This is the property you’ve been waiting for, once in a life time chance. Huge corner lot off of Innerarity Point Rd. One of the most sought-after locations in the Pensacola area… and this one is very special. The backyard view is at the end of one of the very rare canals on this peninsula. Surrounded by Perdido Bay on the north side and the Intracoastal on the south side…and if they ever finish this canal, this property would probably be a waterfront canal lot. Bonus: To all of the developers out there…both “end of canal” properties could be acquired for the right price. Now, there’s also a nice 3 bedroom, 2 full baths, brick house with a matching detached garage, ( Garage has water and sewer connection) with a wide paved driveway facing Innerarity Point road. Vinyl plank flooring throughout. The entire property is fenced in and has an in-ground irrigation system. There’s also a cement slab for a storage shed in the backyard. This property is just over the bridge from some of the most beautiful beaches on the Gulf coast! Innerarity Point Road area…enjoy a laid-back, “old Florida” vibe with popular waterfront dining at Hub Stacy’s, Bushwackers, Fisherman’s Corner, The Salty Pearl and The Point restaurant. All within walking or biking distance. Don’t forget about the newly renovated Innerarity Point Park which offers a boardwalk, kayak launches and playgrounds just right down the road. You’re also near the back gate of NAS Pensacola…home of the Blue Angels! This property does need some TLC but not too much to get it up to par and that’s why we’re selling it AS-IS. Check out the pics and you’ll see what I mean, tons of potential with this property…and if the past is any prediction of the future, prices are not going down…this area is exploding with growth!
For sale
Price cut: $95K (6/10)
$399,000
5601 Sea Spray Dr, Perdido Key, FL 32507
3beds
1,357sqft
Single Family Residence
Built in 1992
0.44 Acres Lot
$-- Zestimate®
$294/sqft
$-- HOA
What's special
- 56 days |
- 590 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Moe Mossa 888-490-1268,
Savvy Avenue, LLC
Source: PAR,MLS#: 682357
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Area: 180
- Dimensions: 12 x 15
Kitchen
- Level: First
- Area: 108
- Dimensions: 9 x 12
Living room
- Level: First
- Area: 345
- Dimensions: 23 x 15
Heating
- Natural Gas
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Gas Water Heater
Features
- Flooring: Simulated Wood
- Doors: Insulated Doors
- Has basement: No
Interior area
- Total structure area: 1,357
- Total interior livable area: 1,357 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage, Detached
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Pool features: None
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 0.44 Acres
- Features: Corner Lot
Details
- Parcel number: 143s321000130003
- Zoning description: Res Single
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Off Grade
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1992
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Septic Tank
- Water: Public
Green energy
- Energy efficient items: Heat Pump, Insulation, Insulated Walls
Community & HOA
Community
- Subdivision: Gulf Beach Heights
HOA
- Has HOA: No
Location
- Region: Perdido Key
Financial & listing details
- Price per square foot: $294/sqft
- Tax assessed value: $230,040
- Annual tax amount: $3,101
- Price range: $399K - $399K
- Date on market: 5/9/2026
- Cumulative days on market: 57 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Price change | $399,000-19.2%$294/sqft |
Source: | ||
| 5/9/2026 | Price change | $494,000-0.2%$364/sqft |
Source: | ||
| 4/22/2026 | Listed for sale | $495,000+147.5%$365/sqft |
Source: Owner Report a problem | ||
| 8/21/2018 | Sold | $200,000+2.6%$147/sqft |
Source: | ||
| 8/4/2018 | Listed for sale | $194,900$144/sqft |
Source: RE/MAX HORIZONS REALTY #540485 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,101 +2.6% | $230,040 +5.4% |
| 2023 | $3,022 +6% | $218,351 +3.9% |
| 2022 | $2,850 +8.4% | $210,137 +16.2% |
| 2021 | $2,630 +9% | $180,858 +7.7% |
| 2020 | $2,413 +2.9% | $167,958 +4% |
| 2019 | $2,344 | $161,547 +87.9% |
| 2018 | $2,344 | $85,965 +2.1% |
| 2017 | -- | $84,197 +2.1% |
| 2016 | $774 +1.4% | $82,466 +0.7% |
| 2015 | $763 | $81,893 +0.8% |
| 2014 | $763 | $81,244 +1.5% |
| 2013 | -- | $80,044 +1.7% |
| 2012 | -- | $78,706 +3% |
| 2011 | -- | $76,414 +1.5% |
| 2010 | -- | $75,285 +2.7% |
| 2009 | -- | $73,306 +0.1% |
| 2008 | -- | $73,233 +3% |
| 2007 | -- | $71,100 +2.5% |
| 2006 | -- | $69,370 +3% |
| 2005 | -- | $67,350 +3% |
| 2004 | -- | $65,390 +1.9% |
| 2003 | -- | $64,170 +2.4% |
| 2002 | -- | $62,670 +1.6% |
| 2001 | -- | $61,680 +3% |
| 2000 | -- | $59,880 +2.7% |
| 1999 | -- | $58,310 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 32507
Nearby schools
GreatSchools rating
- 7/10Hellen Caro Elementary SchoolGrades: PK-5Distance: 2.5 mi
- 5/10Jim C. Bailey Middle SchoolGrades: 6-8Distance: 2.7 mi
- 3/10Escambia High SchoolGrades: 9-12Distance: 11.1 mi
Schools provided by the listing agent
- Elementary: Blue Angels
- 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.
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.
- Florida
- Escambia County
- Pensacola
- 32507
- 5601 Sea Spray Dr





