257 Driftwood Road Unit 20, Miramar Beach, FL 32550 - Guiding You Home with Experience, Expertise & Integrity.

$939,900

***OPEN HOUSE, TUESDAY, JULY 14, NOON-2PM*** The ONLY 5-Bedroom Home Priced Under $1,000,000 in Miramar Beach South of Hwy 98! Opportunities like this rarely hit the market. Proven rental income, superior construction, over 2,600 square feet of living space, low HOA dues, heated community pool, and beach access right down… Read More the street all combine to make Driftwood Townhomes Unit 20 a value that's almost impossible to find. Built in 2017, this fully furnished luxury townhome offers the space of a single-family home with the convenience of HOA-provided lawn and pool care. True craftsmanship is evident throughout, featuring nine-foot ceilings with crown molding, natural oak hardwood floors, porcelain tile, 8' baseboards, impact-rated windows, Trex decking, and durable fiber-cement construction. Engineered to comfortably accommodate up to 12 guests, the smart three-story layout maximizes space and flow. The first floor features a spacious king bedroom, custom built-in bunk room, full bath, private grill patio, the first of two washer/dryers, and the attached two-car garage with tile floor and insulated garage door. The second floor is an entertaining hub flooded with natural light, boasting an expansive open living area, a chef's kitchen with custom cabinetry, granite countertops, stainless appliances, an oversized wood island table, and a guest bedroom with a private balcony and shared bath. The third level serves as an owner's sanctuary, featuring a sprawling primary suite with a huge walk-in closet, a deep garden tub, and an oversized double-head shower. The third level also has another bedroom, en-suite bath, as well as the second washer/dryer set. The coastal-inspired furnishings throughout the home will convey to the new buyer. This high-capacity, luxury design is exactly why the numbers are so compelling for investors. While the property grossed over $62,000 in 2025, that figure reflects heavy owner usage during peak holiday weeks. Because the current owners prioritized the property as a well-maintained second home rather than a pure rental, a dedicated investor can expect annual projections to far exceed current performance. The rental manager has exceptional Airbnb reviews and would be happy to continue managing, providing immediate bookings and income. Additionally, the quarterly HOA dues are remarkably low at only $1,000/quarter. This efficiently covers lawn maintenance, trash, and the heated community pool, which keeps vacationers happy and profits strong. That exceptional income potential is driven by a fantastic coastal location. Unit 20 sits as the closest unit to the shore in the entire complex! It is only about 0.2 miles from the sugar-white sands of the Miramar Beach Regional Access by Pompano Joe's. This prime location places the property just minutes from world-class shopping at Silver Sands Premium Outlets, upscale dining and entertainment at Grand Boulevard and the Village of Baytowne Wharf, and top-rated coastal attractions along the coast. Offering the ultimate combination of size, location, builder quality, and cash-flow potential, Unit 20 represents a top tier investment in Miramar Beach. Schedule your showing today. A video tour is also available. Read Less

Courtesy of Courtney Pantalena, Coldwell Banker Realty.

Listing Snapshot

Days Online

Last Updated

Jul 5, 2026

Beds

Square Ft.

2,610

Year Built

2017

MLS Number

1006783

30 Days Snapshot Of 32550

$766k

+28%

(avg) sold price

-45%

homes sold

195

+21%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road surface: "Paved"

Building

Architectural style: "Townhome", Total area: 2,610, Built in 2017

Cooling

"Central Air"

Exterior Features

"BBQ Pit/Grill"

Garage

2 spaces

Heating

"Central"

Interior Features

"Breakfast Bar", "Ceiling Crwn Molding", "Kitchen Island", "Owner's Closet", "Washer/Dryer Hookup", "Woodwork Painted"

Lot

"Dead End", "Within 1/2 Mile to Water"

Taxes

Annual amount: $7,654

Windows

"Window Treatment All"

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257 Driftwood Road Unit 20

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