$635,000
Total Views 4,843
2 Beds
2 Baths
1,310 Sq Ft
$485 Price per Sq Ft

Highlights

  • Beach
  • Fitness Center
  • Updated Kitchen
  • Property fronts gulf or ocean
  • Heated In Ground Pool
  • 4.12 Acre Lot

About This Home

Rent-ready Gulf-front living with spectacular views! This beautifully updated 2BR/2BA residence features a clean, coastal aesthetic with neutral luxury vinyl plank flooring & paint colors throughout—ideal for a primary beach home or income-producing rental. Unit 1603 conveys fully furnished & is already established in a rental program. Enjoy breathtaking views of Perdido Key’s sugar-white sands and blue-green Gulf waters, along with sensational sunsets, from the open-concept living, dining, & kitchen areas as well as the primary bedroom. Floor-to-ceiling windows and glass doors along the Gulf side flood the residence with natural light and frame the coastal scenery. The well-appointed kitchen offers granite countertops, white cabinetry, an undermount stainless sink, pantry, and a breakfast bar that seats four, while the dining table seats six. Step out onto the Gulf-front balcony from the living room to relax, watch boats and wildlife, and take in the sights and sounds of the waves. The spacious primary suite is a serene retreat with balcony access, a large walk-in closet, and a spa-style bath featuring dual granite vanities, a private water closet, soaking tub, and separate glass shower. The guest bedroom is conveniently located near a full hall bath. A stacked washer and dryer convey, along with two interior owner’s closets and an exterior storage closet located just outside the front door. Palacio offers an impressive array of amenities including two beachfront pools (one heated seasonally, hot tub, two lighted tennis courts, fitness center, grilling area, large community room, and covered owner-only parking. Adjacent to Villagio, the location provides easy walking access to popular restaurants, coffee shops, ice cream, spa services, & shopping. Gulf Islands National Seashore, NAS Pensacola, the National Naval Aviation Museum, recreational paths, additional dining & shopping are nearby. A highly sought after building for investment and residence. View today!

Listing Agent

Kelley Thompson

Levin Rinke Realty Brokerage Email: kelley@coastalhomehunt.com Listed on: 01/28/2026

Levin Rinke Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2001

HOA Fees

  • $1,249 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Floor Insulation
  • Built-Up Roof
  • Concrete Siding
  • Steel Siding

Interior Spaces

  • 1,310 Sq Ft Home
  • Multi-Level Property
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Updated Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Covered Parking
  • Parking Lot

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Gunite Pool

Outdoor Features

  • Balcony
  • Gazebo

Schools

  • Hellen Caro Elementary School
  • Bailey Middle School
  • Escambia High School

Utilities

  • Central Heating and Cooling System
  • Baseboard Heating
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Energy-Efficient Insulation

Listing and Financial Details

  • Assessor Parcel Number 353S324200000091

Community Details

Overview

  • Association fees include deed restrictions, ground maintenance, insurance, management, pest control, recreation facility, trash, water/sewer
  • Palacio Subdivision

Recreation

  • Beach
  • Community Spa

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2001

Lot Details

4.12 Acres

HOA Fees

$1,249 per month

Listing Details

  • Parcel Number: 353S324200000091
  • Property Type: Residential
  • Year Built: 2001
  • Electric: Circuit Breakers
  • Property Sub Type: Condo
  • Horses: No
  • Lot Size Acres: 4.12
  • Road Surface Type: Paved
  • Subdivision Name: Palacio
  • Directions: Approximately 3/4 mile south of the Baars Bridge on Perdido Key Drive. Palacio is between Indigo and Perdido Sun, directly on the Gulf
  • Architectural Style: Contemporary
  • Building Name: Palacio At Perdido
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 8 or More Story
  • New Construction: No
  • Efficiency: Insulation, Insulated Floors, Insulated Walls
  • Kitchen Level: First
  • Attribution Contact: kelley@coastalhomehunt.com
  • Special Features: None

Interior Features

  • Spa Features: Heated, Community
  • Private Spa: Yes
  • Appliances: Electric Water Heater, Dryer, Washer, Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Baseboards, Ceiling Fan(s), Crown Molding, High Ceilings, High Speed Internet
  • Living Area: 1310
  • Window Features: Double Pane Windows, Blinds, Drapes, Drapery Rods
  • Bedroom/Bathroom Features: Updated
  • Dining Room Features: Living/Dining Combo
  • Room Kitchen Features: Updated, Granite Counters, Pantry

Exterior Features

  • Roof: Built-Up
  • Pool Features: Gunite, Heated, In Ground
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Waterfront, Beach Access
  • Waterfront: Yes
  • Construction Type: Concrete, Steel
  • Exterior Features: Balcony, Tennis Court(s)
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Covered, Parking Lot

Utilities

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Laundry Features: Inside
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Beach, Pool, Elevator, Fitness Center, Pavilion/Gazebo, Sidewalks, Tennis Court(s)
  • Association Fee: 14988
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Association, Deed Restrictions, Maintenance Grounds, Insurance, Management, Pest Control, Recreation Facility, Trash, Water/Sewer

Schools

  • Elementary School: Hellen Caro
  • High School: Escambia
  • Middle Or Junior School: BAILEY

Lot Info

  • Lot Size Sq Ft: 179467.2
  • Zoning Description: Res Multi

Map

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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
2025 $7,000 $569,850 -- $569,850
2024 $6,677 $569,850 -- $569,850
2023 $6,677 $462,377 $0 $0
2022 $6,234 $510,900 $0 $510,900
2021 $5,478 $393,000 $0 $0
2020 $5,088 $386,450 $0 $0
2019 $4,772 $366,800 $0 $0
2018 $4,406 $327,500 $0 $0
2017 $3,865 $261,000 $0 $0
2016 $3,929 $261,000 $0 $0
2015 $3,536 $232,000 $0 $0
2014 $3,455 $224,323 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2026 01/28/26 For Sale $635,000 +82.5% $485 / Sq Ft
07/31/2015 07/31/15 Sold $348,000 -3.1% $265 / Sq Ft View Prior Sale
07/03/2015 07/03/15 Pending -- -- --
06/22/2015 06/22/15 For Sale $359,000 -- $273 / Sq Ft
Source: Pensacola Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed $348,000 Attorney
Warranty Deed $690,000 Southern Escrow & Title Llc
Warranty Deed $462,500 --
Warranty Deed $280,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $384,000 Purchase Money Mortgage
Previous Owner $323,700 Purchase Money Mortgage
Previous Owner $266,000 Purchase Money Mortgage
Closed $46,200 No Value Available
Source: Public Records

Source: Pensacola Association of REALTORS®

MLS Number: 676762

Pensacola Association of REALTORS®

APN: 35-3S-32-4200-000-091

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