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$1,374,000

Beds
4
Baths
2.5
sq ft
3,321

59 Lakeshore Dr, Shalimar, FL 32579

59 Lakeshore Dr

Shalimar, FL 32579

  • 43 days on market
    • Price drop $25,000↓
Beautiful Waterfront Property! The home sits on Lake Lorraine with spectacular views of Choctawhatchee Bay, Okaloosa Island and just minutes to Crab Island. This 4 bed, 2.5 bath home is located in the desirable Lake Lorraine Gardens subdivision. Hardwood floors throughout the home except in the two full bathrooms. On the main level you will find a large, gourmet kitchen with granite counter tops & stainless appliances; a formal dining room; the living room with a new gas fireplace; an office area; a half bath and the Master Suite with remodeled bathroom. The beautiful stairway with wrought iron handrail, takes you up to 3 additional bedrooms and a full bath. Spacious decks on the back of the house to enjoy the views. There is a large backyard that walks down to the water and newly repaired boat dock. The front yard is nicely landscaped with large trees and a paver brick driveway. A new roof was installed in 2019. See the list of other upgrades made by the Seller in the documents section.

Details

Property type

Single Family Residence

Est. home value

$922,254

Lot size

0.33 acres

Price per sq ft

$414

Year built

1989

Price History

03/12/2025
EmeraldCoast

EmeraldCoast #968856

Price change
$1,374,000
-1.79%
02/18/2025
EmeraldCoast

EmeraldCoast #968856

Listed
$1,399,000
+19.98%
01/16/2024
EmeraldCoast

EmeraldCoast #937405

Sold
$1,166,000
+64.23%

Schools & Community

Elementary school: 

Shalimar

Middle school: 

Meigs

High school: 

Choctawhatchee

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Cumberland Federal Bank Fsb

Loan start date

January 2024

Original loan amount

$466,000

Est. remaining balance

Not provided

Interest rate

7.22%

Loan type

Credit Line (Revolving)

Seller

Patriok G Meitz

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/02/2025 at 5:35 PM

Listing updated: 03/26/2025 at 7:51 PM

Listed by: Justin Myers, Justin Myers, Justin Myers, Justin B Myers, Justin B Myers, EXP Realty LLC Phone #: (850) 460-2900

MLS: EmeraldCoast #968856

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