Waterfront Homes for Sale in Shalimar, FL
This page tracks every Shalimar listing whose MLS record reports waterfront (ocean, bay, Intracoastal, river, canal or lake frontage), by community, with live counts and asking prices, and the costs that come with the water.
32 waterfront homes are for sale or pending in Shalimar, FL today across 24 communities. The median asking price is $1,824,950, from $185,000 to $3,499,000. Most listings right now: Poquito Bayou (3), Lake Lorraine Estates (2), Lake Lorraine Estates (2). Updated September 8, 2026 from the MLS.
Shalimar waterfront homes by community
Click a community for its full guide: prices, HOA reality, insurance posture and the homes for sale.
| Community | Waterfront Homes | New build | Median list | From |
|---|---|---|---|---|
| Poquito Bayou | 3 | 0 | $1,899,900 | $1,395,000 |
| Lake Lorraine Estates | 2 | 0 | $2,124,500 | $799,000 |
| Lake Lorraine Estates | 2 | 0 | $2,074,500 | $799,000 |
| Poquito Bayou | 2 | 0 | $1,824,950 | $1,699,900 |
| Finisterra Condo | 2 | 0 | $242,500 | $185,000 |
| Paradise Point | 1 | 0 | $3,499,000 | $3,499,000 |
| Paradise Point | 1 | 0 | $3,299,000 | $3,299,000 |
| Lake Pointe | 1 | 0 | $2,950,000 | $2,950,000 |
| Black Pointe | 1 | 0 | $2,699,000 | $2,699,000 |
| Black Pointe | 1 | 0 | $2,699,000 | $2,699,000 |
| Casa Marina S/D 1St Add | 1 | 0 | $2,650,000 | $2,650,000 |
| Bayou Poquito | 1 | 0 | $2,459,000 | $2,459,000 |
| Bayou Poquito | 1 | 0 | $2,459,000 | $2,459,000 |
| Casa Marina S/D | 1 | 0 | $2,399,999 | $2,399,999 |
| Port Dixie | 1 | 0 | $1,950,000 | $1,950,000 |
| Port Dixie | 1 | 0 | $1,950,000 | $1,950,000 |
| Lake Lorrine Gardens | 1 | 0 | $1,750,000 | $1,750,000 |
| Lake Lorrine Gardens | 1 | 0 | $1,750,000 | $1,750,000 |
| Lake Pointe | 1 | 0 | $985,000 | $985,000 |
| Shalimar Park | 1 | 0 | $780,000 | $780,000 |
| Garniers Cay Ph 2 | 1 | 0 | $649,500 | $649,500 |
| Snug Harbor | 1 | 0 | $569,000 | $569,000 |
| Garniers Cay T/H | 1 | 0 | $450,000 | $450,000 |
| Garniers Cay T/H | 1 | 0 | $447,500 | $447,500 |
What waterfront ownership really costs
Waterfront homes carry costs inland homes do not: flood insurance where the parcel sits in a FEMA special flood hazard area, higher windstorm premiums closer to open water, and upkeep for seawalls, docks and lifts. Before you offer, pull the FEMA flood zone for the specific parcel, ask for the seawall’s age and any inspection reports, and get an insurance quote in hand, not an estimate. Our flood insurance calculator and wind mitigation savings calculator show what the parcel will actually cost to insure.
Questions to ask about any waterfront listing
Is the water frontage deeded or association-owned? Is there a fixed bridge between the dock and open water, and what is the clearance? What did the seller pay for flood and wind coverage last year, and with which carriers? Has the seawall or dock been permitted and inspected? What is the finished-floor elevation? A local agent who works waterfront deals will know which canals hold depth at low tide and which carriers are writing in the area.
Common questions
How many waterfront homes are for sale in Shalimar?
What do waterfront homes cost in Shalimar?
Which Shalimar community has the most waterfront homes for sale?
Is a waterfront home always in a flood zone?
Keep exploring Shalimar
Live data: Emerald Coast AOR, refreshed with every MLS pull; this page rebuilds on every ship. Community-level aggregates only: active and pending residential listings in Shalimar, FL whose MLS record reports waterfront. Prices are asking prices, not values. Property features and prices only; nothing on this page describes residents. Equal Housing Opportunity.