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For sale
$1,195,000
4beds
2,875sqft

16604 Perdido Key Dr, Pensacola, FL 32507

4beds
2,875sqft
Single family residence
Built in 2021
1.14 Acres
Boat, covered, detached, guest, rv/boat parking
$416 price/sqft
$114/mo HOA

What's special

Cozy gas fireplaceOle river waterfront communityOpen-concept floor planPrivate on-site storage buildingRich hardwood floorsSoaring high ceilings

Welcome to coastal luxury in the exclusive gated community of Mallory Square North in Pensacola, Florida. This stunning 4-bedroom, 4.5-bath residence is one of only five homes in this private Ole River waterfront community and is located just 1.5 miles from the iconic Flora-Bama.Designed for relaxed coastal living, the home features an open-concept floor plan with soaring high ceilings and beautiful tongue-and-groove wood ceilings throughout. The spacious living area is highlighted by rich hardwood floors, a cozy gas fireplace, and direct access to a balcony off the living room—perfect for enjoying the coastal breeze and water views. The kitchen blends style and function with unique concrete countertops, ample workspace, and seamless flow into the main living and dining areas, making it ideal for entertaining. A second gas fireplace in the master adds warmth and charm to the home’s thoughtfully designed living spaces.Each of the four bedrooms offers privacy and comfort with its own bathroom, while the additional half bath is perfect for guests. Modern conveniences include a tankless water heater for endless hot water and quality finishes throughout.Outside, the property includes a private on-site storage building and covered parking beneath the home. Residents of Mallory Square North enjoy access to a community pool and private beach area along Ole River, offering the ultimate coastal lifestyle just minutes from dining, entertainment, and the sugar-white beaches of the Gulf Coast.Whether you're looking for a full-time residence, vacation home, or investment opportunity, this rare property offers luxury, location, and laid-back waterfront living.Information is deemed reliable, Buyer or buyers agent to verify all measurements and information.

180 days
|
624
|
33
|
Source: PAR,MLS#: 678747MLS Logo
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Jennifer Francia 251-300-7136,

Wellhouse Real Estate

Source: PAR,MLS#: 678747MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1
Primary bedroom
  • Level: Second
  • Area: 286
  • Dimensions: 13 x 22
Bedroom
  • Level: Second
  • Area: 187
  • Dimensions: 11 x 17
Bedroom 1
  • Level: Second
  • Area: 156
  • Dimensions: 13 x 12
Heating
  • Central
Cooling
  • Central Air, Ceiling Fan(s)
Appliances
  • Included: Tankless Water Heater/Gas, Wine Cooler, Built In Microwave, Dishwasher, Refrigerator
  • Laundry: Inside, W/D Hookups
Features
  • Storage, Baseboards, Crown Molding, High Ceilings, Recessed Lighting, Wet Bar, Smart Thermostat
  • Flooring: Hardwood
  • Windows: Double Pane Windows, Shutters
  • Has basement: No
  • Has fireplace: Yes
  • Fireplace features: Two or More
Interior area
  • Total structure area: 2,875
  • Total interior livable area: 2,875 sqft
Video & virtual tour

Property

Parking
  • Parking features: Boat, Covered, Detached, Guest, RV/Boat Parking
Features
  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered
  • Exterior features: Balcony, Barbecue, Dock
  • Has private pool: Yes
  • Pool features: Indoor, Community
  • Has view: Yes
  • View description: Gulf, River, Water
  • Has water view: Yes
  • Water view: Gulf, River, Water
  • Waterfront features: Intracoastal Waterway, River Front, Waterfront, Pier
Lot
  • Size: 1.14 Acres
Details
  • Parcel number: 064s322101000003
  • Zoning description: Res Multi

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Contemporary, Cottage
  • Property subtype: Single Family Residence
Materials
  • Frame
  • Foundation: Pillar/Post/Pier
  • Roof: Metal
Condition
  • Resale
  • New construction: No
  • Year built: 2021

Utilities & green energy

  • Electric: Copper Wiring, Circuit Breakers
  • Sewer: Public Sewer
  • Water: Public
  • Utilities for property: Underground Utilities
Green energy
  • Energy efficient items: Insulation, Insulated Walls

Community & HOA

Community
  • Features: Dock, Fishing, Gated, Pier
  • Security: Smoke Detector(s)
  • Subdivision: Mallory Square North
HOA
  • Has HOA: Yes
  • Services included: Association, Maintenance Grounds, Insurance, Maintenance, Management, Water/Sewer
  • HOA fee: $1,373 annually
Location
  • Region: Pensacola

Financial & listing details

  • Price per square foot: $416/sqft
  • Tax assessed value: $320,000
  • Annual tax amount: $8,280
  • Price range: $1.2M - $1.2M
  • Date on market: 3/5/2026
  • Cumulative days on market: 157 days

Price history

DateEventPrice
3/5/2026Listed for sale$1,195,000$416/sqft
Source: PAR #678747 Report a problem
10/11/2024Listing removed$1,195,000$416/sqft
Source: Baldwin Realtors #367384 Report a problem
9/10/2024Price change$1,195,000-4.4%$416/sqft
Source: Baldwin Realtors #367384 Report a problem
9/3/2024Listed for sale$1,250,000+53.4%$435/sqft
Source: Baldwin Realtors #367384 Report a problem
7/28/2017Sold$815,000-0.5%$283/sqft
Source: Agent Provided Report a problem
3/4/2017Listed for sale$819,000+30%$285/sqft
Source: RE/MAX Paradise #513778 Report a problem
10/18/2016Sold$630,000-23.1%$219/sqft
Source: PAR #500677 Report a problem
7/23/2016Listed for sale$819,000+30%$285/sqft
Source: RE/MAX Paradise #503367 Report a problem
7/15/2016Sold$630,000-9.4%$219/sqft
Source: Baldwin Realtors #206739 Report a problem
4/9/2015Listing removed$695,000$242/sqft
Source: Russell Clemons Realty #217455 Report a problem
2/26/2015Price change$695,000-6.1%$242/sqft
Source: Russell Clemons Realty #217455 Report a problem
1/21/2015Listed for sale$740,000+0.7%$257/sqft
Source: Russell Clemons Realty #217455 Report a problem
4/17/2014Listing removed$734,900$256/sqft
Source: RE/MAX Of Orange Beach #453990 Report a problem
3/4/2014Price change$734,900-0.7%$256/sqft
Source: RE/MAX Of Orange Beach #453990 Report a problem
1/9/2014Price change$739,900-1.3%$257/sqft
Source: RE/MAX Of Orange Beach #453990 Report a problem
11/27/2013Listed for sale$749,900+8.1%$261/sqft
Source: RE/MAX Of Orange Beach #453990 Report a problem
8/15/2013Listing removed$2,700$1/sqft
Source: Century 21 Meyer Real Estate Of Florida #444633 Report a problem
5/24/2013Listed for rent$2,700$1/sqft
Source: Century 21 Meyer Real Estate of Florida #444633 Report a problem
3/20/2013Listing removed$694,000$241/sqft
Source: Visual Tour #420500 Report a problem
12/20/2012Listed for sale$694,000+6.9%$241/sqft
Source: Visual Tour #420500 Report a problem
8/30/2012Listing removed$649,000$226/sqft
Source: Visual Tour #414661 Report a problem
6/1/2012Listed for sale$649,000$226/sqft
Source: Visual Tour #414661 Report a problem
3/19/2012Listing removed$649,000$226/sqft
Source: Visual Tour #414661 Report a problem
12/20/2011Listed for sale$649,000-45.5%$226/sqft
Source: Visual Tour #414661 Report a problem
11/1/2010Listing removed$1,190,000-19%$414/sqft
Source: NCI #100321 Report a problem
12/19/2009Listed for sale$1,470,000$511/sqft
Source: NCI #100321 Report a problem

Public tax history

YearProperty taxesTax assessment
2021$8,280 +0.9%$320,000
2020$8,207 +86.1%$320,000
2019$4,411 $320,000
2018$4,411 -2%$320,000
2017$4,501 -2.1%$320,000
2016$4,600 -1.7%$320,000
2015$4,678 $320,000
2014$4,678 $320,000
2013-- $320,000 -14%
2012-- $372,000 -2.1%
2011-- $380,000 -16.7%
2010-- $456,000 -65.4%
2003-- $1,316,020 +39.2%
2002-- $945,640 +27.6%
2001-- $741,140 +0.4%
2000-- $738,370

Find assessor info on the county website

Monthly payment

Est. payment
$7,571/mo
Principal & interest
$6093
Property taxes
$1364
HOA Fees
$114
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Estimated market value

Not available

Estimated sales range

Not available

Not available

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 32507

Nearby schools

Hellen Caro Elementary School
Grades PK-5 • 6.9 miles
7/10
GreatSchools® Rating
Test Score Rating
8/10
Student Progress Rating
6/10
Jim C. Bailey Middle School
Grades 6-8 • 7.1 miles
5/10
GreatSchools® Rating
Test Score Rating
5/10
Student Progress Rating
5/10
Escambia High School
Grades 9-12 • 15.5 miles
3/10
GreatSchools® Rating
Test Score Rating
3/10
College Readiness Rating
3/10
Student Progress Rating
2/10

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