$2,499,000
$451K PRICE DROP

Estimated payment $13,886/month

Total Views 20,732
2 Beds
2 Baths
1,600 Sq Ft
$1,562 Price per Sq Ft

Highlights

  • 1.72 Acre Lot
  • No HOA
  • Central Heating and Cooling System
  • Main Floor Primary Bedroom
  • Luxury Vinyl Tile Flooring
  • High Speed Internet

About This Home

DEVELOPMENT OPPORTUNITY! This parcel is located with river frontage. Nearby riverfront property was subdivided into multiple lots and sold individually, maximizing the profitability of the land. Located on Perdido Key in the beautiful panhandle of Florida, only a short boat ride out to the gulf! Enjoy sunrise and sunset views from the property. As a bonus, a site build home with a wrap around porch of this incredible riverfront home. Currently used as a short term rental hosting guests from around the world, this home features two comfortable bedrooms and two bathrooms, living room and kitchen. This home can be moved off the parcel and repurposed, or shifted onsite to accommodate lot splits (subject to approval of delegated authority).An example of the development opportunity for this 1.72 acre property can be found a few parcels nearby, where 4 homes have been erected and sold individually! Whether you're looking for a quiet retreat with a simple footprint for easy living, or looking to maximize the potential of this development opportunity, this property could make all those dreams come true. Perdido Key is located in the heart of Pensacola's downtown area, near the intersection of River Road and Main Street. It is situated within a short distance to various shops, restaurants, and cultural attractions. The address is also close to the Pensacola Bay and the Gulf Islands National Seashore. Contact agent for more details.

Listing Agent

Addie Owens

TOUCHSTONE REAL ESTATE Brokerage Phone: 352-223-0053 License #3382828 Listed on: 09/14/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,849

Year Built

  • Built in 2001

Lot Details

  • 1.72 Acre Lot
  • North Facing Home
  • Property is zoned MDR-PK

Home Design

  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 1,600 Sq Ft Home
  • Luxury Vinyl Tile Flooring

Kitchen

  • Built-In Oven
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Gulf Beach Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,849

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 1600
  • Lot Size Acres: 1.72
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 1600
  • Lot Size Sq Ft: 74740
  • Directions to Property: Head south on Perdido Key Drive from 292A. Right on River Road. Home on Right. No Sign.
  • Status: Active
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Available for Lease YN: 0
  • Escrow State: FL
  • List Office Head Office Key Nume: 198240165
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 1561.88
  • Total Acreage: 1 to less than 2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 352-223-0053
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Primary Bedroom Main Floor, Ninguno, Thermostat
  • Appliances Included: Built-In Oven, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Pillar/Post/Pier, Slab
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 13946
  • ResoLivingAreaSource: Owner
  • Living Area Meters: 148.64
  • Room Count: 6

Exterior Features

  • Direction Faces: North
  • Exterior Features: Other
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2006-09-29
  • Flood Zone Panel: 12033C0516G

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: MDR-PK
  • Parcel Number: 14-3S-32-1001-002-133
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 6944

Rental Info

  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: CURRENTLY USED AS SHORT TERM RENTAL.

Tax Info

  • Tax Annual Amount: 6849
  • Tax Block: 002-133
  • Tax Book Number: 4-52
  • Tax Lot: 133

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 $7,520 $590,109 $400,000 $190,109
2023 $7,520 $552,083 $0 $0
2022 $6,849 $501,894 $352,000 $149,894
2021 $6,634 $470,019 $0 $0
2020 $6,017 $432,591 $0 $0
2019 $5,972 $425,618 $0 $0
2018 $6,009 $419,699 $0 $0
2017 $6,025 $411,764 $0 $0
2016 $6,101 $410,051 $0 $0
2015 $6,120 $406,473 $0 $0
2014 $6,133 $402,653 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2024 02/07/24 Price Changed $2,499,000 -7.4% $1,562 / Sq Ft
11/10/2023 11/10/23 Price Changed $2,700,000 -5.3% $1,688 / Sq Ft
10/10/2023 10/10/23 Price Changed $2,850,000 -3.4% $1,781 / Sq Ft
09/14/2023 09/14/23 For Sale $2,950,000 -- $1,844 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $40,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $351,000 New Conventional
Source: Public Records

Source: Stellar MLS

MLS Number: G5073223

Stellar MLS

APN: 14-3S-32-1001-002-133