Spacious 4 bedroom WATERFRONT TOWNHOME with LARGE ASSIGNED BOATSLIP with DEEP WATER ACCESS at the front gate of NAS in Gated Community of Spinnaker Cove just 10 minutes to downtown Pensacola and Perdido Key. 4 bedrooms with 2.5 bathrooms, this home boasts 2,700 sq feet of living space with a tandem garage that you can pull through with garage doors on both sides. Waterfront living with this square footage with a deeded boatslip at this price per square foot is a rarity. This property has a LOW RATE ASSUMABLE VA LOAN to qualified buyers and also has $25 power bills. YES, that is correct - this home has NEW PAID FOR SOLAR PANELS THAT COST OVER $67,000. Installation of 31 400w Solar Panels, Net Metering Main Service Panel, and Enphase Microinverter in 2023. ALL NEW HEATING AND COOLING SYSTEMS COSTING OVER $23,000 - TWO 2023 2 ton 19 seer Gree HVAC Units for 2nd and 3rd floor of home - 2 Zone High Efficiency Mini-Split System to add AC to the entire bottom floor. This home has upgrades galore! This townhome was renovated in 2021 with brand new kitchen and appliances (new Samsung refrigerator 2024). Washer and Dryer (2021 Samsung) are included. The main living space is perfect for entertaining guests with an open concept of the kitchen, living, and dining area, and balcony with views of Bayou grande and your boat slip with power and water (you can install a lift if you so choose). The wood burning fireplace makes for cozy evenings. Luxury vinyl plank flooring in the living and wet areas and carpet in the bedrooms on the 3rd floor. New 4th bedroom and office area on the bottom floor that is heated and cooled recently added in 2024. All bedrooms on the third floor have their own private balconies. LOW HOA fees make this property a no brainer for those looking for the waterfront lifestyle at a low cost. This prime location offers easy BOATING & FISHING access to the Gulf of Mexico being only a 15 minute ride to the Pensacola Pass. Buyer to verify all information.
For sale
Price cut: $20K (6/10)
$460,000
612 S 1st St APT 24, Perdido Key, FL 32507
4beds
2,700sqft
Townhouse
Built in 1983
1,742 Square Feet Lot
$-- Zestimate®
$170/sqft
$164/mo HOA
What's special
Wood burning fireplace
- 64 days |
- 656 |
- 41 |
Zillow last checked:
Listing updated:
Listed by:
Sadie O'gara 850-619-2732,
Levin Rinke Realty
Source: PAR,MLS#: 681756
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Office
Primary bedroom
- Level: Third
- Area: 368.75
- Dimensions: 14.75 x 25
Bedroom
- Level: Third
- Area: 156
- Dimensions: 13 x 12
Dining room
- Level: Second
- Area: 96
- Dimensions: 12 x 8
Kitchen
- Level: Second
- Area: 192
- Dimensions: 16 x 12
Heating
- Multi Units, Central, Fireplace(s)
Cooling
- Multi Units, Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, ENERGY STAR Qualified Room AC
Appliances
- Included: Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Refrigerator, Self Cleaning Oven, ENERGY STAR Qualified Washer
- Laundry: Inside
Features
- Baseboards, Ceiling Fan(s), Crown Molding, High Speed Internet, Smart Thermostat
- Flooring: Carpet
- Windows: Solar Screens, Drapes, Drapery Rods, Tubular Skylight
- Has basement: No
- Has fireplace: Yes
Interior area
- Total structure area: 2,700
- Total interior livable area: 2,700 sqft
Property
Parking
- Total spaces: 2
- Parking features: 2 Car Garage, 2 Space/Unit, Boat, Front Entrance, Golf Cart Garage, Guest, Parking Lot, Rear Entrance, RV/Boat Parking, Garage Door Opener, Converted Garage
- Garage spaces: 2
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Deck, Patio
- Exterior features: Balcony, Dock, Boat Slip, Boat Slip Utilities
- Pool features: None
- Has view: Yes
- View description: Bayou, Water
- Has water view: Yes
- Water view: Bayou, Water
- Waterfront features: Bayou, Creek/Stream, Waterfront, Beach Access, Deed Access, Natural, Pier, Rip Rap, Beach, Waterfront Deed Access
- Frontage length: Water Frontage(232)
Lot
- Size: 1,742 Square Feet
- Features: Interior Lot
Details
- Parcel number: 512s306046000024
- Zoning description: County,Deed Restrictions,Res Multi
Construction
Type & style
- Home type: Townhouse
- Architectural style: Contemporary, Traditional
- 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, Underground Utilities
Green energy
- Energy efficient items: Insulation, Passive Solar Features
- Energy generation: Solar
- Water conservation: High Efficiency Toilet(s)
Community & HOA
Community
- Features: Dock, Fishing, Gated, Marina, Picnic Area, Pier, Sidewalks
- Security: Security System, Smoke Detector(s)
- Subdivision: Spinnaker Cove
HOA
- Has HOA: Yes
- Services included: Association, Deed Restrictions, Maintenance Grounds, Management
- HOA fee: $1,962 annually
Location
- Region: Perdido Key
Financial & listing details
- Price per square foot: $170/sqft
- Tax assessed value: $333,925
- Annual tax amount: $3,864
- Price range: $460K - $460K
- Date on market: 4/29/2026
- Cumulative days on market: 64 days
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Price change | $460,000-4.2%$170/sqft |
Source: | ||
| 4/29/2026 | Listed for sale | $480,000-6.8%$178/sqft |
Source: | ||
| 10/26/2025 | Listing removed | $2,950$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/25/2025 | Listed for rent | $2,950+5.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/13/2024 | Listing removed | $2,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/3/2024 | Listed for rent | $2,800-30%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/1/2024 | Listing removed | -- |
Source: | ||
| 6/23/2024 | Listed for sale | $515,000-14.2%$191/sqft |
Source: | ||
| 6/16/2024 | Listing removed | -- |
Source: | ||
| 5/28/2024 | Listed for sale | $600,000+78.6%$222/sqft |
Source: | ||
| 4/4/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/5/2024 | Listed for rent | $4,000+233.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/11/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 9/10/2022 | Price change | $1,200-50% |
Source: Zillow Rental Manager Report a problem | ||
| 8/9/2022 | Listed for rent | $2,400$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 7/16/2021 | Sold | $336,000-5.2%$124/sqft |
Source: | ||
| 5/11/2021 | Price change | $354,500-1.4%$131/sqft |
Source: | ||
| 3/2/2021 | Price change | $359,500-2.2%$133/sqft |
Source: | ||
| 1/27/2021 | Price change | $367,500-0.6%$136/sqft |
Source: | ||
| 1/12/2021 | Price change | $369,900-1.3%$137/sqft |
Source: COTTON REAL ESTATE #581363 Report a problem | ||
| 12/23/2020 | Price change | $374,900-1.3%$139/sqft |
Source: COTTON REAL ESTATE #581363 Report a problem | ||
| 12/3/2020 | Price change | $379,900-2.6%$141/sqft |
Source: COTTON REAL ESTATE #581363 Report a problem | ||
| 11/20/2020 | Listed for sale | $389,900+137.6%$144/sqft |
Source: COTTON REAL ESTATE #581363 Report a problem | ||
| 12/31/2019 | Sold | $164,100-29.3%$61/sqft |
Source: Public Record Report a problem | ||
| 8/8/2006 | Sold | $232,000$86/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,864 +0.7% | $333,925 +4.3% |
| 2023 | $3,836 +6.4% | $320,075 +23.2% |
| 2022 | $3,605 +25.1% | $259,730 +30.5% |
| 2021 | $2,882 +9.9% | $199,102 +8.5% |
| 2020 | $2,624 +76% | $183,430 -13.8% |
| 2019 | $1,491 | $212,833 +51.2% |
| 2018 | $1,491 +0.4% | $140,745 +2.1% |
| 2017 | $1,486 +0.5% | $137,851 +2.1% |
| 2016 | $1,478 +1% | $135,016 |
| 2015 | $1,463 | $135,016 |
| 2014 | $1,463 | $135,016 -2.4% |
| 2013 | -- | $138,315 +1.7% |
| 2012 | -- | $136,003 -7.3% |
| 2011 | -- | $146,645 -15.4% |
| 2010 | -- | $173,254 -2.6% |
| 2009 | -- | $177,883 +0.1% |
| 2008 | -- | $177,706 -5.8% |
| 2007 | -- | $188,670 +13.6% |
| 2006 | -- | $166,060 +36.3% |
| 2005 | -- | $121,790 |
| 2004 | -- | $121,790 +4.5% |
| 2003 | -- | $116,600 |
| 2002 | -- | $116,600 |
| 2001 | -- | $116,600 +8.1% |
| 2000 | -- | $107,880 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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 24




