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$1,200,000
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Property Description
**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)
Full Property Details
Full Property Details for 5 Palm Dr
General
- Sold For: $1,200,000
- Status: Closed
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 966382
- Added to Site: 401 day(s) ago
Interior
- Rooms/Areas: Bedroom, Florida Room, Great Room, Kitchen, Laundry, Master Bedroom, Office, Other
- Interior Features: Breakfast Bar, Ceiling Raised, Fireplace Gas, Floor Hardwood, Lighting Recessed, Washer/Dryer Hookup, Woodwork Stained
- Appliances: Auto Garage Door Opn, Dryer, Microwave, Range Hood, Refrigerator, Security System, Stove/Oven Gas, Washer
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Great Room: Great Room
- Kitchen: Kitchen
- Office: Office
- Other Room 1: Other
- Florida Room: Florida Room
Additional Information
- Pool: Yes
Exterior
- Exterior Features: Balcony, BBQ Pit/Grill, Boat Slip, Boatlift, Deck Covered, Dock, Fenced Back Yard, Fenced Lot-All, Lawn Pump, Patio Covered, Patio Open, Pavillion/Gazebo, Pool - In-Ground, Pool - Vinyl Liner, Porch, Porch Screened, Renovated, Sprinkler System, Yard Building
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Boat, Garage, Garage Attached, Oversized, RV
Location
- Area: 12 - Fort Walton Beach
- County: Okaloosa
- Subdivision: Jonita Ests Lot 2 Blk 3
- Driving Directions: From Eglin parkway - Old Ferry Road to Meigs Drive- right on Palm Dr.
School Information
- Elementary School: Shalimar
- Middle School: Meigs
- High School: Choctawhatchee
Heating & Cooling
- Heating/Cooling: AC - High Efficiency, Double Pane Windows, Heat Cntrl Gas
Utilities
- Utility Description: Public Sewer, Public Water
Structural Information
- Architectural Style: Contemporary
- Construction: Siding CmntFbrHrdBrd
- Stories/Levels: 2
- Square Feet: 2,817
- Sq. Ft. Source: County PA Records
- Year Built: 1979
Lot Features
- Property View: Bay, Bayou, Coastal Dune Lakes, Intracoastal Waterwy, Lake, Sound
- Lot Dimensions: 101.91 x 168 x 40 x 179.04
- Zoning: Resid Single Family
Water Features
- Water Front Type: Bay, Lake, RiparianRights
Financial Considerations
- Terms: Conventional, FHA, VA
Disclosures and Reports
- Legal Description: JONITA ESTS LOT 2 BLK 3
- APN: 09-2S-23-1340-0003-0020
Listed by Century 21 Wimco Realty Inc
Sold by EXP Realty LLC
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Schools
Schools serving 5 Palm Dr
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Shalimar Elementary School 1350 Joe Martin Circle, Shalimar, FL 32579 | PK-5 | 1 mi |
Clifford Meigs Middle School 150 Richbourg Avenue, Shalimar, FL 32579 | 6-8 | 0.9 mi |
Choctawhatchee Senior High School 110 Racetrack Road Northwest, Fort Walton Beach, FL 32547 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5 Palm Dr
Date
Details
Price
Change
Source
7/03/2025
Sold
$1,200,000
-1.56%
MLS
4/18/2025
Price Reduced
$1,219,000
-2.4%
MLS
3/01/2025
Price Reduced
$1,249,000
-1.58%
MLS
2/20/2025
Price Reduced
$1,269,000
-0.86%
MLS
1/15/2025
Listed
$1,280,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5 Palm Drive, Shalimar, FL 32579 (MLS# 966382) is a Single Family property that was sold at $1,200,000 on July 03, 2025. Want to learn more about 5 Palm Drive? Do you have questions about finding other Single Family real estate for sale in Shalimar? You can browse all Shalimar real estate or contact a Coldwell Banker agent to request more information.

