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For sale
  • $3,199,000

    221 Norwood Dr, Miramar Beach, FL 32550

    8beds
    3,808sqft
    : 
    Single Family Residence
    Built in 2020
    6,098.4 Square Feet Lot
    $2,985,300 Zestimate®
    $840/sqft
    $-- HOA

    What's special

    Resort-style poolAbundant natural lightOutdoor lounging areasStunning ocean viewsCoastal-inspired decor
    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.
    181 days
    on Zillow
    |
    783
    |
    25
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 26, 2025 at 01:43am

    Listed by:

    Spears Group 850-710-2114,

    Compass

    Source: ECAOR,MLS#: 969883MLS LogoOriginating MLS: Emerald Coast
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 221 Norwood Dr.

    Next available tour time:Today at 2:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 9
    • Full bathrooms: 8
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: MBed Balcony, MBed Sitting Area
    • Level: Third
    Primary bathroom
    • Features: Double Vanity, MBath Dressing Area, MBath Separate Shwr, MBath Tile
    Kitchen
    • Level: First
    Living room
    • Level: First
    Cooling
    • Electric, AC - High Efficiency, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Self Cleaning Oven, Refrigerator W/IceMk, Washer
    • Laundry: Washer/Dryer Hookup
    Features
    • Breakfast Bar, Bookcases, Crown Molding, High Ceilings, Recessed Lighting, Pantry, Shelving, Wet Bar, Bedroom, Bonus Room, Kitchen, Living Room, Master Bedroom
    • Flooring: Hardwood, Tile
    • Windows: Window Treatments
    • Furnished: Yes
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 3,808
    • Total interior livable area: 3,808 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Open
    • Has uncovered spaces: Yes
    Features
    • Stories: 3
    • Patio & porch: Patio Covered, Patio Open, Porch
    • Exterior features: Balcony, Barbecue, Hot Tub
    • Has private pool: Yes
    • Pool features: Private, In Ground
    • Has spa: Yes
    • Fencing: Back Yard,Privacy
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Beach
    Lot
    • Size: 6,098.4 Square Feet
    • Dimensions: 70 x 110
    • Features: Irregular Lot, Within 1/2 Mile to Water
    Details
    • Parcel number: 332S21421900000060
    • Zoning description: Resid Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Beach House
    • Property subtype: Single Family Residence
    Materials
    • Frame, Siding CmntFbrHrdBrd, Stucco
    Condition
    • Construction Complete
    • Year built: 2020

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Phone Connected, Cable Connected

    Community & HOA

    Community
    • Features: Game Room, Pool
    • Security: Smoke Detector(s)
    • Subdivision: N/a
    Location
    • Region: Miramar Beach

    Financial & listing details

    • Price per square foot: $840/sqft
    • Tax assessed value: $2,894,588
    • Annual tax amount: $26,244
    • Date on market: 3/1/2025
    • Cumulative days on market: 181 days
    • Listing terms: Conventional
    • Electric utility on property: Yes
    • Road surface type: Paved
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