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$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, 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.

5 Beds ⋅ 4 Baths ⋅ 1006783 MLS

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, 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.

257 Driftwood Road Unit 20, Miramar Beach

$829,000

Welcome to Driftwood Townhomes, where coastal living and exceptional investment potential come together just a short walk from the sugar-white sands of Miramar Beach. This beautifully furnished 4-bedroom, 4-bathroom townhome offers the perfect blend of luxury, comfort, and strong short-term rental appeal. Designed to accommodate large families and groups, this spacious three-story retreat features multiple private bedroom suites, an open-concept living area, and two full-size washer and dryer sets for added convenience. The one-car garage with tiled flooring provides additional storage for beach gear, bikes, and owner belongings, and a community pool after a day on the sand. Guests love the unbeatable location, just a short stroll from the beach and popular restaurants, shopping, entertainment, and scenic bike paths. It's the ideal beach getaway with plenty of room to gather, relax, and create lasting memories. The intimate community of only 20 townhomes creates an exclusive atmosphere that keeps visitors returning year after year. Whether you're seeking a high-performing rental property, a second home, or both, this turnkey beach retreat is ready to deliver. Don't miss this opportunity to own a fully furnished coastal investment in the heart of Miramar Beach.

4 Beds ⋅ 4 Baths ⋅ 1005884 MLS

Welcome to Driftwood Townhomes, where coastal living and exceptional investment potential come together just a short walk from the sugar-white sands of Miramar Beach. This beautifully furnished 4-bedroom, 4-bathroom townhome offers the perfect blend of luxury, comfort, and strong short-term rental appeal. Designed to accommodate large families and groups, this spacious three-story retreat features multiple private bedroom suites, an open-concept living area, and two full-size washer and dryer sets for added convenience. The one-car garage with tiled flooring provides additional storage for beach gear, bikes, and owner belongings, and a community pool after a day on the sand. Guests love the unbeatable location, just a short stroll from the beach and popular restaurants, shopping, entertainment, and scenic bike paths. It's the ideal beach getaway with plenty of room to gather, relax, and create lasting memories. The intimate community of only 20 townhomes creates an exclusive atmosphere that keeps visitors returning year after year. Whether you're seeking a high-performing rental property, a second home, or both, this turnkey beach retreat is ready to deliver. Don't miss this opportunity to own a fully furnished coastal investment in the heart of Miramar Beach.

257 Driftwood Rd Unit UNIT 15, Miramar Beach

$824,900

ATTENTION INVESTORS & BEACH LOVERS - TURNKEY LUXURY JUST STEPS FROM THE GULF! Welcome to Driftwood Townhomes #3, an exceptional coastal retreat nestled within an exclusive 20-residence luxury community in the heart of Miramar Beach. Perfectly positioned just a short stroll from the sugar-white sands of the Emerald Coast and the iconic Pompano Joe's, this fully furnished, rental-ready townhome offers the rare combination of luxury, location, and income-producing potential. Designed with both elegance and durability in mind, this stunning 4-bedroom, 4-bathroom residence comfortably sleeps up to 12 guests and showcases premium finishes throughout. The highly sought-after floor plan features gorgeous porcelain tile flooring throughout the first level, where you'll find a spacious bunk suite complete with custom built-in bunks, abundant storage, and a full bathroom. The private outdoor patio creates the perfect setting for entertaining after a day at the beach. The second and third floors are highlighted by rich, natural oak hardwood flooring, soaring 9-foot ceilings, elegant 5¼-inch crown molding, and multiple private balconies featuring Trex decking and aluminum railings. The chef-inspired kitchen is truly the centerpiece of the home, showcasing AristaCraft soft-close cabinetry, endless granite countertops, Frigidaire Gallery stainless steel appliances, and a stunning oversized maple wood island table designed for gathering family and guests. Read more.... Luxury and functionality blend seamlessly throughout the residence with two sets of washers and dryers conveniently located on the first and third floors, three separate Carrier heat-pump HVAC systems (one dedicated to each floor), LED lighting throughout, impact-resistant glass windows, and a 50-gallon hot water tank with an integrated dehumidifier pump. The insulated garage features tiled flooring and an insulated garage door, offering additional flexibility and storage. The luxurious primary suite serves as a private sanctuary, featuring a massive walk-in closet, oversized walk-in shower, and a spa-inspired soaking tub designed for ultimate relaxation. Additional guest bedrooms provide comfortable accommodations for large families, vacationers, and rental guests alike. Built to withstand the coastal environment, these townhomes feature durable fiber-cement construction, impact-rated windows designed to withstand winds up to 150 MPH, and Gulf Power-certified "EarthCents" energy-efficient construction. Combined with remarkably low HOA dues, ownership costs remain attractive for both investors and second-home owners. Residents and guests enjoy access to a seasonally heated resort-style community pool, beautifully landscaped grounds, and one of the most desirable locations along the Emerald Coast. You're just minutes from Silver Sands Premium Outlets, Grand Boulevard, Baytowne Wharf, championship golf courses, world-class dining, boating, fishing, and endless entertainment. Whether you're searching for a high-performing short-term rental investment, a luxurious second home, or a full-time beach residence, this exceptional property delivers the perfect blend of lifestyle and financial opportunity. Rarely does a property combine this level of craftsmanship, rental potential, energy efficiency, and walkability to the beach. Schedule your private showing today and secure your place in one of Miramar Beach's most desirable coastal communities before this opportunity slips away.

4 Beds ⋅ 4 Baths ⋅ 1005147 MLS

ATTENTION INVESTORS & BEACH LOVERS - TURNKEY LUXURY JUST STEPS FROM THE GULF! Welcome to Driftwood Townhomes #3, an exceptional coastal retreat nestled within an exclusive 20-residence luxury community in the heart of Miramar Beach. Perfectly positioned just a short stroll from the sugar-white sands of the Emerald Coast and the iconic Pompano Joe's, this fully furnished, rental-ready townhome offers the rare combination of luxury, location, and income-producing potential. Designed with both elegance and durability in mind, this stunning 4-bedroom, 4-bathroom residence comfortably sleeps up to 12 guests and showcases premium finishes throughout. The highly sought-after floor plan features gorgeous porcelain tile flooring throughout the first level, where you'll find a spacious bunk suite complete with custom built-in bunks, abundant storage, and a full bathroom. The private outdoor patio creates the perfect setting for entertaining after a day at the beach. The second and third floors are highlighted by rich, natural oak hardwood flooring, soaring 9-foot ceilings, elegant 5¼-inch crown molding, and multiple private balconies featuring Trex decking and aluminum railings. The chef-inspired kitchen is truly the centerpiece of the home, showcasing AristaCraft soft-close cabinetry, endless granite countertops, Frigidaire Gallery stainless steel appliances, and a stunning oversized maple wood island table designed for gathering family and guests. Read more.... Luxury and functionality blend seamlessly throughout the residence with two sets of washers and dryers conveniently located on the first and third floors, three separate Carrier heat-pump HVAC systems (one dedicated to each floor), LED lighting throughout, impact-resistant glass windows, and a 50-gallon hot water tank with an integrated dehumidifier pump. The insulated garage features tiled flooring and an insulated garage door, offering additional flexibility and storage. The luxurious primary suite serves as a private sanctuary, featuring a massive walk-in closet, oversized walk-in shower, and a spa-inspired soaking tub designed for ultimate relaxation. Additional guest bedrooms provide comfortable accommodations for large families, vacationers, and rental guests alike. Built to withstand the coastal environment, these townhomes feature durable fiber-cement construction, impact-rated windows designed to withstand winds up to 150 MPH, and Gulf Power-certified "EarthCents" energy-efficient construction. Combined with remarkably low HOA dues, ownership costs remain attractive for both investors and second-home owners. Residents and guests enjoy access to a seasonally heated resort-style community pool, beautifully landscaped grounds, and one of the most desirable locations along the Emerald Coast. You're just minutes from Silver Sands Premium Outlets, Grand Boulevard, Baytowne Wharf, championship golf courses, world-class dining, boating, fishing, and endless entertainment. Whether you're searching for a high-performing short-term rental investment, a luxurious second home, or a full-time beach residence, this exceptional property delivers the perfect blend of lifestyle and financial opportunity. Rarely does a property combine this level of craftsmanship, rental potential, energy efficiency, and walkability to the beach. Schedule your private showing today and secure your place in one of Miramar Beach's most desirable coastal communities before this opportunity slips away.

257 Driftwood Rd Unit UNIT 3, Miramar Beach

$925,000

Ideally located right in the heart of Miramar Beach. The 1st floor features a large bunk room with sleeping for 4 as well as access to the back deck, perfect for grilling! On the 2nd floor you will find the open entertaining space with living room and kitchen as well as a guest bedroom with its own balcony. Up on the 3rd floor you will find two master suites each with private bathrooms. If you value parking and storage you are sure to appreciate the one car garage with is difficult to find at this price point!

4 Beds ⋅ 4 Baths ⋅ 939744 MLS

Ideally located right in the heart of Miramar Beach. The 1st floor features a large bunk room with sleeping for 4 as well as access to the back deck, perfect for grilling! On the 2nd floor you will find the open entertaining space with living room and kitchen as well as a guest bedroom with its own balcony. Up on the 3rd floor you will find two master suites each with private bathrooms. If you value parking and storage you are sure to appreciate the one car garage with is difficult to find at this price point!

257 Driftwood Rd Unit UNIT 12, Miramar Beach

$799,999

Discover your Dream Getaway and prime vacation rental investment at Driftwood Townhomes. Unit 1 is a 4BR/4BA luxury TH just built in 2017 with a spacious 2,281 sqft Luxury floorplan and designer furnishings to match. Add to that a 1-Car Garage to fit all your fun Beach toys and a coveted End-unit privacy spot and owners/vacationers love it. Located only a short stroll to the pristine White Sand Beaches and Emerald green waters of Florida's Gulf Coast and a short drive to all the best local restaurants, shopping and Golf, makes this a prime location in Miramar Beach. Weather you're looking for a second home or an investment, this turnkey property with proven rental success can be your next best decision. Come stick your toes in the sand and see for yourself.

4 Beds ⋅ 4 Baths ⋅ 985055 MLS

Discover your Dream Getaway and prime vacation rental investment at Driftwood Townhomes. Unit 1 is a 4BR/4BA luxury TH just built in 2017 with a spacious 2,281 sqft Luxury floorplan and designer furnishings to match. Add to that a 1-Car Garage to fit all your fun Beach toys and a coveted End-unit privacy spot and owners/vacationers love it. Located only a short stroll to the pristine White Sand Beaches and Emerald green waters of Florida's Gulf Coast and a short drive to all the best local restaurants, shopping and Golf, makes this a prime location in Miramar Beach. Weather you're looking for a second home or an investment, this turnkey property with proven rental success can be your next best decision. Come stick your toes in the sand and see for yourself.

257 Driftwood Rd Unit # 1, Miramar Beach

$725,000

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.

4 Beds ⋅ 4 Baths ⋅ 988336 MLS

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.

257 Driftwood Rd Unit # 16, Miramar Beach

$835,000

Welcome to 257 Driftwood Road, Unit 11, a stunning three-story townhome nestled in the heart of Miramar Beach, FL. This charming corner unit exudes a cozy and relaxed vibe, offering a comfortable 2,018 square feet of living space with four bedrooms and four bathrooms. As you step inside, you'll be greeted by beautiful oak hardwood floors and crown molding, setting the stage for a welcoming atmosphere. The spacious and airy living area flows seamlessly into the dining room and kitchen, outfitted with sleek stainless steel appliances, including a dishwasher and microwave. Enjoy casual meals or entertain friends in this stylish space. Each bedroom is thoughtfully designed, ensuring ample space and privacy. The master suite is a true retreat with its own ensuite bathroom featuring an oversized shower and a soaking tubperfect for unwinding after a day out by the nearby beach. The home is equipped with modern essentials like air conditioning, ceiling fans, and a fireplace, ensuring your year-round comfort. A private patio offers an ideal spot for relaxation or evening BBQs. Additional amenities include an attached garage, laundry facilities, and access to a community pool. This townhome is not just a place to live; it's a lifestyle waiting for you to embrace. Don't miss out on making this inviting space your new home! Sold fully furnished.

4 Beds ⋅ 4 Baths ⋅ 986808 MLS

Welcome to 257 Driftwood Road, Unit 11, a stunning three-story townhome nestled in the heart of Miramar Beach, FL. This charming corner unit exudes a cozy and relaxed vibe, offering a comfortable 2,018 square feet of living space with four bedrooms and four bathrooms. As you step inside, you'll be greeted by beautiful oak hardwood floors and crown molding, setting the stage for a welcoming atmosphere. The spacious and airy living area flows seamlessly into the dining room and kitchen, outfitted with sleek stainless steel appliances, including a dishwasher and microwave. Enjoy casual meals or entertain friends in this stylish space. Each bedroom is thoughtfully designed, ensuring ample space and privacy. The master suite is a true retreat with its own ensuite bathroom featuring an oversized shower and a soaking tubperfect for unwinding after a day out by the nearby beach. The home is equipped with modern essentials like air conditioning, ceiling fans, and a fireplace, ensuring your year-round comfort. A private patio offers an ideal spot for relaxation or evening BBQs. Additional amenities include an attached garage, laundry facilities, and access to a community pool. This townhome is not just a place to live; it's a lifestyle waiting for you to embrace. Don't miss out on making this inviting space your new home! Sold fully furnished.

257 Driftwood Rd Unit UNIT 11, Miramar Beach