$2,000,000
For Sale

159 Driftwood Road

Miramar Beach, FL 32550
9 beds | 9.00 baths | #959861
Browse 214 photos
Type:Purchase
Structure:House
Zone:Residential

Description

*This property is designed as a multi-family, but is legally recorded with the county under single family.* Don't miss out on this unique investment opportunity to own a 5-unit income property with a private resort feel. Located south of 98, it is only 0.2 miles to the public beach access with NO HOA fees! Each unit boasts stylish, low maintenance polished concrete floors, modern kitchens with quartz countertops, modern bathrooms with large format tile and freestanding tubs. Recent upgrades include a new roof, water heaters, and HVAC. The impact-rated windows provide hurricane protection, while front & back patios enhance outdoor living. An outdoor shower is conveniently available for beachgoers, and the property features new landscaping.

  • Interior Details
      • InteriorRenovated
    • Beds & Baths
      • Bathrooms9.00
      • Bedrooms9
  • Property Details
      • Exterior FeaturesFenced Lot-All, Patio Covered, Patio Open, Shower
      • Lot FeaturesWithin 1/2 Mile to Water
      • Exterior MaterialsRoof Metal
    • Measurements
      • Lot Size149'x78'x148'x78'
  • Construction Details
      • Property TypePurchase
      • StyleOther
    • Condition
      • Year Built1981
  • Utilities / Energy Details
      • EnergyAC - Central Elect, Water Heater - Elect
    • Utility
      • AppliancesCooktop, Dishwasher, Dryer, Refrigerator, Stove/Oven Electric, Washer
      • Utility FeaturesElectric, Public Sewer, Public Water
  • Community and Neighborhood Details
      • SubdivisionMIRAMAR BEACH
    • Location
      • Middle SchoolEmerald Coast
      • Elementary SchoolVan R Butler
      • High SchoolSouth Walton
  • Financial Details
      • Taxes Annual$2,075
      • Taxes Annual Year2023
  • Other
      • MLS #959861

Location

Marsha AdamsonReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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