VACATION OR STAY-CATION? INVESTMENT NOW, RETIREMENT LATER OR PERMANENT HOME? Don't just dream about a summer paradise, make it a reality! Listen to the waves wash in and stroll the shimmering white sands of the beach. This fabulous canal front home in the heart of Perdido Key has beautiful views of the cerulean waters of the Gulf of Mexico and Ole River from the many decks and windows. The simply irresistible boating and fishing waters allow easy access to the Intracoastal Waterway and the Gulf of Mexico through either Pensacola pass or Alabama pass. The home was built sturdy with a metal roof and lots of Pella windows and doors that flood the home with natural light. The entire interior and exterior of the home received fresh paint in 2022. The first floor features a huge bedroom with two twin/full bunk beds, a dining area, two closets, a full bath, and a separate walk in closet that's perfect for storing boating and fishing equipment. The open floor plan of the second floor features a large kitchen, living and dining area with a fireplace, a bedroom, full bath, and laundry closet. The kitchen was recently remodeled with new cabinetry, appliances, quartz countertops and luxury vinyl plank flooring. The master bedroom and bath, two additional bedrooms, and another full bath comprise the third floor. The master suite features a sitting area, fireplace, large walk-in closet and two decks for enjoying the breeze, sunshine, and water views. The en suite bath has a jetted soaking tub with a view of the fireplace, a double vanity, and a separate shower. The architect designed the home with the addition of a future elevator in mind. The home is wired for a security system and has surround sound in the living area and master bedroom. A two car garage and circular driveway make parking easy. Palm trees and live oak trees enhance the exterior of the home. You have to see it to appreciate everything this home has to offer. Call today for your private showing!
Sold for $1,625,000
$1,625,000
7245 Flood Reef, Perdido Key, FL 32507
5beds
3,456sqft
Single Family Residence
Built in 2003
0.28 Acres Lot
$1,640,000 Zestimate®
$470/sqft
$4,245 Estimated rent
Home value
$1,640,000
$1.54M - $1.74M
$4,245/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 02, 2025 at 06:12am
Listed by:
Rhonda Landrum 850-206-9617,
POINTE SOUTH
Bought with:
Rhonda Landrum
POINTE SOUTH
Source: PAR,MLS#: 655132
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Primary bedroom
- Level: Second
- Area: 408
- Dimensions: 12 x 34
Bedroom
- Level: First
- Area: 132.22
- Dimensions: 11.33 x 11.67
Bedroom 1
- Level: First
- Area: 418
- Dimensions: 19 x 22
Kitchen
- Level: Second
- Area: 230
- Dimensions: 10 x 23
Heating
- Central
Cooling
- Multi Units, Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Disposal, Refrigerator
- Laundry: Inside
Features
- Storage, Bar, Bookcases, Ceiling Fan(s), High Ceilings, High Speed Internet, Recessed Lighting, Sound System, Walk-In Closet(s)
- Flooring: Tile
- Windows: Double Pane Windows, Blinds
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Two or More, Master Bedroom
Interior area
- Total structure area: 3,456
- Total interior livable area: 3,456 sqft
Property
Parking
- Total spaces: 2
- Parking features: 2 Car Garage, Circular Driveway, Guest
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Covered, Deck, Covered Deck
- Exterior features: Balcony, Dock
- Pool features: None
- Has spa: Yes
- Spa features: Bath
- Has view: Yes
- View description: Canal, Gulf, River, Water
- Has water view: Yes
- Water view: Canal, Gulf, River, Water
- Waterfront features: Canal Front, Waterfront, Beach Access, Boat Lift, Deed Access, Beach, Waterfront Deed Access
- Frontage length: Water Frontage(90)
Lot
- Size: 0.28 Acres
- Dimensions: 90 x 140
Details
- Parcel number: 323s321100000056
- Zoning description: Deed Restrictions
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Slab
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 2003
Details
- Warranty included: Yes
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Underground Utilities
Green energy
- Energy efficient items: Insulated Walls
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Tennis Court(s)
Location
- Region: Perdido Key
- Subdivision: Perdido Key Coves
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $400 annually
- Services included: Association, Deed Restrictions, Recreation Facility
Other
Other facts
- Price range: $1.6M - $1.6M
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2025 | Sold | $1,625,000-9.7%$470/sqft |
Source:  PAR #655132 Report a problem | ||
| 4/24/2025 | Pending sale | $1,800,000$521/sqft |
Source: PAR #655132 Report a problem | ||
| 3/5/2025 | Contingent | $1,800,000$521/sqft |
Source: PAR #655132 Report a problem | ||
| 11/14/2024 | Listed for sale | $1,800,000+2150%$521/sqft |
Source: PAR #655132 Report a problem | ||
| 8/6/1996 | Sold | $80,000$23/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,026 +6.4% | $906,351 +9.3% |
| 2023 | $9,420 +7.3% | $829,532 +7.1% |
| 2022 | $8,783 +41.4% | $774,578 +76.2% |
Find assessor info on the county website
Neighborhood: 32507
Nearby schools
GreatSchools rating
- 7/10Hellen Caro Elementary SchoolGrades: PK-5Distance: 5.4 mi
- 5/10Jim C. Bailey Middle SchoolGrades: 6-8Distance: 5.6 mi
- 2/10Escambia 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.
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