Seller's Agent in 2026
Katherine Justice
Levin Rinke Realty
(850) 712-4631
193 in this area
244 Total Sales
Shipwatch Condo 16787 Perdido Key Dr Unit E504 Pensacola, FL 32507
Perdido Key Neighborhood
2
Beds
2
Baths
1,116
Sq Ft
$997/ mo
HOA Fee
Highlights
- Deeded Waterfront Access Rights
- Beach
- Property fronts an intracoastal waterway
- Community Boat Dock
- Boat or Launch Ramp
- Steam Room
About This Home
As of March 2026COME HOME TO BREATHTAKING, PANORAMIC VIEWS OVERLOOKING OLE RIVER AND ONO ISLAND FROM THIS 5TH FLOOR 2BR/2BA RIVERSIDE CONDO AT SHIPWATCH! ENJOY EASY BEACH ACCESS DIRECTLY ACROSS THE STREET ALONG WITH FULL BOATING FACILITIES....This FURNISHED residence features low-maintenance porcelain tile flooring throughout and warm, inviting barnwood accents. Relax and enjoy the boats go by from your extra-large balcony with over 230 sf. of outdoor living space. The spacious living room features a corner fireplace and those who love to cook will appreciate the open concept kitchen with spacious island, natural wood cabinetry, stainless appliances, granite countertops, and eat-in-bar. The primary bedroom, with en-suite bath, has a large walk-in closet and easy access to the riverside balcony. New HVAC System installed 2023/2024 and freshly painted in 2024! 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. 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 family gatherings), tennis courts, 2 brand new pickleball courts, fitness room, sauna, and indoor hot tub. RELAX AND WELCOME HOME TO LAID-BACK ISLAND LIFE!
Last Agent to Sell the Property
Levin Rinke Realty Brokerage Email: theperdidogirl@gmail.com Listed on: 03/07/2025
Property Details
Home Type
- Condominium
Year Built
- Built in 1984
Lot Details
HOA Fees
- $997 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Pillar, Post or Pier Foundation
- Built-Up Roof
- Concrete Siding
Interior Spaces
- 1,116 Sq Ft Home
- Multi-Level Property
- Ceiling Fan
- Combination Dining and Living Room
- Tile Flooring
Kitchen
- Breakfast Bar
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
Parking
- Parking Lot
- RV or Boat Parking
Outdoor Features
- In Ground Pool
- Deeded Waterfront Access Rights
- Pier
- Boat or Launch Ramp
- Boat Slip
- Docks
- Balcony
- Gazebo
Schools
- Hellen Caro Elementary School
- Bailey Middle School
- Escambia High School
Utilities
- Central Heating and Cooling System
- Baseboard Heating
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 014S331100504005
Community Details
Overview
- Association fees include cable TV, ground maintenance, insurance, maintenance, management, pest control, recreation facility, trash, water/sewer
- Shipwatch Surf & Yacht Club Subdivision
Amenities
- Steam Room
- Elevator
Recreation
- Pier or Dock
- Fishing Pier
- Beach
- Handball Court
- Fitness Center
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 7, 2025
Closed on
Mar 3, 2026
Sold by
Patrick Mcdonough
Bought by
Bryan William
Seller's Agent
Katherine Justice
Levin Rinke Realty
Buyer's Agent
Jason Caddell
Hurd Real Estate & Company LLC
List Price
$565,000
Sold Price
$548,000
Premium/Discount to List
-$17,000
-3.01%
Views
146
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-18.39%
Purchase Details
Closed on
Aug 15, 2023
Sold by
Edwards Charles M and Edwards Kimberly C
Bought by
Mcdonough Patrick
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
6.81%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $548,000 | Emerald Coast Title | |
| Warranty Deed | $503,600 | Coastal Land Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $133,600 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/03/2026 03/03/26 | Sold | $548,000 | -0.4% | $491 / Sq Ft |
| 11/19/2025 11/19/25 | Price Changed | $550,000 | -2.7% | $493 / Sq Ft |
| 03/07/2025 03/07/25 | For Sale | $565,000 | -- | $506 / Sq Ft |
Source: Pensacola Association of REALTORS®
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 |
|---|---|---|---|---|
| 2025 | $5,971 | $474,300 | -- | $474,300 |
| 2024 | $5,500 | $451,980 | -- | $451,980 |
| 2023 | $5,500 | $375,570 | $0 | $0 |
| 2022 | $5,018 | $401,760 | $0 | $401,760 |
| 2021 | $2,953 | $204,228 | $0 | $0 |
| 2020 | $4,313 | $340,380 | $0 | $0 |
| 2019 | $3,987 | $312,480 | $0 | $0 |
| 2018 | $3,755 | $290,160 | $0 | $0 |
| 2017 | $3,163 | $212,000 | $0 | $0 |
| 2016 | $3,113 | $205,000 | $0 | $0 |
| 2015 | $3,077 | $205,000 | $0 | $0 |
| 2014 | $2,778 | $179,305 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Katherine Justice
-
Jason Caddell
Buyer's Agent in 2026
Jason Caddell
Hurd Real Estate & Company LLC
(850) 860-4392
1 in this area
47 Total Sales
About Shipwatch Condo
Map
Source: Pensacola Association of REALTORS®
MLS Number: 660326
APN: 01-4S-33-1100-504-005
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