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  • Zillow Home logoZestimate®
    $1,108,800

    16262 Tarpon Dr, Perdido Key, FL 32507

    4beds
    2,572sqft
    Single Family Residence
    Built in 2019
    -- sqft lot
    $1,108,800 Zestimate®
    $431/sqft
    $3,877 Estimated rent

    Home value

    $1,108,800

    $998,000 - $1.24M

    $3,877/mo

    Zestimate® history
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    What's special

    Outdoor elevatorModern colorsGranite countertopsPrivate enclosed poolWaterfront homeLarge sinkDouble gas oven

    Pensacola, FL - Single Family House - $4,250.00 Available February 2026 Experience luxury living in this stunning 4BD/3.5BA waterfront home located in the prestigious gated community of Russell Bayou on Innerarity Island in Pensacola. Boasting breathtaking views from every angle, this three-story home is the epitome of coastal living. Step inside to find a beautifully designed living area featuring modern colors, luxury vinyl plank flooring throughout, and a custom ship lap entertainment center with a built-in electric fireplace. The living room seamlessly flows into a screened patio and deck overlooking Russell Bayou, perfect for relaxing or entertaining guests. The main level also includes a formal dining room with access to the patio, a fully equipped kitchen with stainless steel appliances, a large walk-in pantry, trendy grey cabinets, granite countertops, a large sink, and a double gas oven. Two luxurious Master Suites are located on the main level, each offering a walk-in closet, double vanity, granite countertops, soaking tub, stand-up shower, and separate water closets. Upstairs, you'll find two additional bedrooms, a bathroom with built-in shelves, and a loft area that can be used as a home office or play space. Washer and dryer hookups are conveniently located on this level. The home features a spacious garage with ample storage and a staircase leading up to the main level. Outside, the front patio features double entry doors, a staircase, and plenty of space for outdoor furniture. An outdoor elevator is available for transporting larger items, and a private enclosed pool offers a relaxing oasis for hot summer days. Don't miss out on the opportunity to call this luxurious waterfront home your own. Schedule a showing today! Available for a 7 or 12 month lease! Lawn service included. Tenant responsible for all utilities. Property will be held off market up to 14 days with Property Holding Fee with approved app. Lease Prep Fee of $75 is due prior to move in. Approved pets require $400 pet fee per pet. Renters insurance is required. Schedule a Showing Online

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Electric, Heat Pump
    Cooling
    • Central Air, Ceiling Fan
    Appliances
    • Included: Dryer, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Ceiling Fan(s), Walk In Closet
    Interior area
    • Total interior livable area: 2,572 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Garage, Covered
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Patio & porch: Porch
    • Exterior features: Balcony, Heating system: HeatPump, Heating: Electric, Lawn Care included in rent, Lease - $75 Lease Prep Fee Required, Multiple Floors, No Utilities included in rent, Pet Fee - $400 Non-Refundable Pet Fee (per pet), Pets Allowed, Smoke Free, Walk In Closet
    • Has private pool: Yes
    • Pool features: Pool
    Details
    • Parcel number: 153S323000010007

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 2019

    Utilities & green energy

    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Smoke Free
    • Deposit fee: $4,250
    HOA
    • Amenities included: Pool
    Location
    • Region: Perdido Key

    Financial & listing details

    • Price per square foot: $431/sqft
    • Tax assessed value: $625,910
    • Annual tax amount: $9,116
    • Date on market: 3/3/2026
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    3/2/2026Listing removed$4,250$2/sqft
    Source: Zillow Rentals Report a problem
    1/28/2026Listed for rent$4,250+1.2%$2/sqft
    Source: Zillow Rentals Report a problem
    7/5/2024Listing removed--
    Source: Zillow Rentals Report a problem
    6/27/2024Listed for rent$4,200$2/sqft
    Source: Zillow Rentals Report a problem
    9/29/2023Sold$910,500-4.1%$354/sqft
    Source: PAR #612281 Report a problem
    9/29/2023Pending sale$949,000$369/sqft
    Source: PAR #612281 Report a problem
    9/6/2023Contingent$949,000$369/sqft
    Source: PAR #612281 Report a problem
    7/12/2023Price change$949,000-2.1%$369/sqft
    Source: PAR #612281 Report a problem
    6/29/2023Listed for sale$969,000$377/sqft
    Source: PAR #612281 Report a problem
    6/27/2023Contingent$969,000$377/sqft
    Source: PAR #612281 Report a problem
    6/21/2023Price change$969,000-0.6%$377/sqft
    Source: PAR #612281 Report a problem
    6/9/2023Price change$975,000-0.4%$379/sqft
    Source: PAR #612281 Report a problem
    4/12/2023Price change$979,000-1%$381/sqft
    Source: PAR #612281 Report a problem
    2/12/2023Price change$989,000-0.8%$385/sqft
    Source: PAR #612281 Report a problem
    10/10/2022Price change$997,000-0.2%$388/sqft
    Source: PAR #612281 Report a problem
    7/8/2022Listed for sale$999,000+1716.4%$388/sqft
    Source: PAR #612281 Report a problem
    7/26/2018Sold$55,000-12%$21/sqft
    Source: PAR #467950 Report a problem
    4/25/2018Price change$62,500-3.1%$24/sqft
    Source: GULF BREEZE REALTY, INC #467950 Report a problem
    1/24/2018Price change$64,500-7.2%$25/sqft
    Source: GULF BREEZE REALTY, INC #467950 Report a problem
    8/25/2017Listed for sale$69,500$27/sqft
    Source: GULF BREEZE REALTY, INC #467950 Report a problem
    7/1/2017Listing removed$69,500$27/sqft
    Source: GULF BREEZE REALTY, INC #467950 Report a problem
    1/5/2017Listed for sale$69,500$27/sqft
    Source: GULF BREEZE REALTY, INC #467950 Report a problem
    11/1/2016Listing removed$69,500$27/sqft
    Source: GULF BREEZE REALTY, INC #467950 Report a problem
    7/23/2016Price change$69,500-22.7%$27/sqft
    Source: GULF BREEZE REALTY, INC #467950 Report a problem
    5/3/2016Price change$89,900+12.5%$35/sqft
    Source: GULF BREEZE REALTY, INC #467950 Report a problem
    4/5/2016Listed for sale$79,900$31/sqft
    Source: GULF BREEZE REALTY, INC #467950 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,116 +6%$625,910 +1.5%
    2024$8,601 +12.8%$616,670 +8.9%
    2023$7,624 +8.3%$566,231 +10.6%
    2022$7,040 +9.1%$511,761 +22%
    2021$6,450 +22.3%$419,421 +10.9%
    2020$5,274 +564.5%$378,053 +656.1%
    2019$794 $50,000
    2018$794 -1.8%$50,000
    2017$808 -1.9%$50,000
    2016$823 -1.5%$50,000 +5.3%
    2015$836 $47,500
    2014$836 $47,500
    2013-- $47,500
    2012-- $47,500
    2011-- $47,500
    2010-- $47,500 -50%
    2009-- $95,000 -16.7%
    2008-- $114,000 -25%
    2007-- $152,000 -5%
    2006-- $160,000 +28%
    2005-- $125,000 +34.4%
    2004-- $93,000
    2003-- $93,000 +32.9%
    2002-- $70,000 +1476.6%
    2001-- $4,440
    Find assessor info on the county website

    Neighborhood: 32507

    Nearby schools

    GreatSchools rating
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    $1,108,800
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    $1,130,976
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
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    With Zillow Showcase(estimated)
    $1,130,976