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Sold for $257,000
  • $257,000

    16590 Perdido Key Dr APT 1A, Pensacola, FL 32507

    2beds
    900sqft
    Condominium
    Built in 2007
    -- sqft lot
    $258,500 Zestimate®
    $286/sqft
    $1,567 Estimated rent

    Home value

    $258,500

    $246,000 - $271,000

    $1,567/mo

    Zestimate® history
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    What's special

    Private beachCompletely coastal calm feelingFresh paintQuartz countertopsRecently installed quartz countertopsEn-suite bathNew backsplash
    WOW--- a 2BR/2BA Beach condo for $269k?? YES!! It is PRICED TO SELL, so DON'T Sleep on This One!!! Molokai Villas is a "Villa Style" condo complex and is one of only a handful of Perdido Key properties with BOTH a private beach AND River Access. Molokai Villas owners and guests enjoy one of the best uncrowded beaches on Perdido Key AND the convenience of boat docks on the deep waters of Old River with quick access to Gulf. This well decorated and meticulously cared for 2nd floor unit has been updated with fresh paint, quartz countertops and newer furnishings giving it a completely Coastal Calm feeling. The cottage has continuous neutral tile flooring throughout and a sleeper sofa in the living room. The kitchen features stainless steel appliances, recently installed quartz countertops and new backsplash. The primary bedroom features a french door to the balcony and an en-suite bath. The guest room has a twin over queen bunk to comfortably accommodate up to three additional people. When you're not relaxing on the polywood furniture on the balcony, take a short stroll to the riverside pool. Store your boat in the first come first serve slips, fish from the pier, or take the short walk across the street to the beautiful uncrowded beach! This one truly offers ALL the best of beach and river front living. It is turn-key MOVE IN or RENT READY for you! Monthly HOA dues of $1819.12 include insurance and all bills except electricity and owners contents insurance (HO6). All information thought to be true and accurate but should be verified by buyer or buyers agent.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dee Koranda 850-602-3793,

    Levin Rinke Realty

    Bought with:

    Dee Koranda

    Levin Rinke Realty

    Source: PAR,MLS#: 669287MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: First
    • Area: 156
    • Dimensions: 12 x 13
    Bedroom
    • Level: First
    • Area: 120
    • Dimensions: 10 x 12
    Kitchen
    • Level: First
    • Area: 112
    • Dimensions: 8 x 14
    Heating
    • Central
    Cooling
    • Heat Pump, Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Water Heater, Dishwasher, Disposal, Microwave, Refrigerator
    • Laundry: Inside
    Features
    • Flooring: Tile
    • Windows: Blinds, Drapery Rods
    • Has basement: No
    Interior area
    • Total structure area: 900
    • Total interior livable area: 900 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: 1 Space/Unit, Parking Lot
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Balcony, Dock, Boat Slip
    • Has private pool: Yes
    • Pool features: Gunite, In Ground, Community
    • Has view: Yes
    • View description: Gulf, Water
    • Has water view: Yes
    • Water view: Gulf, Water
    • Waterfront features: Gulf, River Front, Beach Access, Pier, Beach
    Lot
    • Size: 2.24 Acres
    Details
    • Parcel number: 064s322950101002
    • Zoning description: County

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Cottage
    • Property subtype: Condominium
    Materials
    • Frame
    • Foundation: Pillar/Post/Pier
    • Roof: Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 2007

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Utilities for property: Cable Available
    Green energy
    • Energy efficient items: Heat Pump

    Community & HOA

    Community
    • Features: Dock, Fishing
    • Subdivision: Molokai Villas
    HOA
    • Has HOA: Yes
    • Services included: Association, Cable TV, Maintenance Grounds, Insurance, Management, Pest Control, Recreation Facility, Trash
    • HOA fee: $21,829 annually
    Location
    • Region: Pensacola

    Financial & listing details

    • Price per square foot: $286/sqft
    • Tax assessed value: $319,500
    • Annual tax amount: $4,258
    • Price range: $257K - $257K
    • Date on market: 8/14/2025
    • Cumulative days on market: 180 days

    Price history

    DateEventPrice
    3/11/2026Sold$257,000-4.5%$286/sqft
    Source: PAR #669287 Report a problem
    3/11/2026Pending sale$269,000$299/sqft
    Source: Baldwin Realtors #384672 Report a problem
    2/12/2026Contingent$269,000$299/sqft
    Source: PAR #669287 Report a problem
    11/16/2025Price change$269,000-10%$299/sqft
    Source: PAR #669287 Report a problem
    8/14/2025Listed for sale$299,000-11.8%$332/sqft
    Source: PAR #669287 Report a problem
    6/5/2025Listing removed$339,000$377/sqft
    Source: Baldwin Realtors #373805 Report a problem
    4/18/2025Price change$339,000-2.9%$377/sqft
    Source: PAR #658648 Report a problem
    2/6/2025Listed for sale$349,000$388/sqft
    Source: PAR #658648 Report a problem
    9/8/2021Sold$349,000+61.6%$388/sqft
    Source: PAR #593144 Report a problem
    7/18/2017Sold$216,000-1.8%$240/sqft
    Source: Public Record Report a problem
    4/17/2017Listed for sale$219,9000%$244/sqft
    Source: Realty 1st #252263 Report a problem
    2/14/2017Listing removed$220,000$244/sqft
    Source: Realty 1st #243846 Report a problem
    1/31/2017Price change$220,000-2.2%$244/sqft
    Source: Realty 1st #243846 Report a problem
    12/27/2016Price change$225,000-1.7%$250/sqft
    Source: Realty 1st #243846 Report a problem
    11/2/2016Price change$229,000-8%$254/sqft
    Source: Realty 1st #243846 Report a problem
    8/29/2016Listed for sale$249,000+44.3%$277/sqft
    Source: Realty 1st #243846 Report a problem
    8/27/2013Sold$172,500-3.9%$192/sqft
    Source: Public Record Report a problem
    6/2/2013Price change$179,500-3%$199/sqft
    Source: ResortQuest R/E - Perdido Key #441574 Report a problem
    4/2/2013Listed for sale$185,000+10.4%$206/sqft
    Source: Resortquest Real Estate #441574 Report a problem
    6/3/2011Sold$167,500-9.5%$186/sqft
    Source: Public Record Report a problem
    2/15/2011Listed for sale$185,000-28.6%$206/sqft
    Source: POINTE SOUTH, INC. #403534 Report a problem
    9/8/2009Listing removed$259,000$288/sqft
    Source: Systems Engineering, Inc. #139172 Report a problem
    3/28/2009Listed for sale$259,000$288/sqft
    Source: Systems Engineering, Inc. #139172 Report a problem
    2/1/2009Listing removed$259,000$288/sqft
    Source: Systems Engineering, Inc. #139172 Report a problem
    10/25/2008Listed for sale$259,000$288/sqft
    Source: Systems Engineering, Inc. #139172 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,258 +1.8%$319,500 +4.4%
    2023$4,184 -3.7%$306,000 -2.9%
    2022$4,345 +88.4%$315,000 +100%
    2021$2,306 -18.3%$157,500 -20.5%
    2020$2,822 +1.4%$198,000 +2.3%
    2019$2,783 $193,500 -0.5%
    2018$2,783 -2.4%$194,400 +31.5%
    2017$2,851 +27.1%$147,850
    2016$2,244 -1.6%$147,850 +5.6%
    2015$2,280 $140,000 +3.8%
    2014$2,280 $134,899 +6.3%
    2013-- $126,883 +1.1%
    2012-- $125,540 -0.3%
    2011-- $125,966 -11.8%
    2010-- $142,830 -8%
    2009-- $155,201 -18.4%
    2008-- $190,312 +35.6%
    2007-- $140,340 +2.5%
    2006-- $136,920 +773.8%
    2005-- $15,670 -87.9%
    2004-- $129,070 +33.3%
    2003-- $96,810 +4.3%
    2002-- $92,780
    2001-- $92,780 +13%
    2000-- $82,130
    Find assessor info on the county website

    Neighborhood: 32507

    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.

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