$285,000
SOLD DEC 23, 2025

5954 Palermo Dr Pace, FL 32571

4 Beds
2 Baths
1,813 Sq Ft
0.25 Acres

Recently Sold

$157 Per Sq Ft

12% Below List Price

127 Days on Market

Highlights

  • Craftsman Architecture
  • Interior Lot
  • Central Heating and Cooling System
  • Breakfast Area or Nook
  • Double Pane Windows
  • 2 Car Garage

About This Home

As of December 2025

NEW LOWER PRICE!! Small yet quaint neighborhood that offers a sense of community for its residents. This home offers 4 Bedrooms, 2 Full Baths with a "open concept" living area which is great for the family. Expansive kitchen is a true "eat-in" kitchen which features maple wood cabinets, wraparound breakfast bar, large pantry, lots of counter space and all the appliances you need including the refrigerator (which shall convey AS IS ). Seller has updated the built in microwave and the dishwasher as well. The kitchen opens into the living are which is perfect for families with little ones , keeping an eye on them while cooking dinner is a must! The spacious master suite features a huge walk-in closet while the master bath offers double vanities, large linen closet for extra storage, and a private water closet. The guest bedrooms are spacious with large closets and offer a bit more space than some of the new homes on the market. The seller just installed brand new lush StainMaster "Petprotect" carpet in all the bedrooms. It comes with a lifetime warranty for stains and it is pristine and untouched! The living room, kitchen and baths have luxury vinyl for easy care and even easier cleanup. There are two inch blinds throughout the home and ceiling fans as well. The homeowner has had a very nice covered patio area built so you can have a reprieve from the elements when you have the family cookouts. You can put up a nice patio set, swing or playset in this space yet there is still plenty of backyard for ball practices, swing set and that garden you have always wanted to start. This home is in the WONDERFUL and highly desired Pace School System and it is 20 minutes to Whiting Field, 45 minutes to NAS Pensacola and 35 minutes to the beautiful Pensacola Beach.

Last Agent to Sell the Property

Tracie McCoy

Levin Rinke Realty Brokerage Email: tracim@levinrinkerealty.com Listed on: 08/07/2025

Levin Rinke Realty

Last Buyer's Agent

Jason Panos

REMAX Select Partners

REMAX Select Partners

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015

Lot Details

  • 0.25 Acre Lot
  • Interior Lot

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,813 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Wallace Lake K-8 Elementary And Middle School
  • Pace High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Terra Bella Subdivision

Listing and Financial Details

  • Assessor Parcel Number 282N29539500E000050

Home Details

Home Type

Single Family

Year Built

Built in 2015

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Stories: 1
  • Parcel Number: 282N29539500E000050
  • Property Type: Residential
  • Year Built: 2015
  • Electric: Copper Wiring, Circuit Breakers
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.25
  • Subdivision Name: Terra Bella
  • Directions: Berryhill Road to Luther Fowler Road. North on Luther Fowler Road to second entrance on the left into Terra Bella, second right is Palermo
  • Architectural Style: Craftsman
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Attribution Contact: tracim@levinrinkerealty.com
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1813
  • Window Features: Double Pane Windows
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Breakfast Bar, Breakfast Room/Nook
  • Living Room Living Room Level: First
  • Room Kitchen Features: Not Updated

Exterior Features

  • Roof: Shingle
  • Lot Features: Interior Lot
  • Pool Features: None
  • Construction Type: Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Covered
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Car Garage
  • Total Parking Spaces: 2

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Association

Schools

  • Elementary School: Wallace Lake K-8
  • High School: Pace
  • Middle Or Junior School: WALLACE LAKE K-8

Lot Info

  • Lot Size Sq Ft: 10890
  • Zoning Description: Res Single

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2015
Closed on
Feb 15, 2016
Sold by
D R Horton Inc
Bought by
Steele Brittany M and Eldridge Brandon S
Seller's Agent
FRANCES COOLEY
D R Horton Realty of NW Florida, LLC
Buyer's Agent
SAMANTHA BELL
ERA LEGACY REALTY SPENCER
List Price
$165,900
Sold Price
$165,500
Premium/Discount to List
-$400
-0.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Original Mortgage
$162,501
Outstanding Balance
$127,993
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$170,675

Purchase Details

Closed on
Sep 20, 2011
Sold by
Gooden Homes Inc
Bought by
Synovus Bank and Columbus Bank & Trust Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $165,500 Dhi Title Of Florida Inc
Deed In Lieu Of Foreclosure $2,140,600 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $162,501 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2025 12/23/25 Sold $285,000 -5.0% $157 / Sq Ft
12/12/2025 12/12/25 Pending -- -- --
10/27/2025 10/27/25 Price Changed $299,900 -4.8% $165 / Sq Ft
09/08/2025 09/08/25 Price Changed $315,000 -3.1% $174 / Sq Ft
08/07/2025 08/07/25 For Sale $325,000 +96.4% $179 / Sq Ft
02/15/2016 02/15/16 Sold $165,500 -0.2% $90 / Sq Ft View Prior Sale
12/17/2015 12/17/15 Pending -- -- --
05/29/2015 05/29/15 For Sale $165,900 -- $91 / Sq Ft
Source: Pensacola 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
2025 $1,866 $174,515 -- --
2024 $1,755 $169,597 -- --
2023 $1,755 $164,657 $0 $0
2022 $1,708 $159,861 $0 $0
2021 $1,686 $155,205 $0 $0
2020 $1,657 $153,062 $0 $0
2019 $1,600 $149,621 $0 $0
2018 $1,542 $146,831 $0 $0
2017 $1,533 $143,811 $0 $0
2016 $1,991 $138,251 $0 $0
2015 $346 $17,200 $0 $0
2014 -- $14,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 668977

Pensacola Association of REALTORS®

APN: 28-2N-29-5395-00E00-0050