$2,999,000
UNDER CONTRACT $200K PRICE DROP

Estimated payment $17,898/month

Total Views 15,336
5 Beds
3 Baths
3,319 Sq Ft
$904 Price per Sq Ft

Highlights

  • Deeded Waterfront Access Rights
  • Boat Dock
  • Boat Lift
  • Marina
  • Property fronts an intracoastal waterway
  • 4-minute walk to Perdido Kids Park

About This Home

Welcome to Mermaid Cove! This 3319sf luxurious coastal retreat is located in the cottage district of Landfall Subdivision. Completed in 2021, no detail has been overlooked! You'll find a welcoming entrance that lead you to appreciate the backyard retreat w/ private beach, private marina boat slip, & endless views of the ICW & Gulf of Mexico. The meticulously maintained lawn & landscaping that encompasses the property, provides the finishing touches for the true star of the show, the back yard oasis! You can entertain your guests year round, or have that sunset mixer from the professionally designed furniture & lounge areas on the balconies, at the wet bar, on the travertine pool deck, or in the 650sf. heated, gunite pool with oversized spa, or under the pergola. The private beach overlooks the marina, & also provides an area to not only relax, but also provides an entry point for kayaks, paddleboards, & presents itself to wonderful fishing in the grass beds beyond. The interior contains 5 bedrooms, 3 full baths, separate office, top of the line elevator, butlers pantry, drink station, 3rd story coffee bar, & 2 private bedroom balconies. Finishing touches include cased & crowned windows, 8' solid core doors, crown molding throughout, coffered ceilings, wainscoting, judges paneling, smart home tech, security system, & surround sound/speakers. Kitchen is appointed w/ lighted, custom cabinets, quartz counters, Wolf cooktop, Kitchenaid SS appliances, & ice maker. All baths have custom tile showers & seamless glass. Primary has a separate soaking tub w/ dual vanities, & separate water closet & bidet. Exterior has impact rated PGT windows & Neuma doors, standing seam metal roof, Hardi siding, trex deck, powder coated railings, CopperSmith lights & home generator. Landfall is a private community w/ a private marina & gazebo, and is the closest marina to Pensacola Pass, Ft. McRee, & Johnson's Beach. Home is offered fully furnished, and comes with a boat slip/14k boat lift.

Listing Agent

Sean Kramer

Levin Rinke Realty Brokerage Email: seank@levinrinkerealty.com Listed on: 03/27/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,136

Year Built

  • Built in 2021

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions: 185
  • Home fronts a lagoon or estuary
  • Property fronts an intracoastal waterway
  • Cul-De-Sac
  • Privacy Fence
  • Back Yard Fenced
  • Corner Lot
  • Interior Lot

HOA Fees

  • $78 Monthly HOA Fees

Property Views

  • Gulf
  • Lagoon
  • Pond

Home Design

  • Craftsman Architecture
  • Cottage
  • Gable Roof Shape
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 3,319 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Sound System
  • Bookcases
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Double Pane Windows
  • Blinds
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Home Office
  • Inside Utility

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Built-In Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Softwood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Tile Bathroom Countertop
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Private Water Closet
  • Separate Shower

Laundry

  • Laundry Room
  • ENERGY STAR Qualified Dryer
  • Dryer
  • ENERGY STAR Qualified Washer

Home Security

  • Home Security System
  • Smart Thermostat
  • Storm Windows
  • High Impact Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Guest Parking

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • ENERGY STAR Qualified Equipment for Heating

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Property near a lagoon
  • Boat Lift
  • Boat Slip
  • Docks
  • Balcony
  • Deck
  • Patio
  • Gazebo
  • Rain Gutters
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heat Pump System
  • Baseboard Heating
  • Underground Utilities
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 243S311100010003

Community Details

Overview

  • Association fees include deed restrictions, management
  • Landfall Subdivision

Amenities

  • Picnic Area

Recreation

  • Boat Dock
  • Pier or Dock
  • Fishing Pier
  • Marina
  • Community Pool or Spa Combo

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,136

Year Built

Built in 2021

Lot Details

0

HOA Fees

$78 per month

Listing Details

  • Stories: 3
  • Parcel Number: 243S311100010003
  • Property Type: Residential
  • Year Built: 2021
  • Electric: Copper Wiring, Circuit Breakers
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.35
  • Lot Size: 185 x 80
  • Road Surface Type: Paved
  • Subdivision Name: Landfall
  • Directions: From downtown Pensacola-Gulf Beach Highway to 2nd entrance to Landfall Subdivision on left to Landfall Drive. 8th Home on the right and it sits next to Landfall Marina
  • Architectural Style: Cottage, Craftsman
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Efficiency: Heat Pump, Insulation, Insulated Walls, Lighting, Appliances
  • Property Attached Yn: No
  • Kitchen Level: Second
  • Attribution Contact: seank@levinrinkerealty.com
  • Special Features: 4224

Interior Features

  • Spa Features: Outdoor
  • Private Spa: Yes
  • Appliances: Tankless Water Heater/Gas, Dryer, Washer, Wine Cooler, Built In Microwave, Dishwasher, Disposal, Double Oven, Refrigerator, Self Cleaning Oven, Oven, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: Insulated Doors, Storm Door(s)
  • Fireplace: Yes
  • Flooring: Tile, Simulated Wood
  • Interior Amenities: Baseboards, Bookcases, Ceiling Fan(s), Chair Rail, Crown Molding, Elevator, High Speed Internet, Recessed Lighting, Sound System, Wet Bar, Low Flow Plumbing Fixtures, Smart Thermostat, Office/Study
  • Living Area: 3319
  • Window Features: Double Pane Windows, Storm Window(s), Blinds, Drapes, Drapery Rods, Some Blinds, Some Drapes, Impact Resistant Windows
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Breakfast Room/Nook, Eat-in Kitchen, Kitchen/Dining Combo
  • Room Bedroom3 Area: 143
  • Room Office Area: 120
  • Room Bedroom2 Area: 121
  • Room Bedroom3 Level: Third
  • Room Bedroom2 Level: Third
  • Master Bedroom Features: Ceiling Fan(s), Sitting Area, Walk-In Closet(s)
  • Room Office Level: Second
  • Room Kitchen Features: Not Updated, Granite Counters, Kitchen Island, Pantry
  • Room Kitchen Area: 204
  • Dining Room Dining Room Level: Second
  • Room Dining Room Area: 123.5
  • Master Bathroom Features: Bidet, Double Vanity, Dress Area, Granite Counters, Separate Shower, Tile, Water Closet

Exterior Features

  • Roof: Gable, Metal, See Remarks
  • Fencing: Back Yard, Other, Privacy
  • Lot Features: Central Access, Corner Lot, Cul-De-Sac, Interior Lot
  • Pool Features: Gunite, In Ground, Pool/Spa Combo, Salt Water, Heated
  • View: Gulf, Lagoon, Pond, Water
  • View: Yes
  • Waterfront Features: Intracoastal Waterway, Lagoon, Waterfront, Beach Access, Boat Lift, Deed Access, Natural
  • Waterfront: Yes
  • Construction Type: Frame
  • Exterior Features: Balcony, Sprinkler, Rain Gutters, Dock, Boat Slip, Boat Slip Utilities
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Covered, Deck, Patio, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: 4 or More Car Garage, Front Entrance, Guest, Garage Door Opener
  • Total Parking Spaces: 4

Utilities

  • Heating: Multi Units, Heat Pump, Central, Fireplace(s), ENERGY STAR Qualified Heat Pump
  • Cooling: Heat Pump, Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment
  • Sewer: Public Sewer
  • Laundry Features: Inside, W/D Hookups, Laundry Room
  • Security: Security System, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Dock, Fishing, Marina, Pavilion/Gazebo, Picnic Area, Pier, Sidewalks, Waterfront Deed Access
  • Association Fee: 932
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association, Deed Restrictions, Management

Schools

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

Lot Info

  • Lot Size Sq Ft: 15246
  • Zoning Description: County,Deed Restrictions,Res Single

Green Features

  • Green Water Conservation: High Efficiency Toilet(s)

Map

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 $18,136 $1,408,431 $225,000 $1,183,431
2023 $18,136 $1,357,843 $225,000 $1,132,843
2022 $125 $826,465 $0 $0
2021 $3,004 $215,840 $0 $0
2020 $2,954 $215,800 $0 $0
2019 $2,956 $215,800 $0 $0
2018 $2,868 $215,800 $0 $0
2017 $2,534 $175,800 $0 $0
2016 $2,577 $175,800 $0 $0
2015 $2,616 $175,800 $0 $0
2014 $2,652 $175,800 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Price Changed $2,999,000 -6.3% $904 / Sq Ft
03/27/2025 03/27/25 For Sale $3,199,000 +33.2% $964 / Sq Ft
07/27/2022 07/27/22 Sold $2,401,000 0.0% $723 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $2,401,000 +908.8% $723 / Sq Ft
09/06/2019 09/06/19 Sold $238,000 -15.0% --
07/05/2019 07/05/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $280,000 -- --
Source: Pensacola Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,401,000 Emmanuel Sheppard & Condon Pa
Warranty Deed $238,000 Attorney
Warranty Deed $58,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $606,000 VA
Previous Owner $595,000 Construction
Source: Public Records

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Source: Pensacola Association of REALTORS®

MLS Number: 661481

Pensacola Association of REALTORS®

APN: 24-3S-31-1100-010-003