$6,175

closing credit¹

111 S Driftwood Bay Unit 123 Miramar Beach, FL 32550

$520,000
2 beds
2 full
1,149 sqft
$453 / sqft
Condo

Property details

About 111 S Driftwood Bay Unit 123

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, youre only 20 steps away from one of the resorts 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 youre 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 Whales Tail Beach Bar & Grill for casual dining by the shore. For those seeking more upscale experiences, Oceans Club and Seagars Prime Steaks & Seafood are a short drive away, offering the perfect blend of fine dining and beachside elegance. Love to shop? Youre 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 Emerils Coastal and Flemings 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. Dont miss your chance to own a slice of paradise on the Emerald Coast!

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size1,149 sqft
Lot size0 Acres
Year built1984
MLS #959116
WaterfrontLake Front
ViewLake

Summary

  • MLS Number: 959116
  • MLS Name: Emerald Coast Association of REALTORS®
  • Office Name: EXP Realty LLC
  • Office Email: fl.admin@exprealty.net
  • Listing Agent: Jonathan R Marrone

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 11:50:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bird's eye view with a beach view and a water view

$520,000

111 S Driftwood Bay Unit 123

$6,175

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

7

Destin Elementary School

Public District PK-4

6.4 mi

630 Kelly St

8

Van R. Butler Elementary School

Public District KG-5

7.6 mi

6694 W County Highway 30A

10

Bluewater Elementary School

Public District KG-5

7.9 mi

4545 Range Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $48,071. The most common annual income of people living in Miramar Beach, FL is between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

35%
<35k
46%
35k-100k
16%
100k-200k
3%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

56%
Single, No Kids
4%
Single, with Kids
32%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
3%
12-17 yrs old
18%
18-34 yrs old
48%
35-64 yrs old
22%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • NASCARNASCAR
  • SoccerSoccer

Where do the neighbors shop?

  • Stein MartStein Mart
  • Dick's Sporting GoodsDick's Sporting Goods
  • Old NavyOld Navy

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • ArbysArbys
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • LincolnLincoln
  • GMCGMC
  • LexusLexus

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Adult HitsAdult Hits
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 111 S Driftwood Bay Unit 123

This home is located at 111 S Driftwood Bay Unit 123 in Miramar Beach, FL and zip code 32550. This 1,149 square foot home was built in 1984. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $520,000.

In December 2024, from all listings sold in Miramar Beach, FL there were more than 1 sold above asking price, over 22 sold below and more than 3 were sold right at the asked price. The number of homes for sale in Miramar Beach, FL increased by 3.6% between November and December 2024. While the average time on the market in December 2024 was 71 days, the median list price was $762,023.

From Rocket Homes Real Estate and based on county public records data.

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