Hickory Shores in Gulf Breeze

Hickory Shores

Established 1988 · Intracoastal West · ZIP 32224

An established, waterfront community on East Bay in the Midway area of Gulf Breeze, Santa Rosa County, where the value is the specific home, the lot, and the water access.

Established waterfrontGulf Breeze, Santa Rosa CountyEast Bay access, wooded lots
Live Market Pulse
77/100
Momentum
Seller's Market (limited data)
Tight supply keeps sellers in control, but dated interiors still trade at a discount, so condition is where buyers win.
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Unlock Off-Market Hickory Shores

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Pensacola MLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulsePensacola MLS
$495K
Median Price
3mo
Supply
40days
Avg DOM
Strong
Seller Leverage
$232/sf
Median $/Sqft
-6%
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Hickory Shores reads as an established waterfront community along Hickory Shores Boulevard in the Midway area of Gulf Breeze, ZIP 32563, with frontage and public accesses on East Bay (homes.com; redfin.com, 2026). Third-party sources describe a range from interior wooded lots to waterfront homes and gated mini-estates with East Bay access, in the highly rated Gulf Breeze school zone. The buy is the specific home and lot: confirm the water access and any dock, the home's condition, any HOA, the FEMA flood zone and elevation, and comp it against the closest comparable Gulf Breeze waterfront sale."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Hickory Shores market snapshot (as of June 11, 2026): the median sale price is about $495K ($232 per sq ft), with homes averaging 40 days on market and 3.0 months of supply, a seller's market (limited data). Based on 8 recent closings in live Pensacola MLS data.

Hickory Shores is an established waterfront community along Hickory Shores Boulevard in the Midway area of Gulf Breeze, Santa Rosa County, ZIP 32563, with frontage and public accesses on East Bay (homes.com; redfin.com, 2026).

Third-party sources describe a range from interior wooded lots to waterfront homes and gated mini-estates, so compare strictly by water access, lot, era, and condition rather than a community average (homes.com, 2026).

The strength is East Bay water access in a wooded setting, in the highly rated Gulf Breeze school zone, convenient to U.S. Highway 98, Navarre, and the wider Pensacola area (homes.com, 2026).

It is served by the Santa Rosa County School District; assignments are set by address, so confirm the current zoned schools with the district.

Best for

  • Buyers who want an established waterfront or water-access home on East Bay in Gulf Breeze
  • Boaters and water buyers who value a wooded, lower-density setting
  • Buyers comfortable pricing a home on its water access, lot, era, and condition

Probably not for

  • Buyers who want brand-new construction in a uniform community
  • Buyers who want a low-maintenance condo or an inland tract home
  • Anyone unwilling to inspect the water access, any dock and seawall, and the FEMA flood zone

How Hickory Shores is performing right now

77/100
momentum
Seller's Market (limited data)
Seller's marketBalancedBuyer's market
3Months of supplytight
40Median days on marketdays
3 : 2Under contract vs for salestrong demand
8Sold in last 12 monthsliquidity
+127%Median price since 2012appreciation
+72%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from Pensacola MLS, as of June 11, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Hickory Shores listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in Hickory Shores buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Hickory Shores

Live MLS inventory for Hickory Shores. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Hickory Shores listings as of 2026-06-11, priced high to low. Copyright© 2026 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.. Tap any home to ask about it.

Listing locations from Pensacola MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The takeaway

The location is the everyday-convenience case: shopping, schools, and the major roads are all a manageable drive.

East Bay (water access)on the water · boating
U.S. Highway 98 (Gulf Breeze Parkway)~3 to 8 min · the corridor
Navarre~10 to 18 min · services
Navarre Beach~18 to 28 min · the coast
Pensacola~30 to 45 min · employers
Hurlburt Field / Eglin area~25 to 40 min · military

Distances and drive times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Hickory Shores with Momentum Realty’s local guides.

BarbarosaRanchettesBarbarosaRanchettesGulf Breeze, FL · 0.1 miSea GroveSea GroveGulf Breeze, FL · 0.6 miWater's EdgeWater's EdgeGulf Breeze, FL · 0.6 miSanta Rosa ShoresSanta Rosa ShoresGulf Breeze, FL · 1.4 miSoundside MooringsSoundside MooringsGulf Breeze, FL · 1.4 miThe Reserveat The WatersThe Reserveat The WatersGulf Breeze, FL · 1.4 miWoodlawn BeachWoodlawn BeachGulf Breeze, FL · 1.8 miWaterfordSoundWaterfordSoundGulf Breeze, FL · 1.8 miHeather's PlaceHeather's PlaceGulf Breeze, FL · 2.0 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
Hickory Shores (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Santa Rosa County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

Hickory Shores is served by Santa Rosa County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Buying with schools in mind? We can confirm the exact zoned schools for any Hickory Shores address.

The takeaway

What is actually shaping value in Hickory Shores, sourced and dated. We do not publish rumor.

Recent Developments in Hickory Shores

Our read on what is being built around Hickory Shores, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishAn established East Bay waterfront community that trades on the specific home and its water access, with the bay frontage and a wooded, highly rated school zone setting as durable draws, balanced against waterfront insurance and elevation diligence.

East Bay water access

BullishMajor impact
SignificanceRadius: Hickory Shores

Frontage and public accesses on East Bay, with waterfront homes and water-access lots, are a scarce, durable draw in the Gulf Breeze area (homes.com, 2026).

Waterfront insurance and elevation

NeutralMajor impact
SignificanceRadius: Hickory Shores

On or near the bay, carrying cost turns on the FEMA flood zone, the elevation, and wind and flood insurance for the specific home; pull the elevation certificate and quotes before you write.

Mixed lots priced individually

NeutralNotable impact
SignificanceRadius: Hickory Shores

With interior wooded lots, waterfront homes, and gated mini-estates, value varies widely; price each home on its water access, lot, era, and condition, not a community average (homes.com, 2026).

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Hickory Shores, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

  1. 2026
    Community

    Documented by third-party sources

    Third-party sources describe Hickory Shores as an established Gulf Breeze waterfront community along Hickory Shores Boulevard in the Midway area, with frontage and public accesses on East Bay and a range from wooded lots to waterfront mini-estates. Why it matters: Verify the water access, any dock and seawall, the specific home, any HOA, the flood zone, and the schools before relying on them. Source

  2. 2024
    Taxes

    Santa Rosa County millage and the waterfront parcel

    The Santa Rosa County Property Appraiser publishes parcel values and the taxing authorities set the millage; on a waterfront parcel the tax bill, flood insurance, and any HOA dues together set the carrying cost. Why it matters: Pull the specific parcel record and taxes from the Santa Rosa County Property Appraiser and the FEMA flood determination and elevation certificate before you write. Source

Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Hickory Shores, this is the order of operations we would run, and the one we run for our clients.

1

Confirm the water access and any dock and seawall. Verify the East Bay frontage or access, and the condition of any dock, lift, and seawall, and budget for repairs.

2

Confirm any HOA status and dues. Verify whether a homeowners association applies, the dues, and any water or dock rules before you write.

3

Pull the flood zone and elevation. Confirm the FEMA flood determination, the elevation certificate, and wind and flood insurance quotes.

4

Inspect the home for its era. Confirm the roof, wiring, plumbing, and HVAC and any updates, and budget for them.

5

Comp on water access and condition. Price the home against the closest comparable Hickory Shores or Gulf Breeze waterfront sale of similar access, era, and condition.

Best Buy
An updated home with the East Bay water access you value on a usable lot with a sound seawall and dock, priced to its true access, era, and condition.
Biggest Risk
A failing seawall or dock, an unverified flood or elevation issue, high insurance, or overpaying relative to comparable waterfront sales.
Best Lot
The water access, the lot, and any seawall and dock are the value here; verify all of them.
Smart Timing
A scarce East Bay waterfront location rewards a prepared buyer who has inspected the water structures and confirmed the flood, elevation, and insurance picture.
The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Hickory Shores is an established waterfront community along Hickory Shores Boulevard in the Midway area of Gulf Breeze, Santa Rosa County, ZIP 32563, with frontage and public accesses on East Bay and a range from interior wooded lots to waterfront homes and gated mini-estates, in the highly rated Gulf Breeze school zone (homes.com; redfin.com, 2026). Value is read home-by-home on water access, lot, era, and condition, and the central diligence items are the water access and any dock and seawall, any HOA, the FEMA flood zone and elevation, waterfront insurance, and the Santa Rosa County parcel taxes.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Entry: interior wooded lots and original-condition homes
$300K to $470K

Interior wooded lots and original-condition homes are the value entry here. Confirm any HOA, the systems, the lot, and the flood zone before you write (third-party context, 2026, not MLS).

Lowest entry
Mid: water-access homes
$470K to $885K

Homes with East Bay water access are the core of the community. Price each on its access, era, condition, and lot against the closest comparable sale.

Most inventory
High: waterfront mini-estates
$885K to $1.00M

Gated waterfront mini-estates with prime East Bay frontage sit at the top here. Price each on its own water access, condition, and lot, not a community average.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

$300K to $470K
Entry: interior wooded lots and original-condition homes
Interior wooded lots and original-condition homes are the value entry here. Confirm any HOA, the systems, the lot, and the flood zone before you write (third-party context, 2026, not MLS).
$470K to $885K
Mid: water-access homes
Homes with East Bay water access are the core of the community. Price each on its access, era, condition, and lot against the closest comparable sale.
$885K to $1.00M
High: waterfront mini-estates
Gated waterfront mini-estates with prime East Bay frontage sit at the top here. Price each on its own water access, condition, and lot, not a community average.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

15-Second Take
  • Renovation math decides the deal
  • Better lots and views resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Asking price per square foot
Renovated$456
Original$271
Median days on market
Renovated5
Original14

From current Hickory Shores listings (renovated 1, original 4); condition inferred from listing descriptions, asking not closed figures. The exact number depends on a specific home's updates, lot, and view, which is the read we do before you offer.

Jon Brooks, Momentum Realty
Operator Note

The trap here is a beautifully staged original-condition home. Staging is cheap; a roof, HVAC, and a full modernization are not. We price the real renovation before you fall for the listing photos, because in an all-resale market that number is the difference between a deal and the most expensive house on the street.

Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

No CDD on the tax billStrong
Central Intracoastal West locationStrong
Scarce golf and lake homesitesStrong
$30M club reinvestment to 2028Positive
All-resale 1990s conditionManage it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Hickory Shores

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Underbudgeting the carrying costs
  • Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

Hickory Shores is established East Bay waterfront living in Gulf Breeze. The deal is read home-by-home in the water access, the seawall and dock, the era, the condition, and the flood and insurance picture, not a community average.

Jon Brooks · Founder, Momentum Realty
7.2B+ · Buy Score
Resale Strength7.3/10
Renovation Risk6.0/10
Location Efficiency7.4/10
Long-Term Defensibility7.2/10
Carrying Cost Advantage5.9/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Why our read on Hickory Shores is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Pensacola MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Pensacola MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

Which Lots & Views Hold Value Best

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium
Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Pensacola MLS; for orientation, not an appraisal.

15-Second Take
  • The water access, the lot, and any seawall and dock are the value; verify all of them.
  • Confirm the FEMA flood zone, the elevation, and the waterfront insurance.
  • Comp against the closest comparable Gulf Breeze waterfront sale.

In a waterfront community like Hickory Shores, value is driven by the East Bay water access, the lot, and the condition of any seawall and dock, plus the home's era and the flood, elevation, and insurance picture, not a single average. That means assessing the water access and inspecting the water structures, confirming any HOA and water rules, verifying the FEMA flood zone and the elevation certificate, pricing wind and flood insurance, then comping the home against the closest comparable Gulf Breeze waterfront sale, with the scarce East Bay access in a highly rated school zone as the durable advantage.

Hickory Shores in 15 seconds.

Best forBuyers and boaters who want an established waterfront or water-access home on East Bay in Gulf Breeze.
Strong onScarce East Bay water access in a wooded setting and a highly rated Gulf Breeze school zone.
WatchSeawall and dock condition, the FEMA flood zone and elevation, waterfront insurance, and widely varying lots.
Not forBuyers who want brand-new uniform construction, a low-maintenance condo, or an inland tract home.
The edgeA scarce East Bay waterfront location rewards a prepared buyer who inspects the water structures and prices on true access and condition.

HOA, CDD & Fees

15-Second Take
  • Confirm any HOA and any water or dock rules.
  • Inspect any seawall and dock and verify the FEMA flood zone and elevation.
  • No CDD is expected; confirm per parcel.

Hickory Shores includes a range of lots and homes; confirm whether a homeowners association applies, the dues, and any water or dock rules before you offer. No CDD is expected; confirm per parcel.

Third-party sources describe a wooded, waterfront setting with public accesses on East Bay rather than a resort amenity package. Confirm what any association maintains and any water access in the documents.

The value is the East Bay water access in a wooded Gulf Breeze setting; confirm any association, water access, and dock rules in the community documents.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across our market for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Hickory Shores, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping The Waters, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Hickory Shores home worth?

Get a no-obligation home value based on real comparable sales in Hickory Shores matched to your condition, lot, and view, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See the full Hickory Shores home value & selling guide, recent comps, fees, and 2026 timing →

Real comps, not a Zestimate.

Price History: What Homes Here Have Actually Sold For

Median sale prices in Hickory Shores year by year since 2012, from closed MLS sales. A long track record beats a single estimate, showing what this community has really done through rate cycles rather than what a model predicts.

Hickory Shores Market Scorecard

Seller's market

Hickory Shores is currently a seller's market. About 3.0 months of supply, a median asking price of $1,119,000, and homes go under contract in about 40 days.

3.0
Months supply
$1,119,000
Median list
$495,000
Median sold
$398
Per sqft
40
Days on mkt
2/3/8
Active/Pend/Sold

Typical home value in the 32563 ZIP is $402,402, about 16.7% below the Florida norm (Zillow Home Value Index).

Zoom out for the wider market: ZIP market scorecard · county scorecard.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Hickory Shores?
It is an established waterfront community along Hickory Shores Boulevard in the Midway area of Gulf Breeze, Santa Rosa County, ZIP 32563, on East Bay.
What kind of homes are in Hickory Shores?
Third-party sources describe a range from interior wooded lots to waterfront homes and gated mini-estates (homes.com, 2026). Compare by water access, lot, era, and condition.
What do homes cost in Hickory Shores?
Pricing varies widely by water access, lot, era, and condition (illustrative, not MLS). Confirm current pricing for a specific home.
Is there an HOA?
Confirm whether a homeowners association applies, the dues, and any water or dock rules before you offer; it varies by section.
Is there a CDD?
No CDD is expected here, but confirm per parcel.
Does Hickory Shores have water access?
Third-party sources describe frontage and public accesses on East Bay, with waterfront homes and water-access lots; confirm the access and any dock for the specific property (homes.com, 2026).
What should I inspect on a waterfront home here?
Confirm any seawall, dock, and lift, plus the roof, wiring, plumbing, and HVAC for the home's era; budget for them.
Is Hickory Shores in a flood zone?
Waterfront parcels are commonly in mapped flood zones; confirm the FEMA flood zone, elevation certificate, and insurance for the specific lot before you write.
What schools serve Hickory Shores?
It is served by the Santa Rosa County School District in the highly rated Gulf Breeze area; confirm the current zoned schools by address with the district.
Is there a CDD at Hickory Shores?
No CDD is expected here, but confirm per parcel before you write.
Is Hickory Shores good for investors?
Its waterfront and water-access stock can suit investors, but insurance and maintenance are higher; confirm any HOA and rental rules, the water structures, the flood zone, and price each home on its own merits.
Should I use the listing agent to buy in Hickory Shores?
No. The listing agent works for the seller. On a waterfront home where access, the seawall and dock, flood, and insurance move value, having your own representation, which costs you nothing as the buyer, is the highest-leverage decision you make.
Buyers who want an established waterfront or water-access home on East Bay in Gulf BreezeExcellent fit
Boaters and water buyers who value a wooded, lower-density settingExcellent fit
Buyers comfortable pricing a home on its water access, lot, era, and conditionExcellent fit
Buyers who want brand-new construction in a uniform communityProbably not
Buyers who want a low-maintenance condo or an inland tract homeProbably not
Anyone unwilling to inspect the water access, any dock and seawall, and the FEMA flood zoneProbably not

Get the inside read on Hickory Shores

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Hickory Shores home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

We respond personally, usually the same day.

You are all set.

A Momentum Realty Hickory Shores specialist will reach out personally, usually the same day.

Hickory Shores median home price history from 2012 to 2026 — chart by Momentum Realty
Median sale price in Hickory Shores, Florida by year (2012–2026). Source: Momentum Realty.
Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Source: Listing data provided by the Multiple Listing Service of the Pensacola Association of REALTORS®. Information deemed reliable but not guaranteed.

Zoom out before you decide: see the Pensacola area market guide or every community in the Neighborhood Finder.

More Gulf Breeze & Pensacola, Escambia & Santa Rosa guides

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