$635,000
$40K PRICE DROP

Shipwatch Condo 16787 Perdido Key Dr Unit D403 Pensacola, FL 32507

Perdido Key Neighborhood

Estimated payment $4,915/month

Total Views 12,022
2 Beds
2 Baths
1,184 Sq Ft
$536 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

RELAX & ENJOY ISLAND LIVING IN THIS BEAUTIFULLY MAINTAINED TWO BEDROOM/2 BATHROOM, GULF-FRONT 4th FLOOR RESIDENCE AT SHIPWATCH SURF & YACHT! ENJOY THE BEST OF BOTH WORLDS WITH FULL BOATING FACILITIES ACROSS THE STREET! This FURNISHED residence has been meticulously maintained, new paint throughout (2025) and is move-in ready! Unwind on your spacious covered balcony, accessible from both the living room and primary bedroom, while soaking in breathtaking views of the Gulf. The open kitchen seamlessly connects to the main living and dining area, featuring warm wood cabinetry, granite counter tops, eat-in bar, stainless-steel appliances and convenient New beverage cooler. The primary bedroom not only boasts serene Gulf views but also includes a spacious bathroom complete with double vanities, walk-in tile shower and an extra-large walk-in closet with ample storage. Shipwatch owners enjoy the best of both worlds with uncrowded beaches PLUS boat launch, boat storage and first-come, first-serve boat slips on the deep waters of Ole River across the street. The medium and large boat slips are available to owners for an annual fee. You also have plenty of room to store your beach, pool and boating supplies with two owner storage closets. Shipwatch has one of the strongest Homeowner Associations on the island and has excellent on-site management and maintenance staff. Other great amenities include two pools (Gulf and Riverfront), two clubhouses (Gulf and Riverfront - great for gatherings), tennis courts, fitness room and sauna. RELAX AND WELCOME HOME TO LAID-BACK ISLAND LIFE!

Listing Agent

Katherine Justice

Levin Rinke Realty Brokerage Email: theperdidogirl@gmail.com Listed on: 03/04/2025

Levin Rinke Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,142

Year Built

  • Built in 1983

Lot Details

HOA Fees

  • $927 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,184 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • Shutters
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Wine Cooler
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Guest 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
  • Boat Slip
  • Docks
  • Balcony
  • Covered Deck
  • Gazebo

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 014S331100403004

Community Details

Overview

  • Association fees include cable TV, ground maintenance, maintenance, management, pest control, recreation facility, trash, water/sewer
  • Shipwatch Surf & Yacht Club Subdivision

Amenities

  • Picnic Area
  • Elevator

Recreation

  • Pier or Dock
  • Fishing Pier
  • Beach
  • Handball Court

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,142

Year Built

Built in 1983

Lot Details

0

HOA Fees

$927 per month

Listing Details

  • Parcel Number: 014S331100403004
  • Property Type: Residential
  • Year Built: 1983
  • Electric: Circuit Breakers
  • Property Sub Type: Condo
  • Horses: No
  • Lot Size Acres: 10.0422
  • Road Surface Type: Paved
  • Subdivision Name: Shipwatch Surf & Yacht Club
  • Directions: From Perdido Key take Perdido Key Dr. and Shipwatch will be on the left.
  • Architectural Style: Contemporary
  • Building Name: Shipwatch Surf & Yacht Club
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 4 to 7 Story
  • New Construction: No
  • Kitchen Level: First
  • Attribution Contact: theperdidogirl@gmail.com
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dryer, Washer, Wine Cooler, Built In Microwave, Dishwasher, Disposal, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Carpet
  • Interior Amenities: Ceiling Fan(s), High Speed Internet
  • Living Area: 1184
  • Window Features: Shutters
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Breakfast Bar, Living/Dining Combo
  • Master Bedroom Features: Ceiling Fan(s), Walk-In Closet(s)
  • Room Kitchen Features: Not Updated, Granite Counters
  • Room Kitchen Area: 154
  • Master Bathroom Features: Double Vanity, Granite Counters, Shower Only

Exterior Features

  • Roof: Built-Up
  • Pool Features: In Ground
  • View: Gulf, Water
  • View: Yes
  • Waterfront Features: Gulf, Waterfront, Beach Access, Boat Launch, Natural, Pier
  • Waterfront: Yes
  • Construction Type: Concrete
  • Exterior Features: Balcony, Dock, Boat Slip
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Covered Deck
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Boat, Guest, 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
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Beach, Pool, Community Room, Dock, Elevator, Fitness Center, Fishing, Handball Court, Pavilion/Gazebo, Picnic Area, Pier, Sauna, Tennis Court(s), Waterfront Deed Access
  • Association Fee: 11127.24
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association, Cable TV, Maintenance Grounds, Maintenance, 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: 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 $6,142 $503,200 -- $503,200
2023 $6,142 $493,905 $0 $0
2022 $6,012 $479,520 $0 $479,520
2021 $3,421 $237,984 $0 $0
2020 $5,432 $396,640 $0 $0
2019 $4,923 $349,280 $0 $0
2018 $4,863 $351,648 $0 $0
2017 $4,380 $297,000 $0 $0
2016 $4,015 $268,000 $0 $0
2015 $3,757 $252,500 $0 $0
2014 $3,387 $219,789 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 Price Changed $635,000 -0.6% $536 / Sq Ft
05/07/2025 05/07/25 Price Changed $639,000 -5.3% $540 / Sq Ft
03/04/2025 03/04/25 For Sale $675,000 +84.9% $570 / Sq Ft
11/29/2016 11/29/16 Sold $365,000 -5.2% $308 / Sq Ft
10/14/2016 10/14/16 Pending -- -- --
09/16/2016 09/16/16 For Sale $385,000 -- $325 / Sq Ft
Source: Pensacola Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $365,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $292,000 New Conventional
Source: Public Records

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See All Homes in Pensacola

Source: Pensacola Association of REALTORS®

MLS Number: 660099

Pensacola Association of REALTORS®

APN: 01-4S-33-1100-403-004

Florida Escambia County Pensacola 32507 Perdido Key

16787 Perdido Key Dr Unit D403, Pensacola, FL

This home is located at 16787 Perdido Key Dr Unit D403, Pensacola, FL 32507 and is currently priced at $635,000, approximately $536 per square foot. This property was built in 1983. 16787 Perdido Key Dr Unit D403 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
(850) 988-3734