$675,000

Estimated payment $4,914/month

2 Beds
2 Baths
1,310 Sq Ft
$515 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

2 BR/2 BA, neutral Luxury Vinyl Planking runs throughout and has a nice, neutral, clean coastal look, perfect for a beach residence or rental. Neutral paint colors are also throughout. This Gulf-front residence conveys fully furnished and rent-ready. It is established in a rental program. Unit 1603 at Palacio on Perdido Key offers gorgeous views of the long white sand beach and blue-green waters of the Gulf as well as sensational sunset views from the open concept Living/Dining/Kitchen area and the Primary Bedroom with gorgeous Floor to Ceiling Windows and Doors along the waterside of the residence that bring in the natural light. The Kitchen features granite countertops, white cabinetry, under-mount stainless sink, breakfast bar easily seating 4, and a pantry. The Dining table comfortably sits 6. From the Living Room you walk out onto the Gulf-front Balcony to watch and listen to the waves as well as wildlife and boats that go by. The spacious, serene Primary Suite has glass doors leading to the Balcony, features a large WIC, dual vanities with granite countertops, private Water Closet, large soaking tub and separate glass shower. The 2nd Bedroom accesses a full bath right beside it from the hallway. The laundry closet has stacked W/D that convey. There are 2 additional closets in the residence are used as owner's closets and an outside storage closet beside the front door. Palacio offers many amenities including 2 beachside pools (lap pool heated seasonally), hot tub, 2 lit tennis courts, grilling area, fitness center, large community room and owner only covered parking. Adjacent to the tennis courts is Villagio. It is an easy walk to popular restaurants, coffee shop, ice cream, spa, a souvenir shop and more. Gulf Islands National Seashore, NAS Pensacola, National Naval Aviation Museum, recreational paths to walk, run or bike on, shopping and many restaurants are nearby. Palacio is an excellent choice for an investment or private home. View Today!

Listing Agent

Kelley Thompson

Levin Rinke Realty Brokerage Email: kelley@coastalhomehunt.com Listed on: 09/16/2025

Levin Rinke Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,677

Year Built

  • Built in 2001

HOA Fees

  • $794 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

  • 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

Est. Annual Taxes

$6,677

Year Built

Built in 2001

Lot Details

0

HOA Fees

$794 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
  • Room Kitchen Area: 63

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: 9525.24
  • 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

Range of Values:

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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 $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 Change Sq Ft Price
09/16/2025 09/16/25 For Sale $675,000 +94.0% $515 / Sq Ft
07/31/2015 07/31/15 Sold $348,000 -3.1% $265 / Sq Ft
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: 670971

Pensacola Association of REALTORS®

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