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Lot/land
  • $515,000

    5870 Red Cedar St, Perdido Key, FL 32507

    --beds
    --baths
    0.3Acres
    Unimproved Land
    Built in ----
    0.3 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    On a cul-de-sacGreat drainage featureWhite sand beachSouthern exposureIntercoastal front lot
    A rare find! This deep water, southern exposure, Intercoastal front lot, on a cul-de-sac with a white sand beach is located behind the gates of Innerarity Island, and is ready for you to build your waterfront oasis. Recently bush hogged. Just minutes by boat to Alabama Pass, the Gulf of Mexico, and great restaurants and bars (FloraBama, Pirate's Cove, Hub Stacy's...). Per covenants- the home building setback from the water can be in-line with the existing neighboring homes. The culvert at the street would take water north under the road during a weather event- great drainage feature.
    94 days
    |
    210
    |
    3
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 04, 2026 at 07:43pm

    Listed by:

    Michael Whitner 850-341-6803,

    RE/MAX GULF PROPERTIES

    Source: PAR,MLS#: 674932MLS Logo

      Facts & features

      Interior

      Features
      • Has basement: No

      Property

      Features
      • Has view: Yes
      • On waterfront: Yes
      • Waterfront features: Waterfront, Beach Access
      • Frontage length: Water Frontage(90)
      Lot
      • Size: 0.3 Acres
      • Dimensions: 90x143
      • Features: Cul-De-Sac
      • Topography: Level
      Details
      • Parcel number: 153s322001007005
      • Zoning description: Res Single

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Innerarity Island
      HOA
      • Has HOA: Yes
      • Services included: Association
      Location
      • Region: Perdido Key

      Financial & listing details

      • Tax assessed value: $300,000
      • Annual tax amount: $3,803
      • Price range: $515K - $515K
      • Date on market: 12/15/2025
      • Cumulative days on market: 1675 days
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        12/15/2025Listed for sale$515,000
        Source: PAR #674932 Report a problem
        12/7/2025Listing removed$515,000
        Source: PAR #655591 Report a problem
        3/27/2025Price change$515,000+8.4%
        Source: PAR #655591 Report a problem
        8/8/2023Price change$475,000-4.8%
        Source: PAR #592408 Report a problem
        6/7/2022Price change$499,000-2.2%
        Source: PAR #592408 Report a problem
        10/29/2021Price change$510,000-5%
        Source: Baldwin Realtors #316524 Report a problem
        10/27/2021Pending sale$537,000
        Source: Baldwin Realtors #316524 Report a problem
        6/30/2021Listed for sale$537,000+133.6%
        Source: PAR #592408 Report a problem
        1/8/2002Sold$229,900
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$3,803 +2.2%$300,000
        2023$3,722 +21.2%$300,000 +50%
        2022$3,071 -4.6%$200,000
        2021$3,220 +20.1%$200,000
        2020$2,681 +6.8%$200,000 +14.3%
        2019$2,511 $175,000
        2018$2,511 -1.9%$175,000
        2017$2,560 -2.1%$175,000
        2016$2,614 -1.6%$175,000
        2015$2,657 $175,000
        2014$2,657 $175,000
        2013-- $175,000
        2012-- $175,000 -7.9%
        2011-- $190,000
        2010-- $190,000 -37.5%
        2009-- $304,000 -14.7%
        2008-- $356,250 -25%
        2007-- $475,000 -5%
        2006-- $500,000 +119.3%
        2005-- $228,000
        2004-- $228,000
        2003-- $228,000 +14%
        2002-- $200,000 +25%
        2001-- $160,000
        2000-- $160,000

        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.
        See how much you could borrow to make a competitive offer.

        Boost your down payment with 6% savings match

        Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

        Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

        Climate risks

        Neighborhood: 32507

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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

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