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5565 Salem Square Dr N, Palm Harbor, FL, 34685

$232/sqft·Salem Square

2 bd2 ba1,445 sqft2 car garageVilla
Listed by RE/MAX REALTEC GROUP INC· Last updated · MLS# TB8524190

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Est. monthly payment
$2,613/mo
Down payment (20%)
$67,000
Property taxes
$238/mo
HOA
$460/mo
Rate assumed
6.8% · 30 yr
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At a glance

Villa
Built 1988
Community pool
Shared amenity
2 car garage
4,643 sqft lot
Lot size
1,445 sqft
Living area

About this home

Cathedral Ceiling(s)Ceiling Fans(s)Open FloorplanSplit BedroomWalk-in Closet(s)SidewalkDeed RestrictionsGated Community - No Guard

5565 Salem Square Dr N is a 1988-built home in Salem Square, Palm Harbor. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,445 square feet of living space. Listed at $335,000 (about $232/sqft), 42 days on market. Flood zone Aexemp - confirm flood insurance requirements with your lender. HOA runs $460 monthly.

From the listing

Virtually Staged. Welcome to this beautifully updated former model villa featuring 2 bedrooms, 2 bathrooms, and a spacious 2-car garage, all perfectly positioned to capture tranquil pond views. Designed for comfortable Florida living, this exceptional home offers an extended lanai and deck where you can relax or entertain while enjoying the peaceful waterfront setting. Inside, you'll find a thoughtfully updated interior with a modernized kitchen and refreshed bathroom vanities, complemented by fresh interior paint and brand-new carpeting installed in June 2026. The inviting courtyard, conveniently accessed from the kitchen, flows seamlessly into the front yard, creating the perfect space for morning coffee, outdoor dining, or evening gatherings. Additional conveniences include an inside laundry room complete with a utility sink, cabinets and shelves for extra storage and washer, and dryer. Major updates provide added peace of mind, including a brand-new 3-ton HVAC heat pump installed in April 2026 with a transferable 10-year parts and labor warranty, as well as new ductwork and updated plumbing throughout the home. Located directly across from the community's sparkling heated pool and cabana, this maintenance-free residence offers carefree living in the highly desirable gated community of Salem Square. Residents enjoy easy access to East Lake's top-rated schools, shopping, dining, and abundant outdoor recreation. The nearby Pinellas Trail and John Chesnut Park, with its boat launch providing access to Lake Tarpon, are just minutes away. The Ridgemoor Master Association also features a playground, basketball, tennis and pickleball courts. Miles of sidewalks for walking and to enhanced outdoor activities. This move-in-ready villa combines modern updates, low-maintenance living, and an unbeatable location with scenic water views. Schedule your private showing today and discover everything this exceptional home has to offer. There is a new Hometown Heroes Down Payment Assistance program available for 2026. See if you qualify before it runs out. Due to angled walls, room measurements are approximate and should be independently verified by the buyer or the buyer's representative

The essentials

Built
1988
Price / sqft
$232
On market
65 days
Annual tax
$2,857
HOA
$460/mo
Flood zone
AEXEMP
Lot
4,643 sqft
Type
Villa

Location

5565 Salem Square Dr N
Palm Harbor, FL, 34685·34685 - Palm Harbor
Type
Villa
Year Built
1988
Lot
4,643 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
-
Days on Market
65
Cathedral Ceiling(s)
Ceiling Fans(s)
Open Floorplan
Split Bedroom
Walk-in Closet(s)
Sidewalk
Deed Restrictions
Gated Community - No Guard
Pool
Sidewalks
Dishwasher
Dryer
Microwave
Range
Refrigerator
Washer

Elementary

Cypress Woods Elementary-PN

Middle

Carwise Middle-PN

High

East Lake High-PN

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on fileFlood Zone Aexemp

Annual Tax (2024)

$2,857

Parcel #

26-27-16-78470-000-0620

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Salem Square

County

Pinellas

MLS Area

34685 - Palm Harbor

Lot Size

4,643 sqft

In CountySidewalkPrivate
HOA
$460/mo
Melrose Management
Date
Event
Price
7/11/2026
Listed for sale
Source: Stellar MLS #TB8524190
$335,000+100.6%
$232/sqft
3/1/2004
Sold
Source: Pinellas County Public Record
$167,000
$116/sqft
Est. monthly payment$2,613/mo
Principal & interest$1,747
Property taxes$238
Insurance$168
HOA$460
Down payment20% · $67,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA is the fee reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $335,000
$327,500 – $335,000
97.5% – 100% of listTops out right at the list price
80% of listList price
9 of the last 17 townhouse or villa closings in 34685 landed at this number or higher (53%). The median one sat 60 days before it went under contract, and this one is on day 65.

Sample: 17 closed townhouse or villa sales in 34685 over the last 8 months, Stellar MLS. A small sample in a thin market. A starting point, not a guarantee.

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