$559,000

Estimated payment $3,512/month

Total Views 5,752
2 Beds
2.5 Baths
1,884 Sq Ft
$297 Price per Sq Ft

Highlights

  • Deeded Waterfront Access Rights
  • Boat Dock
  • Steam Room
  • Marina
  • Property fronts an intracoastal waterway
  • Fitness Center

About This Home

TROPICAL, VIBRANT, AND WATERFRONT! Banana Bay is a gated townhouse community along the Perdido Bay Intracoastal Waterway in beautiful Perdido Key. Quality ICF construction for peace of mind and Caribbean inspired style, there's no other place like this. The generous 2 bdr/2.5 bath floorplan is almost 1,900 sf and also includes an additional BUNK ROOM and HUGE loft space that doubles as a game room and sleeping area with a soaring vaulted ceiling. A wonderful blend of comfort and convenience with plenty of space to accommodate large gatherings with parking at your front door. Fully equipped for a turnkey vacation investment yet completely functional for day to day living. Lovely kitchen with granite counters. Open dining and living room with walk-out access to the private patio where you can enjoy outdoor relaxation. The primary bedroom is located on the ground level with double closets, and a large bath space with a tiled walk-in shower and separate, deep soaking tub. Also accessible to the private patio. The laundry and extra half bath are located on the ground level. The 2nd guest suite is super spacious with a large walk-in closet and shared bathroom for the upstairs area. There's also extra owner storage on the 2nd floor. Banana Bay offers an abundance of resort-style amenities, including a nice sandy white beach on the Intracoastal, plus a private marina and pier, community pool, hot tub, fitness, steam, and sauna. Great location for biking and easy GULF and BEACH public access nearby. Lots of great places for dining out or a quick drive to Pensacola and Orange Beach for entertainment and shopping. Also convenient to NAS Pensacola and golfing at Lost Key. Banana Bay offers an exciting, unique, and fun ownership opportunity. Buyer to verify all information during due diligence.

Listing Agent

Kandy Hines

RE/MAX OF GULF SHORES Listed on: 10/18/2025

RE/MAX OF GULF SHORES

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2006

Lot Details

  • 2,178 Sq Ft Lot
  • Property fronts an intracoastal waterway

HOA Fees

  • $183 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Insulated Concrete Forms
  • Metal Roof

Interior Spaces

  • 1,884 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Combination Dining and Living Room
  • Bonus Room
  • Storage
  • Tile Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Gunite Pool
  • Deeded Waterfront Access Rights
  • Pier
  • Docks
  • Patio
  • Rain Gutters

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 143S321011020003

Community Details

Overview

  • Association fees include maintenance, recreation facility, trash, water/sewer
  • Banana Bay Subdivision

Amenities

  • Steam Room
  • Sauna

Recreation

  • Boat Dock
  • Pier or Dock
  • Fishing Pier
  • Marina
  • Beach
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated Community
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2006

Lot Details

0

HOA Fees

$183 per month

Listing Details

  • Stories: 2
  • Parcel Number: 143S321011020003
  • Property Type: Residential Attached
  • Year Built: 2006
  • Electric: Circuit Breakers
  • Property Sub Type: Res Attached
  • Horses: No
  • Lot Size Acres: 0.05
  • Subdivision Name: Banana Bay
  • Directions: From Perdido Key Drive, head south over the Theo Baars Bridge. Turn left onto Gongora Drive. Turn left onto Don Carlos Drive. Turn left onto River Road. Right turn into Banana Bay (gate code needed).
  • Architectural Style: Mediterranean
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Spa Features: Community
  • Appliances: Electric Water Heater, Dryer, Washer, Dishwasher, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Storage, Baseboards, Ceiling Fan(s), High Ceilings, Recessed Lighting, Vaulted Ceiling(s), Bonus Room
  • Living Area: 1884
  • Window Features: Double Pane Windows, Blinds, Drapes, Drapery Rods
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Living/Dining Combo
  • Room Kitchen Features: Not Updated, Granite Counters

Exterior Features

  • Roof: Metal
  • Lot Features: Interior Lot
  • Pool Features: Gunite
  • Waterfront Features: Intracoastal Waterway, Beach Access, Deed Access, Pier
  • Waterfront: Yes
  • Construction Type: ICFs (Insulated Concrete Forms)
  • Exterior Features: Rain Gutters, Dock
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: 2 Space/Unit, Driveway, Front Entrance

Utilities

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Laundry Features: W/D Hookups, Laundry Room
  • 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, Fitness Center, Fishing, Gated, Marina, Pier, Sauna, Steam Room, Waterfront Deed Access
  • Association Fee: 2200
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association, Maintenance, Recreation Facility, Trash, Water/Sewer

Schools

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

Lot Info

  • Lot Size Sq Ft: 2178
  • Zoning Description: Res Multi

Map

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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
2025 $5,043 $380,208 $70,000 $310,208
2024 $4,671 $380,208 $70,000 $310,208
2023 $4,671 $335,471 $0 $0
2022 $4,211 $304,974 $50,000 $254,974
2021 $3,565 $248,387 $0 $0
2020 $3,300 $233,085 $0 $0
2019 $3,387 $237,458 $0 $0
2018 $3,207 $258,472 $0 $0
2017 $2,574 $170,900 $0 $0
2016 $2,487 $162,045 $0 $0
2015 $2,500 $162,045 $0 $0
2014 $2,687 $173,187 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2025 10/18/25 For Sale $559,000 +46.1% $297 / Sq Ft
12/16/2021 12/16/21 Sold $382,500 0.0% $203 / Sq Ft View Prior Sale
10/27/2021 10/27/21 For Sale $382,500 +23.4% $203 / Sq Ft
07/30/2018 07/30/18 Sold $310,000 0.0% $172 / Sq Ft View Prior Sale
06/08/2018 06/08/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $310,000 -- $172 / Sq Ft
Source: Pensacola Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $100 Home Title Experts
Warranty Deed $382,500 Attorney
Warranty Deed $310,000 Attorney
Warranty Deed $345,000 Surety Land Title Of Fl Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $381,500 New Conventional
Previous Owner $315,665 VA
Previous Owner $275,000 New Conventional
Source: Public Records

Source: Pensacola Association of REALTORS®

MLS Number: 672555

Pensacola Association of REALTORS®

APN: 14-3S-32-1011-020-003