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Lake Lorraine, FL Condos for Sale

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  • /34

    $300,000

    • 2 Beds
    • 2 Baths
    • 1,029 Sq Ft

    101 Old Ferry Rd Unit 24A, Shalimar, FL 32579

    Unit 24A at Finisterra presents a rare opportunity to own a fully renovated, turn-key waterfront condo with panoramic views of Choctawhatchee Bay, the Destin bridge, and Okaloosa Island. Ideally positioned in a coveted direct waterfront location, this beautifully updated 2BR/2BA residence captures water views from nearly every window. Designed for low-maintenance, easy living, the condo was

    Richard A Deckert Lokation

    101 Old Ferry Rd Unit 24A, Shalimar, FL 32579
  • /29

    $184,900

    • 2 Beds
    • 1 Bath
    • 868 Sq Ft

    101 Old Ferry Rd Unit 37B, Shalimar, FL 32579

    Take a look at this Fannie Mae approved, sunny 2BR/1st-floor condo in a gated, waterfront community offering convenience and the coastal lifestyle! This open-concept unit features tile flooring throughout main areas and laminate wood in bedrooms. The cozy kitchen includes new stainless steel appliances. Ideally located just inside the gate in the first building on the left for easy in/out access.

    Linda Tramontana Coldwell Banker Realty

    101 Old Ferry Rd Unit 37B, Shalimar, FL 32579

Why Live in Lake Lorraine

Lake Lorraine, FL, situated along the Emerald Coast, is known for its proximity to Eglin Air Force Base and the Shalimar Pointe Golf Club. The base, established in 1935, spans over 350,000 acres and has significantly contributed to the local economy by providing approximately 15,000 jobs. The Shalimar Pointe Golf Club, featuring a 6,765-yard championship course, is a notable venue for U.S. Open qualifiers. Residents and visitors enjoy various waterfront activities, including boating, fishing, and snorkeling at Crab Island, located 8 miles southeast. Cherokee Park offers playgrounds and walking trails, while Shalimar Community Park includes basketball courts and baseball fields. The Air Force Armament Museum, adjacent to the base, showcases 29 aircraft from World War II.

Homes in Lake Lorraine predominantly date back to the 1970s and 1980s, with many originally built for military personnel. The area features a mix of traditional and contemporary styles, with Mediterranean homes near the golf club and Craftsman homes boasting vaulted ceilings and double pane windows. Local dining options include Pepper’s Mexican Grill & Cantina, Aegean Restaurant, and Cajun Crab, while Twisted Grape Cafe & Wine Bar and Shalimar Cheers Pub provide nightlife and live music. Essential shopping is available at Tom Thumb, Dollar General, and S-Mart, with a Publix located 3 miles west in Ocean City.

Educational institutions in Lake Lorraine are part of the highly rated Okaloosa County School District, which supports military families and includes Choctawhatchee High School. Accessibility is facilitated by State Roads 85 and 189, connecting residents to Fort Walton Beach and the Destin-Fort Walton Beach Airport, approximately 5 miles north.

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