257 Driftwood Road Unit 20, Miramar Beach, FL 32550

$939,900

The ONLY 5-Bedroom Home Priced Under $1,000,000 in Miramar Beach South of Hwy 98! Over $65K in rental income on the books with 6 months left in 2026! Opportunities like this rarely hit the market. Proven rental income, superior construction, over 2,600 square feet of living space, low HOA dues,… Read More heated community pool, and beach access right down 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. 2026 already has over $65K on the books and there are still plenty of open days that will get booked in the remaining 6 months of the year. 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, 850-738-4881

Listing Snapshot

Days Online

Last Updated

Jul 17, 2026

Beds

Square Ft.

2,610

Year Built

2017

MLS Number

1006783

30 Days Snapshot Of 32550

$806k

+44%

(avg) sold price

-41%

homes sold

112

-33%

(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

Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List

Mortgage Calculator

Selling price

Down payment

Term (years)

Interest rate (%)

Monthly Payment

257 Driftwood Road Unit 20

'VIP' Listing Search

Schools In The Area

Similar Listings

Find My Dream Home

1. Neighborhoods

2. Home Type

3. Send