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For sale by owner
  • Price cut: $25K (8/17)
    $349,000

    5601 Sea Spray Dr, Perdido Key, FL 32507

    3beds
    1,357sqft
    : 
    $2,254/mo
    Get pre-qualified
    SingleFamily
    Built in 1992
    0.41 Acres Lot
    $-- Zestimate®
    $257/sqft
    $-- HOA

    Overview

    This is the property you’ve been waiting for, once in a life time chance. Right at 1/2 acre 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. Launch your kayak or paddleboard in the backyard!! Bonus: To all of the developers out there…both “end of canal” properties could be acquired for the right price. 3 bedroom, 2 full baths, brick house with a matching detached garage, ( Garage has water and sewer connections) with a wide paved driveway facing Innerarity Point road. New Vinyl plank flooring throughout. The entire property is fenced in and has an in-ground irrigation system using well water. There’s also a cement slab for a storage shed in the backyard. No flood insurance needed...around 10 to 15 ft above sea level!! No HOA New roof in 2017 New HVAC, full system replacement and replaced water heater in 2019 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! Make an offer...you just never know...850.261.4424 (Please double check the specs, I'm using info listed on the property tax site)
    118 days
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    3,124
    |
    83
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    Listed by:

    Property Owner (850) 261-4424

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Heat pump, Gas
      Cooling
      • Central
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
      Features
      • Flooring: Other
      • Basement: None
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,357 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Detached
      Features
      • Exterior features: Brick
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      Lot
      • Size: 0.41 Acres
      Details
      • Parcel number: 143S321000130003
      • Zoning: RES SINGLE

      Construction

      Type & style
      • Home type: SingleFamily
      Materials
      • Wood
      • Foundation: Wood
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1992

      Community & HOA

      Location
      • Region: Perdido Key

      Financial & listing details

      • Price per square foot: $257/sqft
      • Tax assessed value: $230,040
      • Annual tax amount: $3,101
      • Date on market: 4/22/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,079/mo

        Price history

        DateEventPrice
        8/17/2026Price change$349,000-6.7%$257/sqft
        Source: Owner Report a problem
        7/27/2026Price change$374,000-2.9%$276/sqft
        Source: Owner Report a problem
        7/9/2026Price change$385,000-3.5%$284/sqft
        Source: PAR #682357 Report a problem
        6/10/2026Price change$399,000-19.2%$294/sqft
        Source: PAR #682357 Report a problem
        5/9/2026Price change$494,000-0.2%$364/sqft
        Source: PAR #682357 Report a problem
        4/22/2026Listed for sale$495,000+147.5%$365/sqft
        Source: Owner Report a problem
        8/21/2018Sold$200,000+2.6%$147/sqft
        Source: PAR #540485 Report a problem
        8/4/2018Listed for sale$194,900$144/sqft
        Source: RE/MAX HORIZONS REALTY #540485 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 32507

        Getting around

        28 / 100
        Car-Dependent
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: HELLEN CARO
        • Middle: BAILEY
        • High: ESCAMBIA

        Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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