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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

  • 11 days on market
MINUTES FROM EVERYTHING! Centrally positioned in the Miramar/Destin area, this stunning 4 Bedroom RANCH style home offers both luxury and convenience. Whether shopping, dining, boating or heading to the beach, all can be reached within a very short period of time. For added convenience an included golf cart can transport 6 passengers to multiple beach accesses located on Scenic 98. Four dedicated Bedrooms and three full baths along with an additional bonus room that can be an office (or 5th Bedroom) offers flexible options within the home. A formal dining room, gourmet kitchen with separate eat-in-bar, spacious laundry and 2 car garage make this single floor home unique. The spacious master bedroom with views of the outdoor oasis also includes a recently, fully updated master bathroom with dual vanities that showcases the main living quarters. Hardwood and tile flooring along with crown molding, trayed ceilings and arched doorways present an upscaled, high-crafted feel upon entering the home. The white brick exterior with dark gray accents, a new roof and a brick paved driveway showcase this home from the curbside. A vinyl white-sided fence extends throughout the perimeter of the home adding both privacy and elegance to the property. A generous outdoor space with lanai encloses an outdoor paradise which includes a heated pool, adjoining hot tub and covered patio. Perfect for relaxing and/or entertaining sizeable groups. There's ample room for boat storage within the driveway and a launch is conveniently located 2 miles away at Legion Park. With no HOA restrictions, the opportunity to short term rent opens up this home as a potential investment opportunity boasting an already established book of vacation rentals that has the potential of yielding $94,000 annually (see attached projection). With close to $100,000 worth of furnishings, updates and added inclusions, this home 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

$235,184
Asking price
$955,000
Closing costs (~8% of asking)
-$76,400
Est. remaining loan balance
-$643,416
Cash to seller
$235,184

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

$643,416

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: 02/25/2025 at 1:20 AM

Listing updated: 02/18/2025 at 10:44 AM

Listed by: Jason J Karraker, Engel & Volkers 30A Beaches Phone #: (850) 213-2800

MLS: EmeraldCoast #968609

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