A beautiful and unique waterfront retreat in the heart of Perdido Key—where coastal charm meets effortless investment potential. (Rental history available). This stunning two-story, fully furnished residential detached river house is perfectly positioned on Old River, directly across the street from the famous sugar-white sands of the Florida Gulf Coast!. Inside, the home is designed to impress with breathtaking architectural details, including solid oak staircases, rich hardwood floors, and soaring vaulted oak wood ceilings that create an open, airy feel. Cozy up by one of the built-in fireplaces in the great room or the spacious primary bedroom, offering comfort and elegance year-round. Enjoy coastal living at its finest with private balconies on each side, sunrise coffee or sunset cocktails with water views. This exclusive five-unit waterfront community offers a serene, private setting with a beautiful inground pool overlooking Old River, giving you resort-style relaxation without the crowds. Boaters will love the convenience of the private community dock with boat slip included on Old River (one per unit). additional guest slips available Large, separate enclosed garage—ideal for boat dry storage, additional vehicle, or storage needs. All these amenities included in one association fee per month, which covers all the common areas of the community including each unit's metal roofs, window shutters, management, and property maintenance
For sale
Price cut: $76K (2/26)
$1,099,000
16604 Perdido Key Dr Unit 2, Perdido Key, FL 32507
4beds
3,556sqft
Est.:
Single Family Residence
Built in 2021
1.14 Acres Lot
$-- Zestimate®
$309/sqft
$1,495/mo HOA
What's special
Fully furnishedBuilt-in fireplacesLarge separate enclosed garageMetal roofsSolid oak staircasesWater viewsRich hardwood floors
- 63 days |
- 882 |
- 35 |
Zillow last checked: 7 hours ago
Listing updated: March 27, 2026 at 04:54am
Listed by:
Cathi Oursler 850-393-9487,
Levin Rinke Realty
Source: PAR,MLS#: 676832
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Bedroom
- Level: Second
- Area: 187
- Dimensions: 11 x 17
Bedroom 1
- Level: Second
- Area: 247
- Dimensions: 19 x 13
Kitchen
- Level: First
- Area: 462
- Dimensions: 22 x 21
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Water Heater, Dryer, Washer, Wine Cooler, Built In Microwave, Dishwasher, Disposal, Refrigerator
- Laundry: Inside, W/D Hookups
Features
- Storage, Bar, Bookcases, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, High Ceilings, High Speed Internet, Recessed Lighting, Vaulted Ceiling(s), Wet Bar
- Flooring: Hardwood, Tile
- Doors: Insulated Doors, Storm Door(s)
- Windows: Double Pane Windows, Storm Window(s), Blinds, Drapes, Shutters
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Two or More
Interior area
- Total structure area: 3,556
- Total interior livable area: 3,556 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage, 3 Car Carport, Boat, Covered, Detached, Golf Cart Garage, Guest, Oversized, RV/Boat Parking
- Garage spaces: 1
- Carport spaces: 3
- Covered spaces: 4
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Patio
- Exterior features: Balcony, Barbecue, Outdoor Kitchen, Dock, Boat Slip
- Has private pool: Yes
- Pool features: Gunite, In Ground, Community
- Has view: Yes
- View description: River, Water
- Has water view: Yes
- Water view: River, Water
- Waterfront features: Intracoastal Waterway, River Front, Beach Access, Deed Access, Natural, Pier, Beach, Waterfront Deed Access
Lot
- Size: 1.14 Acres
- Dimensions: 100x770
- Features: Central Access, Interior Lot
Details
- Parcel number: 064s322101000002
- Zoning description: Res Multi
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary, Cottage
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Pillar/Post/Pier
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 2021
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 Floors, Insulated Walls
Community & HOA
Community
- Features: Dock, Fishing, Gated, Pier
- Security: Smoke Detector(s)
- Subdivision: Mallory Square North
HOA
- Has HOA: Yes
- Services included: Association, Deed Restrictions, Maintenance Grounds, Insurance, Management, Pest Control, Trash
- HOA fee: $17,940 annually
Location
- Region: Perdido Key
Financial & listing details
- Price per square foot: $309/sqft
- Tax assessed value: $960,120
- Annual tax amount: $13,310
- Price range: $1.1M - $1.1M
- Date on market: 1/29/2026
- Cumulative days on market: 64 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/26/2026 | Price change | $1,099,000-6.5%$309/sqft |
Source: | ||
| 1/29/2026 | Listed for sale | $1,175,000+8.8%$330/sqft |
Source: | ||
| 11/16/2023 | Listing removed | -- |
Source: | ||
| 5/18/2022 | Sold | $1,080,000-1.7%$304/sqft |
Source: | ||
| 4/22/2022 | Listed for sale | $1,099,000+20.1%$309/sqft |
Source: | ||
| 11/15/2021 | Sold | $915,000-1.1%$257/sqft |
Source: | ||
| 8/24/2020 | Listed for sale | $925,000$260/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $13,310 -2.3% | $960,120 |
| 2023 | $13,628 +10.4% | $960,120 +12.3% |
| 2022 | $12,347 | $855,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$8,208/mo
Principal & interest
$5458
HOA Fees
$1495
Property taxes
$1255
More affordability tools
Climate risks
Neighborhood: 32507
Nearby schools
GreatSchools rating
- 7/10Hellen Caro Elementary SchoolGrades: PK-5Distance: 7 mi
- 5/10Jim C. Bailey Middle SchoolGrades: 6-8Distance: 7.1 mi
- 3/10Escambia High SchoolGrades: 9-12Distance: 15.5 mi
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.
Local experts in 32507
- Florida
- Escambia County
- Pensacola
- 32507
- 16604 Perdido Key Dr Unit 2



