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For sale
  • $462,000

    16590 Perdido Key Dr APT 7A, Perdido Key, FL 32507

    2beds
    1,044sqft
    : 
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    Condominium
    Built in 1983
    -- sqft lot
    $-- Zestimate®
    $443/sqft
    $1,819/mo HOA

    What's special

    Beautifully updated waterfront villaSparkling waterfront poolTastefully remodeledTwo spacious bedroomsTasteful coastal finishesSpectacular sunsetsSpacious villa
    ENJOY THE BEST OF PERDIDO KEY FROM THIS BEAUTIFULLY UPDATED WATERFRONT VILLA LOCATED DIRECTLY ON OLE RIVER WITH DIRECT ACCESS TO THE SUGAR-WHITE SANDS OF THE GULF OF AMERICA JUST ACROSS THE STREET. THIS RARE 2-BEDROOM PLUS LOFT FLOOR PLAN OFFERS THE PERFECT COMBINATION OF WATERFRONT LIVING AND GULF BEACH CONVENIENCE. THE VERSATILE LOFT CAN EASILY SERVE AS A THIRD BEDROOM, HOME OFFICE, OR ADDITIONAL LIVING SPACE, MAKING THIS PROPERTY IDEAL AS A PRIMARY RESIDENCE, VACATION GETAWAY, OR INVESTMENT OPPORTUNITY. Move-in ready and tastefully remodeled, this spacious villa features beautiful kitchen cabinetry, modern appliances, luxury vinyl plank flooring throughout, and an open, airy floor plan filled with natural light. The two spacious bedrooms are complemented by a versatile loft accessed by a spiral staircase, providing additional sleeping space for family and guests. The updated bathrooms and tasteful coastal finishes make this home ready to enjoy from day one. The highlight of the home is the brand-new oversized waterfront balcony, where you can relax with your morning coffee, watch boats cruise along Ole River, enjoy spectacular sunsets, and take in the peaceful waterfront setting right outside your door. Molokai Villas is one of Perdido Key's most unique waterfront communities, offering boat docks on the deep waters of Ole River with quick access to the Gulf of America, a sparkling waterfront pool, assigned parking, and direct access across the street to one of Perdido Key's most beautiful and uncrowded stretches of sugar-white sand. Conveniently located just a short walk along the new Perdido Key multi-use path to The Crab Trap, Ole River Grill, and the world-famous Flora-Bama. MOLOKAI VILLAS IS A TRUE HIDDEN GEM WHERE BOATING, BEACH DAYS, AND WATERFRONT LIVING COME TOGETHER. DON'T MISS THIS RARE OPPORTUNITY TO OWN A BEAUTIFULLY UPDATED VILLA IN ONE OF PERDIDO KEY'S MOST SOUGHT-AFTER WATERFRONT COMMUNITIES.
    5 days
    |
    475
    |
    34
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jason Smallwood 850-619-3754,

    Bastion Realty LLC,

    Laurie Melvin,

    Bastion Realty LLC

    Source: PAR,MLS#: 685098MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Bonus Room
      Primary bedroom
      • Level: First
      • Area: 156
      • Dimensions: 12 x 13
      Kitchen
      • Level: First
      • Area: 112
      • Dimensions: 8 x 14
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Electric Water Heater, Dryer, Washer, Dishwasher, Microwave, Refrigerator
      • Laundry: Inside, W/D Hookups
      Features
      • Baseboards, Ceiling Fan(s), Recessed Lighting
      • Windows: Some Blinds, Some Drapes
      • Has basement: No
      Interior area
      • Total structure area: 1,044
      • Total interior livable area: 1,044 sqft

      Property

      Parking
      • Parking features: Guest
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Balcony, Dock
      • Pool features: None, Community
      • Has view: Yes
      • View description: River
      • Has water view: Yes
      • Water view: River
      • Waterfront features: River Front, Waterfront, Beach Access, Deed Access, Natural, Beach
      Lot
      • Size: 2.24 Acres
      Details
      • Parcel number: 064s322950107002
      • Zoning description: Res Multi,Res Single

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Cottage
      • Property subtype: Condominium
      Materials
      • Frame
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 1983

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Pavilion/Gazebo
      • Security: Smoke Detector(s)
      • Subdivision: Molokai Villas
      HOA
      • Has HOA: Yes
      • Services included: Association, Maintenance Grounds, Management, Recreation Facility, Trash, Water/Sewer
      • HOA fee: $21,829 annually
      Location
      • Region: Perdido Key

      Financial & listing details

      • Price per square foot: $443/sqft
      • Tax assessed value: $370,620
      • Annual tax amount: $4,641
      • Price range: $462K - $462K
      • Date on market: 6/27/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/27/2026Listed for sale$462,000+2.9%$443/sqft
        Source: PAR #685098 Report a problem
        6/27/2024Sold$449,000$430/sqft
        Source: PAR #645911 Report a problem
        5/25/2024Pending sale$449,000$430/sqft
        Source: Baldwin Realtors #362688 Report a problem
        5/25/2024Contingent$449,000$430/sqft
        Source: PAR #645911 Report a problem
        5/20/2024Listed for sale$449,000-8.3%$430/sqft
        Source: PAR #645911 Report a problem
        8/23/2023Listing removed--
        Source: PAR #631012 Report a problem
        8/11/2023Listed for sale$489,900$469/sqft
        Source: PAR #631012 Report a problem
        8/2/2023Contingent$489,900$469/sqft
        Source: PAR #631012 Report a problem
        6/3/2023Listed for sale$489,900-1.8%$469/sqft
        Source: PAR #628003 Report a problem
        3/2/2023Listing removed--
        Source: Baldwin Realtors #340403 Report a problem
        1/11/2023Listed for sale$499,000+110.1%$478/sqft
        Source: Baldwin Realtors #340403 Report a problem
        3/9/2015Sold$237,500-0.6%$227/sqft
        Source: PAR #468239 Report a problem
        10/23/2014Price change$239,000-2.4%$229/sqft
        Source: Main Street Properties Perdido Key #468239 Report a problem
        9/6/2014Price change$245,000-1.6%$235/sqft
        Source: Main Street Properties Perdido Key #468239 Report a problem
        8/25/2014Listed for sale$249,000+25.1%$239/sqft
        Source: Main Street Properties, Inc. #468239 Report a problem
        8/2/2010Sold$199,000$191/sqft
        Source: Public Record Report a problem
        7/7/2010Price change$199,000-23.2%$191/sqft
        Source: ResortQuest Real Estate of Florida LLC DBA ResortQuest Real Estate #392848 Report a problem
        4/10/2010Listed for sale$259,000-10.7%$248/sqft
        Source: MEYER REAL ESTATE OF FLORIDA #387636 Report a problem
        1/19/2005Sold$290,000$278/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,641 +4.7%$370,620 +4.4%
        2023$4,434 +2.9%$354,960 -2.9%
        2022$4,310 +65.5%$365,400 +104.1%
        2021$2,605 -19.9%$179,046 -22%
        2020$3,253 +1.4%$229,680 +2.3%
        2019$3,209 $224,460 +3.9%
        2018$3,209 +4.3%$216,108 +15.6%
        2017$3,075 +9.6%$187,000
        2016$2,804 -1.6%$187,000 +13.3%
        2015$2,851 $165,000 +3.3%
        2014$2,851 $159,686 +1.6%
        2013-- $157,238 +2.1%
        2012-- $153,955 -0.6%
        2011-- $154,892 -14.3%
        2010-- $180,741 -8%
        2009-- $196,394 -19.1%
        2008-- $242,830 -10.6%
        2007-- $271,660 +42.6%
        2006-- $190,480 +673.4%
        2005-- $24,630 -87.9%
        2004-- $204,390 +75%
        2003-- $116,800 +4.4%
        2002-- $111,930
        2001-- $111,930 +13%
        2000-- $99,090

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.

        Climate risks

        Neighborhood: 32507

        Getting around

        10 / 100
        Car-Dependent
        36 / 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.

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