ActiveSingle Family ResidenceSeller has an assumable conventional loan at 4.99%!
$275,000
2-Bedroom Home in Shadow Lakes
5581 Shadow Shore Pl, Gulf Breeze, FL 32563
Single Family Residence in Shadow Lakes, Gulf Breeze · No CDD
Shadow Lakes · Gulf Breeze, FL 32563 · Santa Rosa
Listing data updated September 19, 2026 · refreshed twice daily
2Bedrooms
2Bathrooms
1,160Sq Ft
2004Year Built
$237Per Sq Ft
1-car garageNo CDD
Momentum Research: independent market analysis, flood data, insurance estimates, buyer leverage, and objective property scoring, alongside the MLS listing. Not just the listing sheet.
8% above
$/sq ft vs community
$237 here vs $220 median sold (12 mo)
Buyer leverage
Strong seller market
under 1-month supply
Under 1 month
Supply around this home
Seller <3 · balanced 3-6 · buyer >6
$1k–$2k/yr
Est. insurance · illustrative
Not a carrier quote; premiums vary widely by property. Get a real quote.
As of September 19, 2026, 5581 Shadow Shore Pl in Shadow Lakes, Gulf Breeze is listed at $275,000 (1,160 sq ft, about $237 per sq ft). That sits within a few percent of Shadow Lakes's median closed sale of $295,000 over the last 12 months (22 recorded sales). It came to market within the past week. Listing facts: built in 2004, HOA dues of $31/mo. Figures are from the MLS record and county data; deemed reliable but not guaranteed.
No CDD assessment on record
Built 2004 · 22 yrs
1,160 sq ft of living area
1-car garage
Listed at $275,000 — recent neighborhood median sale price ~$295,000 (nearby sales; deemed reliable, not an appraisal)
Active listing
HOA $31/mo (per listing)
Momentum Research · Shadow Lakes
Pricing & the Shadow Lakes market
How this home is priced against recent nearby sales, and where Shadow Lakes has been over 25 years. Momentum Research analysis of Pensacola MLS records; closed sales, deemed reliable but not guaranteed. Estimates only; see data notes.
This home’s $/sq ft vs. nearby sales
List $/sq ft against recent nearby closed sales; the community median is marked.
Price vs. size in Shadow Lakes
Each dot is a closed sale since 2005 (362 total). This home is the gold marker.
Sale price (y) by living area in sq ft (x). Pensacola MLS closed sales.
Median $/sq ft by year
Community sold $/sq ft, 2018–2026. This home lists at $237/sq ft.
Median sale price by year
12-month median closed price, 2012–2026.
Market Heat by year (0–100)
Momentum Market Heat, 2013–2026. Now 23 (cold).
Property timeline
This home’s history
2004BuiltPer public record
Sep 17, 2026First trackedObserved at $275,000
NowActiveCurrently for sale
Build year is from public record. Listing milestones reflect movewithmomentum.com’s own observations since we began tracking this listing and are not the MLS listing history; dates and prices are deemed reliable but not guaranteed.
Financing
Estimated monthly payment
$1,842/mo
Principal & interest $1,456/mo79%
Taxes $241/mo13%
Insurance $114/mo6%
HOA $31/mo2%
$1,842/mo at 20% down, 30-yr @ 6.95% · edit any field to update.
Estimated from today’s asking price and current Santa Rosa County tax rates.
⚠️
Many first-time Florida buyers are surprised when property taxes jump after closing. This estimate helps you budget before you make an offer.
Current owner pays $1,950/yr ($162/mo)
+$925 more each year
(+47%)
Most of this comes from Florida’s Save Our Homes assessment cap resetting when the home sells — the current owner’s protected assessment doesn’t transfer to a new buyer.
🛡️
Current ownerProtected by Save Our Homes
🔄
Home sellsResets the January after
🧾
Buyer paysBased on purchase price
$55,115
Save Our Homes benefit
The current owner’s protected taxable value sits this much below market — which is why today’s bill is lower than a new buyer’s.
Sources: Florida DOR certified tax roll (2025), Pensacola MLS. County public record, not MLS data — matched to this home by parcel ID. Estimates are not a tax bill.
Momentum Scores
Momentum Property Score
56/100
Strongest on: Market liquidity (86), Market timing (77)
0 limited50100 exceptional
56/100 is solid, mid-pack across the objective indicators below. It reflects only those measures — not the home’s quality, condition, or desirability.
A 0-100 score built from objective property and market data: flood risk, insurance, pricing, supply, affordability, and recent sales. Higher means more measures line up in a buyer’s favor. It reflects only the factors below.
Price vs area31
This home $237/sq ft vs the community 12-month median $220/sq ft.
Affordability61
List price $275,000 vs the community median $295,000. Not a measure of personal affordability.
Market liquidity86
Community median 28 days on market, ~0.5 months of supply (12-month record).
Renovation upside24
From a 2004 build and $237/sq ft vs the community median $220/sq ft. Not a condition assessment.
Pricing power59
Recent sales closed at about 96.3% of original asking (~3.7% below). More room below asking generally favors buyers.
Market timing77
Momentum Market Heat is 23/100 (cold). Cooler readings generally favor buyers; hotter readings favor sellers.
Momentum Scores are objective, rules-based indicators computed from listing facts, public records, and recent nearby sales. They are not appraisals, valuations, investment advice, or judgments about a neighborhood or who should live there. Verify independently.
Momentum Research
The Momentum read
🟡 Asking $237 per square foot, about 8% above the community’s $220 median. Shadow Lakes’s 12-month median sold price per square foot is $220. Median sold price per square foot is up 3.2% year over year. Confidence: High · 22 closed sales in 12 monthsMLS facts: Pensacola MLS closed sales. A per-square-foot gap is context, not an appraisal; condition, lot, and view set the final number here.
73% of homes in Shadow Lakes are owner-occupied. An estimated 27% are non-owner-occupied, including 2% held in a company or trust and 12% out-of-state owners.Why it matters: a high owner-occupied share typically means fewer rentals nearby and steadier resale demand.Source: Florida Department of Revenue 2025 assessment roll (public records), 97 homes matched. Community-level context.
Recent Shadow Lakes sales closed near 96.3% of original asking.Why it matters: the community’s own record shows how far opening prices typically move, and how often buyers compete without financing.Momentum Research analysis of Pensacola MLS records, community-level, 12 months ending September 12, 2026. Aggregates only; deemed reliable but not guaranteed.
What’s unique here: one of only 1 active listings in Shadow Lakes, no CDD assessment.
Updated September 19, 2026 · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
Listing description
About this home
Welcome to this newly refreshed 2-bedroom, 2-bathroom home located in the charming neighborhood of Gulf Breeze. This residence boasts a well-thought-out split floor plan, providing optimal space and privacy. As you enter, you will be greeted by fresh paint throughout, complemented by durable LVP flooring that extends seamlessly across the living areas.
The kitchen features a functional layout with ample cabinetry and modern stainless-steel appliances, making it ideal for both daily living and entertaining. A convenient pass-through to the dining area ensures an open flow, which enhances the overall ambiance. The living room showcases elegant trey ceilings, adding a touch of sophistication and height to the space.
The primary bedroom is a true retreat, featuring its own en-suite bathroom with a garden tub and a spacious walk-in closet, ensuring plenty of room for storage. The additional bedroom is also generously sized and is located adjacent to the second bathroom, perfect for guests or family. Step outside to discover a fenced-in backyard that offers a sense of privacy and security.
The covered patio provides an excellent space for outdoor gatherings or quiet evenings under the stars. Recent updates, including new impact resistant doors & windows(2023) new roof (2020) and modern HVAC (2024) and water heater (2021), contribute to an efficient home environment. An attached one-car garage adds convenience and additional storage options.
This property combines comfort, functionality, and modern upgrades in a highly desirable location. Whether you are looking for a place to settle down or an opportunity to make a house your home, this home is worth exploring.
All 28 photos
Description provided by KELLER WILLIAMS REALTY GULF COAST and reproduced from the MLS; not independently verified.
Property facts & sources
Every fact, sourced
Listing data, public records, our calculations, and what to verify — each fact shown once. Estimates and calculations shown are for general information only, are not appraisals or advice, and should be independently verified.
Listing facts MLS
List price$275,000
Bed / bath2 / 2
Living area1,160 sq ft
Year built2004
Property typeSingle Family Residence
Garage1-car
MLS #688503
Listing statusActive
Public records & third-party data
FEMA flood zoneNot verified — check msc.fema.gov
Windstorm exposureLow
CountySanta Rosa
Area listings1 active · 0 under contract
Estimated first-year tax~$2,888/yr
CDD assessmentNone on record
HOA (per listing)$31/mo
Calculated estimates
Price per sq ft$237
Estimated monthly payment$1,842
Insurance (illustrative)$1k–$2k/yr
Messtimate range$256,360 – $287,680
Comparable-sales median$295,000
Buyer should verify Buyer verify
Exact HOA dues, fees, and restrictionsRoof age and conditionHVAC age and conditionA property-specific insurance quoteSurvey and lot boundariesPermit historyFlood-insurance requirementsSchool zoning (confirm with the district)Property taxes after sale (homestead reset)CDD / community assessmentsSquare footage and room dimensions
This is a deliberately dumb estimate — living area times a range of recent neighborhood $/sq ft, and nothing else. It is not an appraisal, not market value, and not a valuation of this home. Even a tight range from comparable sales can’t price a specific home — here’s why.
$256,360the mess$287,680
Actual list price: $275,000 — compare it against the range above. The Messtimate is a blind sqft estimate; the list price reflects this specific home.
A 12% spread on the same house — and that gap is exactly what an automated guess can't see:
Condition & updates — a renovated kitchen or new roof vs. dated finishes can swing value six figures; sq ft can't see it.
The lot & views — a premium golf, water, or preserve lot vs. a road-facing one: same sq ft, very different price.
Outliers skew it — the band above comes from 6 nearby sales; one flip or distressed sale moves the whole $/sq ft.
Carrying costs & concessions — this home carries HOA dues of $31/mo; with insurance and any seller-paid buydown, that changes what a buyer actually pays, and a sq ft estimate ignores all of it.
And here's what the live market is doing — which the number above ignores entirely:
2 active listings competing
≈0.5 months of supply
22 closed here in the last 12 months
For reference, this home is listed at $275,000 ($237/sq ft) — a number set with analysis a Messtimate can't do.
Want a property-specific review from a licensed agent? A Momentum Realty agent will do a real, free comparative market analysis — walking the home, the lot, the condition, and the live market. That's the difference between a Messtimate and a valuation.
Methodology: 1,160 sq ft × $221–$248/sq ft from recent nearby closed sales (public records). Estimate for general information only; not an appraisal, valuation, or offer. Updated September 19, 2026.
Keep looking
Similar homes for sale near Shadow Lakes
Active listings nearby at a comparable size and price. Listings held by brokerages other than Momentum Realty are marked with the listing broker. Deemed reliable but not guaranteed.
1729 Waterford Sound Blvd, Gulf Breeze · $488,000 · 5 bd / 2.5 ba · listed September 16, 2026 (courtesy of ERA American Real Estate)
4473 Madura Rd, Gulf Breeze · $775,000 · 4 bd / 3.5 ba · listed September 16, 2026 (courtesy of Emerald Coast Realty Pros)
1253 Autumn Breeze Cir, Gulf Breeze · $729,900 · 3 bd / 3.0 ba · listed September 15, 2026 (courtesy of Levin Rinke Realty)
1370 Bayshore Ct, Gulf Breeze · $350,000 · 3 bd / 2.0 ba · listed September 15, 2026 (courtesy of ROB BROOKS REALTY)
616 Bay Cliffs Rd, Gulf Breeze · $2,799,999 · 3 bd / 4.5 ba · listed September 15, 2026 (courtesy of Levin Rinke Realty)
1962 Pentagon St, Gulf Breeze · $349,000 · 3 bd / 2.0 ba · listed September 14, 2026 (courtesy of Realty One Group Emerald Coast)
Transparency
Price & listing history
Listed for $275,000Momentum Realty · on market 0 days
Public records
Building permits
Permit history not yet linkedConfirm permit history with the county building department.
Estimated ownership costs
Estimated costs & disclosures
Estimated ownership costs for general information. Confirm each with the county, your lender, and an insurer. See data & estimate notes.
Property tax (first-year est.)
~$2,888/yr
A rough first-year estimate only, applying a typical Santa Rosa rate to the list price before any exemptions. Florida bills vary substantially after reassessment, homestead and other exemptions, and local taxing districts — this is not your expected bill. Confirm with the county property appraiser.
CDD assessment
None
No CDD assessment on record for this community.
Insurance (illustrative range)
$1k–$2k/yr
An illustrative modeled range, not based on carrier underwriting and not a quote. Florida premiums vary significantly by roof age, wind-mitigation features, claims history, and carrier — a real quote can land well outside this range. Flood zone not verified for this address — check msc.fema.gov and confirm coverage. Get a quote from a licensed insurer before relying on any figure.
HOA
$31/mo
Covers the master association & common areas. Confirm exact dues and what they include.
Environmental data
Flood zone & elevation
Sourced environmental data for the parcel. Confirm with FEMA and your insurer.
FEMA flood zone
Not verified
Not yet verified for this address. Look up the parcel at msc.fema.gov before relying on any flood assumption.
Ground elevation
Not on record
Approximate parcel elevation from USGS; confirm exact elevation with a survey.
Windstorm / insurance
Obtain a quote
This is a coastal Florida county. Premiums and coverage vary by home; obtain a quote from a licensed insurer.
Connectivity
Internet & broadband
Fiber
Check availability
AT&T Fiber covers much of NE Florida; confirm availability at the address.
Cable
Likely
Xfinity/Spectrum cable broadband is widely available.
5G Home
Backup
T-Mobile / Verizon fixed-wireless as a backup option.
Seen enough photos?
Want to see 5581 Shadow Shore Pl?
Tell us when works for you and a local agent will reach out to arrange a showing and answer your questions about this home.
Listed by KELLER WILLIAMS REALTY GULF COAST · MLS # 688503
Request a showing
Market data · public records
Recent sales activity in Shadow Lakes
Recent comparable closed sales near this home, from public records. Summary figures are for general reference only and are not a valuation of this property. See the Shadow Lakes neighborhood guide for more.
Comparable sales found
6
Recent nearby closings in the data set.
Community median sale price
$295,000
Canonical 12-month median closed price. Reference only.
Community median $/sq ft
$220
Canonical 12-month median $/sq ft. Reference only.
Go deeper on Shadow Lakes
See schools, amenities, builders, HOA/CDD detail, and every active & sold home in the community — the single biggest advantage of buying here over a portal.
Recent local developments near this home, compiled from news and public sources. Provided for general information; verify details with the original source.
Jul 2026 · Development
Goldring Gulf Distributing plans expansion at Milton facility
Goldring Gulf Distributing filed plans to add 76,400 square feet to its existing 192,000 square foot beverage distribution facility in the Santa Rosa County Industrial Park in East Milton. The expansion would grow the company's footprint in Northwest Florida.
Why it matters: Enlarges an established industrial and distribution operation within the Santa Rosa County Industrial Park and expands the county's industrial base. The project is about 21 miles northeast of Shadow Lakes, elsewhere in Santa Rosa County.
Innisfree breaks ground on $100M Hampton Inn & Suites on Pensacola Beach
Innisfree Hotels broke ground on a $100 million, 215 room Hampton Inn and Suites at 20 Via De Luna Drive on Pensacola Beach, the former Clarion Hotel site. The 185,000 square foot project includes a pool with a lazy river and a two story restaurant and bar, with completion expected in early 2028.
Why it matters: Completes hotel buildout on Pensacola Beach and adds lodging capacity and a waterfront dining venue to the barrier island market. The site is about 2 miles south of Shadow Lakes.
Circle K convenience store planned for Navarre Parkway
Plans for a Circle K convenience store with a gas canopy were submitted to Santa Rosa County in May 2026 for a site at 8510 Navarre Parkway. The proposal is under review by county development services.
Why it matters: Adds a fuel and convenience retail option along the Navarre Parkway commercial corridor and expands roadside services in the local market. The project is about 15 miles east of Shadow Lakes, elsewhere in Santa Rosa County.
Schools currently assigned to this address in Santa Rosa County, provided as neutral factual data. Assignments can change — confirm current zoning with the school district. This is not a statement about the home's suitability for any person or family.
GRADEA
West NavarreAssigned elementary school · Santa Rosa County School District · Grade A (Florida DOE 2025-26)
GRADEA
WOODLAWN BEACHAssigned middle school · Santa Rosa County School District · Grade A (Florida DOE 2025-26)
Soundside High SchoolAssigned high school · Santa Rosa County School District
Assigned schools per the MLS listing — assignments can change; confirm current zoning with the district. Browse school-zone pages →
How it stacks up
Comparable recent sales
Recent closed sales nearby, with photos, so you can compare. Sold prices are public record, deemed reliable but not guaranteed.
Sold Aug 2026
$260,000
5414 Fawn Ridge Dr, Gulf Breeze
2 / 2 bd/ba · 1,138 sq ft · $228/sq ft
Courtesy of KELLER WILLIAMS REALTY EMERALD COAST WEST BRANCH · View details →
Sold Aug 2026
$315,000
5574 Millbend Pl, Gulf Breeze
3 / 2 bd/ba · 1,200 sq ft · $262/sq ft
Courtesy of BHHS Beach Properties of Florida · View details →
Sold Jul 2026
$265,000
5527 Sea Spray Ct, Gulf Breeze
3 / 2 bd/ba · 1,200 sq ft · $221/sq ft
Courtesy of Better Homes And Gardens Real Estate Main Street Properties · View details →
Sold May 2026
$260,000
5574 Huntleigh Pl, Gulf Breeze
3 / 2 bd/ba · 1,257 sq ft · $207/sq ft
Courtesy of ISLAND VIEW REALTY · View details →
Sold May 2026
$280,000
5566 Meadow Creek Pl, Gulf Breeze
3 / 2 bd/ba · 1,257 sq ft · $223/sq ft
Courtesy of Levin Rinke Realty · View details →
Sold Jul 2026
$263,000
5394 Fawn Ridge Dr, Gulf Breeze
2 / 2 bd/ba · 1,061 sq ft · $248/sq ft
Courtesy of KELLER WILLIAMS REALTY GULF COAST · View details →
Community 12-month median: $220/sq ft. Shown for general reference only — this is not an appraisal or a statement of this home's value. Sold prices are public record and deemed reliable but not guaranteed.
If you rent it out
Investment snapshot
Objective rental and cash-flow estimates for a buyer weighing this as an investment. Rough figures for general information only — not a guarantee of rent, an appraisal, or investment advice. Verify independently.
Estimated rent$1,260 – $1,833/moa rough gross-rent-yield range on list price (comp-based estimate coming).
Estimated cap rate4.4%Net operating income ÷ list price; excludes financing.
Est. monthly cash flow−$617 – −$102At 25% down, 30-yr; after a 10% vacancy/maintenance/management reserve.
Before you decide
Buyer research checklist
Items worth confirming for 5581 Shadow Shore Pl, chosen from what the record shows. This is general guidance, not advice about this specific property.
Built in 2004 (22 years): ask for the roof and HVAC replacement dates — insurers commonly ask for roof age on homes this old, and it changes the premium.
HOA dues are listed at $31/mo: request the current budget, reserves, and rules before relying on that figure or on any restriction.
Look up the parcel on FEMA's Flood Map Service Center and confirm with your insurer whether flood insurance is required.
Get a homeowners insurance quote for this specific address in Santa Rosa County; a wind-mitigation inspection and, on older homes, a four-point inspection can change the premium.
Listed living area is 1,160 sq ft: verify it against the property appraiser's record and measure before relying on it.
Order a survey to confirm lot boundaries and easements.
Review permit history with the county.
Property taxes: the estimate on this page (about $2,888/yr) assumes reassessment at the list price; the seller's homestead cap does not transfer, so their current bill is not a guide.
School zoning shown here comes from district data and changes; confirm the assigned schools directly with the district before relying on them.
Nearby & commute
Approximate distances
Approximate drive times for general reference only.
Pensacola MLS, refreshed twice daily (last: September 19, 2026)
Community market stats
Pensacola MLS closed sales, as of September 12, 2026
Flood zone & elevation
Not verified for this address — look it up at msc.fema.gov
Taxes & monthly cost
Estimated from county rates; not a quote
Insurance figure
Modeled estimate; obtain a real quote before offering
Schools
2025-26 district assignments; verify with the district
Momentum Research lines are our own analysis of Pensacola MLS records; MLS data is deemed reliable but not guaranteed. Estimates are informational, not appraisals or advice. Methodology: how Momentum scores are computed.
Answered before you ask
Frequently asked questions
How big is 5581 Shadow Shore Pl and when was it built?
Per the listing record, 5581 Shadow Shore Pl was built in 2004 and has 1,160 sq ft of living area, 2 bedrooms and 2.0 bathrooms. Living area and lot size come from the MLS record and should be verified against the county property appraiser.
What community is 5581 Shadow Shore Pl in?
5581 Shadow Shore Pl is in Shadow Lakes in Gulf Breeze, Santa Rosa County. The community section on this page shows recent closed sales, days on market, and active inventory for Shadow Lakes from the same MLS data.
Does 5581 Shadow Shore Pl have an HOA, and how much are the dues?
The listing reports HOA dues of $31 per month. Dues, what they cover, and the community's rules should be confirmed from the association's current documents before relying on them.
Why might property taxes on 5581 Shadow Shore Pl differ from the current owner's?
The estimate on this page (about $2,888 per year) assumes reassessment at the list price. Florida's Save Our Homes rule caps annual assessment increases for homesteaded owners, and the assessment resets after a sale, so a new owner's bill may differ from the seller's. Any tax figure shown here is an estimate, not the actual bill — confirm with the county property appraiser and tax collector.
Is 5581 Shadow Shore Pl in a flood zone?
A flood designation has not been verified for this address. Look up the parcel on FEMA's Flood Map Service Center (msc.fema.gov) and confirm with your insurer.
Can I rely on the figures on this page?
No. Estimated taxes, insurance, payments, and any market or comparable-sales summary are opinions and estimates for general information only and should not be relied upon. Verify all information independently before making any decision.
Ready when you are
See 5581 Shadow Shore Pl in person
Private tours available 7 days a week, in person or by live video walkthrough. Request a tour or send a question and a licensed Momentum Realty agent will follow up.
Opinion & estimate — do not rely on this page. Any figure on this page that is not a verbatim fact from the listing or a public record — including estimated property taxes, insurance, CDD/HOA amounts, mortgage payments, comparable-sales summaries, and market statistics — is an opinion and estimate provided for general informational purposes only. These figures may be inaccurate or out of date, are not appraisals, valuations, or financial, legal, tax, or investment advice, and should not be relied upon. Do not make any purchase, offer, financing, or other decision based on this page. Independently verify everything — price, square footage, lot size, year built, taxes, CDD/HOA, flood status, school assignments, permits, and community rules — with the listing broker, the county, your lender, a licensed inspector, an insurer, and your own advisors before acting.
Estimate methodology. Tax estimates apply a typical county millage rate to the list price and will differ from the actual assessed bill. Cost and market figures are derived from available data and simple calculations, not a professional appraisal. We make no representation that any estimate reflects fair market value.
Equal Housing Opportunity. Content on this page is compiled from public records, MLS data, and automated sources and may contain errors or be out of date. It is general information only, not a representation about any specific property, community, builder, or association. Verify information independently before relying on it. Momentum Realty supports the Fair Housing Act and does not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity. Information about schools, distances, and amenities is provided as neutral factual data to help you research the property and is not a statement about who should or should not live here or the suitability of the home or neighborhood for any person or group. School data may change — confirm current assignments with the school district.
Found an error? If you are the owner, listing agent, or a party to this property and believe any information is inaccurate, email and we will review and correct or remove it promptly.
Automated content. Some summaries, distances, and estimates on this page are generated automatically from public and proprietary data sources and may contain errors or omissions. We strive for accuracy but cannot guarantee the completeness or accuracy of any information. Verify anything important independently.
No warranty; measurements & photos. No guarantee, warranty, or representation of any kind is made regarding the completeness or accuracy of any information, descriptions, or measurements on this page — including square-footage measurements and property condition — all of which should be independently verified through appropriate means, including in-person inspection and public records. Photographs may be virtually staged or digitally enhanced and may not reflect actual property conditions. Momentum Realty and its agents expressly disclaim any liability in connection with the information provided.
Sold price and details are from public records and the MLS, deemed reliable but not guaranteed. Shown for comparison only — not an appraisal or a statement of this home's value.
