INVESTORS! 3 Blocks to the Beach $100K+ Income Potential Rare Private Garage. This modern 4BR/4BA Miramar Beach townhome offers what investors want most-location, income, and upside. Just a short walk to the Gulf, this property delivers exceptional rental potential with flexible sleeping setups, quality finishes, and strong guest appeal. Add a game room, sleep 12, and watch bookings soar. Low HOA fees, impact windows, community pool, and unbeatable proximity to Pompano Joe's public beach access. High demand, low supply-this is the one to own. Invest Smart at 257 Driftwood Rd #16 a modern, income-producing townhome just three blocks from Miramar Beach's world-class shoreline. Designed for investors focused on cash flow and long-term appreciation, this 4BR/4BA, 2,018 sq ft property offers the rare combination of size, versatility, and a private garage. Sold unfurnished, it's a blank canvas ready for your design vision. Convert the first-floor bedroom into a game room or media suite that grabs attention in your rental photos. Reconfigure the upper bedrooms with bunks and a sleeper sofa to comfortably sleep up to 12 guestsa setup proven to generate $100K+ annually based on nearby comps. High-quality finishes throughoutoak hardwood floors, porcelain tile, custom maple island, soft-close cabinetry, crown molding, impact-rated windows and doors, and a metal roof. The community pool is just steps away, and the Pompano Joe's Regional Beach Access #49 is a short stroll, offering restrooms, showers, lifeguards, and one of Walton County's widest stretches of public beach. Guests love the walkable location near restaurants, coffee shops, and entertainmentdriving higher occupancy, stronger reviews, and repeat bookings. With low HOA fees, solid construction, and consistent rental demand, this property checks every box for investors, 1031 exchangers, or second-home buyers looking to build wealth while renters pay the mortgage. Highlights: 4 BR / 4 BA | 2,018 sq ft $100K+ potential annual income Private garage (rare for this area) Steps to the community pool 3 blocks to beach access with lifeguards & restrooms Proven rental corridor in Miramar Beach Low HOA fees, impact windows, brick paver drive Whether you're expanding a portfolio, completing a 1031 exchange, or searching for a high-performing vacation rental, 257 Driftwood #16 offers the perfect blend of lifestyle, location, and leveraged wealth building on Florida's Emerald Coast.
Property Features
Bedrooms
- Bedrooms: 4
- Primary Bedroom Dimensions: 13' x 12'
- 2nd Primary Bedroom Dimensions: 12' x 12'
- Bedroom 1 Dimensions: 13' x 12'
- Bedroom 2 Dimensions: 16' x 13.5'
- Primary Bedroom Level: Third
- 2nd Primary Bedroom Level: Third
- Bedroom 1 Level: Second
- Bedroom 2 Level: First
Other Rooms
- Total Rooms: 11
- Balcony Dimensions: 6' x 3'
- Balcony Level: Second
- Full Bathroom Dimensions: 9' x 6'
- Full Bathroom Level: Second
- Full Bathroom Dimensions: 8' x 5'
- Full Bathroom Level: Third
- Full Bathroom Dimensions: 9' x 5'
- Full Bathroom Level: First
- Living Room Dimensions: 16' x 16'
- Living Room Level: Second
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Interior Features
- Ceiling Crwn Molding
- Lighting Recessed
- Owner's Closet
- Flooring: Floor Hardwood, Floor Tile
- Window Features: Window Treatment All
Appliances
- Auto Garage Door Opn
- Cooktop
- Dishwasher
- Disposal
- Dryer
- Microwave
- Oven Self Cleaning
- Refrigerator W/IceMk
- Smoke Detector
- Washer
- Water Heater - Elect
Heating and Cooling
- Cooling Features: Ceiling Fans, Central Air
- Heating Features: Central
- Heating: Yes
- Ceiling Fans: Yes
Kitchen and Dining
- Kitchen Description: Kitchen Dining Combo
- Kitchen Dimensions: 16' x 16'
- Kitchen Level: Second
Exterior and Lot Features
- Balcony
- BBQ Pit/Grill
- Fencing: Fenced Lot-Part
Pool and Spa
Garage and Parking
- Attached Garage: Yes
- Garage Spaces: 1
- Garage Dimensions: 20' x 13'
Homeowners Association
- Association: Yes
- Association Fee: 975
- Association Fee Frequency: Quarterly
- Association Fee 2: 975
- Association Fee Includes: Ground Keeping, Master Association, Recreational Faclty
- Calculated Total Monthly Association Fees: 325
School Information
- Elementary School: Van R Butler
- High School: South Walton
- Middle School: Emerald Coast
Amenities and Community Features
- Community Features: BBQ Pit/Grill, Dumpster, Pets Allowed, Pool
Other Property Info
- Annual Tax Amount: 7096
- Source Listing Status: Active
- County: Walton
- Directions: Turn South onto Driftwood Rd if coming from Hwy 98 or North if coming from Scenic Hwy 98. Townhomes will be on the West side of the street. Unit 1 is the 1st Unit on the right side of the complex.
- Tax Year: 2024
- Source Property Type: Residential
- Area: 15 - Miramar/Sandestin Resort
- Property Subtype: townhouse
- MLS Area Minor: 1502 - Miramar Beach S. of 98 w/exception of Sande
- Source Neighborhood: Driftwood Drive Townhomes
- Parcel Number: 30-2S-21-42950-000-0160
- Subdivision: Driftwood Drive Townhomes
- Zoning: Resid Multi-Family
- Property Subtype: Attached Single Unit
Building and Construction
- Total Square Feet Living: 2281
- Year Built: 2017
- Building Area Source: County PA Records
- Building Area Total: 2281
- Construction Materials: Siding CmntFbrHrdBrd, Trim Aluminum, Trim Wood
- Property Age: 8
- Property Condition: Construction Complete
- Levels or Stories: 3
- Total Area Sqft: 2281
- Architectural Style: Contemporary
Utilities
- Sewer: Public Sewer
- Electric
- Public Water
- TV Cable
- Underground
Home Features
- Security Features: Fire Alarm/Sprinkler