5565 SALEM SQUARE DRIVE N, PALM HARBOR, FL, 34685
Active22 days on marketListed Jul 11, 2026MLS #TB8524190
About this home
5565 SALEM SQUARE DRIVE N
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
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,445
Sqft
0.11 ac
Lot size
2
Garage
1988
Year built
One
Levels
$232
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$2,978 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,978/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+7.7%
$/sqft vs Palm Harbor actives
$232 vs $261
Days on market
22 vs 42 typical
Where $232/sqft sits among the 400 Palm Harbor actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Ridgemoor
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Palm Harbor. See the full Palm Harbor guide →
Ridgemoor — neighborhood snapshot
Population
2,300
Median age
56
Median income
$63,976
Median home value
$392,234
Avg household
2
Households w/ children
228
For the school run
Pinellas County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Palm Harbor market
$425K → $450K
Palm Harbor median sold, yr/yr
96.3%
Sale-to-list ratio (12 mo)
204 of 400
Palm Harbor actives have cut their price
Median sold price, Palm Harbor, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 3% below the PALM HARBOR 34685 median. See the full Palm Harbor market guide →
Paper trail
This home's history
Reality check
What actually sold near 5565 SALEM SQUARE DRIVE N
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$390,000
3764 DARSTON STREET · same community
2 bd · 2 ba · 1,563 sqft · $250/sqft · 7 DOM
Sold · Jan ’26$332,500
3891 TIMBER RIDGE COURT · same community
3 bd · 2 ba · 1,563 sqft · $213/sqft · 139 DOM
Sold · Apr ’26$374,900
3802 DARSTON STREET · same community
3 bd · 2 ba · 1,563 sqft · $240/sqft · 1 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5565 SALEM SQUARE DRIVE N — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5565 SALEM SQUARE DRIVE N — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
5565 SALEM SQUARE DRIVE N FAQs
What would the monthly payment be for 5565 SALEM SQUARE DRIVE N?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,978/mo — principal and interest, the actual property-tax bill, the $460/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 5565 SALEM SQUARE DRIVE N?+
The association fee works out to $460 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 5565 SALEM SQUARE DRIVE N?+
The most recent tax bill on record (2024) was $2,857. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 5565 SALEM SQUARE DRIVE N?+
The listing reports pets: Breed Restrictions, Size Limit. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Palm Harbor?+
At $335,000, this home is listed about 11% below the Palm Harbor median of $375,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5565 SALEM SQUARE DRIVE N?+
Cypress Woods Elementary School (elementary), East Lake High School (high), Joseph L. Carwise Middle School (middle) — Pinellas County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the PALM HARBOR 34685 market on paper
$335,000 is 3% below the PALM HARBOR 34685 median of $347,000, and at $232/sqft it sits under the Palm Harbor average of $269.
02Pool views
The pool view is part of what you're buying — views hold value independently of the structure.
03Strong assigned schools
Cypress Woods Elementary School, East Lake High School, Joseph L. Carwise Middle School — Cypress Woods Elementary School rates 5 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of RE/MAX REALTEC GROUP INC · Odette Godin. MLS #TB8524190.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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