#964661, Adam Cung, Listing office: World Impact Real Estate
$3,199,000 List price
221 Norwood Dr Miramar Beach, FL 32550
8 beds
8 full, 1 partial
3,808 sqft
0.1 acres
$840 / sqft
House
Property details
About 221 Norwood Dr
Welcome to 221 Norwood Drive - a coastal gem that epitomizes luxury living. With 8 bedrooms, 9 bathrooms, and a 3-story layout, this property is a testament to design, style, and comfort, tucked away in the heart of Miramar Beach. From the moment you step inside, youll be captivated by the abundant natural light, the tastefully coastal-inspired decor, and the stunning ocean views that grace almost every room. The expansive living areas seamlessly blend indoor and outdoor spaces, creating the perfect setting for both entertaining and cherished family moments. The resort-style pool and outdoor lounging areas set the stage for relaxation and memorable gatherings while listening to the sound of the waves crashing. The kitchen is a chefs dream, boasting top-of-the-line appliances, ample counter space, and a generous island. Whether youre hosting an intimate dinner party or a grand celebration, this kitchen will surpass your expectations. Each bedroom comes with its own private bath, ensuring the utmost privacy and convenience. Beyond the propertys beauty, youll find yourself in the heart of Miramar Beach, celebrated for its pristine white sandy beaches, vibrant culinary scene, world-class shopping, and a wide array of water and outdoor activities. Its a place where coastal living truly reaches its zenith. However, this property offers more than just luxury living; its also a shrewd investment opportunity. In 2024, it generated an impressive $285,000 in rental income, and year-to-date, its already achieved $133,872 gross rental income on the books and expected to exceed $300,000 for 2025. Dont miss the chance to make 221 Norwood Drive your forever home or a savvy investment. Experience the magic of this unparalleled coastal paradise.
Highlights
Home typeSingle Family Residence
StatusActive
CoolingCeiling Fan(s), Central Air
Size3,808 sqft
Lot size0.14 Acres
Year built2020
MLS #969883
ViewGulf
Private poolYes
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 8
- Appliances: Dishwasher, Disposal, Microwave, Self Cleaning Oven, Refrigerator, Ice Maker, Washer
- Interior: Breakfast Bar, Built-in Bookshelves, Ceiling Crown Molding, Raised Ceiling, Recessed Lighting, Pantry, Shelving, Washer/Dryer Hookups, Wet Bar
- Total Bedroom Count: 8
- Private Pool: Yes
- View: Gulf
- Exterior: Balcony, BBQ Pit/Grill, Fenced Back Yard, Hot Tub
- Architectural Style: Beach House
- Cooling: Ceiling Fan(s), Central Air
- List Price: $3,199,000
- Price/SqFt: $840
- Annual Tax Amount: $25,089
- Tax Year: 2023
- Lot: Irregular Lot, Within 1/2 Mile to Water
- Directions: From US-98W turn left onto Scenic Gulf Dr/Scenic Hwy 98. Turn left onto Norwood Dr.
- Year Built: 2020
- Stories: 3
- Living Area: 3,808 SqFt
- Lot Size: 0.14 Acres
- MLS Number: 969883
- MLS Name: Emerald Coast Association of REALTORS®
- Office Name: Compass
- Office Email: brokerfl@compass.com
- Listing Agent: Spears Group
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: 8/1/2025, 9:40:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 28, 2021 | Home Sold | $3,000,000 |
| Oct 31, 2018 | Home Sold | $550,000 |
| Dec 29, 1999 | Home Sold | $193,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $2,950,588 | $25,089 |
| 2022 | $2,358,804 | $21,859 |
| 2021 | $1,109,681 | $21,859 |
| 2020 | $460,460 | $10,741 |
| 2019 | $442,750 | $4,396 |
| 2017 | $174,431 | $1,339 |
History based on county public records data.
Nearby schools
7
Van R. Butler Elementary School
Public District KG-5
5.4 mi
•6694 W County Highway 30A
8
Destin Elementary School
Public District PK-4
8.6 mi
•630 Kelly St
9
Bluewater Elementary School
Public District KG-5
9.1 mi
•4545 Range Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $88,587. The most common annual income of people living in Miramar Beach, FL is between $35k-100k. Typical family type is married, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
18%
<35k
40%
35k-100k
30%
100k-200k
12%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
44%
Single, No Kids
1%
Single, with Kids
50%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
2%
12-17 yrs old
8%
18-34 yrs old
44%
35-64 yrs old
41%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Skiing/snowboarding
Figure Skating
Where do the neighbors shop?
Stein Mart
BJs Wholesale Club
Kmart
Where do the neighbors go to eat?
Bob Evans
Cracker Barrel
Panera
What do the neighbors drive?
Lincoln
Lexus
Infiniti
What do the neighbors listen to?
News/Talk/Information
Oldies
Adult Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 221 Norwood Dr
The listing price of 221 Norwood Dr property is $3,199,000.
The property 221 Norwood Dr is a house located in Miramar Beach, Florida, 32550.
Active Listing: 221 Norwood Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 221 Norwood Dr are: Van R. Butler Elementary School (GreatSchools Rating 7/10), Destin Elementary School (GreatSchools Rating 8/10), Bluewater Elementary School (GreatSchools Rating 9/10), Destin Middle School (GreatSchools Rating 8/10), Lewis School (GreatSchools Rating 8/10), C.W. Ruckel Middle School (GreatSchools Rating 9/10), South Walton High School (GreatSchools Rating 8/10), Niceville High School (GreatSchools Rating 6/10), Seaside Neighborhood School (GreatSchools Rating 10/10).
According to the records, the last property tax for 2023 is $25,089 (source: MLS/based on county public records data).
The last sale was on July 28, 2021 for $3,000,000 (source: MLS/tax record).
The property at 221 Norwood Dr has 8 bedrooms and 8 full and 1 half bathrooms.
The property 221 Norwood Dr is 3,808 SqFt (source: MLS/tax record).
The year of construction for 221 Norwood Dr is 2020.
This home is located at 221 Norwood Dr in Miramar Beach, FL and zip code 32550. This 3,808 square foot home, which was built in 2020, sits on a 0.14 acre lot. Features: 8 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since March 1, 2025 and is currently priced at $3,199,000.
Miramar Beach, FL housing market in June 2025 saw over 1 listings sold above listed price, more than 15 sold at listed price and over 46 sold below. Between May and June 2025, Miramar Beach, FL real estate market has seen increase in the number of listings by 7%. In June 2025 median list price was $715,000 and the average listing age was 133 days.
From Rocket Homes Real Estate and based on county public records data.