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Sold for $120,000
  • $120,000

    2624 Sherman Ave, Perdido Key, FL 32507

    1beds
    468sqft
    Single Family Residence
    Built in 2012
    0.31 Acres Lot
    $120,000 Zestimate®
    $256/sqft
    $991 Estimated rent

    Home value

    $120,000

    $108,000 - $134,000

    $991/mo

    Zestimate® history
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    What's special

    Dedicated workshop areaMove-in-ready cottageFully renovated bathroomHigh and dry lotEnclosed hvac spaceMajestic oak treesBeautiful bayou grande
    Solid opportunity to invest in a 1 bedroom 1 bathroom cottage with a 768 square foot detached garage-workshop on a high and dry .30 acre home site. The property is steps away from Bayou Grande (navigable to Pensacola Bay) where you can put in a kayak, paddleboard or canoe. The 24' x 32' garage is a split 2-bay with workshop area and built-in workshop bench, two windows and service door. Drain line for washer/dryer and has copper wiring; just needs to be connected to the new 200 amp service in the cottage. ideal for anyone who needs extra space for hobbies, woodworking, storage, or vehicle, sporting equipment and lawn equipment. The owner passed before completing the cottage renovation, however upgrades include a new bathroom with walk-in shower, new tankless water heater, new water lines from Sherman Ave. to the house, new 200 amp service from Sherman Avenue to the house, plus kitchen upgrades. The cottage is cozy and full of potential. Improvements include: Renovated bathroom with walk-in shower, Energy-efficient tankless water heater. The roofs on the home and garage do not leak, however, a new roof might be required to acquire full protection insurance. The owner roughed in a space on the back of the house for an all in one heat and air system. The lot is mostly fenced and shaded by beautiful, mature live oaks in a quiet, established neighborhood. Just steps away, enjoy public access to Bayou Grande—perfect for kayaking, paddleboarding, or simply taking in the natural beauty. NAS Pensacola is just minutes away. Your choice - annual rental, Airbnb, flip or personal home, this property is a solid investment.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gina Boyleston 850-393-1154,

    Boyleston Realty & Auction LLC

    Bought with:

    G. Jeffrey White

    Connell & Company Realty Inc.

    Source: PAR,MLS#: 660300MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Bathroom
    • Level: First
    • Area: 80
    • Dimensions: 8 x 10
    Heating
    • None
    Cooling
    • Wall/Window Unit(s), Ceiling Fan(s)
    Appliances
    • Included: Tankless Water Heater, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Appliances
    Features
    • Flooring: Tile
    • Has basement: No
    Interior area
    • Total structure area: 468
    • Total interior livable area: 468 sqft

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    • Fencing: Partial
    • Has view: Yes
    • View description: Bayou
    • Has water view: Yes
    • Water view: Bayou
    • Waterfront features: Natural
    Lot
    • Size: 0.31 Acres
    • Dimensions: 90x150
    • Features: Interior Lot
    Details
    • Parcel number: 332s311001008077
    • Zoning description: County
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Foundation: Off Grade
    • Roof: Rolled/Hot Mop
    Condition
    • Resale
    • New construction: No
    • Year built: 2012

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Perdido Key
    • Subdivision: Sherman Acres

    HOA & financial

    HOA
    • Has HOA: No

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/15/2025Sold$120,000+4.4%$256/sqft
    Source: PAR #660300 Report a problem
    6/30/2025Pending sale$114,900$246/sqft
    Source: PAR #660300 Report a problem
    6/6/2025Price change$114,900-4.2%$246/sqft
    Source: PAR #660300 Report a problem
    6/2/2025Price change$119,900-2.4%$256/sqft
    Source: PAR #660300 Report a problem
    5/12/2025Price change$122,900-3.9%$263/sqft
    Source: PAR #660300 Report a problem
    5/2/2025Price change$127,900-3.8%$273/sqft
    Source: PAR #660300 Report a problem
    4/25/2025Price change$132,900-3.6%$284/sqft
    Source: PAR #660300 Report a problem
    4/19/2025Price change$137,900-6.8%$295/sqft
    Source: PAR #660300 Report a problem
    4/2/2025Price change$147,900-20%$316/sqft
    Source: PAR #660300 Report a problem
    3/31/2025Price change$184,900+21.6%$395/sqft
    Source: PAR #660300 Report a problem
    3/19/2025Price change$152,000-12.9%$325/sqft
    Source: PAR #660300 Report a problem
    3/7/2025Listed for sale$174,500$373/sqft
    Source: PAR #660300 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$535 -0.6%$82,776 +4.4%
    2023$538 +0.9%$79,307 +8.2%
    2022$533 -1.1%$73,291 +18.3%
    2021$539 +41.9%$61,973 +131.3%
    2020$380 +1.5%$26,797 +2.5%
    2019$374 $26,151
    2018$374 -1.9%$26,151
    2017$382 -2.1%$26,151
    2016$390 -1.6%$26,151
    2015$396 $26,151
    2014$396 $26,151 +2.5%
    2013-- $25,508
    2012-- $25,508 -25.6%
    2011-- $34,303 -2.4%
    2010-- $35,131 -2.3%
    2009-- $35,974 -2%
    2008-- $36,710 -5.5%
    2007-- $38,840 -5%
    2006-- $40,890 +11.2%
    2005-- $36,780
    2004-- $36,780 +287.6%
    2003-- $9,490
    2002-- $9,490
    2001-- $9,490
    2000-- $9,490

    Find assessor info on the county website

    Neighborhood: 32507

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Pleasant Grove
    • 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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    $120,000
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    With Zillow Showcase(estimated)
    $122,400