$795,000
UNDER CONTRACT

Shipwatch Condo 16787 Perdido Key Dr Unit A201 Pensacola, FL 32507

Perdido Key Neighborhood

Estimated payment $5,927/month

Total Views 497
3 Beds
2 Baths
1,364 Sq Ft
$583 Price per Sq Ft

Highlights

  • Deeded Waterfront Access Rights
  • Beach
  • Parking available for a boat
  • Boat Dock
  • Boat or Launch Ramp
  • Property fronts gulf or ocean

About This Home

COME HOME TO THIS MOVE-IN READY 3BR/2BA, 2nd FLOOR, GULF-FRONT FURNISHED RESIDENCE IN THE "A" BUILDING AT SHIPWATCH, ONE OF PERDIDO KEY’S PREMIER BEACH & BOATING COMMUNITIES! THIS RESIDENCE BOASTS $63K+ IN RENTAL REVENUE! OWNERS & GUESTS ENJOY THE BEST OF BOTH WORLDS WITH GULF-FRONT LIVING & FULL BOATING FACILITIES ACROSS THE STREET! Relax and enjoy the 'beach house feel' from your private, extra-large covered balcony complete with hurricane shutters for added security and over 230 sf. of outdoor living space. This open-concept floorplan boasts amazing gulf views, a living area complete with electric fireplace, and an abundance of natural light with extra windows in the kitchen and dining area. The kitchen features beautiful white cabinetry, granite countertops, shiplap backsplash, stainless appliances, lovely knotty pine tongue & groove wood ceiling, and eat in bar! The primary bedroom has a large walk-in closet, en-suite bathroom, and access to the oversized gulf-front balcony. Guests will enjoy this floor plan and the added privacy with two additional bedrooms and a bathroom. There is plenty of room to store your beach, pool and boating supplies with two exterior owner storage closets and 2 interior owner storage spaces. Shipwatch has one of the strongest Homeowner Associations on the island and has excellent on-site management and maintenance staff. Amenities include full boating facilities, first-come first-serve slips, boat launch, tennis courts, pickleball courts, fitness room, sauna, Gulfside pool, Riverside pool and clubhouse. Shipwatch has a wonderful "residential feel" with mostly second home owners. RELAX AND WELCOME HOME TO LAID-BACK ISLAND LIFE!

Listing Agent

Katherine Justice

Levin Rinke Realty Brokerage Email: theperdidogirl@gmail.com Listed on: 08/21/2025

Levin Rinke Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,189

Year Built

  • Built in 1983

Lot Details

HOA Fees

  • $997 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Built-Up Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,364 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • Ceiling Fan
  • Electric Fireplace
  • Combination Dining and Living Room
  • Inside Utility
  • Tile Flooring

Kitchen

  • Updated Kitchen
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Parking Lot
  • Parking available for a boat
  • RV or Boat Parking

Outdoor Features

  • In Ground Pool
  • Deeded Waterfront Access Rights
  • Pier
  • Boat or Launch Ramp
  • Docks
  • Balcony
  • Gazebo

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 014S331100201001

Community Details

Overview

  • Association fees include ground maintenance, maintenance, pest control, trash, water/sewer
  • Shipwatch Surf & Yacht Club Subdivision

Amenities

  • Picnic Area
  • Elevator

Recreation

  • Pier or Dock
  • Fishing Pier
  • Beach

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,189

Year Built

Built in 1983

Lot Details

0

HOA Fees

$997 per month

Listing Details

  • Stories: 3
  • Parcel Number: 014S331100201001
  • Property Type: Residential
  • Year Built: 1983
  • Electric: Circuit Breakers
  • Property Sub Type: Condo
  • Horses: No
  • Lot Size Acres: 10.0422
  • Subdivision Name: Shipwatch Surf & Yacht Club
  • Directions: Go over Theo Baars Bridge onto Perdido key approx 5 miles to Shipwatch on your left (Gulf Side). From orange Beach, approx. 8 miles from Flora-Bama line.
  • Architectural Style: Traditional
  • Building Name: Shipwatch Surf & Yacht Club
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Attribution Contact: theperdidogirl@gmail.com
  • Special Features: UnderContract

Interior Features

  • Appliances: Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Disposal, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s), Crown Molding
  • Living Area: 1364
  • Window Features: Drapes
  • Bedroom/Bathroom Features: Updated
  • Dining Room Features: Living/Dining Combo
  • Room Kitchen Features: Updated, Granite Counters

Exterior Features

  • Roof: Built-Up
  • Pool Features: In Ground
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Waterfront, Beach Access, Boat Launch, Deed Access, Natural, Pier
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Exterior Features: Balcony, Dock
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Boat, Parking Lot, RV/Boat Parking

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Pool, Community Room, Dock, Elevator, Fitness Center, Fishing, Pavilion/Gazebo, Picnic Area, Pier, Sauna, Tennis Court(s), Waterfront Deed Access
  • Association Fee: 11962.56
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

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

Schools

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

Lot Info

  • Lot Size Sq Ft: 437438.232
  • Zoning Description: Res Multi

Map

About Shipwatch Condo

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 $7,189 $552,420 -- $552,420
2023 $7,189 $519,888 $0 $0
2022 $6,698 $518,320 $0 $518,320
2021 $3,695 $257,796 $0 $0
2020 $6,002 $436,480 $0 $0
2019 $5,465 $388,740 $0 $0
2018 $5,351 $386,817 $0 $0
2017 $4,927 $343,000 $0 $0
2016 $4,475 $298,500 $0 $0
2015 $4,521 $298,500 $0 $0
2014 $3,935 $256,282 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 For Sale $795,000 +59.0% $583 / Sq Ft
08/25/2020 08/25/20 Sold $500,000 0.0% $367 / Sq Ft
08/25/2020 08/25/20 For Sale $500,000 -- $367 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
Source: Pensacola Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100 None Listed On Document
Warranty Deed $500,000 Attorney
Special Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

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Source: Pensacola Association of REALTORS®

MLS Number: 669693

Pensacola Association of REALTORS®

APN: 01-4S-33-1100-201-001

Florida Escambia County Pensacola 32507 Perdido Key

16787 Perdido Key Dr Unit A201, Pensacola, FL

This home is located at 16787 Perdido Key Dr Unit A201, Pensacola, FL 32507 and is currently priced at $795,000, approximately $582 per square foot. This property was built in 1983. 16787 Perdido Key Dr Unit A201 is a home located in Escambia County with nearby schools including Hellen Caro Elementary School, Jim C. Bailey Middle School, and Escambia High School.

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Katherine Justice
Listing Agent
Katherine Justice
Section Image
Levin Rinke Realty
(448) 233-4639