101 Old Ferry Rd Unit 5A Shalimar, FL 32579
Estimated payment $1,276/month
Total Views
6,583
1
Bed
1
Bath
625
Sq Ft
$243
Price per Sq Ft
Highlights
- Very Popular Property
- Property Fronts a Bay or Harbor
- Gated Community
- Choctawhatchee Senior High School Rated A-
- Fishing
- Sauna
About This Home
Welcome to Finisterra Condominiums—a gated waterfront community located at 101 Old Ferry Road in Shalimar, Florida. Nestled along the tranquil shores of Choctawhatchee Bay and Lake Clyde and directly across from Two Georges Marina (formerly Shalimar Yacht Basin), this peaceful coastal retreat offers the perfect blend of serenity and convenience.
Residents of Finisterra enjoy a wide range of amenities including a community pool, lighted tennis and pickleball courts, sauna, clubhouse, BBQ areas, and deeded water access for fishing, kayaking, or paddleboarding. Beautiful green space throughout the community provides the perfect setting to unwind and take in breathtaking sunsets. The complex also features private beach access and is secured with gated entry. Assigned and guest parking in front of your unit add to everyday ease, while the HOA covers water, sewer, trash, groundskeeping, and exterior insurance for added value.
This adorable, move-in ready, 1-bedroom, 1-bath ground floor unit features an open-concept living and dining area and sliding glass doors that open to a private covered patio - ideal for relaxing after a day on the water. New roofs and exterior vinyl siding were completed in 2023.
Located just 15 minutes from Eglin AFB, 20 minutes to Hurlburt Field and Destin, and nearby you will find shopping, dining, and the Gulf's sugar-white beaches, Finisterra is a hidden gem in the heart of Shalimar. It's also a dream for boating enthusiasts - just 1 nautical mile to the Intracoastal Waterway and 2.2 miles to the Destin Bridge.
Please note: Finisterra is a non-rental community during the first two years of ownership. After that period, long-term rentals are permitted; short-term rentals are not allowed.
Finisterra offers a rare opportunity to enjoy a laid-back waterfront lifestyle at an affordable price - perfect for primary residence, second home, or long-term investment.
All information is deemed accurate but should be verified by the buyer and/or buyer's agent if important. Schedule your private showing today! Some images have been virtually staged to showcase potential furnishings and décor. Home is presented unfurnished.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,364
Year Built
- Built in 1970
HOA Fees
- $313 Monthly HOA Fees
Home Design
- Composition Shingle Roof
- Vinyl Siding
Interior Spaces
- 625 Sq Ft Home
- Ceiling Fan
- Living Room
- Tile Flooring
Kitchen
- Electric Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Schools
- Shalimar Elementary School
- Meigs Middle School
- Choctawhatchee High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Additional Features
- Open Patio
- Property Fronts a Bay or Harbor
Listing and Financial Details
- Assessor Parcel Number 06-2S-23-5070-0000-005A
Community Details
Overview
- Association fees include accounting, insurance, security, water, trash
- Finisterra Condo Subdivision
Amenities
- Community Barbecue Grill
- Picnic Area
- Sauna
- Recreation Room
- Laundry Facilities
Recreation
- Tennis Courts
- Community Pool
- Fishing
Pet Policy
- Pets Allowed
Security
- Gated Community
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,323 | $140,000 | -- | $140,000 |
| 2023 | $1,323 | $140,000 | $0 | $140,000 |
| 2022 | $1,147 | $115,000 | $0 | $115,000 |
| 2021 | $995 | $90,000 | $0 | $90,000 |
| 2020 | $901 | $80,000 | $0 | $80,000 |
| 2019 | $722 | $55,000 | $0 | $55,000 |
| 2018 | $710 | $55,000 | $0 | $0 |
| 2017 | $648 | $50,000 | $0 | $0 |
| 2016 | $570 | $43,000 | $0 | $0 |
| 2015 | $545 | $40,500 | $0 | $0 |
| 2014 | $525 | $39,000 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/02/2025 04/02/25 | For Sale | $152,000 | -- | $243 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Similar Home in Shalimar, FL
Source: Emerald Coast Association of REALTORS®
MLS Number: 972825
APN: 06-2S-23-5070-0000-005A
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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