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.
Pending
$135,000
101 Old Ferry Rd Unit 12C, Shalimar, FL 32579
2beds
868sqft
Condominium
Built in 1970
-- sqft lot
$128,300 Zestimate®
$156/sqft
$-- HOA
What's special
Gated communityLvp flooring throughout
- 92 days |
- 986 |
- 42 |
Zillow last checked:
Listing updated:
Listed by:
Cosmo M Spellings 850-699-1856,
Assurance Realty of NWFL LLC
Source: ECAOR,MLS#: 998908
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Second
- Area: 156 Square Feet
- Dimensions: 13 x 12
Bedroom
- Level: Second
- Area: 120 Square Feet
- Dimensions: 12 x 10
Bathroom
- Level: Second
- Area: 48 Square Feet
- Dimensions: 8 x 6
Living room
- Level: Second
- Area: 300 Square Feet
- Dimensions: 25 x 12
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Water Heater
- Laundry: Common Area
Features
- Woodwork Painted
- Flooring: Laminate
Interior area
- Total structure area: 868
- Total interior livable area: 868 sqft
Property
Features
- Exterior features: Balcony
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: Bay
Details
- Parcel number: 062S2350700000012C
- Special conditions: Real Estate Owned
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Condition
- Construction Complete
- New construction: No
- Year built: 1970
Community & HOA
Community
- Features: Community Room, Dumpster, Fishing, Pool, Sauna/Steam Room, Tennis Court(s)
- Subdivision: FINISTERRA CONDO
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Legal, Management, Sewer, Trash, Water
Location
- Region: Shalimar
Financial & listing details
- Price per square foot: $156/sqft
- Tax assessed value: $145,000
- Annual tax amount: $1,781
- Date on market: 3/26/2026
Foreclosure details
Estimated market value
$128,300
$122,000 - $135,000
$1,674/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2015 | Sold | $74,500-9.1%$86/sqft |
Source: | ||
| 2/5/2015 | Listing removed | $82,000$94/sqft |
Source: Endless Horizons Realty, Inc #715399 Report a problem | ||
| 10/3/2014 | Listed for sale | $82,000+39%$94/sqft |
Source: Endless Horizons Realty, Inc #715399 Report a problem | ||
| 11/13/2012 | Sold | $59,000-22.5%$68/sqft |
Source: | ||
| 4/20/2012 | Sold | $76,100+95.6%$88/sqft |
Source: Public Record Report a problem | ||
| 3/31/2012 | Price change | $38,900+678%$45/sqft |
Source: foreclosure.com Report a problem | ||
| 3/29/2012 | Listed for sale | -- |
Source: foreclosure.com Report a problem | ||
| 8/13/2011 | Listing removed | -- |
Source: Auction.com Report a problem | ||
| 8/10/2011 | Price change | $5,000-87.1%$6/sqft |
Source: Auction.com Report a problem | ||
| 7/21/2011 | Price change | $38,900-9.3%$45/sqft |
Source: foreclosure.com Report a problem | ||
| 3/12/2011 | Price change | $42,900-14%$49/sqft |
Source: Crye Leike, Inc. #550110 Report a problem | ||
| 2/7/2011 | Price change | $49,900-9.1%$57/sqft |
Source: Crye Leike, Inc. #550110 Report a problem | ||
| 1/8/2011 | Listed for sale | $54,900-3.7%$63/sqft |
Source: foreclosure.com Report a problem | ||
| 2/10/2003 | Sold | $57,000$66/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,781 +366.9% | $145,000 +94.8% |
| 2023 | $381 +2% | $74,423 +3% |
| 2022 | $374 -0.8% | $72,255 +3% |
| 2021 | $377 +0.6% | $70,150 +1.4% |
| 2020 | $375 +0.8% | $69,181 +2.3% |
| 2019 | $372 +0.6% | $67,626 +1.9% |
| 2018 | $370 | $66,365 +2.1% |
| 2017 | $370 -14.5% | $65,000 +14% |
| 2016 | $432 -42.8% | $57,000 +11.8% |
| 2015 | $755 +10.2% | $51,000 +4.1% |
| 2014 | $686 | $49,000 +11.4% |
| 2013 | -- | $44,000 |
| 2012 | -- | $44,000 -12% |
| 2011 | -- | $50,000 -5.7% |
| 2010 | -- | $53,000 -14.5% |
| 2009 | -- | $62,000 |
| 2008 | -- | $62,000 +82.4% |
| 2007 | -- | $34,000 -60% |
| 2006 | -- | $85,000 +21.4% |
| 2005 | -- | $70,000 +37.3% |
| 2004 | -- | $51,000 +15.1% |
| 2003 | -- | $44,300 +3% |
| 2002 | -- | $43,000 |
| 2001 | -- | $43,000 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 32579
Nearby schools
GreatSchools rating
- 7/10Shalimar Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 7/10Clifford Meigs Middle SchoolGrades: 6-8Distance: 0.9 mi
- 4/10Choctawhatchee Senior High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Shalimar
- Middle: Meigs
- High: Choctawhatchee
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Okaloosa County
- Shalimar
- 32579
- 101 Old Ferry Rd Unit 12C








