Best value on the coast for a deep water, southern exposure, Intercoastal front lot, on a cul-de-sac with a white sand beach is located behind the gates of Innerarity Island, and ready for your waterfront oasis. Just minutes by boat to Alabama Pass, the Gulf of Mexico, and great restaurants and bars (FloraBama, Pirate's Cove, Hub Stacy's...). Per covenants- the home building setback from the water can be in-line with the existing neighboring homes. The culvert at the street would take water north under the road during a weather event- great drainage feature. Owner financing considered with $200K down.
Lot/land
$595,000
5870 Red Cedar St, Perdido Key, FL 32507
--beds
--baths
0.3Acres
Unimproved Land
Built in ----
0.3 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
On a cul-de-sacGreat drainage featureWhite sand beach
- 286 days
- 160
- 15
Zillow last checked:
Listing updated:
Listed by:
Michael Whitner 850-341-6803,
RE/MAX GULF PROPERTIES
Source: PAR,MLS#: 674932
Facts & features
Interior
Features
- Has basement: No
Property
Features
- Has view: Yes
- On waterfront: Yes
- Waterfront features: Waterfront, Beach Access
- Frontage length: Water Frontage(90)
Lot
- Size: 0.3 Acres
- Dimensions: 90x143
- Features: Cul-De-Sac
- Topography: Level
Details
- Parcel number: 153s322001007005
- Zoning description: Res Single
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Gated, Pavilion/Gazebo, Picnic Area, Tennis Court(s)
- Subdivision: Innerarity Island
HOA
- Has HOA: Yes
- Services included: Association
Location
- Region: Perdido Key
Financial & listing details
- Tax assessed value: $300,000
- Annual tax amount: $3,803
- Price range: $595K - $595K
- Date on market: 12/15/2025
- Cumulative days on market: 1867 days
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Price change | $595,000+15.5% |
Source: | ||
| 12/15/2025 | Listed for sale | $515,000 |
Source: | ||
| 12/7/2025 | Listing removed | $515,000 |
Source: | ||
| 3/27/2025 | Price change | $515,000+8.4% |
Source: | ||
| 8/8/2023 | Price change | $475,000-4.8% |
Source: | ||
| 6/7/2022 | Price change | $499,000-2.2% |
Source: | ||
| 10/29/2021 | Price change | $510,000-5% |
Source: | ||
| 10/27/2021 | Pending sale | $537,000 |
Source: | ||
| 6/30/2021 | Listed for sale | $537,000+133.6% |
Source: | ||
| 1/8/2002 | Sold | $229,900 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,803 +2.2% | $300,000 |
| 2023 | $3,722 +21.2% | $300,000 +50% |
| 2022 | $3,071 -4.6% | $200,000 |
| 2021 | $3,220 +20.1% | $200,000 |
| 2020 | $2,681 +6.8% | $200,000 +14.3% |
| 2019 | $2,511 | $175,000 |
| 2018 | $2,511 -1.9% | $175,000 |
| 2017 | $2,560 -2.1% | $175,000 |
| 2016 | $2,614 -1.6% | $175,000 |
| 2015 | $2,657 | $175,000 |
| 2014 | $2,657 | $175,000 |
| 2013 | -- | $175,000 |
| 2012 | -- | $175,000 -7.9% |
| 2011 | -- | $190,000 |
| 2010 | -- | $190,000 -37.5% |
| 2009 | -- | $304,000 -14.7% |
| 2008 | -- | $356,250 -25% |
| 2007 | -- | $475,000 -5% |
| 2006 | -- | $500,000 +119.3% |
| 2005 | -- | $228,000 |
| 2004 | -- | $228,000 |
| 2003 | -- | $228,000 +14% |
| 2002 | -- | $200,000 +25% |
| 2001 | -- | $160,000 |
| 2000 | -- | $160,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 32507
Nearby schools
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.





