101 Old Ferry Road UNIT 12C, Shalimar, FL 32579

$147,900
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 868 Status: Active
Current Price: $147,900 List Date: 3/26/2026 Last Modified: 4/28/2026

Description

Located in the heart of Shalimar and with view of the bay from your living room window or balcony, this REO opportunity is waiting for you. A 2nd floor unit, this condo has 2 bedrooms and 1 full bath, lvp flooring throughout and resides in a gated community. No short rentals allowed at this property. One of the few waterfront communities in Shalimar. Perfect for long term rental investors (restrictions apply (post 2 year ownership)or 1st time buyers looking for nice entry point to own with security of lower maintenance costs, community amenities and gated security. A must see to appreciate. This home may qualify for Vendee™ seller financing but may not qualify for all traditional financing.

More Information MLS# 998908

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 170.39 List Date: 2026-03-24 Current Price: $147,900 List Price: $147,900

Location, Tax and Legal

Unit #: UNIT 12C Sub Area: 1210 - Shalimar Elementary School: Shalimar Middle School: Meigs High School: Choctawhatchee Legal Description: FINISTERRA UNIT 12C

General Property Info

Sub-Type: Condominium Design: N/A SqFt Source: County PA Records Stories In Unit: 1 # of Units in Bldg: 4 Stories in Building: 2 Unit Floors Above Ground: 2 Immediate Occupancy: Yes Pre-Const Flip: No Garage: No Carport: No Assigned Spaces: 1 Pool: Yes Pool Type: Community Apx SqFt(Htd/Cooled): 868 Bedrooms: 2 Full Baths: 1 Total Bathrooms: 1 Year Built: 1970

Listing Info, Tax & Legal

Homestead: No Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 434.63 Annual Assessment Amount: 5215.55 Assessment Paid: Monthly New Buyer Fee: Yes New Buyer Fee Amt: 250 New Buyer Fee Paid: $ Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: Located in the heart of Shalimar and with view of the bay from your living room window or balcony, this REO opportunity is waiting for you. A 2nd floor unit, this condo has 2 bedrooms and 1 full bath, lvp flooring throughout and resides in a gated community. No short rentals allowed at this property. One of the few waterfront communities in Shalimar. Perfect for long term rental investors (restrictions apply (post 2 year ownership)or 1st time buyers looking for nice entry point to own with security of lower maintenance costs, community amenities and gated security. A must see to appreciate. This home may qualify for Vendee™ seller financing but may not qualify for all traditional financing.

Sale Type

Real Estate Owned: 1

Waterfront

Bay: 1

Construction Status

Construction Complete: 1

Waterview

Bay: 1

Project Facilities

Community Room: 1 Dumpster: 1 Fishing: 1 Laundry: 1 Pool: 1 Sauna/Steam Room: 1 Tennis: 1

Utilities

Community Sewer: 1 Community Water: 1 Electric: 1 TV Cable: 1

Exterior

Balcony: 1

Interior

Floor Laminate: 1 Woodwork Painted: 1

Energy

AC - Central Elect: 1 Heat Cntrl Electric: 1 Water Heater - Elect: 1

Master Bedroom

Second: 1

Bedroom

Second: 1

Living Room

Second: 1

Full Bathroom

Second: 1

Rooms

Bedroom: 1 Full Bathroom: 1 Living Room: 1 Master Bedroom: 1

Fees Include

Accounting: 1 Ground Keeping: 1 Legal: 1 Management: 1 Sewer: 1 Trash: 1 Water: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 12 - Fort Walton Beach Street #: 101 Street Name: Old Ferry Street Suffix: Road State: FL Zip Code: 32579 County: Okaloosa Project Name/Subdivision: FINISTERRA CONDO Parcel ID: 06-2S-23-5070-0000-012C

Property Features

Sale Type: Real Estate Owned Construction Status: Construction Complete Waterfront: Bay Waterview: Bay Project Facilities: Community Room; Dumpster; Fishing; Laundry; Pool; Sauna/Steam Room; Tennis Exterior: Balcony Interior: Floor Laminate; Woodwork Painted Utilities: Community Sewer; Community Water; Electric; TV Cable Energy: AC - Central Elect; Heat Cntrl Electric; Water Heater - Elect Master Bedroom: Second Bedroom: Second Living Room: Second Full Bathroom: Second Rooms: Bedroom; Full Bathroom; Living Room; Master Bedroom Fees Include: Accounting; Ground Keeping; Legal; Management; Trash; Water

Room Information

Living Room Level: Second Dimensions: 25 x 12 Length: 25.00 Width: 12.00 Dimensions: 25 x 12 Master Bedroom Level: Second Dimensions: 13 x 12 Length: 13.00 Width: 12.00 Dimensions: 13 x 12 Bedroom Level: Second Dimensions: 12 x 10 Length: 12.00 Width: 10.00 Dimensions: 12 x 10 Full Bathroom Level: Second Dimensions: 8 x 6 Length: 8.00 Width: 6.00 Dimensions: 8 x 6

Documents

Listing Office: Assurance Realty of NWFL LLC
Last Updated: April - 28 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.