257 Driftwood Road #10, Miramar Beach, FL 32550
Local realty services provided by:ERA American Real Estate
257 Driftwood Road #10,Miramar Beach, FL 32550
$915,000
- 5 Beds
- 4 Baths
- 2,610 sq. ft.
- Single family
- Active
Listed by: nikita korkh, ogle luxury group
Office: exp realty llc.
MLS#:1014074
Source:FL_ECAR
Price summary
- Price:$915,000
- Price per sq. ft.:$350.57
About this home
The ONLY 5-Bedroom property priced under $995,000 South of Hwy 98 in Miramar Beach and Destin! Offering unmatched value, substantial cash-flow upside, and lean operating costs, Driftwood Townhomes Unit 10 is an exceptional turnkey short-term rental or coastal family retreat.
The revenue figures make this an investor's dream: the property has grossed just under $90,000 annually even with owner usage, while professional management projections reach $130,000. Operating overhead is remarkably low to protect your bottom line. Situated in desirable Flood Zone X, the home features modern construction with impact-rated windows, durable fiber-cement siding, and Trex decking, offering long-term durability and the potential for maximum wind mitigation insurance discounts.
Combined with remarkably low HOA dues of just $1,000 per quarter -- covering lawn care and the heated community pool -- net cash flow remains strong.
Spanning over 2,600 square feet across three stories, this fully furnished luxury residence provides the scale and privacy of a single-family home, engineered to comfortably accommodate up to 14 guests. Quality finishes include 9-foot ceilings with crown molding, natural oak hardwood flooring, porcelain tile, and 8-inch baseboards. The first level features a king bedroom, custom built-in bunk room, full bath, private grilling patio, the first of two full-size laundry areas, and an attached two-car garage with finished tile flooring and an insulated garage door. The second floor serves as an open entertaining hub flooded with natural light, showcasing a chef's kitchen with custom cabinetry, granite countertops, stainless steel appliances, an oversized wood island table, and a guest suite with a private balcony. The third floor offers an owner's sanctuary highlighted by an expansive primary suite with a deep soaking tub, walk-in closet, and double-head walk-in shower, alongside an additional en-suite bedroom and the second washer/dryer set.
All coastal-inspired furnishings and decor convey, allowing for immediate bookings on day one. Guests are just a short walk (approximately 0.2 miles) to the sugar-white sand and emerald waters of Miramar Beach Regional Access by Pompano Joe's, and only minutes from world-class shopping at Silver Sands Outlets, Grand Boulevard, and Baytowne Wharf.
A 5-bedroom home south of 98 under $900K with $130K earning potential and low carrying costs is almost impossible to find. Comes fully furnished, schedule your private showing today!...
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Home facts
- Year built:2017
- Subdivision & Development:DRIFTWOOD DRIVE TOWNHOMES
- Listing ID #:1014074
- Added:6 day(s) ago
- Updated:October 28, 2026 at 08:22 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:15
- Kitchen Description:Cooktop, Dishwasher, Disposal, Microwave, Oven Self Cleaning, Refrigerator/Icemaker, Stove Top, Stove/Oven Electric
- Living area:2,610 sq. ft.
Heating and cooling
- Central air:Yes
Structure and exterior
- Year built:2017
- Building area:2,610 sq. ft.
- Lot area:0.03 Acres
- Architectural Style:Townhome
- Exterior Features:Balcony, Sprinkler System
Schools
- High school:South Walton
- Middle school:Emerald Coast
- Elementary school:Van R Butler
Utilities
- Water:Public Water
Finances and disclosures
- Price:$915,000
- Price per sq. ft.:$350.57
- Tax amount:$7,654 (2025)
Features and amenities
- Appliances:Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator w/Ice Maker, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
- Laundry features:Dryer, Washer
- Amenities:Breakfast Bar, Kitchen Island
Parking
- Garage:Yes
- Garage spaces:2
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