$509,000
$16K PRICE DROP

7227 Sharp Reef Rd Unit 4 Pensacola, FL 32507

Perdido Key Neighborhood

Estimated payment $3,897/month

Total Views 8,947
2 Beds
2.5 Baths
1,383 Sq Ft
$368 Price per Sq Ft

Highlights

  • Beach
  • Bay View
  • Vaulted Ceiling
  • In Ground Pool
  • Deck
  • Traditional Architecture

About This Home

Tucked within a small, low-density development with its own private pool, this property offers a peaceful setting with excellent proximity to the Gulf—perfect for use as a vacation home or short-term rental investment. This fully furnished 2-bedroom, 2.5-bath townhome with a bonus sleeping loft is located on the desirable west end of Perdido Key, just a short walk to public beach access and surrounded by miles of protected seashore. Inside, the layout is ideal for extended stays or hosting guests. The main level features an open living area with comfortable seating, a large 55" TV, and two sleeper sofas. The eat-in kitchen includes a spacious ceramic tile bar and comes fully equipped, ready for everything from simple snacks to preparing the day’s fresh catch. Upstairs, the primary suite includes a new king-size bed, en-suite bath, and private balcony with views to the east for enjoying sunrise. The guest bedroom also offers a new king bed, attached bath, and views of the deck and community pool. A custom ladder leads to the upstairs loft, furnished with two twin beds—an ideal hangout space for kids or teens. A rare find in Perdido Key, this property has a private finished garage with storage and organization for all the beach, pool and fishing gear too! Whether you're looking for a personal beach retreat or a vacation rental with strong income potential, this townhome offers a rare opportunity in a location that combines natural beauty, convenience, and that classic laid-back Perdido Key charm. Contact this listing agent today to schedule a private showing.

Listing Agent

JD Hallam

Perdido Key Resort Realty LLC Listed on: 04/24/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,787

Year Built

  • Built in 2008

Lot Details

  • 1,307 Sq Ft Lot

HOA Fees

  • $800 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,383 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Combination Kitchen and Dining Room
  • Inside Utility
  • Bay Views

Kitchen

  • Down Draft Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Bamboo
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck
  • 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
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 323S321301020004

Community Details

Overview

  • Association fees include deed restrictions
  • Perdido Key Coves Subdivision

Recreation

  • Beach
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,787

Year Built

Built in 2008

Lot Details

0

HOA Fees

$800 per month

Parking

1

Listing Details

  • Stories: 3
  • Parcel Number: 323S321301020004
  • Property Type: Residential Attached
  • Year Built: 2008
  • Electric: Circuit Breakers, Copper Wiring
  • Property Sub Type: Res Attached
  • Horses: No
  • Lot Size Acres: 0.03
  • Road Surface Type: Paved
  • Subdivision Name: Perdido Key Coves
  • Directions: From Perdido Key dr, turn onto Sharp reef. The development will be the blue townhomes on the west side of the road. Enter from the west side of the building (you'll need to walk aorund the building and up one flight of stairs to get to the front door).
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Built In Microwave, Dishwasher, Down Draft, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Bamboo, Tile, Carpet
  • Interior Amenities: Baseboards, Crown Molding, High Ceilings, High Speed Internet, Vaulted Ceiling(s)
  • Living Area: 1383
  • Window Features: Blinds, Drapes, Drapery Rods
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Kitchen/Dining Combo
  • Living Room Living Room Level: First
  • Room Kitchen Features: Not Updated, Granite Counters, Kitchen Island
  • Room Living Room Area: 1
  • Room Kitchen Area: 1

Exterior Features

  • Roof: Metal
  • Pool Features: In Ground
  • View: Bay, Water
  • View: Yes
  • Construction Type: Frame
  • Exterior Features: Balcony, Rain Gutters
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage, 2 Space/Unit
  • Total Parking Spaces: 1

Utilities

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Beach, Pool
  • Association Fee: 9600
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association, Deed Restrictions

Schools

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

Lot Info

  • Lot Size Sq Ft: 1306.8
  • Zoning Description: Deed Restrictions,Res Multi

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 $4,787 $367,868 $50,000 $317,868
2023 $4,787 $351,426 $50,000 $301,426
2022 $3,755 $314,205 $50,000 $264,205
2021 $3,237 $230,517 $0 $0
2020 $2,941 $214,617 $0 $0
2019 $2,840 $216,987 $0 $0
2018 $2,601 $189,755 $0 $0
2017 $2,285 $150,750 $0 $0
2016 $2,207 $142,819 $0 $0
2015 $2,215 $142,819 $0 $0
2014 $2,215 $141,824 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 Price Changed $509,000 -3.0% $368 / Sq Ft
04/24/2025 04/24/25 For Sale $525,000 +16.9% $380 / Sq Ft
11/10/2022 11/10/22 Sold $449,000 0.0% $325 / Sq Ft
10/08/2022 10/08/22 Pending -- -- --
10/03/2022 10/03/22 For Sale $449,000 -- $325 / Sq Ft
Source: Pensacola Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $449,000 Omega Title
Quit Claim Deed $100 Omega Title
Quit Claim Deed -- Attorney
Quit Claim Deed -- Attorney
Warranty Deed $140,000 --
Warranty Deed -- --
Quit Claim Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $112,000 Purchase Money Mortgage
Closed $14,000 No Value Available
Source: Public Records

Source: Pensacola Association of REALTORS®

MLS Number: 663199

Pensacola Association of REALTORS®

APN: 32-3S-32-1301-020-004