$299,400

Estimated payment $2,383/month

Total Views 970
1 Bed
1 Bath
697 Sq Ft
$430 Price per Sq Ft

Highlights

  • In Ground Pool
  • 7.38 Acre Lot
  • Elevator
  • Updated Kitchen
  • Contemporary Architecture
  • Interior Lot

About This Home

Welcome to Grand Caribbean Resort in Perdido Key — an exceptional opportunity for investors seeking both strong short-term rental income and a personal retreat on the coast. This fully furnished, turnkey condo sits in a low-density, gated community that proudly allows nightly rentals, offering the flexibility to earn when you’re not using it and enjoy it yourself whenever you choose. The unit is ideally situated with direct access to the pool, making it an instant favorite among guests and families. It currently sleeps six comfortably with a queen bed in the primary bedroom and a built-in bunk alcove in the hallway, and a sleeper sofa. The Grand Caribbean community is beautifully maintained and loaded with amenities that vacationers love, including elevator access, a seasonally heated pool, hot tub, BBQ and picnic area, and a pavilion overlooking a tranquil freshwater pond. The location is second to none — just minutes from the sugar-white sand and emerald-green waters of the Gulf, as well as local dining, shopping, and everyday conveniences like Publix and Walmart. Guests and owners alike will enjoy easy access to outdoor recreation at Johnson Beach and the Gulf Islands National Seashore, both just a short walk or bike ride away. Whether you’re looking to generate consistent rental income, offset your expenses with seasonal bookings, or simply have your own beach escape during the winter months, this condo offers the perfect combination of financial return and lifestyle enjoyment. Opportunities like this in short-term rental–friendly communities rarely come along — secure your slice of Perdido Key paradise today.

Listing Agent

DYLAN WILLIAMS

1st Class Real Estate Panhandle Listed on: 11/07/2025

1st Class Real Estate Panhandle

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,315

Year Built

  • Built in 1996

HOA Fees

  • $529 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 697 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Pleasant Grove Elementary School
  • Bailey Middle School
  • Escambia High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater

Additional Features

  • Energy-Efficient Insulation
  • In Ground Pool

Listing and Financial Details

  • Assessor Parcel Number 353S323000104001

Community Details

Overview

  • Association fees include maintenance, pest control, trash, water/sewer
  • Grand Caribbean At Perdido Key Subdivision

Amenities

  • Picnic Area
  • Elevator

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,315

Year Built

Built in 1996

Lot Details

0

HOA Fees

$529 per month

Listing Details

  • Parcel Number: 353S323000104001
  • Property Type: Residential
  • Year Built: 1996
  • Electric: Circuit Breakers
  • Property Sub Type: Condo
  • Horses: No
  • Lot Size Acres: 7.38
  • Subdivision Name: Grand Caribbean At Perdido Key
  • Directions: Perdido Key Drive to Johnson Beach, immediate right on Sandy Key Dr and left to gate at Grand Caribbean West
  • Architectural Style: Contemporary
  • Building Name: Grand Caribbean
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Ground Floor
  • New Construction: No
  • Efficiency: Insulation, Insulated Walls
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Living Area: 697
  • Window Features: Double Pane Windows
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Breakfast Bar
  • Room Kitchen Features: Updated

Exterior Features

  • Roof: Metal
  • Lot Features: Interior Lot
  • Pool Features: In Ground
  • Construction Type: Frame
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool, Elevator, Picnic Area, Sidewalks
  • Association Fee: 6348
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Association, Maintenance, Pest Control, Trash, Water/Sewer

Schools

  • Elementary School: Pleasant Grove
  • High School: Escambia
  • Middle Or Junior School: BAILEY

Lot Info

  • Lot Size Sq Ft: 321472.8
  • Zoning Description: Res Multi

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,315 $268,345 -- $268,345
2023 $3,315 $240,465 $0 $240,465
2022 $3,160 $226,525 $0 $226,525
2021 $835 $51,229 $0 $0
2020 $2,202 $163,795 $0 $0
2019 $2,120 $163,795 $0 $0
2018 $2,009 $153,340 $0 $0
2017 $1,673 $108,000 $0 $0
2016 $1,583 $100,000 $0 $0
2015 $1,470 $92,500 $0 $0
2014 -- $85,750 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2025 11/07/25 For Sale $299,400 +0.1% $430 / Sq Ft
04/01/2024 04/01/24 Sold $299,000 -3.5% $429 / Sq Ft View Prior Sale
03/30/2024 03/30/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $310,000 +3.7% $445 / Sq Ft
11/28/2023 11/28/23 Off Market $299,000 -- --
11/15/2023 11/15/23 For Sale $310,000 +27.3% $445 / Sq Ft
06/21/2021 06/21/21 Sold $243,500 -4.5% $349 / Sq Ft View Prior Sale
05/05/2021 05/05/21 For Sale $255,000 +13.6% $366 / Sq Ft
02/19/2021 02/19/21 Sold $224,500 0.0% $322 / Sq Ft View Prior Sale
02/07/2021 02/07/21 Pending -- -- --
09/04/2020 09/04/20 For Sale $224,500 +78.6% $322 / Sq Ft
04/24/2015 04/24/15 Sold $125,700 0.0% $180 / Sq Ft View Prior Sale
03/25/2015 03/25/15 Pending -- -- --
10/10/2014 10/10/14 For Sale $125,700 -- $180 / Sq Ft
Source: Pensacola Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $299,000 Foundation Title & Escrow Seri
Warranty Deed $243,500 Emerald Coast Title Inc
Warranty Deed $224,500 Attorney
Quit Claim Deed -- None Available
Warranty Deed $125,700 Attorney
Warranty Deed $123,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $239,200 New Conventional
Previous Owner $182,625 New Conventional
Previous Owner $99,100 No Value Available
Source: Public Records

Source: Pensacola Association of REALTORS®

MLS Number: 673489

Pensacola Association of REALTORS®

APN: 35-3S-32-3000-104-001