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256 Driftwood Bay

Miramar Beach, FL 32550

1 bd 1 ba 810 sqft Built 1977 condos
Most recent sale
$265,000
Jul 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 10, 2024 Sold $330,000 EmeraldCoast
Dec 16, 2022 Sold $325,000 EmeraldCoast
Oct 23, 2022 Price changed $355,000 MLS #905815
Oct 14, 2022 Price changed $365,000 MLS #905815
Oct 2, 2022 Price changed $377,400 MLS #905815
Sep 13, 2022 Price changed $387,400 MLS #905815
Aug 12, 2022 Listed $409,600 MLS #905815
Jul 6, 2022 Sold $265,000 Public Record
Jul 2, 2022 Sold $265,000 EmeraldCoast
May 18, 2022 Listed $333,000 MLS #898832
May 9, 2022 Listed $333,000 MLS #726334
May 3, 2022 Listed $333,000 MLS #897378
Nov 1, 1980 Sold $54,000 Public Record
Jun 1, 1977 Sold $28,400 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $244,094 $244,094 $2,205
2023 $244,094 $244,094 $2,217
2021 $117,621 $1,238
2020 $106,928 $106,928 $1,067
2019 $104,830 $104,830 $1,041
2018 $102,773 $102,773 $1,024
2017 $99,776 $99,776 $988
2016 $95,021 $95,021 $950
2015 $90,493 $90,493 $919
2014 $86,184 $888
2013 $86,184 $86,184 $893
2012 $86,184 $836
2011 $86,184 $829
2010 $90,720 $875
2009 $108,443 $972
2008 $121,500 $1,010
2007 $168,000 $1,383

Property facts

Year built
1977
Property type
condos
Stories
Beds
1
Baths
1
Living area
810 sqft
Lot size
ZIP code
32550
City
Miramar Beach
Street
Driftwood Bay
Coordinates
30.38037, -86.37460

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
$1,499
Gross rental yield
6.79%
Implied cap rate
4.41%
Trend-extrapolated value

Frequently asked questions

When did 256 Driftwood Bay last sell?
256 Driftwood Bay most recently sold on Jul 6, 2022 for $265,000.
What is the current tax assessment for 256 Driftwood Bay?
The most recent total assessment for 256 Driftwood Bay (year 2025) is $244,094 with $2,205 in property tax.
How does 256 Driftwood Bay's assessment compare to its last sale price?
The current assessment is 7.9% below the last sale price of $265,000.
When was 256 Driftwood Bay built?
256 Driftwood Bay was built in 1977.
How does 256 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 256 Driftwood Bay?
256 Driftwood Bay is a 1 bed, 1 bath, 810 sqft condos.
Is 256 Driftwood Bay a flip candidate?
Yes — 256 Driftwood Bay appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 256 Driftwood Bay a tax-appeal candidate?
No — 256 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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