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171 Driftwood Bay

Miramar Beach, FL 32550

2 bd 3 ba 1,470 sqft Built 1982 multi_family
Most recent sale
$750,000
May 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 20, 2022 Sold $750,000 Public Record
May 18, 2022 Sold $750,000 EmeraldCoast
Apr 5, 2022 Listed $750,000 MLS #894959
Dec 15, 2021 Sold $599,000 Public Record
Dec 10, 2021 Sold $599,000 EmeraldCoast
Nov 18, 2021 Listed $599,000 MLS #886084
Sep 5, 2018 Sold $310,000 Public Record
Dec 3, 2014 Sold $285,000 Public Record
Feb 11, 2008 Sold $265,000 Public Record
Aug 7, 1989 Sold $85,000 Public Record
Jul 1, 1982 Sold $116,300 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $569,166 $569,166 $5,142
2023 $569,166 $569,166 $5,171
2022 $455,333 $455,333 $4,219
2021 $281,248 $2,748
2020 $255,680 $2,635
2019 $232,436 $232,436 $2,308
2018 $227,879 $227,879 $2,272
2017 $221,235 $221,235 $2,190
2016 $200,655 $200,655 $2,008
2015 $200,655 $200,655 $2,040
2014 $191,100 $1,970
2013 $191,100 $191,100 $1,982
2012 $190,531 $1,852
2011 $173,210 $1,666
2010 $182,324 $1,759
2009 $227,906 $2,043
2008 $268,125 $2,230
2007 $268,125 $2,208

Property facts

Year built
1982
Property type
multi_family
Stories
2
Beds
2
Baths
3
Living area
1,470 sqft
Lot size
ZIP code
32550
City
Miramar Beach
Street
Driftwood Bay
Coordinates
30.37647, -86.37151

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,720
Gross rental yield
4.35%
Implied cap rate
2.83%
Trend-extrapolated value

Frequently asked questions

When did 171 Driftwood Bay last sell?
171 Driftwood Bay most recently sold on May 20, 2022 for $750,000.
What is the current tax assessment for 171 Driftwood Bay?
The most recent total assessment for 171 Driftwood Bay (year 2025) is $569,166 with $5,142 in property tax.
How does 171 Driftwood Bay's assessment compare to its last sale price?
The current assessment is 24.1% below the last sale price of $750,000.
When was 171 Driftwood Bay built?
171 Driftwood Bay was built in 1982.
How does 171 Driftwood Bay compare to others on Driftwood Bay?
We track 8 other properties on Driftwood Bay. Browse the list under "Other properties on Driftwood Bay" to compare beds, baths, and sale history.
What are the property facts for 171 Driftwood Bay?
171 Driftwood Bay is a 2 bed, 3 bath, 1,470 sqft multi_family.
Is 171 Driftwood Bay a flip candidate?
Yes — 171 Driftwood Bay appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 171 Driftwood Bay a tax-appeal candidate?
No — 171 Driftwood Bay is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.1%
Implied 1-yr
-4.3%
2026 Q3
$890.2K
2026 Q4
$879.9K
ZIP 32550 — Median Price History + Forecast

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