5 Palm Dr Shalimar, FL 32579
3
Beds
2.5
Baths
2,817
Sq Ft
1979
Built
Highlights
- Lake Front
- Views of a Sound
- Parking available for a boat
- Choctawhatchee Senior High School Rated A-
- Docks
- Boat Lift
About This Home
As of July 2025**UNDER CONTRACT 4-27-2025* 72 HR KICK OUT CLAUSE EXECUTED* ACCEPTING BACK UP OFFERS.
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. It's 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, you'll 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. the bay. Brand new dock piers with new snap jackets. The pool has a brand-new pool liner 2024. 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)
Last Agent to Sell the Property
Century 21 Wimco Realty Inc License #3299249 Listed on: 01/15/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,500
Year Built
- Built in 1979
Lot Details
- Lot Dimensions are 101.91 x 168 x 40 x 179.04
- Lake Front
- Property Fronts a Bay or Harbor
- Back Yard Fenced
- Sprinkler System
- Lawn Pump
Parking
- 2 Car Attached Garage
- Oversized Parking
- Automatic Garage Door Opener
- Parking available for a boat
- RV Access or Parking
Property Views
- Views of a Sound
- Intracoastal
- Bay
- Lake
- Bayou
Home Design
- Contemporary Architecture
- Cement Board or Planked
Interior Spaces
- 2,817 Sq Ft Home
- 2-Story Property
- Woodwork
- Vaulted Ceiling
- Recessed Lighting
- Gas Fireplace
- Double Pane Windows
- Great Room
- Home Office
- Sun or Florida Room
- Screened Porch
- Home Security System
Kitchen
- Breakfast Bar
- Gas Oven or Range
- Range Hood
- Microwave
Flooring
- Wood
- Painted or Stained Flooring
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Dual Vanity Sinks in Primary Bathroom
- Garden Bath
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- In Ground Pool
- Pool Liner
- Vinyl Pool
Outdoor Features
- Riparian rights to water flowing past the property
- Boat Lift
- Boat Slip
- Docks
- Balcony
- Covered Deck
- Patio
- Gazebo
- Shed
- Built-In Barbecue
Schools
- Shalimar Elementary School
- Meigs Middle School
- Choctawhatchee High School
Utilities
- High Efficiency Air Conditioning
- Central Heating
- Heating System Uses Natural Gas
Community Details
- Jonita Ests Lot 2 Blk 3 Subdivision
Listing and Financial Details
- Assessor Parcel Number 09-2S-23-1340-0003-0020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 15, 2025
Closed on
Jul 1, 2025
Sold by
Dineen Patrick M and Dineen Toni W
Bought by
Kimball Daniel and Kimball Kelsey
Seller's Agent
Courtney Solley
Century 21 Wimco Realty Inc
Buyer's Agent
Emily Probst
EXP Realty LLC
List Price
$1,280,000
Sold Price
$1,200,000
Premium/Discount to List
-$80,000
-6.25%
Views
116
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.84%
Original Mortgage
$1,116,500
Outstanding Balance
$1,116,500
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$69,815
Purchase Details
Closed on
Mar 13, 2017
Sold by
Dineen Patrick M and Dineen Toni W
Bought by
Dineen Patrick M and Dineen Toni W
Purchase Details
Closed on
Jan 21, 2002
Sold by
Dineen Patrick M and The Patrick M Dineen Revocable
Bought by
Dineen Patrick M and Dineen Toni W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.08%
Purchase Details
Closed on
May 23, 2000
Sold by
Vrasic Stephan J and Vrasic Amy E
Bought by
Dineen Patrick M and Dineen Toni W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
8.14%
Similar Homes in Shalimar, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,200,000 | Nautilus Title & Escrow | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | Okaloosa Title & Abstract Co | |
| Warranty Deed | $340,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,116,500 | New Conventional | |
| Previous Owner | $125,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $165,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $195,000 | Stand Alone Second | |
| Previous Owner | $20,000 | Stand Alone Second | |
| Previous Owner | $240,000 | Unknown | |
| Previous Owner | $250,000 | No Value Available | |
| Previous Owner | $240,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/03/2025 07/03/25 | Sold | $1,200,000 | -1.6% | $426 / Sq Ft |
| 04/27/2025 04/27/25 | Pending | -- | -- | -- |
| 04/18/2025 04/18/25 | Price Changed | $1,219,000 | -2.4% | $433 / Sq Ft |
| 03/01/2025 03/01/25 | Price Changed | $1,249,000 | -1.6% | $443 / Sq Ft |
| 02/20/2025 02/20/25 | Price Changed | $1,269,000 | -0.9% | $450 / Sq Ft |
| 01/15/2025 01/15/25 | For Sale | $1,280,000 | -- | $454 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History Compared to Growth
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 | $3,500 | $331,303 | -- | -- |
| 2023 | $3,500 | $321,653 | $0 | $0 |
| 2022 | $3,414 | $312,284 | $0 | $0 |
| 2021 | $3,403 | $303,188 | $0 | $0 |
| 2020 | $3,374 | $299,002 | $0 | $0 |
| 2019 | $3,334 | $292,280 | $0 | $0 |
| 2018 | $3,303 | $286,830 | $0 | $0 |
| 2017 | $3,244 | $280,930 | $0 | $0 |
| 2016 | $3,157 | $275,152 | $0 | $0 |
| 2015 | $3,184 | $273,239 | $0 | $0 |
| 2014 | $3,054 | $263,082 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Courtney Solley
Century 21 Wimco Realty Inc
(850) 376-4058
2 in this area
71 Total Sales
-
E
Buyer's Agent in 2025
Emily Probst
EXP Realty LLC
(850) 830-4414
4 in this area
229 Total Sales
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 966382
APN: 09-2S-23-1340-0003-0020
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