$480,000
SOLD OCT 28, 2019

Shipwatch Condo 16787 Perdido Key Dr Unit D701 Pensacola, FL 32507

Perdido Key Neighborhood
2 Beds
2 Baths
1,184 Sq Ft
$607/mo HOA Fee

Recently Sold

$405 Per Sq Ft

2 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Boat Dock
  • Property fronts gulf or ocean
  • Marina
  • Boat or Launch Ramp
  • Steam Room

About This Home

As of June 2025

RELAX AND ENJOY ISLAND LIVING FROM THIS CHARMING, LOVINGLY-MAINTAINED 2-BEDROOM GULF-FRONT RESIDENCE AT SHIPWATCH, ONE OF PERDIDO KEY'S PREMIER BEACH AND BOATING COMMUNITIES! THIS SPACIOUS RESIDENCE HAS BEEN BEAUTIFULLY UPDATED AND FEATURES MODERN KITCHEN AND EXPANSIVE COVERED BALCONY TO ENJOY OUTDOOR LIVING AND WATCH BREATHTAKING, UNOBSTRUCTED SUNSET VIEWS! Shipwatch owners ENJOY THE BEST OF BOTH WORLDS with uncrowded beaches and Gulf-front pool & clubhouse PLUS boat launch, boat storage and first-come, first-serve boat slips on the deep waters of Ole River. This residence has beautiful tile flooring in entry, kitchen and main living areas, luxury vinyl plank flooring in the bedrooms & baths, spacious open-concept kitchen features plenty of natural light, abundant cabinet space and granite counter-tops. The over-sized Master Bedroom is directly Gulf-front with access to the Gulf balcony. THERE'S 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. Great amenities including tennis courts, fitness room, sauna, indoor hot tub, Gulfside pool and clubhouse, and a charming Riverside pool surrounded by lovely landscape and indigenous "Live Oak" trees. Shipwatch has a wonderful "residential feeling" with mostly second-home owners. Great rental property (already in a vacation rental program)! Relax and come home to laid-back island life! Call TODAY to schedule a showing. (**Patio furniture does not convey with sale of property.**)

Last Agent to Sell the Property

Kerri Hutchinson

Levin Rinke Realty Listed on: 09/25/2019

Levin Rinke Realty

Co-Listed By

Peggy Butler

Levin Rinke Realty

Last Buyer's Agent

Deborah Eells

Coastal Paradise Real Estate, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,611

Year Built

  • Built in 1982

Lot Details

HOA Fees

  • $607 Monthly HOA Fees

Property Views

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Built-Up Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

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

Kitchen

  • Updated Kitchen
  • <<builtInMicrowave>>
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Softwood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Parking Lot
  • RV or Boat Parking

Outdoor Features

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

Schools

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

Utilities

  • Central Heating and Cooling System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 014S331100701004

Community Details

Overview

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

Amenities

  • Picnic Area
  • Steam Room
  • Elevator

Recreation

  • Fishing Pier

Security

  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,611

Year Built

Built in 1982

Lot Details

0

HOA Fees

$607 per month

Listing Details

  • Parcel Number: 014S331100701004
  • Property Type: Residential
  • Year Built: 1982
  • Electric: Circuit Breakers
  • Property Sub Type: Condo
  • Horses: No
  • Lot Size Acres: 10.0422
  • Road Surface Type: Paved
  • Co List Office Mls Id: MSP003
  • Co List Office Phone: 850-912-4767
  • Subdivision Name: Shipwatch Surf & Yacht Club
  • Directions: From Pensacola drive over the Theo Baars Bridge on to Perdido Key approx. 5 miles to Shipwatch Surf & Yacht Club on your left (Gulf-Side). From Orange Beach, approx. .8 miles from Florida/Alabama state line.
  • Architectural Style: Traditional
  • Building Name: Shipwatch Surf & Yacht Club
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 8 or More Story
  • New Construction: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Disposal, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Vinyl, Simulated Wood
  • Interior Amenities: Baseboards, Ceiling Fan(s), Crown Molding, High Ceilings, Walk-In Closet(s)
  • Living Area: 1184
  • Window Features: Impact Resistant Windows
  • Bedroom/Bathroom Features: Updated
  • Dining Room Features: Living/Dining Combo
  • Master Bedroom Features: Ceiling Fan(s), Walk-In Closet(s)
  • Room Kitchen Features: Updated, Granite Counters
  • Room Kitchen Area: 154
  • Master Bathroom Features: Double Vanity, Shower Only

Exterior Features

  • Roof: Built-Up
  • Pool Features: In Ground
  • View: Gulf, River
  • 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: Slab
  • Patio And Porch Features: Covered
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Parking Lot, RV/Boat Parking

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
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool, Community Room, Dock, Elevator, Fitness Center, Fishing, Marina, Picnic Area, Steam Room, Tennis Court(s), Waterfront Deed Access
  • Association Fee: 7287.12
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association, Cable TV, Maintenance Grounds, Insurance, Maintenance, Management, 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
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2025
Closed on
Jun 20, 2025
Sold by
Reaves Martha G
Bought by
Gregory Mark T and Gregory Valerie A
Seller's Agent
Tucker Shaver
Signature Properties
Buyer's Agent
Tina DAversa
eXp Realty Southern Branch
List Price
$675,000
Sold Price
$625,000
Premium/Discount to List
-$50,000
-7.41%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
149.89%

Purchase Details

Closed on
May 31, 2024
Sold by
Burton James J and Burton Amanda S
Bought by
Reaves Martha G

Purchase Details

Listed on
Sep 25, 2019
Closed on
Oct 28, 2019
Sold by
Pruet Arthur W and Pruet Madelyn
Bought by
Burton James J and Burton Amanda S
Seller's Agent
Kerri Hutchinson
Levin Rinke Realty
Buyer's Agent
Deborah Eells
Coastal Paradise Real Estate, LLC
List Price
$479,900
Sold Price
$480,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$300,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 24, 2016
Closed on
May 2, 2016
Sold by
Womble Enterprises Llc
Bought by
Pruet Arthur W and Pruet Madelyn
Seller's Agent
Katherine Justice
Levin Rinke Realty
Buyer's Agent
Kerri Hutchinson
Levin Rinke Realty
List Price
$399,000
Sold Price
$381,500
Premium/Discount to List
-$17,500
-4.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%

Purchase Details

Closed on
Sep 12, 2013
Sold by
Gift Daniel T and Gift Camille C
Bought by
Womble Enterprises Llc

Purchase Details

Closed on
Jan 21, 2008
Sold by
Gift Daniel T
Bought by
Gift Daniel T and Gift Camille C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2008
Sold by
Kilpatrick Andrew C
Bought by
Gift Daniel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $625,000 None Listed On Document
Warranty Deed $650,000 Allure Title
Warranty Deed $480,000 Attorney
Warranty Deed $381,500 Coastal Land Title Llc
Warranty Deed $303,500 Attorney
Interfamily Deed Transfer $160,500 Attorney
Warranty Deed $401,300 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $301,500 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $304,000 New Conventional
Previous Owner $321,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Sold $625,000 -7.4% $423 / Sq Ft
06/05/2025 06/05/25 Pending -- -- --
05/05/2025 05/05/25 For Sale $675,000 +40.6% $456 / Sq Ft
10/28/2019 10/28/19 Sold $480,000 0.0% $405 / Sq Ft
09/24/2019 09/24/19 For Sale $479,900 +25.8% $405 / Sq Ft
05/02/2016 05/02/16 Sold $381,500 -4.4% $322 / Sq Ft
03/24/2016 03/24/16 For Sale $399,000 -- $337 / Sq Ft
05/15/2015 05/15/15 Pending -- -- --
Source: Pensacola Association of REALTORS®

Tax History Compared to Growth

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 $6,611 $503,200 -- $503,200
2023 $6,611 $479,934 $0 $0
2022 $6,198 $479,520 $0 $479,520
2021 $3,421 $237,984 $0 $0
2020 $5,527 $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

Agents Affiliated with this Home

  • Tucker Shaver

    Seller's Agent in 2025

    Tucker Shaver

    Signature Properties

    (251) 609-9292

    29 in this area

    272 Total Sales

    Tucker Shaver
    Section Image
  • Tina DAversa

    Buyer's Agent in 2025

    Tina DAversa

    eXp Realty Southern Branch

    (678) 457-0677

    1 in this area

    15 Total Sales

    Tina DAversa
    Section Image
  • Kerri Hutchinson

    Seller's Agent in 2019

    Kerri Hutchinson

    Levin Rinke Realty

    (850) 206-9142

    32 in this area

    91 Total Sales

    Kerri Hutchinson
    Section Image
  • Peggy Butler

    Seller Co-Listing Agent in 2019

    Peggy Butler

    Levin Rinke Realty

    (850) 712-3133

    24 in this area

    37 Total Sales

    Peggy Butler
    Section Image
  • Deborah Eells

    Buyer's Agent in 2019

    Deborah Eells

    Coastal Paradise Real Estate, LLC

    (850) 384-8904

    3 in this area

    66 Total Sales

    Deborah Eells
    Section Image
  • Katherine Justice

    Seller's Agent in 2016

    Katherine Justice

    Levin Rinke Realty

    (850) 712-4631

    189 in this area

    234 Total Sales

    Katherine Justice
    Section Image
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About Shipwatch Condo

Map

Source: Pensacola Association of REALTORS®

MLS Number: 561271

Pensacola Association of REALTORS®

APN: 01-4S-33-1100-701-004

Florida Escambia County Pensacola 32507 Perdido Key

16787 Perdido Key Dr Unit D701, Pensacola, FL

This home is located at 16787 Perdido Key Dr Unit D701, Pensacola, FL 32507 and is currently priced at $480,000, approximately $405 per square foot. This property was built in 1982. 16787 Perdido Key Dr Unit D701 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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