16604 Perdido Key Dr, Pensacola, FL 32507
What's special
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.
- 226 days
- 482
- 41
Travel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Jennifer Francia 251-300-7136,
Wellhouse Real Estate
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: Circuit Breakers, Copper Wiring
- 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: $400/sqft
- Tax assessed value: $320,000
- Annual tax amount: $8,280
- Price range: $1.1M - $1.1M
- Date on market: 3/5/2026
- Cumulative days on market: 227 days
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2026 | Listed for sale | $1,149,000-3.8%$400/sqft |
Source:  PAR #678747 Report a problem | ||
| 3/5/2026 | Listed for sale | $1,195,000$416/sqft |
Source: PAR #678747 Report a problem | ||
| 10/11/2024 | Listing removed | $1,195,000$416/sqft |
Source:  Baldwin Realtors #367384 Report a problem | ||
| 9/10/2024 | Price change | $1,195,000-4.4%$416/sqft |
Source: Baldwin Realtors #367384 Report a problem | ||
| 9/3/2024 | Listed for sale | $1,250,000+53.4%$435/sqft |
Source: Baldwin Realtors #367384 Report a problem | ||
| 7/28/2017 | Sold | $815,000-0.5%$283/sqft |
Source: Agent Provided Report a problem | ||
| 3/4/2017 | Listed for sale | $819,000+30%$285/sqft |
Source: RE/MAX Paradise #513778 Report a problem | ||
| 10/18/2016 | Sold | $630,000-23.1%$219/sqft |
Source: PAR #500677 Report a problem | ||
| 7/23/2016 | Listed for sale | $819,000+30%$285/sqft |
Source: RE/MAX Paradise #503367 Report a problem | ||
| 7/15/2016 | Sold | $630,000-9.4%$219/sqft |
Source: Baldwin Realtors #206739 Report a problem | ||
| 4/9/2015 | Listing removed | $695,000$242/sqft |
Source: Russell Clemons Realty #217455 Report a problem | ||
| 2/26/2015 | Price change | $695,000-6.1%$242/sqft |
Source: Russell Clemons Realty #217455 Report a problem | ||
| 1/21/2015 | Listed for sale | $740,000+0.7%$257/sqft |
Source: Russell Clemons Realty #217455 Report a problem | ||
| 4/17/2014 | Listing removed | $734,900$256/sqft |
Source: RE/MAX Of Orange Beach #453990 Report a problem | ||
| 3/4/2014 | Price change | $734,900-0.7%$256/sqft |
Source: RE/MAX Of Orange Beach #453990 Report a problem | ||
| 1/9/2014 | Price change | $739,900-1.3%$257/sqft |
Source: RE/MAX Of Orange Beach #453990 Report a problem | ||
| 11/27/2013 | Listed for sale | $749,900+8.1%$261/sqft |
Source: RE/MAX Of Orange Beach #453990 Report a problem | ||
| 8/15/2013 | Listing removed | $2,700$1/sqft |
Source: Century 21 Meyer Real Estate Of Florida #444633 Report a problem | ||
| 5/24/2013 | Listed for rent | $2,700$1/sqft |
Source: Century 21 Meyer Real Estate of Florida #444633 Report a problem | ||
| 3/20/2013 | Listing removed | $694,000$241/sqft |
Source: Visual Tour #420500 Report a problem | ||
| 12/20/2012 | Listed for sale | $694,000+6.9%$241/sqft |
Source: Visual Tour #420500 Report a problem | ||
| 8/30/2012 | Listing removed | $649,000$226/sqft |
Source: Visual Tour #414661 Report a problem | ||
| 6/1/2012 | Listed for sale | $649,000$226/sqft |
Source: Visual Tour #414661 Report a problem | ||
| 3/19/2012 | Listing removed | $649,000$226/sqft |
Source: Visual Tour #414661 Report a problem | ||
| 12/20/2011 | Listed for sale | $649,000-45.5%$226/sqft |
Source: Visual Tour #414661 Report a problem | ||
| 11/1/2010 | Listing removed | $1,190,000$414/sqft |
Source: NCI #100321 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 |
Monthly payment
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®️.