For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Lake Lorraine 32579 Shalimar Pointe
10 Eglin Drive
$375,000
● House - Off Market

10 Eglin Drive

Shalimar, FL 32579
bedrooms
4 Beds
bathrooms
2 Baths
$2,270
Est. Monthly
5.83%
Cap Rate

About This Property

Full Brick, metal roof, upgraded windows.
Unit Size
-
Days on Market
236 days
Land Size
0.35 acres
Price per sqft
-
Property Type
House
Property Taxes
$311
HOA Dues
-
Year Built
1977

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 10 months ago (ECAR #961040)

Price History

Date / Event Date Event Price
Dec 15, 2025 Sold
Premium
Sold
Sep 28, 2025 In contract -
In contract
Apr 23, 2025 Relisted $399,000
Relisted
Oct 9, 2024 Listed by Coldwell Banker Realty $399,000
Listed by Coldwell Banker Realty
May 1, 2002 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 784
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,441
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 2,749
  • Gross Building Area: 2,749
  • Building Area: 1,885
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,885
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000355
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: BEG 216 FT S & 100 FT E OF NW COR SEC E 105 FT S 140 .01 FT S 45 DEG W 14.14 FT

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021502

Geography

  • Assessors Map Reference: 19
  • Parcel: 04-2S-23-0000-0010-0250
  • Block: 10
  • Meridian: SEC 04 TWN 02S RNG 23W
  • Municipality: OCEAN CITY/WRIGHT FIRE
  • Latitude: 30.4476
  • Longitude: -86.5624

    Address

  • Full Address: 10 Eglin Dr
  • Address - House Number: 10
  • Address - Street Name: Eglin
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Shalimar
  • Carrier Code: C002
  • 4-Digit Zip Code: 1614
  • Zip Code: 32579

Valuation

    Tax

  • Total Area: 2,340
  • Tax Year: 2023
  • Tax Amount: $372,919
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 418,909
  • High Value: 493,580
  • Low Value: 344,237

    Market Valuation

  • Market Total Value: $314,106
  • Market Land Value: $96,384
  • Market Improvement Value: $217,722

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $314,106
  • Assessed Land Value: $96,384
  • Assessed Improvements Value: $217,722

    Sales

  • Current Sale Contract Date: Apr 30, 2002
  • Current Sale Recording Date: May 01, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1919297
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Shalimar Pointe

Stats & Trends

Median Asking:

$527,450

Sale Price/ft²

$226

Below Asking

0.03%

Average Days on Market

70

Average Home Size

3042 ft²

Average Home Age

35.2 years

Currently For Sale

22 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
ECAR

Listed by: John Neal, Coldwell Banker Realty
Last Updated: 10 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 961040
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.

Frequently Asked Questions

When was property at 10 Eglin Drive built and last sold?
The property at 10 Eglin Drive was built in 1977 and last sold on Apr 30, 2002 for $125,000.
How much is this home worth?
The estimated value of the home located at 10 Eglin Drive is $402,990.
What are some comparable homes to 10 Eglin Drive?
There are currently no comparable homes to 10 Eglin Drive.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Lake Lorraine Homes for Sale
Lake Lorraine Houses for Sale
Lake Lorraine Condos for Sale
Lake Lorraine Townhouses for Sale
Lake Lorraine Land for Sale
Lake Lorraine Homes with Basements
Lake Lorraine Homes with Pools
Lake Lorraine Homes with Parking
Nearby Cities
Fort Walton Beach Homes for Sale
Ocean City Homes for Sale
Cinco Bayou Homes for Sale
Shalimar Homes for Sale
Eglin AFB Homes for Sale
Nearby Property Records
Okaloosa County, FL Property Records
Walton County, FL Property Records
Santa Rosa County, FL Property Records
Escambia County, FL Property Records
Washington County, FL Property Records
Holmes County, FL Property Records
Bay County, FL Property Records
Escambia County, AL Property Records
Neighborhoods
Port Dixie Real Estate
Northwest Real Estate
Kenwod Real Estate
Shalimar Pointe Real Estate
Ferry Park Real Estate
Shalimar Real Estate
Beal Parkway Real Estate
Bayou Poquito Real Estate
Top Real Estate Agents
Top Agents in Lake Lorraine Estates
Top Agents in Lake Lorraine
Top Agents in Fort Walton Beach
Top Agents in 32579
Top Agents in Ocean City
Top Agents in Port Dixie
Top Agents in Northwest
Top Agents in Kenwod