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Sold for $655,000
  • $655,000

    16787 Perdido Key Dr APT A504, Perdido Key, FL 32507

    2beds
    1,184sqft
    Condominium
    Built in 1982
    -- sqft lot
    $646,800 Zestimate®
    $553/sqft
    $1,669 Estimated rent

    Home value

    $646,800

    $614,000 - $679,000

    $1,669/mo

    Zestimate® history
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    What's special

    Direct beach accessBoat launchSecond community poolLight-filled interiorLarge gulf-front balcony
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Heather Loper 251-504-1171,

    KELLER WILLIAMS REALTY ALABAMA GULF COAST

    Bought with:

    Katherine Justice

    Levin Rinke Realty

    Source: PAR,MLS#: 686260MLS Logo

    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: $553/sqft
    • Tax assessed value: $503,200
    • Annual tax amount: $6,634
    • Price range: $655K - $655K
    • Date on market: 7/22/2026
    • Cumulative days on market: 21 days

    Price history

    DateEventPrice
    9/4/2026Sold$655,000-2.2%$553/sqft
    Source: PAR #686260 Report a problem
    8/12/2026Pending sale$670,000$566/sqft
    Source: Baldwin Realtors #399814 Report a problem
    8/12/2026Contingent$670,000$566/sqft
    Source: PAR #686260 Report a problem
    7/22/2026Listed for sale$670,000+94.2%$566/sqft
    Source: PAR #686260 Report a problem
    4/27/2015Sold$345,000-3.9%$291/sqft
    Source: PAR #478836 Report a problem
    3/28/2015Listed for sale$359,000+335.2%$303/sqft
    Source: Main Street Properties, Inc. #478836 Report a problem
    4/12/2000Sold$82,500$70/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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

    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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    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
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