COME HOME TO BREATHTAKING, PANORAMIC VIEWS OVERLOOKING OLE RIVER AND ONO ISLAND FROM THIS 5TH FLOOR 2BR/2BA RIVERSIDE CONDO AT SHIPWATCH! ENJOY EASY BEACH ACCESS DIRECTLY ACROSS THE STREET ALONG WITH FULL BOATING FACILITIES….This FURNISHED residence features low-maintenance porcelain tile flooring throughout and warm, inviting barnwood accents. Relax and enjoy the boats go by from your extra-large balcony with over 230 sf. of outdoor living space. The spacious living room features a corner fireplace and those who love to cook will appreciate the open concept kitchen with spacious island, natural wood cabinetry, stainless appliances, granite countertops, and eat-in-bar. The primary bedroom, with en-suite bath, has a large walk-in closet and easy access to the riverside balcony. New HVAC System installed 2023/2024 and freshly painted in 2024! Shipwatch owners enjoy the best of both worlds with uncrowded beaches PLUS boat launch, boat storage and first-come, first-serve boat slips on the deep waters of Ole River. You also have plenty of room to store your beach, pool and boating supplies with two owner storage closets. Shipwatch has one of the strongest Homeowner Associations on the island and has excellent on-site management and maintenance staff. Other great amenities include two pools (Gulf and Riverfront), two clubhouses (Gulf and Riverfront - great for family gatherings), tennis courts, 2 brand new pickleball courts, fitness room, sauna, and indoor hot tub. RELAX AND WELCOME HOME TO LAID-BACK ISLAND LIFE!
Sold for $548,000
Zestimate®
$548,000
16787 Perdido Key Dr APT E504, Perdido Key, FL 32507
2beds
1,116sqft
Condominium
Built in 1984
-- sqft lot
$548,000 Zestimate®
$491/sqft
$1,519 Estimated rent
Home value
$548,000
$521,000 - $581,000
$1,519/mo
Zestimate® history
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: March 03, 2026 at 02:48pm
Listed by:
Katherine Justice 850-712-4631,
Levin Rinke Realty
Bought with:
Jason Caddell
Hurd Real Estate & Company LLC
Source: PAR,MLS#: 660326
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: First
- Area: 132
- Dimensions: 11 x 12
Kitchen
- Level: First
- Area: 121
- Dimensions: 11 x 11
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Disposal, Refrigerator
- Laundry: W/D Hookups
Features
- Bar, Ceiling Fan(s), High Speed Internet
- Flooring: Tile
- Has basement: No
Interior area
- Total structure area: 1,116
- Total interior livable area: 1,116 sqft
Property
Parking
- Parking features: Parking Lot, RV/Boat Parking
Features
- Levels: 8 or More Story
- Exterior features: Balcony, Dock, Boat Slip
- Has private pool: Yes
- Pool features: In Ground, Community
- Has view: Yes
- Waterfront features: Intracoastal Waterway, Waterfront, Beach Access, Boat Launch, Natural, Pier, Beach, Waterfront Deed Access
Lot
- Size: 10.04 Acres
Details
- Parcel number: 014s331100504005
- Zoning description: County,Res Multi
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Condominium
Materials
- Concrete
- Foundation: Pillar/Post/Pier
- Roof: Built-Up
Condition
- Resale
- New construction: No
- Year built: 1984
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Community Room, Dock, Elevator, Fitness Center, Fishing, Handball Court, Pavilion/Gazebo, Pier, Steam Room, Tennis Court(s)
Location
- Region: Perdido Key
- Subdivision: Shipwatch Surf & Yacht Club
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $11,963 annually
- Services included: Association, Cable TV, Maintenance Grounds, Insurance, Maintenance, Management, Pest Control, Recreation Facility, Trash, Water/Sewer
Other
Other facts
- Price range: $548K - $548K
Price history
| Date | Event | Price |
|---|---|---|
| 3/3/2026 | Sold | $548,000-0.4%$491/sqft |
Source:  PAR #660326 Report a problem | ||
| 2/4/2026 | Pending sale | $550,000$493/sqft |
Source:  Baldwin Realtors #375342 Report a problem | ||
| 1/31/2026 | Contingent | $550,000$493/sqft |
Source: PAR #660326 Report a problem | ||
| 11/19/2025 | Price change | $550,000-2.7%$493/sqft |
Source: Baldwin Realtors #375342 Report a problem | ||
| 3/7/2025 | Listed for sale | $565,000+12.2%$506/sqft |
Source: PAR #660326 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,971 +8.6% | $451,980 |
| 2023 | $5,500 +9.6% | $451,980 +12.5% |
| 2022 | $5,018 +69.9% | $401,760 +96.7% |
Find assessor info on the county website
Neighborhood: 32507
Nearby schools
GreatSchools rating
- 7/10Hellen Caro Elementary SchoolGrades: PK-5Distance: 7.3 mi
- 5/10Jim C. Bailey Middle SchoolGrades: 6-8Distance: 7.5 mi
- 3/10Escambia High SchoolGrades: 9-12Distance: 15.9 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.
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$548,000
2% more
+$10,960
With Zillow Showcase(estimated)
$558,960
- Florida
- Escambia County
- Pensacola
- 32507
- 16787 Perdido Key Dr Apartment E504