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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, you'll 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 chef's dream, boasting top-of-the-line appliances, ample counter space, and a generous island. Whether you're 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 property's beauty, you'll 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. It's a place where coastal living truly reaches its zenith. However, this property offers more than just luxury living; it's also a shrewd investment opportunity. In 2024, it generated an impressive $285,000 in rental income, and year-to-date, it's already achieved $133,872 gross rental income on the books and expected to exceed $300,000 for 2025. Don't miss the chance to make 221 Norwood Drive your forever home or a savvy investment. Experience the magic of this unparalleled coastal paradise.
| DAYS ON MARKET | 194 | LAST UPDATED | 5/26/2025 |
|---|---|---|---|
| TRACT | N/A | YEAR BUILT | 2020 |
| COMMUNITY | 15 - Miramar/Sandestin Resort | COUNTY | Walton |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Van R Butler |
|---|---|
| Jr. High School | Emerald Coast |
| High School | South Walton |
| PRICE HISTORY | |
| Prior to May 26, '25 | $3,399,000 |
|---|---|
| May 26, '25 - Today | $3,199,000 |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Microwave, Oven, Refrigerator, Washer |
| AREA | 15 - Miramar/Sandestin Resort |
| CONSTRUCTION | Fiber Cement, Frame |
| EXTERIOR | Balcony |
| INTERIOR | Bookcases, Breakfast Bar, Pantry, Wet Bar |
| LOT | 6098 sq ft |
| LOT DESCRIPTION | Irregular Lot |
| LOT DIMENSIONS | 70x110 |
| POOL | Yes |
| POOL DESCRIPTION | Outdoor Pool, In Ground, Private |
| SEWER | Public Sewer |
| STORIES | 3 |
| STYLE | Beach House |
| SUBDIVISION | N/A |
| UTILITIES | Cable Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Water |
| WATER | Public |
| ZONING | Resid Single Family |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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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. Information is believed to be accurate but is not guaranteed.
All listings are provided courtesy of the Emerald Coast Association of Realtors
© 2025 Emerald Coast Association of REALTORS®, Inc. (ECARMLS). All rights reserved. Vendor Member Number: 28306
All listings are provided courtesy of the Emerald Coast Association of Realtors
© 2025 Emerald Coast Association of REALTORS®, Inc. (ECARMLS). All rights reserved. Vendor Member Number: 28306
This IDX solution is (c) Diverse Solutions 2025.