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  • $1,400,000

    16338 Tarpon Dr, Perdido Key, FL 32507

    4beds
    3,196sqft
    Single Family Residence
    Built in 2007
    0.32 Acres Lot
    $-- Zestimate®
    $438/sqft
    $4,251 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $4,251/mo

    Zestimate® history
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    What's special

    **SELLER TO OFFER $20,000 CREDIT for furniture/decorating costs with acceptable offer** Tucked away in the private, gated enclave of Russell Bayou on Innerarity Island, this waterfront retreat in Perdido Key offers the ultimate blend of peace, privacy, and luxury coastal living. With 4 bedrooms, 3.5 baths, and just under 3,200 square feet, this beautifully updated home was designed to embrace the water views from nearly every angle. Inside, you'll find a freshly painted interior, luxury vinyl plank flooring, custom railings, and an upgraded kitchen with modern finishes and style. New windows allow natural light to pour in while showcasing breathtaking sunsets over the bayou. Step outside and you'll discover what truly sets this home apart. A deep-water pier and boathouse make it a boater’s dream, while the inground pool and hot tub offer the perfect place to relax or entertain. The backyard feels like your own private resort with lush new landscaping, a custom gate, and an enhanced outdoor sound system ready to set the vibe for every gathering. Whether you're hosting a crowd or enjoying a quiet evening by the water, the setting is unforgettable. Located in a gated community and in one of the area’s cherished waterfront neighborhoods, this home is great for those who crave serenity without sacrificing convenience. Enjoy quick access to local dining, shopping, and entertainment, all while coming home to one of the most scenic and peaceful spots on the Gulf Coast. This is more than a home—it’s a lifestyle. Buyer to verify all information during due diligence.

    Zillow last checked:

    Listing updated:

    Listed by:

    Heather Loper & Associates 251-504-1171,

    Keller Williams AGC Realty - Orange Beach

    Bought with:

    Non Member

    Source: Baldwin Realtors,MLS#: 380273MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Heat Pump, Central, Electric
    Cooling
    • Heat Pump, Electric
    Appliances
    • Included: Disposal, Microwave, Dishwasher
    Features
    • En Suite, Internet, Ceiling Fan(s), High Ceilings
    • Flooring: Tile, Luxury Vinyl Plank
    • Number of fireplaces: 1
    • Fireplace features: Living Room
    Interior area
    • Total interior livable area: 3,196 sqft

    Property

    Parking
    • Parking features: Detached, Double Garage, Garage Door Opener
    • Has garage: Yes
    Features
    • Stories: 2
    • Patio & porch: Patio, Porch Open, Covered Patio
    • Exterior features: Irrigation Sprinkler
    • Pool features: In Ground
    • Spa features: Outdoor Hot Tub
    • Fencing: Fenced
    • Has view: Yes
    • View description: Direct Bay Front, Direct ICW Front, Direct Bayou Front
    • Has water view: Yes
    • Waterfront features: Bay Front Building, Bayou Front Building, Lagoon Front Building
    • Body of water: Intracoastal Waterway
    Lot
    • Size: 0.32 Acres
    • Features: Cul-De-Sac, Waterfront, Water View, Less Than 1 Acre
    Details
    • Additional structures: Guest House
    • Parcel number: 153S323000080008
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Roof: Metal
    Condition
    • Year built: 2007

    Utilities & green energy

    • Utilities for property: Underground Utilities, Cable TV, Water City, Sewage City, Water Heater Gas, Cable

    Community & HOA

    Community
    • Features: Gated, Fishing Pier, Tennis Racquetball, More Than Two Pets Allowed
    • Security: Smoke Detector(s)
    • Subdivision: Russell Bayou
    HOA
    • Has HOA: Yes
    • Services included: Recreation Facilities, Taxes Common Area, Common Area Insurance, Association Management, Common Area Maintenance
    • HOA fee: $825 annually
    Location
    • Region: Perdido Key

    Financial & listing details

    • Price per square foot: $438/sqft
    • Tax assessed value: $1,103,935
    • Annual tax amount: $10,110
    • Date on market: 6/12/2025
    • Ownership type: Whole Full

    Price history

    DateEventPrice
    10/21/2025Sold$1,400,000-10.7%$438/sqft
    Source: Baldwin Realtors #380273 Report a problem
    10/7/2025Pending sale$1,567,500$490/sqft
    Source: Baldwin Realtors #380273 Report a problem
    9/12/2025Price change$1,567,500-0.2%$490/sqft
    Source: Baldwin Realtors #380273 Report a problem
    7/31/2025Price change$1,570,000-0.6%$491/sqft
    Source: Baldwin Realtors #380273 Report a problem
    7/10/2025Price change$1,580,000-0.9%$494/sqft
    Source: Baldwin Realtors #380273 Report a problem
    6/12/2025Listed for sale$1,595,000-5.9%$499/sqft
    Source: Baldwin Realtors #380273 Report a problem
    8/7/2024Listing removed$1,695,000$530/sqft
    Source: PAR #637946 Report a problem
    5/30/2024Price change$1,695,000-3.1%$530/sqft
    Source: PAR #637946 Report a problem
    2/13/2024Price change$1,750,000-12.3%$548/sqft
    Source: PAR #637946 Report a problem
    1/1/2024Listed for sale$1,995,000+159.4%$624/sqft
    Source: PAR #637946 Report a problem
    9/30/2015Sold$769,000-6.8%$241/sqft
    Source: PAR #480621 Report a problem
    4/29/2015Listed for sale$825,000-21.4%$258/sqft
    Source: COLDWELL BANKER UNITED, REALTORS #480621 Report a problem
    5/11/2009Listing removed$1,049,000$328/sqft
    Source: Prudential Real Estate #326042 Report a problem
    3/19/2009Listed for sale$1,049,000$328/sqft
    Source: Prudential Real Estate #326042 Report a problem
    7/2/2008Listing removed$1,049,000$328/sqft
    Source: Prudential Real Estate #462957 Report a problem
    5/29/2008Listed for sale$1,049,000+399.8%$328/sqft
    Source: Prudential Real Estate #462957 Report a problem
    4/19/2004Sold$209,900$66/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$10,110 +0.5%$1,103,935 +4.7%
    2023$10,056 +2%$1,053,904 +9.9%
    2022$9,857 -0.7%$959,304 +24%
    2021$9,923 +9%$773,359 +8.3%
    2020$9,099 +0.5%$713,877 -3.7%
    2019$9,052 $741,591 +12.3%
    2018$9,052 +2.2%$660,162 +2.1%
    2017$8,859 +0%$646,584 +0.4%
    2016$8,858 -1.3%$643,978 +64.3%
    2015$8,972 $392,001 +0.8%
    2014$8,972 $388,890 -2%
    2013-- $396,903 +1.7%
    2012-- $390,269 -5.8%
    2011-- $414,210 -7.7%
    2010-- $448,815 -6.9%
    2009-- $482,321 -10.5%
    2008-- $538,694 +183.5%
    2007-- $190,000 -5%
    2006-- $200,000 +8.1%
    2005-- $185,000
    2004-- $185,000 +33.3%
    2003-- $138,750 +32.1%
    2002-- $105,000 +496.6%
    2001-- $17,600
    Find assessor info on the county website

    Neighborhood: 32507

    Nearby schools

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