705 Forest Shore Dr, Miramar Beach
Walton County Real Estate - Miramar Beach
Miramar Beach is in North West Florida. It's population as recorded in the 2010 Census was 6,146. Miramar Beach is approximately 51 miles from Pensacola (population 51,923) and around 44 miles from Panama City (population 36,484).
The median age for residents of Miramar Beach is 52.1. Around 16.1% of Miramar Beach households include school aged children and 37.4% of households include individuals aged 65 years or over. Census records indicate 93.8% of the Miramar Beach population are White, 1.1% are Black or African American, .3% American Indian, 1.7% Asian and 1.5% are Two or more Races.
There are 12,385 housing units in Miramar Beach. 9,383 (75.7%) of these were reported as vacant in the 2010 Census. Miramar Beach is a tourist destination, 75.4% (7,079) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 2,763 residential rental units in Miramar Beach. 929 of them were occupied in 2010 providing a residential rental vacancy rate of 64.2%.
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Walton County
Walton County is part of the Northwest Florida region, along with Bay, Santa Rosa, Escambia, Holmes, Jackson, Washington, Okaloosa, Calhoun, Liberty, Gulf, Franklin, Gadsden, Leon, Jefferson, and Wakulla counties. Largest industries by employment are leisure & hospitality; trade, transportation, & utility; and education & health services. Major private sector employers for Walton County are Sandestin Golf and Beach Resort, Sacred Heart on the Emerald Coast, ResortQuest, and Hilton Sandestin Beach Golf Resort & Spa. Top public sector employers include Walton County School Board and Walton County Government. Cities and towns in Walton County include DeFuniak Springs, Freeport, and Paxton.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 691 Forest Shore Dr | Single Family | 2,045 | B |
 |
| 727 Forest Shore Dr | Single Family | 1,863 | B |
|
| 80 Hidden Harbor Ln | Single Family | 1,875 | B |
|
| 212 Pritchard Rd | Single Family | 1,947 | B |
|
| 82 Hidden Harbor Ln | Single Family | 2,089 | B |
|
| 741 Forest Shore Dr | Vacant Residential | 0 | L | |
| 74 Hidden Harbour Ln | Single Family | 2,067 | B |
|
| 200 Pritchard Rd | Single Family | 1,948 | B |
|
| 81 Hidden Harbor Ln | Single Family | 2,815 | B |
|
| 726 Forest Shore Dr | Single Family | 1,911 | B |
|
| 692 Forest Dr | Single Family | 2,277 | B |
|
| Pritchard | Right-of-way, street, road, irrigation channel, ditch, etc. | 0 | L | |
| 64 Hidden Harbor Ln | Single Family | 2,788 | B |
|
| 655 Forest Shore Dr | Single Family | 2,002 | B |
|
| 184 Prichard Rd | Single Family | 1,825 | B |
|
| 79 Hidden Harbor Ln | Single Family | 2,094 | B |
|
| 757 Forest Shore Dr | Single Family | 1,781 | B |
|
| 674 Forest Shore Dr | Single Family | 2,447 | B |
|
| 75 Hidden Harbor Ln | Single Family | 1,891 | B |
|
| 52 Hidden Harbor Ln | Single Family | 2,594 | B |
|
| 207 Pritchard Rd | Single Family | 2,303 | B |
|
| 756 Forest Shore Dr | Single Family | 1,502 | B |
|
| 166 Pritchard Rd | Single Family | 1,841 | B |
|
| 65 Hidden Harbor Ln | Single Family | 1,754 | B |
|
| 367 Shore Dr | Single Family | 2,681 | B |
|
| 637 Forest Shore Dr | Single Family | 2,003 | B |
|
| 393 Shore Dr | Single Family | 2,388 | B |
|
| 347 Shore Dr | Single Family | 2,078 | B |
|
| 340 Holiday Rd N | Single Family | 1,562 | B |
|
| 183 Pritchard Rd | Single Family | 1,945 | B |
|
| 366 Holiday Rd N | Single Family | 2,229 | B |
|
| 401 Shore Dr | Single Family | 2,109 | B |
|
| 40 Hidden Harbor Ln | Single Family | 1,744 | B |
|
| 328 Holiday Rd N | Single Family | 2,116 | B |
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| 323 Shore Dr | Single Family | 1,851 | B |
|
| 400 Holiday Rd N | Single Family | 2,850 | B |
|
| 160 Pritchard Rd | Single Family | 2,090 | B |
|
| 49 Hidden Harbor Ln | Single Family | 2,069 | B |
|
| 778 Forest Shore Dr | Single Family | 1,929 | B |
|
| 308 Holiday Rd N | Single Family | 1,969 | B |
|
| 409 Shore Dr | Single Family | 2,474 | A |
|
| 167 Pritchard Rd | Single Family | 1,823 | B |
|
| 619 Forest Shore Dr | Single Family | 2,499 | B |
|
| 309 Shore Dr | Single Family | 2,693 | B |
|
| 28 Hidden Harbor Ln | Single Family | 1,956 | B |
|
| Pritchard Rd | Vacant Residential | 0 | L | |
| 39 Hidden Harbor Ln | Single Family | 1,888 | B |
|
| 296 Holiday Rd | Single Family | 3,500 | B |
|
Local Household Income
The median household income in this part of Florida is $50,843. The bottom 10% of the population earn less than $15,071 per year. The top 10% earn more than $118,419 per year. The top 1% earn more than $409,192 per year. Most renters earn between $20,136 (20th percentile) and $39,888 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $101,686 and $127,108.
The tax assessed value of this property places it in percentile 75 of all properties in this area. This suggests it would appeal to someone earning around $79,125 per year who should qualify for a mortgage between $158,250 and $197,813.
Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates
Local Rents
The median monthly rent in this part of Florida is $744. Most renters earn between $1,678 and $3,324 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $486 (20th percentile) to $1,034 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 75 of all properties in this area. This corresponds to a rent of $966 per month and a monthly household income of $3,068 ($36,816 per year)
Nearby Companies
741 Forest Shore Dr
52 Hidden Harbor Ln
52 Hidden Harbor Ln
207 Pritchard Rd
367 Shore Dr
367 Shore Dr
200 Pritchard Rd
674 Forest Shore Dr
674 Forest Shore Dr
323 Shore Dr
340 North Holiday Rd
383 Shore Dr