$1,219,000

5 Palm Dr Shalimar, FL 32579

$10,000
Closing credit¹
3 beds
2 full, 1 partial
2,817 sqft
$433 / sqft
House

Property details

About 5 Palm Dr

NO HOA-STUNNING WATERFRONT HOME WITH POOL, 2 BOAT SLIPS/LIFTS, PROTECTED WATERWAY, AND OUTDOOR SPACE. Nestled on Lake Clyde, a deep-water saltwater lake in Shalimar, Florida with direct access to the bay and ultimately the Gulf of Mexico and some of the finest fishing around. This home brings charm, warmth and is the perfect property for the saltwater enthusiast. The property features two private boat slips, along with a spacious sun deck—perfect for sunbathing, relaxing, or enjoying breathtaking views of the water. The backyard is expansive; complete with a huge pool, fully equipped outdoor kitchen with a natural gas grill and broiler for your next shrimp boil. The backyard has been cultivated by a master gardener to feature mature flowers, plants and palm trees to include a 22 year old fig tree that produces a ton of fruit June/July, 5 blueberry bushes, a tangelo and several thornless blackberry bushes. Its your own tropical paradise! Stepping in from the backyard you are greeted into the Florida room which is a fantastic place to sip your cup of coffee in the morning or enjoy a relaxing evening. The kitchen is spacious. There is plenty of space to serve guests and tons of cabinets to store away all your cookware. Just off the kitchen is the living room with 12ft stained cedar ceilings that bring warmth to the space. The living room has plenty of space for your oversized seating and even has a bonus room just off the living room that is currently being used as a music room with even more cabinets and storage. The living room is home to the gas fireplace and entertainment equipment that fuels the indoor and outdoor speakers. Just off the living room is the master suite (1st floor) and large tranquil master bathroom with his and her closets. You will LOVE the oversized custom designed river rock shower- beautiful and functional. Also, on the 1st floor you will find the laundry room and a good-sized office just off the 2-car garage. Upstairs, youll find a versatile loft space ideal for a home office, reading nook, or additional living area and 2 bedrooms. Your guest/family can draw straws on whoever gets the bedroom with their own private balcony. The seller has gone above and beyond meticulously maintaining the property. Roof is 2024. The pool has a brand-new pool liner. The sellers purchased an Aqua Dam that will convey with the property to protect the property and pool from any rising waters from the bay. Dock piers recently wrapped. Security system in place with ADT. This home truly offers the ultimate in waterfront living, with all the amenities and details you could want for a luxurious, relaxed lifestyle. (SEE FEATURE SHEET IN PICTURES)

Highlights

Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
Size2,817 sqft
Year built1979
ParkingGarage, Boat, Oversized, RV
MLS #966382
Attached garage2 spaces
WaterfrontBay, Lake Front, Riparian Rights
FireplaceGas Fireplace
ViewSound, Lake, Bayou, Bay
Private poolYes

Virtual tour

Summary

  • MLS Number: 966382
  • MLS Name: Emerald Coast Association of REALTORS®
  • Office Name: Century 21 Wimco Realty Inc
  • Office Email: charliew@century21wimco.com
  • Listing Agent: Courtney L Solley

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/20/2025, 4:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$1,219,000

5 Palm Dr

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
May 24, 2000
Home Sold
$340,000

Tax history

YearAssessmentProperty Tax
2023$321,653$3,500
2022$312,284$3,414
2021$303,188$3,414
2020$299,002$3,402
2018$286,830$3,302
2017$280,930$3,243

History based on county public records data.

Nearby schools

4

Shalimar Elementary School

Public District PK-5

1.0 mi

1350 Joe Martin Cir

5

Elliott Point Elementary School

Public District PK-5

1.5 mi

301 Hughes St NE

3

Longwood Elementary School

Public District PK-5

1.9 mi

50 Holly Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $119,602. Typical income of Shalimar, FL residents is between $100k-200k annually. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

9%
<35k
32%
35k-100k
35%
100k-200k
24%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

25%
Single, No Kids
6%
Single, with Kids
50%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
9%
12-17 yrs old
11%
18-34 yrs old
46%
35-64 yrs old
25%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • Hiking/backpackingHiking/backpacking
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Chico'sChico's
  • Nordstrom RackNordstrom Rack
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • ChipotleChipotle
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • VolvoVolvo
  • MazdaMazda
  • CadillacCadillac

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • RockRock
  • ClassicalClassical
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5 Palm Dr

This home is located at 5 Palm Dr in Shalimar, FL and zip code 32579. This 2,817 square foot home was built in 1979. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 15, 2025 and is currently priced at $1,219,000.

While more than 0 listings in Shalimar, FL in March 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 3 were sold below. In March 2025 in Shalimar, FL there were 3.9% more homes for sale than in February. In March 2025, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $415,000.

From Rocket Homes Real Estate and based on county public records data.

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