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Sold for $500,000
  • $500,000

    5557 Bay Meadows Dr, Milton, FL 32583

    4beds
    2,192sqft
    Single Family Residence
    Built in 1996
    2.07 Acres Lot
    $500,100 Zestimate®
    $228/sqft
    $2,345 Estimated rent

    Home value

    $500,100

    $475,000 - $525,000

    $2,345/mo

    Zestimate® history
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    What's special

    Large family roomSide-entry garageBeautiful wood-burning fireplaceGrand entranceFormal dining areaSprinkler system
    2 ACRES!! Great price and opportunity to own a beautiful one-story 4 bed 2 bath home with a split floor plan sitting on over 2 acres of land. This lot provides ample space for storing your boat and RV. The rear of the 2-acre property connects to Garcon Shores Drive, potentially offering an opportunity to build another home. There is also room for accessory buildings. This beautiful home features a roof replaced in 2020, a side-entry garage, an alarm system, and a sprinkler system. The septic system has been recently inspected and pumped. The home is located in a subdivision with a long entrance, creating a private community feel, nestled among million-dollar waterfront homes. Enter this wonderful floor plan through a grand entrance with a formal dining area on your right. The home includes a large family room with a beautiful wood-burning fireplace, perfect for chilly evenings, and a spacious kitchen ideal for entertaining or gatherings. The large owner's bedroom is situated off the kitchen, while the other rooms are located down a hall off the living room on the opposite side of the home. Located less than 5 min to 1-10 and less than 30 minutes to Pensacola's award winning downtown! Make your appointment to view this home today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Rachael Whibbs 850-380-3665,

    Levin Rinke Realty

    Bought with:

    Alyssa Farrell

    LPT Realty

    Source: PAR,MLS#: 673176MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: First
    • Area: 210
    • Dimensions: 14 x 15
    Bedroom
    • Level: First
    • Area: 132
    • Dimensions: 12 x 11
    Bedroom 1
    • Level: First
    • Area: 120
    • Dimensions: 10 x 12
    Bedroom 2
    • Level: First
    • Area: 140
    • Dimensions: 14 x 10
    Living room
    • Level: First
    • Area: 343.98
    • Dimensions: 19.11 x 18
    Heating
    • Central, Fireplace(s)
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Disposal, Refrigerator
    • Laundry: Inside, W/D Hookups
    Features
    • Storage, Baseboards, High Speed Internet, Plant Ledges, Recessed Lighting
    • Flooring: Hardwood, Tile, Carpet
    • Windows: Double Pane Windows, Some Blinds
    • Has basement: No
    • Has fireplace: Yes
    Interior area
    • Total structure area: 2,192
    • Total interior livable area: 2,192 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: 2 Car Garage
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Exterior features: Rain Gutters
    • Pool features: None
    Lot
    • Size: 2.07 Acres
    • Dimensions: 220x408
    • Features: Interior Lot, Sprinkler
    Details
    • Parcel number: 101s280000003110000
    • Zoning description: Res Single

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1996

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Septic Tank
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Security: Security System, Smoke Detector(s)
    • Subdivision: Bay Meadows
    HOA
    • Has HOA: No
    Location
    • Region: Milton

    Financial & listing details

    • Price per square foot: $228/sqft
    • Tax assessed value: $285,532
    • Annual tax amount: $3,701
    • Date on market: 11/1/2025
    • Cumulative days on market: 334 days
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/23/2026Sold$500,000+1%$228/sqft
    Source: PAR #673176 Report a problem
    10/23/2026Pending sale$495,000$226/sqft
    Source: PAR #673176 Report a problem
    10/2/2026Contingent$495,000$226/sqft
    Source: PAR #673176 Report a problem
    9/30/2026Listed for sale$495,000-10%$226/sqft
    Source: PAR #673176 Report a problem
    11/22/2025Listed for sale$549,900$251/sqft
    Source: PAR #673176 Report a problem
    11/14/2025Contingent$549,900$251/sqft
    Source: PAR #673176 Report a problem
    11/1/2025Listed for sale$549,900+54.9%$251/sqft
    Source: PAR #673176 Report a problem
    8/9/2007Sold$355,000+1675%$162/sqft
    Source: Public Record Report a problem
    7/30/1996Sold$20,000$9/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,701 +3.6%$285,532 +6.1%
    2024$3,573 +2.1%$269,036 +10%
    2023$3,501 +4.4%$244,578 +10%
    2022$3,353 +19.8%$222,344 +11.4%
    2021$2,800 +7.3%$199,580 +8.5%
    2020$2,609 +7.4%$184,018 +7.7%
    2019$2,429 $170,847 +3.7%
    2018$2,429 +7.1%$164,781 +6.9%
    2017$2,269 $154,199 +2.9%
    2016$2,269 +1.1%$149,863 +4.2%
    2015$2,244 +1.7%$143,846 +0.2%
    2014$2,206 $143,507 +4%
    2013-- $138,042 -1%
    2012-- $139,429 -3.1%
    2011-- $143,961 -0.2%
    2010-- $144,218 -0.2%
    2009-- $144,544 -17.8%
    2008-- $175,856
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    2002-- --
    2001-- --
    2000-- --
    Find assessor info on the county website

    Neighborhood: 32583

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Bagdad
    • Middle: AVALON
    • High: Milton

    Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Sell for more on Zillow
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    $500,100
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    With Zillow Showcase(estimated)

    $510,102

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $500,100
    2% more
    +$10,002
    With Zillow Showcase(estimated)

    $510,102