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$955,000

Beds
4
Baths
3.0
sq ft
2,570

1154 Forest Shore Dr, Miramar Beach, FL 32550

1154 Forest Shore Dr

Miramar Beach, FL 32550

  • 48 days on market
Located just minutes from everything in the Miramar/Destin area, this stunning 4-bedroom ranch-style home offers both luxury and convenience. Whether you're shopping, dining, boating, or heading to the beach, everything is within easy reach. For added convenience, a golf cart is included, capable of transporting six passengers to multiple beach accesses on Scenic 98.The home features four dedicated bedrooms and three full baths, along with a bonus room that can serve as an office or a fifth bedroom, providing flexible options. A formal dining room, gourmet kitchen with a separate eat-in bar, spacious laundry room, and a two-car garage add to the uniqueness of this single-floor home. The spacious master bedroom offers views of the outdoor oasis and includes a a recently updated master bathroom with dual vanities. Hardwood and tile flooring, along with crown molding, trayed ceilings, and arched doorways, create an upscale, high-crafted feel upon entering the home. The home's curb appeal is enhanced by its white brick exterior with dark gray accents, a new roof, and a brick-paved driveway. A white vinyl-sided fence surrounds the property, adding both privacy and elegance. The generous outdoor space features a lanai that encloses a heated pool, adjoining hot tub, and covered patio, creating an outdoor paradise perfect for relaxation and entertaining large groups. Additionally, there's ample room for boat storage in the driveway, with a convenient launch located just 2 miles away at Legion Park. With no HOA restrictions, this home presents a great investment opportunity for short-term rentals, boasting an established book of vacation rentals with the potential to yield $94,000 annually. Featuring nearly $100,000 worth of furnishings, updates, and added inclusions, this property is a must-see!

Details

Property type

Single Family Residence

Est. home value

$844,559

Lot size

Unknown

Price per sq ft

$372

Year built

2000

Price History

02/14/2025
EmeraldCoast

EmeraldCoast #968609

Listed
$955,000
-3.53%
08/16/2024
EmeraldCoast

EmeraldCoast #940040

Removed
$989,900
06/01/2024
EmeraldCoast

EmeraldCoast #940040

Price change
$989,900
-1%

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$236,202
Asking price
$955,000
Closing costs (~8% of asking)
-$76,400
Est. remaining loan balance
-$642,398
Cash to seller
$236,202

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Key Bank Na

Loan start date

May 2022

Original loan amount

$675,000

Est. remaining balance

$642,398

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Mark B Epstein and Judith A Epstein

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/03/2025 at 4:20 AM

Listing updated: 03/15/2025 at 10:24 AM

Listed by: Jason J Karraker, Christies International Real Estate Emerald Coast Phone #: (850) 213-2800

MLS: EmeraldCoast #968609

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