Located in the gated waterfront community of Spinnaker Cove, this spacious three-bedroom, two-and-a-half-bath townhome offers approximately 2,200 square feet of comfortable coastal living along scenic Bayou Grande. Residents have access to a community dock with 38 boat slips, including power and water service and protected depths of approximately four to ten feet, providing convenient access to Pensacola Bay and the Gulf beyond. The surrounding environment is equally shaped by nature, with nearby Ann’s Bayou creating a natural buffer and attracting heron, osprey, and other coastal wildlife. Inside, please note that all furnishings will convey at Buyer's discretion. Features include an open living and dining area, two wood-burning fireplaces located in both the living room and primary suite, and water views from balconies off the living room and primary bedroom. The primary suite includes a sitting area, oversized tub, dressing space, and separate water closet. All bedrooms are located on the upper level, while a convenient half bath is positioned on the main floor and the laundry area sits just off the dining space. Recent updates include New impact-rated storm windows and sliding doors (28K), updated HVAC, water heater, refrigerator, carpet, and a roof installed in 2022, offering added confidence for future ownership. The oversized two-car garage is designed as a pass-through with doors at both the front and rear of the townhome, allowing for generous storage and flexible use. Low monthly HOA dues of $155 cover grounds maintenance as well as water and power at the dock and slips. Opportunities for boating, kayaking, and coastal recreation are close at hand, along with seasonal Blue Angels airshows overhead and convenient access to downtown Pensacola, Perdido Key, and the Gulf of Mexico. Offered at $535,000, this property is well suited for a primary residence, second home, or short-term rental investment within one of Pensacola’s established waterfront communities.
For sale
Price cut: $25.5K (6/10)
$483,888
612 S 1st St APT 20, Perdido Key, FL 32507
3beds
2,200sqft
Townhouse
Built in 1983
1,785 Square Feet Lot
$-- Zestimate®
$220/sqft
$155/mo HOA
What's special
Spacious three-bedroom two-and-a-half-bath townhome
- 134 days |
- 399 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
John Douglas 850-324-3655,
Allison James Estates & Home
Source: PAR,MLS#: 677847
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: Third
- Area: 337.5
- Dimensions: 25 x 13.5
Bedroom
- Level: Third
- Area: 180.04
- Dimensions: 14.5 x 12.42
Bedroom 1
- Level: Third
- Area: 180.04
- Dimensions: 14.5 x 12.42
Bathroom
- Level: Third
- Area: 62.08
- Dimensions: 12.42 x 5
Bathroom 1
- Level: Second
- Area: 32.92
- Dimensions: 6.58 x 5
Dining room
- Level: Second
- Area: 288
- Dimensions: 16 x 18
Kitchen
- Level: Second
- Area: 99
- Dimensions: 11 x 9
Living room
- Level: Second
- Area: 300
- Dimensions: 12 x 25
Heating
- Multi Units, Central, Fireplace(s)
Cooling
- Multi Units, Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Water Heater, Built In Microwave, Dishwasher, Refrigerator
- Laundry: Inside, W/D Hookups
Features
- Storage, Ceiling Fan(s), Crown Molding, High Ceilings, Recessed Lighting
- Flooring: Hardwood, Tile, Carpet
- Windows: Storm Window(s), Blinds
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Two or More
Interior area
- Total structure area: 2,200
- Total interior livable area: 2,200 sqft
Property
Parking
- Total spaces: 2
- Parking features: 2 Car Garage, Front Entrance, Guest, Parking Lot, Rear Entrance
- Garage spaces: 2
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Covered, Deck, Patio, Covered Deck
- Exterior features: Rain Gutters, Dock, Boat Slip, Boat Slip Utilities
- Pool features: None
- Has view: Yes
- View description: Bay, Bayou, Water
- Has water view: Yes
- Water view: Bay, Bayou, Water
- Waterfront features: Bay, Bayou, Block/Seawall, Boat Lift, Pier, Rip Rap, Waterfront Deed Access
Lot
- Size: 1,785 Square Feet
- Features: Interior Lot
Details
- Parcel number: 512s306046000020
- Zoning description: County,Res Multi,Res Single
Construction
Type & style
- Home type: Townhouse
- Architectural style: Contemporary
- Property subtype: Townhouse
- Attached to another structure: Yes
Materials
- Frame
- Foundation: Slab
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1983
Utilities & green energy
- Electric: Circuit Breakers, Copper Wiring
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Green energy
- Energy efficient items: Insulation, Insulated Walls
Community & HOA
Community
- Features: Dock, Fishing, Gated, Pier
- Security: Smoke Detector(s)
- Subdivision: Spinnaker Cove
HOA
- Has HOA: Yes
- Services included: Association, Deed Restrictions, Maintenance Grounds
- HOA fee: $1,860 annually
Location
- Region: Perdido Key
Financial & listing details
- Price per square foot: $220/sqft
- Tax assessed value: $366,812
- Annual tax amount: $4,870
- Price range: $483.9K - $483.9K
- Date on market: 2/18/2026
- Cumulative days on market: 132 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Price change | $483,888-5%$220/sqft |
Source:  PAR #677847 Report a problem | ||
| 5/21/2026 | Price change | $509,360-4.8%$232/sqft |
Source: PAR #677847 Report a problem | ||
| 3/19/2026 | Listed for sale | $535,000$243/sqft |
Source: PAR #677847 Report a problem | ||
| 2/20/2026 | Contingent | $535,000$243/sqft |
Source: PAR #677847 Report a problem | ||
| 2/18/2026 | Listed for sale | $535,000+20.4%$243/sqft |
Source: PAR #677847 Report a problem | ||
| 2/18/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/27/2023 | Listed for rent | $2,600+38.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/9/2023 | Sold | $444,500-5.4%$202/sqft |
Source: PAR #617093 Report a problem | ||
| 1/3/2023 | Pending sale | $470,000$214/sqft |
Source: PAR #617093 Report a problem | ||
| 12/31/2022 | Listing removed | -- |
Source: PAR #617093 Report a problem | ||
| 12/2/2022 | Listing removed | -- |
Source: PAR #617093 Report a problem | ||
| 10/17/2022 | Price change | $470,000-3.1%$214/sqft |
Source: PAR #617093 Report a problem | ||
| 10/6/2022 | Listed for sale | $485,000+10.2%$220/sqft |
Source: PAR #617093 Report a problem | ||
| 10/5/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/19/2022 | Listed for sale | $440,000$200/sqft |
Source: Owner Report a problem | ||
| 7/4/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/2/2022 | Pending sale | $440,000$200/sqft |
Source: Owner Report a problem | ||
| 6/22/2022 | Listed for sale | $440,000+137.8%$200/sqft |
Source: Owner Report a problem | ||
| 2/26/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/24/2020 | Listing removed | $1,875$1/sqft |
Source: Owner Report a problem | ||
| 6/20/2020 | Listed for rent | $1,875+4.2%$1/sqft |
Source: Owner Report a problem | ||
| 10/7/2018 | Listing removed | $1,800$1/sqft |
Source: Owner Report a problem | ||
| 10/2/2018 | Listed for rent | $1,800$1/sqft |
Source: Owner Report a problem | ||
| 4/27/2012 | Sold | $185,000-7.5%$84/sqft |
Source: PAR #387859 Report a problem | ||
| 12/17/2011 | Listed for sale | $199,900$91/sqft |
Source: TERN KEY REALTY & RENTALS, LLC #387859 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,870 +30.6% | $366,812 +14.6% |
| 2023 | $3,728 +13.9% | $320,075 +23.2% |
| 2022 | $3,274 +13.6% | $259,730 +30.5% |
| 2021 | $2,882 +9.9% | $199,102 +8.5% |
| 2020 | $2,624 -13.9% | $183,430 -13.8% |
| 2019 | $3,049 | $212,833 +102.4% |
| 2018 | $3,049 +188.5% | $105,173 +2.1% |
| 2017 | $1,057 +0.6% | $103,010 +2.1% |
| 2016 | $1,051 +1.1% | $100,892 +0.7% |
| 2015 | $1,039 | $100,191 +0.8% |
| 2014 | $1,039 | $99,396 -31.4% |
| 2013 | -- | $144,925 +6.6% |
| 2012 | -- | $136,003 -7.3% |
| 2011 | -- | $146,645 -15.4% |
| 2010 | -- | $173,254 -2.9% |
| 2009 | -- | $178,495 +0.4% |
| 2008 | -- | $177,706 +58.6% |
| 2007 | -- | $112,040 +2.5% |
| 2006 | -- | $109,310 +3% |
| 2005 | -- | $106,130 +3% |
| 2004 | -- | $103,040 +1.9% |
| 2003 | -- | $101,120 +2.4% |
| 2002 | -- | $98,750 +1.6% |
| 2001 | -- | $97,190 +3% |
| 2000 | -- | $94,360 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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
- 4/10Warrington Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 2/10Warrington Middle SchoolGrades: 6-8Distance: 2.1 mi
- 4/10Pensacola High SchoolGrades: 9-12Distance: 5.1 mi
Schools provided by the listing agent
- Elementary: Warrington Elementary
- Middle: WARRINGTON
- High: Pensacola
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
- 612 S 1st St Apartment 20
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