Experience the best of Gulf-front living in this beautifully updated 2 bedroom, 2 bath unit at Shipwatch Surf & Yacht Club, located in the Perdido Key area! From the moment you step inside, you’re greeted with stunning, unobstructed views of the Gulf and a light-filled interior designed to feel relaxed, coastal, and inviting. The unit has been thoughtfully UPDATED with beautiful COASTAL DECOR and FINISHES, creating a turnkey space that is both comfortable for personal use and appealing for guests. The open living and dining area flows seamlessly to the LARGE Gulf-front BALCONY, offering the perfect spot to enjoy morning coffee, evening sunsets, and the sound of the waves just steps away. In addition to the living room being off of the balcony, so is the primary bedroom. Wake to the sounds of waves crashing. This property is also a proven rental performer, making it an excellent opportunity for those looking to generate income. One of the standout features of Shipwatch is its unique dual-waterfront lifestyle. In addition to direct beach access, owners also enjoy access to the Old River side of the key. On the river side you’ll find amenities, including a boat dock with first come, first serve boat slips, a boat launch, second community pool, and tennis/pickleball courts — a rare combination that allows you to enjoy both the Gulf and boating lifestyle in one location. Whether you're looking for a second home, investment property, or a combination of both, this unit offers location, updates, and lifestyle in one of Perdido Key’s most desirable communities. Water heater was replaced approximately 5 years ago, AND the added bonus is it COASTAL GREEN HVAC SYSTEM. Do not miss the truly turnkey unit! Schedule your private showing today!
Contingent
$670,000
16787 Perdido Key Dr APT A504, Perdido Key, FL 32507
2beds
1,184sqft
Condominium
Built in 1982
-- sqft lot
$-- Zestimate®
$566/sqft
$1,047/mo HOA
What's special
Direct beach accessBoat launchSecond community poolLight-filled interiorLarge gulf-front balcony
- 30 days |
- 326 |
- 15 |
Zillow last checked:
Listing updated:
Listed by:
Heather Loper 251-504-1171,
KELLER WILLIAMS REALTY ALABAMA GULF COAST
Source: PAR,MLS#: 686260
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Area: 192
- Dimensions: 12 x 16
Bedroom
- Level: First
- Area: 150
- Dimensions: 12 x 12.5
Kitchen
- Level: First
- Area: 154
- Dimensions: 11 x 14
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Disposal, Refrigerator, Self Cleaning Oven
- Laundry: Inside
Features
- Baseboards, Ceiling Fan(s), Crown Molding, High Speed Internet
- Flooring: Tile
- Windows: Double Pane Windows, Blinds, Drapes, Drapery Rods
- Has basement: No
Interior area
- Total structure area: 1,184
- Total interior livable area: 1,184 sqft
Property
Parking
- Parking features: Parking Lot
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Exterior features: Balcony, Barbecue, Tennis Court(s), Dock
- Has private pool: Yes
- Pool features: In Ground, Community
- Has view: Yes
- View description: Gulf, Water
- Has water view: Yes
- Water view: Gulf, Water
- Waterfront features: Gulf, River Front, Waterfront, Beach Access, Boat Launch, Deed Access, Natural, Pier, Beach, Waterfront Deed Access
Details
- Parcel number: 014s331100504001
- Zoning description: Res Multi
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium
Materials
- Concrete
- Foundation: Slab
- Roof: Built-Up
Condition
- Resale
- New construction: No
- Year built: 1982
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Community Room, Dock, Elevator, Fitness Center, Fishing, Marina, Picnic Area, Pier, Sidewalks, Tennis Court(s)
- Security: Smoke Detector(s)
- Subdivision: Shipwatch Surf & Yacht Club
HOA
- Has HOA: Yes
- Services included: Association, Maintenance Grounds, Insurance, Maintenance, Pest Control, Recreation Facility, Trash, Water/Sewer
- HOA fee: $12,561 annually
Location
- Region: Perdido Key
Financial & listing details
- Price per square foot: $566/sqft
- Tax assessed value: $503,200
- Annual tax amount: $6,634
- Price range: $670K - $670K
- Date on market: 7/22/2026
- Cumulative days on market: 32 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2026 | Pending sale | $670,000$566/sqft |
Source:  Baldwin Realtors #399814 Report a problem | ||
| 8/12/2026 | Contingent | $670,000$566/sqft |
Source:  PAR #686260 Report a problem | ||
| 7/22/2026 | Listed for sale | $670,000+94.2%$566/sqft |
Source: PAR #686260 Report a problem | ||
| 4/27/2015 | Sold | $345,000-3.9%$291/sqft |
Source: Baldwin Realtors #224010 Report a problem | ||
| 3/28/2015 | Listed for sale | $359,000+335.2%$303/sqft |
Source: Main Street Properties, Inc. #478836 Report a problem | ||
| 4/12/2000 | Sold | $82,500$70/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,634 -2.4% | $503,200 |
| 2023 | $6,800 +9.7% | $503,200 +4.9% |
| 2022 | $6,198 +81.2% | $479,520 +101.5% |
| 2021 | $3,421 -37% | $237,984 -40% |
| 2020 | $5,432 +10.3% | $396,640 +13.6% |
| 2019 | $4,923 | $349,280 -0.7% |
| 2018 | $4,923 +1.6% | $351,648 +18.4% |
| 2017 | $4,845 +11% | $297,000 +10.8% |
| 2016 | $4,363 +8.2% | $268,000 +6.1% |
| 2015 | $4,031 | $252,500 +14.9% |
| 2014 | $4,031 | $219,789 +0.3% |
| 2013 | -- | $219,239 +3.6% |
| 2012 | -- | $211,584 -13.2% |
| 2011 | -- | $243,770 +18.1% |
| 2010 | -- | $206,340 -0.6% |
| 2009 | -- | $207,590 -31.9% |
| 2008 | -- | $304,845 -7.6% |
| 2007 | -- | $329,830 +145.6% |
| 2006 | -- | $134,310 -27% |
| 2005 | -- | $183,980 -26.2% |
| 2004 | -- | $249,400 +33.7% |
| 2003 | -- | $186,520 |
| 2002 | -- | $186,520 +6.7% |
| 2001 | -- | $174,790 +0.7% |
| 2000 | -- | $173,640 |
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.Climate risks
Neighborhood: 32507
Nearby schools
GreatSchools rating
- 7/10Hellen Caro Elementary SchoolGrades: PK-5Distance: 7.2 mi
- 5/10Jim C. Bailey Middle SchoolGrades: 6-8Distance: 7.4 mi
- 3/10Escambia High SchoolGrades: 9-12Distance: 15.8 mi
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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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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