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$950,000

Beds
4
Baths
4.0
sq ft
2,281

257 Driftwood Rd Unit 3, Miramar Beach, FL 32550

257 Driftwood Rd Unit 3

Miramar Beach, FL 32550

  • 14 days on market
Looking for a great rental property opportunity? Discover the pinnacle of upscale coastal living in this exclusive 20-unit, townhome-style complex located in the heart of Miramar Beach. This low-density community offers unparalleled privacy and serenity while being just a short 3-minute walk from pristine beaches and the iconic Pompano Joe's Seafood House. Fully furnished and impeccably maintained, each residence embodies ''as-new'' quality and sophisticated design.Step inside to experience the thoughtfully crafted interiors. The first floor features elegant porcelain tile flooring throughout, a cozy bedroom with custom-built bunk beds, and a full bathroom. The inviting backyard patio, adorned with stylish pavers, creates a perfect space for entertaining or unwinding. The insulated one-car garage, complete with a dehumidifier and tiled flooring, offers versatility and can easily transform into an additional bedroom if desired. Ascending to the second and third floors, you'll find stunning natural oak hardwood floors complemented by soaring 9-foot ceilings, 5-1/4" crown molding, and energy-efficient LED lighting. The gourmet kitchen is a chef's dream, equipped with premium stainless-steel appliances, including the 2022 Frigidaire Gallery series refrigerator and microwave, as well as a flat cooktop range and dishwasher. Ample storage is provided by soft-close Arista Craft cabinetry and a spacious pantry. The open-plan dining area, featuring a communal wood dining table, is perfect for hosting memorable gatherings, while the outdoor balcony offers a serene spot for enjoying snacks and refreshments. On the second floor, an additional bedroom boasts views of the community's inviting pool, complete with lush Driftwood-inspired features. The third-floor master suite is a luxurious retreat, showcasing a generous walk-in closet, an expansive shower, and a modern garden soaking tub that exudes spa-like elegance. Built to endure, the exterior of these townhomes is constructed with durable fiber cement board siding, finished with resilient PPG elastomeric paint, and fitted with impact-resistant glass windows capable of withstanding winds up to 150 MPH. This rare offering combines refined design, premium amenities, and an unbeatable location. Schedule your viewing today and immerse yourself in the luxury and tranquility of this exceptional community.

Details

Property type

Townhouse

Est. home value

$939,144

Lot size

Unknown

Price per sq ft

$417

Year built

2017

Monthly HOA fee

$325

Price History

01/09/2025
EmeraldCoast

EmeraldCoast #966116

Listed
$950,000
+0.53%
07/10/2023
EmeraldCoast

EmeraldCoast #918172

Sold
$945,000
+59.12%
07/09/2018
EmeraldCoast

EmeraldCoast #795698

Sold
$593,900

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

Pool

Negotiation Insights

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

Seller could get up to

$507,981
Asking price
$950,000
Closing costs (~8% of asking)
-$76,000
Est. remaining loan balance
-$366,019
Cash to seller
$507,981

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Great Southern Bank

Loan start date

July 2023

Original loan amount

$372,500

Est. remaining balance

$366,019

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Robin Schwab and Jimmy Schwab

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?

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Status: Active

Tomo last checked: 01/23/2025 at 12:20 PM

Listing updated: 01/14/2025 at 4:34 PM

Listed by: Michael Tomlin, Michael Tomlin, Michael Tomlin, Coldwell Banker Realty Phone #: (850) 650-4563

MLS: EmeraldCoast #966116

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