NOT LISTED FOR SALE

2551 Palm Shores Dr Shalimar, FL 32579

Estimated Value: $917,000 - $1,175,000

5 Beds
3.5 Baths
3,005 Sq Ft
$342/Sq Ft Est. Value

Last Sold December 02, 2020

Last sale price $862,000 $287 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,110/month

3 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Boat Slip
  • Choctawhatchee Senior High School Rated A-
  • Boat Lift
  • In Ground Pool

About This Home

As of December 2020

Truly picturesque Waterfront Home with Deep Water Access, Covered Dock, Pool & 5 Bedrooms! This beloved home is tucked away on a private cul de sac in the quaint community of Palm Shores in Shalimar. Rarely does an opportunity come available to acquire a home in this premier community on Garniers Bayou. From the moment you come down the oak lined drive to the home you can't help but recognize the architecture of the home radiating with Southern Coastal Charm. Its expansive wrap around front porch, arched windows, dormer detail, metal roof, carriage style 2 car garage, light colored paver driveway, airy coastal color palette, cheerful shutters & welcoming front door. This home exudes happiness from every angle and has been meticulously maintained by the only owners lucky... (Read More) enough to call this home. The Florida Coastal Lifestyle begins the moment you step out onto the covered back porch with it's outstretching views of the water. This is truly a place where play and relaxation can merge. The backyard was designed with an endless array of ways to enjoy the outdoors. Play in the sparkling pool on a hot day or enjoy staying warm next to the fire pit on a cool evening. Cheer for your favorite team on the outdoor TV, while grilling out on the smoker. Grab your family & friends for any watersports your heart desires. The dock offers a covered slip for your boat which is equipped with a motor for finalizing a boat lift to your own specifications, a wave runner lift, and a spacious sun deck perfect for watching the dolphins play, fishing, or relaxing & enjoying a breathtaking sunset. There are also custom built racks to hold your kayaks & paddle boards, with steps off the dock making launching them a breeze.

Step inside and make yourself at home! The open living area feels both spacious & inviting with its vaulted ceiling, large windows bathing the room in natural light, freshly painted walls, & beautiful wood floors. Off the main living space you enter the open concept kitchen & dining area. This is truly the heart of this home! This is the perfect place to gather with anyone that graces this home. The kitchen was remodeled in 2012 and features stainless steel Kitchen Aid appliances, including a double oven range, a third wall oven, built-in microwave, French door refrigerator, & dishwasher. Workspace, storage, & functionality are at the forefront of the overall kitchen design. There is plenty of room for everyone & every task with an island, a spacious bar area for casual seating, a breakfast nook with additional built-in seating, & a large open space for more formal gatherings around the fireplace. The wood burning fireplace, sinker cypress ceiling sourced from Apalachicola & the decorative lighting add to the unique charm of the home. The 1st floor also features a spacious private Master Suite with French doors leading to the pool deck & spectacular water views. The Master Bedroom offers a large walk-in Closet & en suite Master Bathroom. The master bathroom features a large soaking tub, separate walk-in shower, and dual vanities with hammered copper sinks. Also tucked away on the 1st floor are a ½ Bath, extra storage room, & a separate laundry room.

The 2nd floor offers 4 additional bedrooms, 2 Full Bathrooms, and a loft office space or bonus area. The bedroom in the far back right of the home is a perfect secondary master bedroom with spectacular water views. This spacious bedroom features an en suite full bathroom, closet with barn style door, and a second closet that has access to a large bonus space that could be converted into a dream master closet, used for extra storage, or converted into a playroom. There are two more guest bedrooms that face out towards the bayou and offer fantastic water views, and one bedroom with a cathedral ceiling that faces the front of the home. In the far left corner of the 2nd floor is the perfect space for an office, bonus area, hobby, or playroom.

The current owners have continually made updates & improvements to this spectacular home offering the next owner a quality sense of peace of mind. Major improvements include a new Metal Roof in 2016, gas Rinnai Tankless Water Heater in 2014, replaced HVAC in 2010, replaced Kitchen Appliances in 2012, new Paver Driveway in 2019, new Front Exterior Lights in 2020, new Pool Liner in 2016, new Pool Pump in 2018, new Sprinkler Pump in the fall of 2020, freshly painted the main living spaces & stairwell in 2019, all other rooms were painted in 2018, Laundry room updated in 2018, Epoxy coated floor & additional enhancements made to the garage in 2020, and the list goes on.

The current owners designed this home to raise their family here & Truly Loved Every Moment! Please Don't Miss Your Opportunity to Call this wonderful place HOME! Call your Realtor Today!

*Buyers are responsible for verifying any measurements, square footage, or any other pertinent information. Home is located in a HOA community with a very low $300 annual dues & a small community park with water access.

Last Agent to Sell the Property

Karen Martineau

RE/MAX Coastal Properties License #3096846 Listed on: 10/14/2020

RE/MAX Coastal Properties

Co-Listed By

Glenda Lichorwic

RE/MAX Coastal Properties License #3247032

Last Buyer's Agent

Nancy Wendel

ERA American Real Estate License #3309984

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,768

Year Built

  • Built in 1993 | Remodeled

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 79 x 99 x 77 x 131
  • Home fronts a seawall
  • Property fronts a bayou
  • Property fronts a private road
  • Cul-De-Sac
  • Street terminates at a dead end
  • Corner Lot
  • Sprinkler System
  • Lawn Pump

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Property Views

  • Bay
  • Bayou

Home Design

  • Southern Architecture
  • Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Vinyl Trim

Interior Spaces

  • 3,005 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Living Room
  • Dining Area
  • Home Office
  • Storage Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Double Oven
  • Electric Oven or Range
  • Induction Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Laundry Room
  • Exterior Washer Dryer Hookup

Pool

  • In Ground Pool
  • Pool Liner
  • Vinyl Pool

Outdoor Features

  • Bulkhead
  • Boat Lift
  • Boat Slip
  • Docks
  • Covered Deck
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

  • Shalimar Elementary School
  • Meigs Middle School
  • Choctawhatchee High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Tankless Water Heater
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06-2S-23-4016-000A-0010

Community Details

Overview

  • Association fees include land recreation
  • Palm Shores Subdivision
  • The community has rules related to covenants

Recreation

  • Boat Dock
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,768

Year Built

Built in 1993 | Remodeled

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: 79 x 99 x 77 x 131
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: EMAX
  • Co List Office Phone: 850-837-9900
  • Subdivision Name: PALM SHORES
  • Directions: Coming From FWB: From Eglin Pkwy, Turn Left at the Post Office onto Shalimar Dr. Follow Shalimar Dr. north. At 2nd Stop Sign Turn Right to stay on Shalimar Dr. Take 1st Left to stay on Shalimar Dr. Tu
  • Architectural Style: Southern
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1993
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Waterview:Bay2: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Foyer: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Storage: Yes
  • Rooms:Dining Area: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Energy:Heat Cntrl Gas: Yes
  • Energy:Water Heater - Gas: Yes
  • Rooms:Office2: Yes
  • Waterfront:Bayou: Yes
  • Waterview:Bayou2: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Microwave, Oven Double, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Vaulted, Fireplace, Floor Hardwood, Floor Tile, Floor WW Carpet, Furnished - None, Kitchen Island, Lighting Recessed, Renovated, Split Bedroom, Washer/Dryer Hookup, Window Treatment All
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Split Bedroom: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Kitchen Island: Yes
  • Appliances:Oven Double: Yes
  • Interior:Fireplace: Yes

Exterior Features

  • Lot Features: Bulkhead/Seawall, Corner, Covenants, Cul-De-Sac, Dead End, Restrictions, Sidewalk, Survey Available, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Bayou, Bay
  • Waterfront Features: Bayou
  • Waterfront: Yes
  • Construction Type: Frame, Roof Metal, Vinyl Siding, Slab, Trim Vinyl
  • Exterior Features: BBQ Pit/Grill, Boat Slip, Boatlift, Deck Covered, Dock, Lawn Pump, Patio Covered, Pool - In-Ground, Pool - Vinyl Liner, Porch, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Siding Vinyl: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Porch: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Deck Covered: Yes
  • Lot Features:BulkheadSeawall: Yes
  • ConstructionSiding:Trim Vinyl: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • Lot Features:Dead End: Yes
  • Exterior:Lawn Pump: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Pool - In-Ground: Yes
  • Lot Features:Sidewalk: Yes
  • Lot Features:Corner: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:Boat Slip: Yes
  • Exterior:Boatlift: Yes
  • Exterior:Dock: Yes
  • Exterior:Pool - Vinyl Liner: Yes

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • General Property Info:Garage2: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Rooms:Garage5: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Dock, Fishing, Pets Allowed
  • Association #2 Fee: 300.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Land Recreation

Schools

  • Elementary School: Shalimar
  • High School: Choctawhatchee
  • Middle Or Junior School: Meigs

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 06-2S-23-4016-000A-0010
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4768.26
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
Dec 2, 2020
Sold by
Mccarthy Stephen J and Mccarthy Kimberly A
Bought by
Axt Erik Martin and Axt Kelly Louise
Seller's Agent
Karen Martineau
RE/MAX Coastal Properties
Buyer's Agent
Nancy Wendel
ERA American Real Estate
List Price
$862,000
Sold Price
$862,000
Current Estimated Value
$1,027,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,476
Avg. Annual Appreciation
3.69%
Original Mortgage
$862,000
Outstanding Balance
$768,806
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$258,670
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Axt Erik Martin $862,000 Old South Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Axt Erik Martin $862,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2020 12/02/20 Sold $862,000 0.0% $287 / Sq Ft
10/17/2020 10/17/20 Pending -- -- --
10/14/2020 10/14/20 For Sale $862,000 -- $287 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,831 $619,457 -- --
2023 $7,831 $601,415 $0 $0
2022 $7,537 $583,898 $0 $0
2021 $7,496 $566,891 $279,072 $287,819
2020 $4,768 $369,597 $0 $0
2019 $4,768 $361,287 $0 $0
2018 $4,720 $354,551 $0 $0
2017 $4,634 $347,259 $0 $0
2016 $4,511 $340,117 $0 $0
2015 $4,541 $337,753 $0 $0
2014 $4,508 $335,072 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 857209

Emerald Coast Association of REALTORS®

APN: 06-2S-23-4016-000A-0010