Active
111 S Driftwood Bay, 123
Miramar Beach FL, 32550
$520,000
$452.57 per sqft
Active
2 Beds
2 Baths
1,149 sqft
Condos
Built in 1984
Price reduction( lowest $ per square foot in the complex ) in the exclusive Seascape Resort of Miramar Beach! This stunning ground-floor unit offers not only a prime location, also incredible convenience for both vacationers and owners alike. Imagine being just 50 steps from the sugar-white sands and emerald waters of the Gulf of Mexico, where your beach day is always within reach. Plus, you're only 20 steps away from one of the resort's five luxurious pools, making it easy to cool off & relax.
Snowbird committed Jan through March bringing in about 8k!! Which can transfer to the buyer when they close.
Projections 45-55k a year in rentals.
Appraisal already completed!
Screened-in patio overlooking a tranquil lake(a brand new screen will be done this month), where you can enj or evening wine with a peaceful viewThis serene setting offers a quiet escape after a fun-filled day at the beach or exploring the vibrant local area.
Seascape Resort itself is a haven of amenities, offering tennis courts, a golf course, a fitness center, and access to beachside dining. Beyond that, the resort has some amazing concerts and events, hosting some of the biggest names in music, including Luke Combs, Lyle Lovett, Melissa Etheridge, Tanya Tucker, and many more, making it a destination for both entertainment and relaxation.
Location, location, location! Not only are you steps away from the beach, but you're also a short distance from some of the best restaurants and shopping on the Emerald Coast. The Surf Hut, known for its seafood and beachfront views, is just minutes away, as is Acme Oyster House and Whale's Tail Beach Bar & Grill for casual dining by the shore. For those seeking more upscale experiences, Oceans Club and Seagar's Prime Steaks & Seafood are a short drive away, offering the perfect blend of fine dining and beachside elegance.
Love to shop? You're a quick trip from Silver Sands Premium Outlets, one of the largest designer outlet malls in the nation, offering luxury brands like Michael Kors, Coach, and Nike. Also nearby is the upscale Grand Boulevard, featuring Tommy Bahama, Anthropologie, Lululemon, and more, along with gourmet restaurants such as Emeril's Coastal and Fleming's Prime Steakhouse.
This property also presents an exceptional investment opportunity. The seller has paid all assessments in full, and the building improvements are scheduled to be completed any day now, giving the buyer peace of mind. Even better, this unit already has October bookings lined up, plus a snowbird reservation from January through March, which can be seamlessly transferred to the new owner, providing immediate rental income.
Don't miss your chance to own a slice of paradise on the Emerald Coast!
959116
MLSⓇ ID
September 13, 2024
Listed
November 7, 2024
Updated
Map
111 S Driftwood Bay, 123
Miramar Beach FL, 32550
Interior Features
Total Stories
2
Bedrooms
2
Total Bathrooms
2
Full Bathrooms
2
Interior Features
Breakfast Bar, Furnished - All, Owners Closet, Renovated, Window Treatment All
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Stove/Oven Electric, Washer
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Exterior Features
Patio Covered, Patio Enclosed, Porch, Porch Screened
Architectual Style
N/A
School Information
High School
South Walton
Elementary School
Van R Butler
Other Property Details
Area Name
15 - Miramar/Sandestin Resort
Taxes
$3,202
Tax Frequency
Annually
Days on Market
55
Association Fee
$3,060
Association Fee Frequency
Quarterly
Garage
No
View
Yes
View Description
Lake
County
Walton
Pool
No
Pool Features
Pool Type
Waterfront
Yes
Listing History
Date | Event | Price |
---|---|---|
11/7/2024 | Price change | $520,000 -2% |
Courtesy of EXP Realty LLC, Jonathan R Marrone,
Listing Contact: 732-644-5162
IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Rachel Warrell shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Emerald Coast Association of REALTORS. All rights reserved.
Data last updated 4:28 PM UTC, 11/7/2024