Patricias Place
Homes for Sale in Shalimar, FL
All 52 homes for sale in Shalimar, FL · median $489,900 · Okaloosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
Patricias Place is a community in Shalimar, Okaloosa County, FL. Across Shalimar as a whole, 180 homes closed in the last 12 months at a median of $449,250, 32 median days on market, with 55 homes for sale today. At that median and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $5,790 ($5,280 with the full homestead exemption).
In Patricias Place, price is driven by condition and square footage, not by amenities or new construction. With a housing stock spanning 1959 to 2024 and a median build year of 1982, what you pay tracks closely to how much a given home has been updated. Expect a wide spread between original-condition houses and renovated ones sitting on similar lots.
As of the snapshot date, there are zero active listings across 111 homes. That means there is no current inventory to read against — no list prices to anchor to and nothing to tour. For a seller, thin supply is a posture advantage if a home comes to market clean. For a buyer, this is a patience-and-readiness community: you wait for the right listing and move quickly when it appears.
Figures in this note are as of July 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside PATRICIAS PLACE right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Patricias Place is a small, established Shalimar community of 111 homes in Okaloosa County, built out over decades with a median vintage of 1982 and a typical home around 1,871 square feet. Roughly half the homes carry a homestead exemption, pointing to a stable, largely owner-occupied pocket rather than a high-churn one.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Patricias Place is best for.
Best for
- Buyers targeting an established Shalimar location who can stay patient until inventory appears
- Renovation-minded buyers comfortable pricing and underwriting an older home on condition
- Long-hold owner-occupants who value stability over turnover and don't need shared amenities
Probably not for
- Buyers who need to tour and close on a short timeline, given zero active listings
- Amenity-seekers wanting pools, clubhouses, or gated features not present here
- Buyers who want uniform new construction rather than a mixed-vintage housing stock
The market around Patricias Place
Patricias Place is too small for its own price trend, so here is the market around it.
Across Okaloosa County, 1,691 homes are active and 403 pending (19% under contract).
ZIP and county figures describe the wider market, not Patricias Place specifically. Momentum Research analysis of MLS records.
The Patricias Place buying strategy.
If we were buying in Patricias Place today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Patricias Place.
A build-out pocket where condition is the whole story
The year-built range from 1959 to 2024 tells you this is not a single-vintage subdivision. Older homes anchor the median at 1982, but newer builds exist here too, so two houses of similar size can differ sharply in systems, layout, and finish. That variability is the main thing to underwrite — inspect carefully and price on condition, not on the median alone.
A median living area near 1,871 square feet points to right-sized, single-family layouts rather than large or minimal footprints. With no community amenities identified in current MLS data, the value case rests on the home itself and on the Shalimar location, not on shared facilities. A homestead share just above half suggests an owner-occupied core that tends to hold homes off the market for longer stretches.
The location and the amenities are priced into every listing in Patricias Place. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
With no active listings, this is a community you win by being ready before inventory shows up. We track Patricias Place at the parcel level, flag the moment something lists, and help you underwrite condition against a housing stock that ranges from 1959 to 2024 — so you are not overpaying for a home that still needs work, or walking away from a renovated one that is priced right.
Patricias Place in 15 seconds.
Tools for a Patricias Place buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Patricias Place sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Patricias Place, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Patricias Place home worth?
Get a no-obligation home value based on real comparable sales in Patricias Place, 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 all homes for sale in Shalimar →
Should you buy in Patricias Place?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Emerald Coast MLS, refreshed twice daily (last: November 11, 2026) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-11-09 |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Emerald Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Recent Developments in Patricias Place
Development, infrastructure, retail, and school activity affecting Patricias Place, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- October 2026Infrastructure
Okaloosa County stabilizes 180 miles of dirt roads in north county
Okaloosa County has stabilized 180 miles of dirt roads using the voter-approved infrastructure surtax, more than triple the original goal of 50 miles in five years. The roads received a limerock base topped with chip-seal or hot-mix, and the county says only a handful of roads remain. The work is in north Okaloosa County.
What it may mean for the marketPaved rural roads in north Okaloosa could improve year-round access and reduce road maintenance costs for areas near Crestview. The site is about 9 miles north of Patricias Place.
Source: Get The Coast - October 2026Parks & Amenities
Okaloosa and Cinco Bayou open upgraded boat ramp with new trailer parking
Okaloosa County and the Town of Cinco Bayou held a ribbon cutting for upgraded boat ramp facilities, including 16 new boat trailer parking spaces, a new restroom and landscaping. The $4.1 million total, funded largely by tourism development funds, also covers the $2.95 million purchase of a former bank building at 198 Eglin Parkway NE. Future dock improvements are planned.
What it may mean for the marketAdded trailer parking and ramp access improve waterfront recreation access for Fort Walton Beach area boaters. The project is about 16 miles south of Patricias Place, elsewhere in Okaloosa County.
Source: Get The Coast - September 2026Civic
Okaloosa commissioners reject 12-month data center moratorium 3-2
Okaloosa County commissioners voted 3-2 on September 15 against a 12-month data center moratorium. On September 3 the board unanimously directed staff to develop a regulatory framework for data centers, with an outline due within 60 days. No specific project or site was proposed, and commissioners discussed protecting the Shoal River Industrial Park.
What it may mean for the marketThe pending rules will shape where large power-and-land-intensive facilities can locate in the county, including industrial land near Crestview. The site is about 6 miles northwest of Patricias Place.
Source: Get The Coast - June 2026Civic
DeSantis signs state budget with funding for Okaloosa County projects
Governor DeSantis signed the state budget that included roughly $15 million for 20 Okaloosa County projects, among them $5 million for the Northwest Florida State College Workforce Innovation Center in Niceville, $1.5 million for Shalimar Bridge Park, and $3 million for Destin road and drainage work. About $7.26 million in other local requests were vetoed.
What it may mean for the marketDirects state funding toward workforce, park, road, and drainage infrastructure across Okaloosa County, supporting public facilities and capacity in Niceville, Shalimar, and Destin. The site is about 10 miles south of Patricias Place.
Source: Get The Coast - May 2026Development
Okaloosa commissioners approve master plan for 392-lot River Park subdivision in Crestview
Okaloosa County commissioners unanimously approved the master plan for River Park, a 392 lot single family subdivision on 263 acres east of Main Drive and north of Airport Road in Crestview. The project by River Park Landing LLC will be built in three phases, with each phase requiring a separate development order approval.
What it may mean for the marketAdds substantial single family housing supply to the Crestview market and phases new residential construction onto a large tract in north Okaloosa County. The project is about 8 miles north of Patricias Place, elsewhere in Okaloosa County.
Source: Get The Coast - May 2026Infrastructure
Okaloosa County opens $212M Southwest Crestview Bypass
Okaloosa County opened the $212 million Southwest Crestview Bypass, a 3.5 mile four lane corridor connecting Antioch Road to State Road 85 with access from U.S. Highway 90. The project includes a 1,713 foot bridge, sidewalks, a multi use path, and direct access to the new Pineview K-8 school opening in August 2026.
What it may mean for the marketAdds a major four lane traffic corridor serving southwest Crestview and expands regional road capacity for surrounding growth in north Okaloosa County. The project is about 5 miles northwest of Patricias Place, elsewhere in Okaloosa County.
Source: Get The Coast
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.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. A Momentum agent can price yours against live local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how PATRICIAS PLACE fits the bigger picture — live prices, inventory, and Momentum Scores: