Michael Werner
Keller Williams Success Realty
(850) 532-6263
84 Total Sales
1 in Shalimar
$735,000 Price
55 Lakeshore Dr Shalimar, FL 32579
Shalimar AreaEstimated Value: $1,044,778
3
Beds
2
Baths
3,713
Sq Ft
$281/Sq Ft
Est. Value
Highlights
- Lake Front
- Bay View
- 0.45 Acre Lot
- Community Boat Dock
- Primary Bedroom Suite
- Vaulted Ceiling
About This Home
As of October 2025Welcome to 55 Lakeshore Dr., your DREAM PROPERTY!! This is a rare opportunity to own an extraordinary waterfront estate in the prestigious Lake Lorraine Gardens—a home with incredible potential for those ready to bring it back to life. Perfectly positioned on 140 feet of pristine waterfront, this high and dry home offers breathtaking panoramic water views from every bedroom—a truly unique feature. From the expansive living areas you can see beautiful Lake Lorraine that feeds into the Choctawhatchee Bay. This spacious home boasts private waterfront access, serene surroundings, and unlimited potential. This estate is perfect for those seeking a peaceful retreat or an entertainer's paradise. You will immediately be impressed by the large, open spaces in this prestigious home, along with the almost impossible to find HUGE waterfront lot! With 3 large bedrooms including a huge Master bedroom, a full sized Formal Dining Room, an Office, a Family Gathering Room, an amazing Great Room, a screened in "Florida" room, you won't run out of space to enjoy! Nestled in one of the area's most sought-after neighborhoods, this property is a diamond in the rough, ready for the right owner to restore its full potential. You won't want to miss out on this once-in-a-lifetime opportunity!
Last Agent to Sell the Property
316 Realty Group LLC License #3515292 Listed on: 06/27/2025
Last Buyer's Agent
Jonathan Clark
Paradise Properties
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,409
Year Built
- Built in 1989
Lot Details
- 19,602 Sq Ft Lot
- Lot Dimensions are 45x170x140x180
- Lake Front
- Home fronts a seawall
- Sprinkler System
- Property is zoned Resid Multi-Family
Parking
- 3 Car Garage
Home Design
- Wallpaper
- Slate Roof
- Block Exterior
- Stucco
Interior Spaces
- 3,713 Sq Ft Home
- 1-Story Property
- Built-in Bookshelves
- Vaulted Ceiling
- Skylights
- Recessed Lighting
- Gas Fireplace
- Great Room
- Living Room
- Dining Room
- Screened Porch
- Utility Room
- Exterior Washer Dryer Hookup
- Tile Flooring
- Bay Views
Kitchen
- Breakfast Bar
- Electric Oven or Range
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Suite
- 2 Full Bathrooms
- Separate Shower in Primary Bathroom
- Garden Bath
Outdoor Features
- Bulkhead
- Docks
Schools
- Shalimar Elementary School
- Meigs Middle School
- Choctawhatchee High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 04-2S-23-1437-0000-0190
Community Details
Overview
- Lake Lorraine Gardens Subdivision
Recreation
- Community Boat Dock
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 27, 2025
Closed on
Oct 2, 2025
Sold by
Bought by
Seller's Agent
Amanda Fiegel
316 Realty Group LLC
Buyer's Agent
Jonathan Clark
Paradise Properties
List Price
$1,150,000
Sold Price
$960,000
Premium/Discount to List
-$190,000
-16.52%
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,778
Avg. Annual Appreciation
10.73%
Original Mortgage
$825,423
Outstanding Balance
$820,195
Interest Rate
6.58%
Mortgage Type
VA
Estimated Equity
$224,583
Purchase Details
Closed on
Sep 29, 2016
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Shalimar, FL
-
Michael Werner
-
Heather Fox
Heather Fox
Beachy Beach Real Estate
(850) 788-3718
129 Total Sales
1 in Shalimar
$240,000 Price
-
Jennifer Cook
Jennifer Cook
Responds QuicklyReal Broker LLC
(850) 204-9394
54 Total Sales
1 in Shalimar
$330,000 Price
-
Susan Sharpe
Susan Sharpe
Responds QuicklyExit Realty Anchor South
(850) 467-9061
41 Total Sales
1 in Shalimar
$378,000 Price
-
BRYAN CHRISTENSEN
BRYAN CHRISTENSEN
Axen Realty LLC
(850) 716-1922
36 Total Sales
3 in Shalimar
$235K - $575K Price Range
-
Ramona Speer
Ramona Speer
ERA American Real Estate
(850) 613-0043
130 Total Sales
3 in Shalimar
$166K - $345K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $960,000 | South Oak Title | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $825,423 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/03/2025 10/03/25 | Sold | $960,000 | -16.5% | $259 / Sq Ft |
| 04/07/2025 04/07/25 | Pending | -- | -- | -- |
| 03/26/2025 03/26/25 | For Sale | $1,150,000 | -- | $310 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $14,656 | $1,194,819 | $669,164 | $525,655 |
| 2024 | $8,409 | $739,701 | ||
| 2023 | $8,409 | $718,156 | $0 | $0 |
| 2022 | $8,220 | $697,239 | $0 | $0 |
| 2021 | $8,206 | $676,931 | $0 | $0 |
| 2020 | $6,939 | $574,319 | $0 | $0 |
| 2019 | $6,864 | $561,407 | $293,050 | $268,357 |
| 2018 | $7,047 | $530,862 | $0 | $0 |
| 2017 | $6,977 | $523,258 | $0 | $0 |
| 2016 | $6,814 | $514,150 | $0 | $0 |
| 2015 | $6,637 | $493,552 | $0 | $0 |
| 2014 | $6,479 | $481,324 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Amanda Fiegel
Seller's Agent in 2025
Amanda Fiegel
316 Realty Group LLC
(850) 499-7121
26 Total Sales
-
J
Buyer's Agent in 2025
Jonathan Clark
Paradise Properties
-
-
Buyer's Agent in 2025
- Ecn.rets.e8380
ecn.rets.RETS_OFFICE
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 972181
APN: 04-2S-23-1437-0000-0190
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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