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$4,200,000

Beds
9
Baths
9.5
sq ft
6,544

212 Driftwood Rd, Miramar Beach, FL 32550

212 Driftwood Rd

Miramar Beach, FL 32550

  • 1 day on market
Welcome to ''Hypnautic'', a luxury newly constructed beach house, boasts of 6650 square feet across three levels, featuring multiple indoor areas, outdoor living areas, fourth floor rooftop observation deck with panoramic gulf views. This property is thoughtfully designed to optimize maximum space for up to 30 guests and parking for over 10 vehicles. Walk the short distance to nearby beaches or enjoy the amenities provided in this beach retreat, including a superior outdoor space with resort style heated pool, hot tub, in-pool concrete picnic table, Royal Teak outdoor furniture and full outdoor kitchen. The large sliding doors on the first and second floor lend to that California style living with seamless outdoor-indoor living on two levels. Other notable features are in-home multi level movie theater, home elevator, Sonos system, multiple arcades, pool table and no HOA. Lifelike synthetic turf provides zero maintenance and year-round beautification. This home has it all the essentials for entertaining: rental machine was thoughtfully designed to optimize sleeping capacity without compromising quality and function with almost $400,000 in projected annual income. Sold fully furnished and rental ready for up to 30 guests.

Details

Property type

Single Family Residence

Est. home value

$3,901,531

Lot size

0.63 acres

Price per sq ft

$642

Year built

2020

Price History

03/11/2025
EmeraldCoast

EmeraldCoast #970870

Listed
$4,200,000
-3.45%
07/09/2024
EmeraldCoast

EmeraldCoast #934365

Removed
$4,350,000
04/21/2024
EmeraldCoast

EmeraldCoast #934365

Price change
$4,350,000
+10.13%

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Community Bank Of Central Alabama

Loan start date

November 2021

Original loan amount

$635,000

Est. remaining balance

Not provided

Interest rate

2.86%

Loan type

Commercial, 30 year

Seller

Titan Property Holdings Llc

Lender

First Community Bank Of Central Alabama

Loan start date

May 2021

Original loan amount

$1,450,000

Est. remaining balance

Not provided

Interest rate

3.09%

Loan type

Commercial, 30 year

Seller

Titan Property Holdings Llc

Lender

First Community Bank

Loan start date

May 2021

Original loan amount

$1,450,000

Est. remaining balance

Not provided

Interest rate

3.09%

Loan type

Commercial, 30 year

Seller

Titan Property Holdings Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/12/2025 at 4:10 PM

Listing updated: 03/11/2025 at 6:04 PM

Listed by: Nikita Korkh, Nikita Korkh, Nikita Korkh, Nikita Korkh, EXP Realty LLC Phone #: (850) 213-4091

MLS: EmeraldCoast #970870

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