Price Reduced. A 'Must See'! Unique waterfront community on Old River. There are only 5 individual residential detached 2 story homes in this quiet community. This beautiful home has an outdoor, large outdoor shower under cover near outdoor kitchen, plenty of storage, even pre-framed for an optional private elevator. There is enough private parking space under the unit for up to 3 cars, also a private, separate enclosed garage building, perfect for a boat, additional car, storage, etc. A private Riverside boat dock and pier with one slip per unit and guest.. There are NO additional fees for the private boat garage or private boat slip. Those two amenities alone are great assets on Perdido Key, included in the monthly dues. This property is on Old River, and directly across the street from the gorgeous Florida Gulf Coast sugar white sandy beaches, emerald green Gulf waters, great for surfing, swimming, boating, skiing, fishing and more. This property has all the benefits of a condo association community yet is a private stand alone home. Balconies with Key West shutters, metal roof, beautiful hard wood floors and ceilings throughout, solid hard wood doors, open floor plan, wet bar area, fireplaces, large pantry, stainless steel appliances, concrete countertops, crown molding, vaulted ceilings, built-in bookcases. Great second home or rental investment. Average 50k annual rental income. Many modern features of luxury throughout the home, nicely furnished and decorated, turn-key ready. Just minutes from the Gulf State Camp Grounds/Parks, nice restaurants, grocery store, shopping, golf courses, museums, the Naval Air Station, historic downtown Pensacola, music and entertainment for all ages, the Wharf at Orange Beach, Gulf Shores, Flora-Bama, plus it is "Home of the Blue Angels"!
For sale
Price cut: $76K (2/26)
$1,099,000
16604 Perdido Key Dr Unit 2, Perdido Key, FL 32507
4beds
3,556sqft
Est.:
Single Family Residence
Built in 2021
1.14 Acres Lot
$-- Zestimate®
$309/sqft
$1,495/mo HOA
What's special
Nicely furnished and decoratedLarge pantryMetal roofOpen floor planPlenty of storageVaulted ceilingsWet bar area
- 35 days |
- 1,513 |
- 39 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: March 04, 2026 at 07:27pm
Listed by:
Cathi Oursler 850-393-9487,
Levin Rinke Realty
Source: PAR,MLS#: 676832
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Bedroom
- Level: Second
- Area: 187
- Dimensions: 11 x 17
Bedroom 1
- Level: Second
- Area: 247
- Dimensions: 19 x 13
Kitchen
- Level: First
- Area: 462
- Dimensions: 22 x 21
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Water Heater, Dryer, Washer, Wine Cooler, Built In Microwave, Dishwasher, Disposal, Refrigerator
- Laundry: Inside, W/D Hookups
Features
- Storage, Bar, Bookcases, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, High Ceilings, High Speed Internet, Recessed Lighting, Vaulted Ceiling(s), Wet Bar
- Flooring: Hardwood, Tile
- Doors: Insulated Doors, Storm Door(s)
- Windows: Double Pane Windows, Storm Window(s), Blinds, Drapes, Shutters
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Two or More
Interior area
- Total structure area: 3,556
- Total interior livable area: 3,556 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage, 3 Car Carport, Boat, Covered, Detached, Golf Cart Garage, Guest, Oversized, RV/Boat Parking
- Garage spaces: 1
- Carport spaces: 3
- Covered spaces: 4
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Patio
- Exterior features: Balcony, Barbecue, Outdoor Kitchen, Dock, Boat Slip
- Has private pool: Yes
- Pool features: Gunite, In Ground, Community
- Has view: Yes
- View description: River, Water
- Has water view: Yes
- Water view: River, Water
- Waterfront features: Intracoastal Waterway, River Front, Beach Access, Deed Access, Natural, Pier, Beach, Waterfront Deed Access
Lot
- Size: 1.14 Acres
- Dimensions: 100x770
- Features: Central Access, Interior Lot
Details
- Parcel number: 064s322101000002
- Zoning description: Res Multi
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary, Cottage
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Pillar/Post/Pier
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 2021
Utilities & green energy
- Electric: Circuit Breakers, Copper Wiring
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Green energy
- Energy efficient items: Insulation, Insulated Floors, Insulated Walls
Community & HOA
Community
- Features: Dock, Fishing, Gated, Pier
- Security: Smoke Detector(s)
- Subdivision: Mallory Square North
HOA
- Has HOA: Yes
- Services included: Association, Deed Restrictions, Maintenance Grounds, Insurance, Management, Pest Control, Trash
- HOA fee: $17,940 annually
Location
- Region: Perdido Key
Financial & listing details
- Price per square foot: $309/sqft
- Tax assessed value: $960,120
- Annual tax amount: $13,310
- Price range: $1.1M - $1.1M
- Date on market: 1/29/2026
- Cumulative days on market: 36 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/26/2026 | Price change | $1,099,000-6.5%$309/sqft |
Source:  PAR #676832 Report a problem | ||
| 1/29/2026 | Listed for sale | $1,175,000+8.8%$330/sqft |
Source: PAR #676832 Report a problem | ||
| 11/16/2023 | Listing removed | -- |
Source: PAR #576397 Report a problem | ||
| 5/18/2022 | Sold | $1,080,000-1.7%$304/sqft |
Source: PAR #607450 Report a problem | ||
| 4/22/2022 | Listed for sale | $1,099,000+20.1%$309/sqft |
Source: PAR #607450 Report a problem | ||
| 11/15/2021 | Sold | $915,000-1.1%$257/sqft |
Source: PAR #576397 Report a problem | ||
| 8/24/2020 | Listed for sale | $925,000$260/sqft |
Source: PAR #576397 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $13,310 -2.3% | $960,120 |
| 2023 | $13,628 +10.4% | $960,120 +12.3% |
| 2022 | $12,347 | $855,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$8,080/mo
Principal & interest
$5330
HOA Fees
$1495
Property taxes
$1255
Climate risks
Neighborhood: 32507
Nearby schools
GreatSchools rating
- 7/10Hellen Caro Elementary SchoolGrades: PK-5Distance: 7 mi
- 5/10Jim C. Bailey Middle SchoolGrades: 6-8Distance: 7.1 mi
- 2/10Escambia High SchoolGrades: 9-12Distance: 15.5 mi
Schools provided by the listing agent
- Elementary: Hellen Caro
- Middle: BAILEY
- High: Escambia
Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 32507
- Florida
- Escambia County
- Pensacola
- 32507
- 16604 Perdido Key Dr Unit 2
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