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About this home
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 $325,000 (about $225/sqft), 92 days on market. Flood zone Aexemp - confirm flood insurance requirements with your lender. HOA runs $460 monthly.
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
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The essentials
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
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Sample: 23 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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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.
Quick answers.
Price
$325,000
$225 per sq ft
Beds and baths
2 beds, 2 baths
Size
1,445 sq ft
Time on market
92 days
Year built
1988
Monthly payment
About $2,556/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,857 annual tax bill, insurance, and the $460/mo HOA fee.
HOA fee
$460/mo
Managed by Melrose Management.
Flood zone
Zone AEXEMP
That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.
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