16590 Perdido Key Dr Unit 1A Pensacola, FL 32507
Perdido Key NeighborhoodEstimated payment $3,754/month
Highlights
- Very Popular Property
- Beach
- Property fronts gulf or ocean
- Boat Dock
- Pier
- Boat Slip
About This Home
WOW--- Beach condo ownership for under $300k?? YES!! but don't sleep on this one!!! Molokai Villas is a "Villa Style" condo complex and is one of only a handful of Perdido Key properties with BOTH a private beach AND River Access. Molokai Villas owners and guests enjoy one of the best uncrowded beaches on Perdido Key AND the convenience of boat docks on the deep waters of Old River with quick access to Gulf. This well decorated and meticulously cared for 2nd floor unit has been updated with fresh paint, quartz countertops and newer furnishings giving it a completely Coastal Calm feeling. The cottage has continuous neutral tile flooring throughout and a sleeper sofa in the living room. The kitchen features stainless steel appliances, recently installed quartz countertops and new backsplash. The primary bedroom features a french door to the balcony and an en-suite bath. The guest room has a twin over queen bunk to comfortably accommodate up to three additional people. When you're not relaxing on the polywood furniture on the balcony, take a short stroll to the riverside pool. Store your boat in the first come first serve slips, fish from the pier, or take the short walk across the street to the beautiful uncrowded beach! This one truly offers ALL the best of beach and river front living. It is turn-key MOVE IN or RENT READY for you! Monthly HOA dues of $1819.12 include insurance and painting accruals. All information thought to be true and accurate but should be verified by buyer or buyers agent.
Listing Agent
Levin Rinke Realty Brokerage Email: deesellsthebeach@gmail.com Listed on: 08/14/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,184
Year Built
- Built in 2007
Lot Details
- Property fronts gulf or ocean
- River Front
HOA Fees
- $1,819 Monthly HOA Fees
Home Design
- Cottage
- Pillar, Post or Pier Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 900 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Blinds
- Combination Dining and Living Room
- Inside Utility
- Tile Flooring
- Gulf Views
Kitchen
- Updated Kitchen
- Breakfast Bar
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Parking
- 1 Parking Space
- Parking Lot
Pool
- In Ground Pool
- Gunite Pool
Outdoor Features
- Pier
- Boat Slip
- Docks
- Balcony
Schools
- Hellen Caro Elementary School
- Bailey Middle School
- Escambia High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 064S322950101002
Community Details
Overview
- Association fees include cable TV, ground maintenance, insurance, management, pest control, recreation facility, trash
- Molokai Villas Subdivision
Recreation
- Boat Dock
- Fishing Pier
- Beach
- Community Pool
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,184 | $319,500 | -- | $319,500 |
| 2023 | $4,184 | $306,000 | $0 | $306,000 |
| 2022 | $4,345 | $315,000 | $0 | $315,000 |
| 2021 | $2,306 | $157,500 | $0 | $0 |
| 2020 | $2,822 | $198,000 | $0 | $0 |
| 2019 | $2,783 | $193,500 | $0 | $0 |
| 2018 | $2,851 | $194,400 | $0 | $0 |
| 2017 | $2,244 | $147,850 | $0 | $0 |
| 2016 | $2,280 | $147,850 | $0 | $0 |
| 2015 | $2,174 | $140,000 | $0 | $0 |
| 2014 | $2,111 | $134,899 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/04/2025 09/04/25 | For Sale | $299,000 | -14.3% | $332 / Sq Ft | |
| 09/08/2021 09/08/21 | Sold | $349,000 | 0.0% | $388 / Sq Ft | View Prior Sale |
| 07/19/2021 07/19/21 | Pending | -- | -- | -- | |
| 07/13/2021 07/13/21 | For Sale | $349,000 | +61.6% | $388 / Sq Ft | |
| 06/30/2017 06/30/17 | Sold | $216,000 | 0.0% | $240 / Sq Ft | View Prior Sale |
| 05/26/2017 05/26/17 | Pending | -- | -- | -- | |
| 04/17/2017 04/17/17 | For Sale | $216,000 | +25.2% | $240 / Sq Ft | |
| 08/08/2013 08/08/13 | Sold | $172,500 | -6.8% | $192 / Sq Ft | View Prior Sale |
| 07/09/2013 07/09/13 | Pending | -- | -- | -- | |
| 04/01/2013 04/01/13 | For Sale | $185,000 | -- | $206 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $349,000 | Attorney | |
| Warranty Deed | $216,000 | Anchor Title & Escrow Llc | |
| Warranty Deed | $172,500 | None Available | |
| Warranty Deed | $167,500 | Southern Guaranty Title Comp |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $261,750 | New Conventional | |
| Previous Owner | $172,800 | Commercial | |
| Previous Owner | $144,500 | New Conventional |
Source: Pensacola Association of REALTORS®
MLS Number: 669287
APN: 06-4S-32-2950-101-002
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