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Explore Similar Apartments Within 2 Miles of Lake Lorraine, FL

  • /35

    $610,000

    • 6 Beds
    • 5 Baths
    • 4,464 Sq Ft

    106 Star Dr Unit A,B, & C, Fort Walton Beach, FL 32547

    No HOA or flood insurance! Calling investors and homebuyers. This 3/2, 2/2, 1/1 triplex on a large lot is perfect for savvy investors or first-time buyers. No showings without pre-approval. Triplex will not qualify for VA.

    Deshawne Peak EXP Realty LLC

    106 Star Dr Unit A,B, & C, Fort Walton Beach, FL 32547
  • /30

    $260,000

    • 2 Beds
    • 1.5 Baths
    • 1,188 Sq Ft

    208 3rd St SE Unit J, Fort Walton Beach, FL 32548

    Charming Townhouse Near Downtown Fort Walton Beach - Prime Investment Opportunity!Discover this adorable 2-bedroom, 1.5-bath townhouse perfectly situated just steps from the heart of downtown Fort Walton Beach! Currently operating as a successful short-term rental, this home is not only move-in ready but also a fantastic investment opportunity.Enjoy the best of both worlds -

    Teresa Pattison Coldwell Banker Realty

    208 3rd St SE Unit J, Fort Walton Beach, FL 32548
  • /61

    $750,000

    • 3 Beds
    • 3.5 Baths
    • 2,926 Sq Ft

    53 Yacht Club Dr NE Unit 8, Fort Walton Beach, FL 32548

    Seller offering a $10,000 concession to Buyer at closing with acceptable offer. BEAUTIFUL waterfront townhome with amazing views overlooking Cinco Bayou, frequent dolphin sightings, inspiring sunrises, and just a short boat ride to Crab Island and the Gulf! Open concept floor plan with wonderful appointments, striking architectural features such as crown molding, high ceilings, wall-to-wall

    Michael Rojas Property Pros Realty

    53 Yacht Club Dr NE Unit 8, Fort Walton Beach, FL 32548

Why Live in Lake Lorraine

Lake Lorraine is known for the Eglin Air Force Base and the Shalimar Pointe Golf Club. In 1935, the base was built on over 350,000 acres of Valparaiso forestland and brought around 15,000 jobs to the area. But it wasn’t until the golf course opened in 1968 that the neighborhood started taking shape along the bay area. Today, the Emerald Coast welcomes millions of visitors every year for swimming and seaside experiences while over 7,000 residents enjoy the best of bay life in Florida. “There will be thousands of boats out there, and it’ll be absolutely packed,” ERA American Real Estate agent Patricia Williams says. “This is paradise.” The Shalimar Pointe Golf Club has a 6,765-yard championship course that regularly hosts qualifiers for the U.S. Open. “There’s golfing, there’s tennis, and there’s waterfront activities,” Williams says. “It’s nice to have a community close to the bay.” There are boat ramps, marinas and fishing charters along the southern coastline, and many will sail over 8 miles southeast to go snorkeling, zip-lining or watch dolphin shows at Crab Island in Destin. Cherokee Park has a playground and walking trails, while Shalimar Community Park has a basketball court

Home Trends in Lake Lorraine, FL

Housing Trends

Median Sale Price
$409,499
Median Single Family Sale Price
$455,000
Median Townhouse Sale Price
$145,000
Median 2 Bedroom Sale Price
$184,950
Median 1 Bedroom Sale Price
$230,000
Average Price Per Sq Ft
$225
Number of Homes for Sale
23
Last 12 months Home Sales
74
Months of Supply
3.70
Median List Price
$419,999
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
15%
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