101 Port Drive
About This Property
Set on a scenic lot shaded by mature oaks, the home provides direct access to deep, clear, protected waters-ideal for boating, kayaking, paddleboarding, or fishing right from the comfort of your backyard.
This 3-bedroom, 2-bathroom waterfront home in Shalimar is ready for you to be called yours, whether you're looking for a full-time coastal retreat, or a place to escape for your annual Florida fun in the sun. This residence checks all the boxes.
Your morning cup of coffee won't... be this same in this home, and evenings won't be either as you take in breathtaking sunsets, while dolphins and other sea life are at play, and sailboats pass by.
The primary suite is located on the first level of the home with unbeatable water views that can be experienced from almost every room.
With a beautiful living space that opens to your spacious deck featuring a gas hook-up, entertaining at home is a breeze as your driveway is large enough to host many of your guests' vehicles.
When you choose to venture out from this home, you'll find some of the Emerald Coast's famous sugar-white beaches, local restaurants, shops, and entertainment, as well as local military installations are located within a few minutes' drive. This home's location is prime!
If you are ever in need of a relaxing boat day on the water with family and friends, but you don't want to drive to a community boat launch, unload, and search for parking, no problem. This home has you covered. Lower your boat directly from your private boat lift and go. All of this from the comfort of your own backyard.
Breathtaking views, unbeatable location, and exceptional value, your new waterfront lifestyle awaits you in Shalimar.
See why life is better by the bay and experience Florida waterfront living at its finest.
Buyer(s) is responsible for verifying all data and information including lot size and room measurements as it is deemed to be reliable but not guaranteed.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 30, 2025 | Sold | ||
| Sold | |||
| Dec 5, 2025 | In contract | - | |
| In contract | |||
| Dec 3, 2025 | Price Decreased |
$725,000
↓ $125K
(14.7%) | |
| Price Decreased | |||
| Nov 6, 2025 | Listed by Keller Williams Realty FWB | $850,000 | |
| Listed by Keller Williams Realty FWB | |||
| Aug 29, 2025 | Price Decreased |
$895,000
↓ $102K
(10.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017