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.

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Data last updated 4:28 PM UTC, 11/7/2024

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