Have you ever dreamt of unobstructed sunset views over water? Well, 5314 and 5400 North Shore Drive are where your dream meets reality. Two adjoining lots for sale (see also listing MLS 670509) feature the idyllic canvas for the piling home of your dreams. Set at the end of the primary route into the quaint and private gated Innerarity Island community, your future homesite view encompasses peaceful estuary life including the Island’s resident foxes and a myriad of bird species including osprey; its prime location oversees the convergence of the Intercoastal Waterway connecting Big Lagoon to Perdido Bay; one can look south to Alabama’s luxury homes of Ono Island or west to Mill & Ross Points which guard entry to Alabama’s Arnica Bay where culinary treats await at Pirates Cove. Each lot is over a third of an acre and when combined create sufficient buffer from neighboring homesites and substantial room for outdoor entertaining around a pool. Wetlands Study, Survey and Geotechnical Study are available upon request as well as an artist’s rendering of a modern take on the Spanish Revival home the sellers had planned to capture every possible viewpoint. The community of Innerarity Island is a gem, exuding both the quintessential southern charm of live oaks and Spanish moss as well as Gulf Coast water living at its finest. Schedule a visit to 5314/5400 North Shore Drive to take a soft and easy breath as life moves at a slower pace. Boundaries presented are to be verified by buyer/buyer's agent.
Lot/land
Price cut: $5.1K (3/4)
$139,900
5314 N Shore Rd, Perdido Key, FL 32507
--beds
--baths
0.34Acres
Unimproved Land
Built in ----
0.34 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Peaceful estuary life
- 199 days |
- 134 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: March 09, 2026 at 10:57am
Listed by:
Laura Pittman 251-610-7774,
KELLER WILLIAMS REALTY GULF COAST
Source: PAR,MLS#: 670508
Facts & features
Interior
Features
- Has basement: No
Video & virtual tour
Property
Features
- Has view: Yes
- On waterfront: Yes
Lot
- Size: 0.34 Acres
- Features: Central Access, No Improvements
Details
- Parcel number: 153s322001010008
- Zoning description: Res Single
Utilities & green energy
- Sewer: None
- Water: None
Community & HOA
Community
- Subdivision: Innerarity Shores
HOA
- Has HOA: Yes
Location
- Region: Perdido Key
Financial & listing details
- Tax assessed value: $75,000
- Annual tax amount: $1,362
- Price range: $139.9K - $139.9K
- Date on market: 9/6/2025
- Cumulative days on market: 199 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/4/2026 | Price change | $139,900-3.5% |
Source: | ||
| 9/6/2025 | Listed for sale | $145,000+27.2% |
Source: | ||
| 8/1/2023 | Listing removed | -- |
Source: | ||
| 7/10/2023 | Contingent | $113,999 |
Source: | ||
| 6/27/2023 | Price change | $113,999-3.8% |
Source: | ||
| 6/15/2023 | Price change | $118,500-8.1% |
Source: | ||
| 7/13/2022 | Listed for sale | $129,000+17.3% |
Source: | ||
| 7/8/2004 | Sold | $110,000 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,362 +22.6% | $75,000 |
| 2023 | $1,111 +15.9% | $75,000 +50% |
| 2022 | $958 -0.8% | $50,000 +19% |
| 2021 | $966 +110.2% | $42,000 +20% |
| 2020 | $459 -6.5% | $35,000 +25% |
| 2019 | $491 | $28,000 |
| 2018 | $491 -1.6% | $28,000 |
| 2017 | $499 -1.7% | $28,000 |
| 2016 | $508 -1.3% | $28,000 -20% |
| 2015 | $515 | $35,000 |
| 2014 | $515 | $35,000 |
| 2013 | -- | $35,000 |
| 2012 | -- | $35,000 -3% |
| 2011 | -- | $36,100 -20.8% |
| 2010 | -- | $45,600 -20% |
| 2009 | -- | $57,000 |
| 2008 | -- | $57,000 -40% |
| 2007 | -- | $95,000 -5% |
| 2006 | -- | $100,000 +11.1% |
| 2005 | -- | $90,000 +101.1% |
| 2004 | -- | $44,750 +33.3% |
| 2003 | -- | $33,560 +160.2% |
| 2002 | -- | $12,900 |
| 2001 | -- | $12,900 |
| 2000 | -- | $12,900 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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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Neighborhood: 32507
Nearby schools
GreatSchools rating
- 7/10Hellen Caro Elementary SchoolGrades: PK-5Distance: 5.5 mi
- 5/10Jim C. Bailey Middle SchoolGrades: 6-8Distance: 5.7 mi
- 3/10Escambia High SchoolGrades: 9-12Distance: 14 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
- 5314 N Shore Rd




