DON'T MISS THIS INCREDIBLE OPPORTUNITY TO PUT YOUR PERSONAL TOUCH ON THIS 2 BEDROOM, 2 BATH RESIDENCE ON THE RIVERSIDE AT SHIPWATCH SURF AND YACHT CLUB. SHIPWATCH OFFERS THE BEST OF BOTH WORLDS WITH BEACH AND BOATING! Riverside owners enjoy beach access directly across the street plus full boating facilities including first-come/first-serve boat slips, boat ramp and secure boat storage all on the deep waters of Ole River. Those who love to cook will appreciate the open concept kitchen with spacious island, ample pantry and counter space, with large eat-in-bar. The primary bedroom, with en-suite bath, has a large walk-in closet and easy access to the Riverside patio. You also have plenty of room to store your beach, pool, and boating supplies with two large owner storage closets. Shipwatch is renowned for its strong Homeowners Association and dedicated on-site management and maintenance staff. Owners enjoy a wide range of other amenities including tennis & pickleball courts, fitness room, sauna, Gulf-front and Riverside pools and owner’s lounges. With many second homeowners and some primary residents, Shipwatch offers a wonderful residential atmosphere yet also offers excellent rental potential. COME ENJOY THE TRUE PERDIDO LIFESTYLE WITH BEACH & BOATING!
Sold for $475,500 on 02/21/25
$475,500
16787 Perdido Key Dr APT E502, Perdido Key, FL 32507
2beds
1,116sqft
Condominium
Built in 1984
-- sqft lot
$522,700 Zestimate®
$426/sqft
$1,471 Estimated rent
Home value
$522,700
$481,000 - $570,000
$1,471/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 21, 2025 at 03:26pm
Listed by:
Katherine Justice 850-712-4631,
Levin Rinke Realty
Bought with:
Morgan Crabtree
RE/MAX OF ORANGE BEACH
Source: PAR,MLS#: 656386
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Area: 199.2
- Dimensions: 12 x 16.6
Bedroom
- Level: First
- Area: 132
- Dimensions: 11 x 12
Kitchen
- Level: First
- Area: 121
- Dimensions: 11 x 11
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Water Heater, Dryer, Washer, Dishwasher, Disposal, Refrigerator
- Laundry: Inside, W/D Hookups
Features
- Bar, Ceiling Fan(s), Walk-In Closet(s)
- Flooring: Tile, Carpet
- Has basement: No
Interior area
- Total structure area: 1,116
- Total interior livable area: 1,116 sqft
Property
Parking
- Parking features: Parking Lot, RV/Boat Parking
Features
- Levels: 8 or More Story
- Exterior features: Balcony
- Has private pool: Yes
- Pool features: In Ground, Community
- Has view: Yes
- View description: River
- Has water view: Yes
- Water view: River
- Waterfront features: River Front, Waterfront, Beach Access, Boat Launch, Natural, Pier, Beach
Lot
- Size: 10.04 Acres
Details
- Parcel number: 014s331100502005
- Zoning description: County,Res Multi
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Condominium
Materials
- Concrete
- Foundation: Pillar/Post/Pier
- Roof: See Remarks
Condition
- Resale
- New construction: No
- Year built: 1984
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Community Room, Dock, Elevator, Fitness Center, Fishing, Handball Court, Picnic Area, Pier, Tennis Court(s)
Location
- Region: Perdido Key
- Subdivision: Shipwatch Surf & Yacht Club
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $11,127 annually
- Services included: Association, Cable TV, Maintenance Grounds, Maintenance, Management, Pest Control, Recreation Facility, Trash, Water/Sewer
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/21/2025 | Sold | $475,500-4.7%$426/sqft |
Source:  PAR #656386 Report a problem | ||
| 1/10/2025 | Pending sale | $499,000$447/sqft |
Source:  Baldwin Realtors #371601 Report a problem | ||
| 1/10/2025 | Contingent | $499,000$447/sqft |
Source: PAR #656386 Report a problem | ||
| 12/15/2024 | Listed for sale | $499,000$447/sqft |
Source: PAR #656386 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,657 +2.9% | $451,980 |
| 2023 | $5,500 +9.6% | $451,980 +12.5% |
| 2022 | $5,018 +69.9% | $401,760 +96.7% |
Find assessor info on the county website
Neighborhood: 32507
Nearby schools
GreatSchools rating
- 7/10Hellen Caro Elementary SchoolGrades: PK-5Distance: 7.3 mi
- 5/10Jim C. Bailey Middle SchoolGrades: 6-8Distance: 7.5 mi
- 2/10Escambia High SchoolGrades: 9-12Distance: 15.9 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.
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$522,700
2% more+ $10,454
With Zillow Showcase(estimated)
$533,154