40
Map
$479,900
●
House -
In Contract
1315 Forest Shore Drive
Miramar Beach, FL 32550
3 Beds
2 Baths
1,673 Ft²
$2,634
Est. Monthly
About This Property
*ASSUMABLE 3.375% VA LOAN! MOTIVATED SELLER - PRICED TO SELL - MAKE
OFFER!* NO HOA! Welcome to this beautiful single story all-brick
home located in the heart of Miramar Beach! The eat in kitchen is
equipped w/ stainless steel appliances, granite countertops & a
center island. The master suite features a walk-in closet, garden
tub & a separate shower, providing a luxurious retreat. The home
also boasts a privacy fenced backyard, a covered back patio & a
covered front porch, perfect for outdoor relaxation. The freshly
painted 2-car garage comes w/ an auto opener, cabinetry, a
workbench & pull-down stairs w/ attic storage. The home also
features raised ceilings, fans & tiled floors throughout w/ new
carpeted bedrooms & elegant chandeliers. The utility room is
equipped w/ shelving, a sink & laundry chute for your convenience.
The home also comes w/ a sprinkler system & lawn pump for easy lawn
care. The wood burning fireplace w/ a gas starter adds a cozy touch
to the living space. This home is ideally located, close to
everything you could possibly need! Experience the perfect blend of
comfort & convenience in your new home here on the gorgeous Emerald
Coast. ~ 2026 New Carpet/2023 Newly Painted Interior/2023 Water
Heater/2023 Roof/2014 HVAC + wired for the fastest AT&T fiber
optic internet ~
Unit Size
1,673 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$287
Property Type
House
Property Taxes
$277
HOA Dues
-
Year Built
1994
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 months ago (ECAR #993123)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 25, 2026 | In contract | - | |
| In contract | |||
| Jul 11, 2026 | Price Decreased |
$479,900
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Jun 10, 2026 | Price Decreased |
$485,000
↓ $5K
(1%) | |
| Price Decreased | |||
| May 27, 2026 | Price Decreased |
$489,900
↓ $5K
(1%) | |
| Price Decreased | |||
| Apr 19, 2026 | Price Decreased |
$495,000
↓ $5K
(1%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Garage, Guest, Oversized
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Kitchen Island, Pantry, Ceiling Raised, Fireplace, Lighting Recessed, Lighting Track, Pull Down Stairs, Shelving, Split Bedroom, Walls Wainscoting, Washer/Dryer Hookup, Woodwork Painted
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Gas Water Heater, Auto Garage Door Opn, Oven Self Cleaning, Security System, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric
Flooring Type: Floor Tile, Floor WW Carpet, Floor WW Carpet New
Rooms: 9
Exterior Details
Square Footage: 1673
Property Condition: Construction Complete
Architectural Style: Contemporary
Year Built: 1994
Building Area Total: 1673
Window Features: Double Pane Windows
Construction Materials: Brick, Trim Wood
Patio and Porch Features: Covered, Patio, Porch
Lot Features: Interior, Within 1/2 Mile to Water
Lot Size Area: 0.26
Lot Size Units: Acres
Lot Size Acres: 0.26
Lot Size Square Feet: 11325.6
Lot Size Dimensions: 85X130
Water Source: Public
Financial Details
Tax Annual Amount: $3,321
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Natural Gas
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Miramar Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jennifer M Vo, Dream Team Realty of NW Florida LLC
Last Updated: 3 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 993123
Last Updated: 3 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 993123
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