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$1,150,000

Listing Price

3beds

2baths

3,713sqft

19,663sqft lot

55 Lakeshore Dr, Shalimar, FL 32579

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

264.59

Price / sqft

1989

Year built

Home Details

Welcome to 55 Lakeshore Dr., your DREAM PROPERTY!! This is a rare opportunity to own an extraordinary waterfront estate in the prestigious Lake Lorraine Gardensa 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 bedrooma truly unique feature. From the expansive living areas you can see beautiful Lake Lorraine that feeds into the Choctawhatchee Bay.nnThis spacious home boasts private waterfront access, serene surroundings, and unlimited potential. This estate is perfect for those seeking a peaceful retreat or an entertainers 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 wont run out of space to enjoy! Nestled in one of the areas most sought-after neighborhoods, this property is a diamond in the rough, ready for the right owner to restore its full potential. You wont want to miss out on this once-in-a-lifetime opportunity!

Interior Details

Square Feet
  • 3713

Bedrooms
  • 3

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Carpet

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 19663

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    0

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Wood

Foundation
  • N/A

Roof
  • Cathedral/clerestory

Roofing Material
  • Concrete

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$6,938

$0

$0

--%

$574,319

2019

$6,864

$293,050

$268,357

--%

$561,407

2018

$7,046

$284,771

$246,091

--%

$530,862

2017

$6,976

$284,771

$238,487

--%

$523,258

2016

$6,814

$273,818

$240,332

--%

$514,150

2013

$7,143

$0

$0

--%

$531,078

2012

$5,421

$0

$0

--%

$453,105

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Average Home Price in 32579

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$1,270,822

6 Beds

4.5 Baths

4,008 Sqft

44,443 Lot (sqft)

Sold 07/01/2026

$675,000

5 Beds

4 Baths

3,361 Sqft

10,120 Lot (sqft)

Sold 09/29/2026

$1,150,000

3 Beds

2 Baths

3,713 Sqft

19,663 Lot (sqft)

Sold 09/29/2026

$629,000

4 Beds

2.5 Baths

3,169 Sqft

15,210 Lot (sqft)

Sold 10/05/2026

$760,757

5 Beds

3 Baths

3,404 Sqft

11,020 Lot (sqft)

Sold 10/05/2026

$1,575,000

4 Beds

3 Baths

3,424 Sqft

18,675 Lot (sqft)

Sold 10/05/2026

$674,900

4 Beds

3 Baths

3,290 Sqft

12,083 Lot (sqft)

Sold 09/29/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,150,000
$
Down payment
230,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
6,900
$
HOA (Monthly)
0
$
PMI
0
$
$7,444
Your Payment
Total Monthly Payment:$7,444
Percent of Income:128%
Affordable:No

Details for 55 LAKESHORE DR

Property Debt

Foreclosure Contact Details