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For sale
    • Price cut: $10K (7/10)
    $925,000

    521 Shelter Cove Dr, Santa Rosa Beach, FL 32459

    5beds
    2,612sqft
    : 
    $5,649/mo
    Get pre-qualified
    Single Family Residence
    Built in 2020
    0.29 Acres Lot
    $-- Zestimate®
    $354/sqft
    $-- HOA

    What's special

    Shaker-style cabinetryPeaceful coastal settingGranite countertopsOversized two-car garageExceptionally functional floor planAbundant storageRinnai tankless water heater
    Thoughtfully designed around comfort, functionality, and its exceptional bayside setting, this custom-built 5-bedroom, 3-bath residence is perfectly positioned directly across from Choctawhatchee Bay in the gated community of Pelican Bay and offers 3,956 square feet of thoughtfully designed indoor/outdoor living and entertaining space, including 2,162 square feet of heated and cooled living area. Framed by mature landscaping and highlighted by a spacious screened front porch with peaceful bay views, the home offers an exceptionally functional floor plan with nearly every aspect of daily living on the first floor, including the open-concept living, dining, and kitchen areas, the primary suite, three additional bedrooms, and two full baths, while the upstairs bedroom/flex space with a full bath provides exceptional versatility for guests, a home office, media room, or additional living space. Built with lasting quality in mind, the home showcases custom craftsmanship throughout with built-ins, tray ceilings, shaker-style cabinetry, granite countertops, abundant storage, a Rinnai tankless water heater, whole-house Generac generator, oversized two-car garage, long driveway, and a spacious backyard with ample room for gardening, recreation, or future outdoor enhancements including a pool. Whether you're searching for a primary residence, second home, or investment opportunity, this exceptional home offers the ideal blend of comfort, functionality, and location. Pelican Bay offers a peaceful coastal setting with low HOA fees, a bayfront park with community dock for fishing, kayaking, paddleboarding, and boating, along with tennis and pickleball courts. Ideally located just minutes from Grand Boulevard, Sacred Heart Hospital, Sandestin, Topsail Hill Preserve State Park, Scenic Highway 30A, and the Emerald Coast's renowned sugar-white beaches, this home offers the perfect balance of quiet coastal living and convenient access to the area's premier shopping, dining, entertainment, and outdoor recreation.
    22 days
    |
    905
    |
    58
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Justin D Wilkerson 850-502-6472,

    Real Broker LLC,

    Kimberly A Pfizenmayer 513-384-1155,

    Real Broker LLC

    Source: ECAOR,MLS#: 1006903MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Primary bedroom
      • Level: First
      • Area: 282 Square Feet
      • Dimensions: 15 x 18.8
      Bedroom
      • Level: First
      • Area: 169.36 Square Feet
      • Dimensions: 14.6 x 11.6
      Bedroom
      • Level: First
      • Area: 169.36 Square Feet
      • Dimensions: 14.6 x 11.6
      Bedroom
      • Level: First
      • Area: 329.7 Square Feet
      • Dimensions: 21 x 15.7
      Bedroom
      • Level: Second
      • Area: 467.82 Square Feet
      • Dimensions: 20.7 x 22.6
      Dining area
      • Level: First
      • Area: 92.4 Square Feet
      • Dimensions: 8.4 x 11
      Kitchen
      • Level: First
      • Area: 221 Square Feet
      • Dimensions: 13 x 17
      Living room
      • Level: First
      • Area: 441 Square Feet
      • Dimensions: 21 x 21
      Heating
      • Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Microwave, Range Hood, Tankless Water Heater
      • Laundry: Washer/Dryer Hookup
      Features
      • Breakfast Bar, Bookcases, Tray Ceiling(s), Split Bedroom
      • Flooring: Vinyl, Carpet
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 2,612
      • Total interior livable area: 2,612 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Door Opener, Detached, Guest
      • Garage spaces: 2
      Features
      • Stories: 2
      • Patio & porch: Covered, Screened
      • Exterior features: Columns, Lawn Pump, Sprinkler System, Rain Gutters
      • Has view: Yes
      • View description: Bay
      • Has water view: Yes
      • Water view: Bay
      Lot
      • Size: 0.29 Acres
      • Dimensions: 83 x 176 x 81 x 185
      • Features: Covenants, Flood Insurance Req, Level, Restrictions, Within 1/2 Mile to Water
      Details
      • Parcel number: 242S21428000000140
      • Zoning description: Resid Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Beach House
      • Property subtype: Single Family Residence
      Materials
      • Siding CmntFbrHrdBrd
      • Roof: Metal
      Condition
      • Construction Complete
      • New construction: No
      • Year built: 2020

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: Dock, Fishing, Gated, Minimum Rental Prd, Short Term Rental - Not Allowed, Picnic Area, Tennis Court(s), Waterfront, Pickleball
      • Subdivision: PELICAN BAY S/D
      HOA
      • Has HOA: Yes
      • Services included: Recreational Faclty
      Location
      • Region: Santa Rosa Beach

      Financial & listing details

      • Price per square foot: $354/sqft
      • Tax assessed value: $821,683
      • Annual tax amount: $4,697
      • Date on market: 7/3/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/10/2026Price change$925,000-1.1%$354/sqft
        Source: ECAOR #1006903 Report a problem
        7/3/2026Listed for sale$935,000-1.6%$358/sqft
        Source: ECAOR #1006903 Report a problem
        6/2/2026Listing removed$949,900$364/sqft
        Source: ECAOR #978376 Report a problem
        3/27/2026Price change$949,900-2.6%$364/sqft
        Source: ECAOR #978376 Report a problem
        1/10/2026Price change$975,000-1%$373/sqft
        Source: ECAOR #978376 Report a problem
        10/21/2025Price change$985,000-1.4%$377/sqft
        Source: ECAOR #978376 Report a problem
        7/18/2025Price change$999,000-4.9%$382/sqft
        Source: ECAOR #978376 Report a problem
        6/30/2025Price change$1,050,000-4.5%$402/sqft
        Source: ECAOR #978376 Report a problem
        6/9/2025Listed for sale$1,100,000+816.7%$421/sqft
        Source: ECAOR #978376 Report a problem
        6/18/2019Sold$120,000+23.7%$46/sqft
        Source: Public Record Report a problem
        10/20/2017Sold$97,000+19.8%$37/sqft
        Source: Public Record Report a problem
        7/18/2014Sold$81,000$31/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,697 +1.9%$558,472 +2.9%
        2024$4,608 +3.8%$542,733 +3%
        2023$4,440 +1.2%$526,925 +3%
        2022$4,387 -1.3%$511,578 +3%
        2021$4,443 +402.2%$496,678 +460.3%
        2020$885 +4.5%$88,639 +4%
        2019$846 $85,230 +4%
        2018$846 +3.6%$81,952 +3%
        2017$817 +3.6%$79,565 +4%
        2016$789 +3%$76,505 +7%
        2015$766 +5.3%$71,500 +10%
        2014$727 $65,000
        2013-- $65,000 +44.8%
        2012-- $44,887 -5%
        2011-- $47,250 -10%
        2010-- $52,500 -30%
        2009-- $75,000 -50.7%
        2008-- $152,000 -30.9%
        2007-- $220,000 +25.4%
        2005-- $175,500 +134%
        2004-- $75,000 +17.6%
        2003-- $63,750
        2002-- $63,750 +38.6%
        2001-- $46,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 32459

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Van R Butler
        • Middle: Emerald Coast
        • High: South Walton

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

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