5481 SALEM SQUARE DRIVE N, PALM HARBOR, FL, 34685
Active5 days on marketListed Sep 16, 2026MLS #A4706328
About this home
5481 SALEM SQUARE DRIVE N
Step into your personal paradise where this end unit Villa offers a water view as well as privacy, comfort & style. A 2 Bedroom [plus a flex 3rd room for office, BR, or your choice], 2 Bath, 2 car garage home that has had extensive remodeling since 2017 including HVAC system [2025]; PGT premium hurricane-rated windows for most building exterior windows [2018]; wood-look tile floors throughout; custom window treatments [some with black-out feature]; custom open Kitchen with 42" cabinets, glass backsplash, soft-close drawers, granite countertops, deep granite sink, island with storage, pull-out corner cabinet, cooktop with hood, under-cabinet lighting, plus more to see. All appliances to remain. Also: Home has soaring ceilings in most rooms; Primary BR has extra built-in closet in addition to a WIC with custom door and slider to lanai; both Baths have custom cabinets & quartz countertops; primary Bath completely remodeled with tiled floor, enclosed lavatory, cabinets with double sinks & decor lighting, French drain in shower; most Villa doors redone including front door and 2 screen doors; inside laundry room with sink; garage has built-in cabinets, epoxy floor, fan, extra lighting, water softener, insulated door; Lanai is enclosed with roof, 2 skylights, newer windows with 4 screens in center, wood-look tile floor continuing from inside, 2 lighted fans. Builder feature to enjoy morning beverage to read ortake in some fresh air: Atrium with Simonton Impact Glass Sliding Door [2018], epoxy floor, screened ceiling. So much updating has been done for this bright, immaculately maintained Villa that even includes custom lights, lighted ceiling fans, light switches and outlets. Enclosed 'Front' Porch enters at side of Villa. Salem Square has it's own pool and is in a gated section of Ridgemoor where you may take advantage of the gorgeous views of nature as you have your morning walks or make use of the playground and tennis courts.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,659
Sqft
0.18 ac
Lot size
2
Garage
1989
Year built
One
Levels
$263
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.
$3,572 /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
$3,572/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
+20.5%
$/sqft vs Palm Harbor actives
$263 vs $256
Days on market
5 vs 52 typical
Where $263/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
$420K → $445K
Palm Harbor median sold, yr/yr
96.4%
Sale-to-list ratio (12 mo)
232 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 34% above the PALM HARBOR 34685 median. See the full Palm Harbor market guide →
Paper trail
This home's history
Reality check
What actually sold near 5481 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 · Sep ’26$385,000
3867 DARSTON STREET · same community
2 bd · 2 ba · 1,659 sqft · $232/sqft · 91 DOM
Sold · Jun ’26$366,500
4032 SALEM SQUARE COURT · same community
2 bd · 2 ba · 1,659 sqft · $221/sqft · 333 DOM
Sold · Jun ’26$345,000
5511 SALEM SQUARE DRIVE N · same community
3 bd · 2 ba · 1,659 sqft · $208/sqft · 283 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
Colleen Brown
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 5481 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 5481 SALEM SQUARE DRIVE N — before you fall in love.
See it in person
Schedule a tour
Live availability from Colleen's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
5481 SALEM SQUARE DRIVE N FAQs
What would the monthly payment be for 5481 SALEM SQUARE DRIVE N?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,572/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 5481 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 5481 SALEM SQUARE DRIVE N?+
The most recent tax bill on record (2025) was $2,322. 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 5481 SALEM SQUARE DRIVE N?+
The listing reports pets: Yes. 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 $435,800, this home is listed about 15% above the Palm Harbor median of $377,495. The market section on this page shows how the area is trending.
Which schools are assigned to 5481 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
Four things that matter here
01Positioned at the premium end
$435,800 runs 34% above the PALM HARBOR 34685 median.
02Water views
The water view is part of what you're buying — views hold value independently of the structure.
03Fresh on the market
Only 5 days on market in a Palm Harbor market that averages 52 — if it fits, move quickly.
04Strong 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 GALLERY PROPERTIES INTERNATIONAL · Jill Melkonian. MLS #A4706328.
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.
Never miss a listing
New Palm Harbor homes, in your inbox
Like 5481 SALEM SQUARE DRIVE N but not quite? A daily digest of every new listing in Palm Harbor — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Colleen to ping you on any price or status change →