NOT LISTED FOR SALE

Estimated Value: $924,497 - $980,000

4 Beds
4 Baths
2,018 Sq Ft
$255/mo HOA Fee

Last Sold June 12, 2019

Last sale price $589,900 $292 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $6,068/month

Highlights

  • Newly Painted Property
  • Wood Flooring
  • Balcony
  • Van R. Butler Elementary School Rated A-
  • Community Pool
  • 1 Car Attached Garage

About This Home

As of June 2019

Looking for a true rental investment property? This is one of the best deals in Miramar Beach. The yearly gross rental income is projected at $82,700 and the 4BR units are on track to meet that number. Located close to the beach and dining. Please stop by and visit our model home that is open daily to see why Driftwood Townhomes has become one of Miramar Beaches exciting new communities. There are a total of twenty units and there are only a few 4BR units still available. All units are three story, 1-car garage and energy efficient ''Earth Cents'' rated. The first floor has a spacious bedroom with two built-in bunk beds, full bath and a full size stackable washer & dryer. On the second floor there is an open family room, dining area, kitchen, bedroom with private bath and a second full bath. On the third floor there is a master bedroom with luxurious master bath, bedroom with private bath and a second full size washer and dryer. The units will not disappoint and are nicely finished with oak hardwood floors, crown molding, porcelain tile, stainless Frigidaire appliances and the community is beautiful landscaped with an entry fence, lovely pool that is heated during the winter and has his and hers bathrooms which makes it the perfect gathering spot. Come visit us today!

Last Agent to Sell the Property

Shaina Hershey Sly

Keller Williams Realty SRB License #3172450 Listed on: 05/19/2019

Keller Williams Realty SRB

Last Buyer's Agent

James Duren

Newman Dailey Resort Properties License #642861

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $138

Year Built

  • Built in 2017

Lot Details

  • 9,583

HOA Fees

  • $255 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
  • 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

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-21-42950-000-0090

Community Details

Overview

  • Association fees include ground keeping, recreational faclty, trash
  • 10 Buildings
  • 10 Units
  • Driftwood Drive Townhomes Subdivision

Recreation

  • Community Pool

Security

  • Building Fire Alarm
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$138

Year Built

Built in 2017

Lot Details

0

HOA Fees

$255 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • 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. From Hwy 98 turn South on Driftwood Rd. Townhomes will be on your right a block past Miramar Plaza.
  • Architectural Style: N/A
  • 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

  • Number Of Buildings: 10
  • 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 - None, 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:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Newly Painted: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Roof Dimensional Shg, Siding CmntFbrHrdBrd, Slab, Trim Aluminum, Trim Wood
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Trim Aluminum: Yes
  • ConstructionSiding:Roof Dimensional Shg: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • ConstructionSiding:Trim Wood: 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: Pool
  • Association #2 Fee: 255.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Parcel #: 30-2S-21-42950-000-0090
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 10

Tax Info

  • Tax Annual Amount: 138.29
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2019
Closed on
Jun 11, 2019
Sold by
Driftwood Group Llc
Bought by
Bto Llc
Seller's Agent
Shaina Hershey Sly
Keller Williams Realty SRB
Buyer's Agent
James Duren
Newman Dailey Resort Properties
List Price
$589,900
Sold Price
$589,900
Current Estimated Value
$967,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,486
Avg. Annual Appreciation
8.15%

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
Bto Llc $589,900 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
Previous Owner Driftwood Group Llc $8,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2020 09/24/20 Off Market $589,900 -- --
06/12/2019 06/12/19 Sold $589,900 0.0% $292 / Sq Ft
05/19/2019 05/19/19 For Sale $589,900 -- $292 / Sq Ft
05/18/2019 05/18/19 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 $6,194 $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

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 804537

Emerald Coast Association of REALTORS®

APN: 30-2S-21-42950-000-0090