91 Catamaran Lane, Shalimar, FL 32579
- Added:
- Apr 30, 2026
- Days on Market:
- 48
- Last Refresh:
- Jun 16 at 5:06 pm
Property Features for 91 Catamaran Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- City
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1
- Parking
- 3
- Standard status
- Pending
- APN
- 05-2S-23-2085-000B-0120
- Size
- 1,184 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Port Dixie Patio Homes Lot 12 Blk B
- Tax Annual Amount
- 818
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1983
- Floors in Building
- 1
- Architectural style
- Other
Listing agent Trey E Ellison License #3387347 (850) 374-2117
Listing office Coldwell Banker Realty 45 Eglin Pkwy NE #101, Pensacola, FL (850) 863-4563
Listing date Apr 30, 2026
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Roof replaced in 2025
- Central air cooling
- Freshly painted and updated throughout
- Hard surface flooring throughout
- Open‑concept layout for living and dining spaces
- Oversized deck with additional yard space
Overview
Located at 91 Catamaran Lane in Shalimar, Florida, the home sits on a 0.09-acre lot in Okaloosa County. The listing notes that the property is back on market at no fault of the seller, and it also highlights a 2025 roof. Buyers are instructed to verify all information important to them, including square footage, room sizes, lot size, and zoning.
For tenants, buyers, or operators seeking a turnkey, updated residential property, the combination of interior updates and outdoor deck space can support comfortable day-to-day living. The open-concept arrangement may also be attractive for occupants who prefer flexible interior setup. As with any purchase, due diligence on all dimensions and zoning-related considerations is recommended before moving forward.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.4k | $19.80 |
| − Vacancy | −$1.2k | −$0.99 |
| EGI | $22.3k | $18.81 |
| − OpEx | −$10.0k | −$8.46 |
| NOI | $12.2k | $10.35 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Shalimar
- County
- Okaloosa
- State
- Florida
- Longitude
- -86.575702
- Latitude
- 30.447759
