101 Old Ferry Road UNIT 12C, Shalimar, FL 32579
$135,000
Property Type:
Residential
Bedrooms:
2
Baths:
1
Square Footage:
868
Status:
Active
Current Price:
$135,000
List Date:
3/26/2026
Last Modified:
6/14/2026
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
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
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 155.53
List Date: 2026-03-24
Current Price: $135,000
List Price: $135,000
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
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
Vendee ›
Listing Office:
Assurance Realty of NWFL LLC
Listing Agent:
Cosmo M Spellings
Last Updated: June - 14 - 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.