NOT LISTED FOR SALE

257 Driftwood Rd Unit 7 Miramar Beach, FL 32550

Miramar Beach Neighborhood

Estimated Value: $962,000 - $1,122,716

5 Beds
4 Baths
2,560 Sq Ft
$404/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $689,900 $269 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $6,605/month

48 Days on Market

Highlights

  • Heated Pool
  • Newly Painted Property
  • Balcony
  • Van R. Butler Elementary School Rated A-
  • Wood Flooring
  • Separate Shower in Primary Bathroom

About This Home

As of May 2018

ONLY 2 5brs REMAIN! Such a GREAT Investment Potential in a Miramar Beach rental property -Driftwood Townhomes!! This STUNNING 5br/4ba 2,560sf 3story NEW townhome is 1 of the best options in resort property. Low maintenance fiber cement board siding, 2car tiled/insulated garage w/ dehumidifer; built-in bunks for 4, tiled ground fl, oak hardwood floor, granite counters, Frigidaire stainless appliances, 2sets of w/d, 3 a/cs, crown molding, built in butcher block-like dining, 9' ceilings, Trex decks, steel tubs, glass shower doors, walk in closets, storage, low hoa 200/mo. dues, heated pool, great landscaping/curb appeal and only 700' to the Pompano Joes public beach access. $106K in projected gross income! Easy show. On site models daily

Last Agent to Sell the Property

Hana Hawkins

Berkshire Hathaway HomeServices License #3266840 Listed on: 03/11/2018

Berkshire Hathaway HomeServices

Last Buyer's Agent

Heather Curry

Real Broker LLC License #3394998

Real Broker LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,218

Year Built

  • Built in 2017

Lot Details

  • 1,307 Sq Ft Lot
  • Property fronts a county road
  • Partially Fenced Property
  • Sprinkler System

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Guest Parking

Home Design

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

Interior Spaces

  • 2,560 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Dining Room

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 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 Pool
  • Balcony
  • Open Patio

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • High Efficiency Heating System
  • Electric Water Heater

Community Details

Overview

  • Association fees include ground keeping, land recreation, trash
  • Driftwood Drive Townhomes Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool

Security

  • Building Fire Alarm
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,218

Year Built

Built in 2017

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: DRIFTWOOD DRIVE TOWNHOMES
  • Directions: From Scenic Gulf Dr. turn south at Pompano Joes Beach access onto Driftwood Road; go 2nd block on the left; 20 townhomes. DW sign on brick entry posts.
  • Architectural Style: Townhome
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2017
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: 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:Ceiling Fans: Yes
  • Rooms:Balcony2: Yes
  • Energy:AC - 2 or More: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Interior Amenities: Ceiling Crwn Molding, Floor Hardwood, Floor Tile, Furnished - None, Kitchen Island, 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:Smoke Detector: 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:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Newly Painted: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Roof Shingle/Shake, Siding CmntFbrHrdBrd, Trim Aluminum, Trim Wood
  • Exterior Features: Balcony, Fenced Lot-Part, Patio Open, Pool - Heated, Sprinkler System
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Fenced Lot-Part: Yes
  • ConstructionSiding:Trim Aluminum: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Pool - Heated: Yes
  • ConstructionSiding:Roof ShingleShake: Yes
  • Exterior:Sprinkler System: Yes
  • ConstructionSiding:Trim Wood: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage, Guest
  • Appliances:Auto Garage Door Opn: Yes
  • Rooms:Garage5: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Guest: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Dumpster, Pool
  • Association #2 Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Land Recreation, Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 1306.8
  • Parcel #: TBD
  • Zoning: Resid Multi-Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2018
Closed on
May 25, 2018
Sold by
Driftwood Group Llc
Bought by
Watson John Douglas and Watson Valdonna Rae
Seller's Agent
Hana Hawkins
Berkshire Hathaway HomeServices
Buyer's Agent
Heather Curry
Real Broker LLC
List Price
$689,900
Sold Price
$689,900
Current Estimated Value
$1,059,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,950
Avg. Annual Appreciation
6.00%
Original Mortgage
$453,000
Outstanding Balance
$395,014
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$655,670

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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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
Watson John Douglas $689,900 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 Watson John Douglas $453,000
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 $689,900 -- --
05/25/2018 05/25/18 Sold $689,900 0.0% $269 / Sq Ft
04/28/2018 04/28/18 Pending -- -- --
03/11/2018 03/11/18 For Sale $689,900 -- $269 / 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 $7,218 $853,653 $200,000 $653,653
2022 $5,935 $640,470 $0 $640,470
2021 $5,904 $609,971 $0 $609,971
2020 $6,089 $609,971 $0 $609,971
2019 $5,939 $598,016 $0 $598,016
2018 $5,514 $552,960 $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 2018

    Hana Hawkins

    Berkshire Hathaway HomeServices

    (850) 499-8102

    14 in this area

    75 Total Sales

    Section Image
  • Heather Curry

    Buyer's Agent in 2018

    Heather Curry

    Real Broker LLC

    (850) 240-7475

    11 in this area

    106 Total Sales

    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 791529

Emerald Coast Association of REALTORS®

APN: 30-2S-21-42950-000-0070

Florida Walton County Miramar Beach 32550 Miramar Beach

257 Driftwood Rd Unit 7, Miramar Beach, FL

This home is located at 257 Driftwood Rd Unit 7, Miramar Beach, FL 32550 since 11 March 2018 and is currently estimated at $1,034,929, approximately $404 per square foot. This property was built in 2017. 257 Driftwood Rd Unit 7 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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