square foot. This property was built in 2017. 257 Driftwood Rd Unit 18 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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