$500,000
SOLD JAN 30, 2025
0.19 Acre
$2,701,243 Price per Acre
8,063 Sq Ft Lot

Recently Sold

23% Below List Price

146 Days on Market

Highlights

  • Beach
  • Gulf View
  • Corner Lot

About This Lot

As of January 2025

NEW PRICE ADJUSTMENT, Don't miss your chance to build your Gulf and River View Dream Home on this Gorgeous Lot nestled in the heart of Perdido Key State Park with access (with crosswalk) out your front door!! No HOA fees and Short Term Rentals are Allowed.Adjoining lot (Lot 1A, 7267 Sharp Reef) also available if you want to build a mega home, duplex or two separate homes! incredible short term rental rental potential or simply build your dream home and enjoy direct Gulf views and access without the Gulf Front price! Also enjoy unobstructed views of Old River and Perdido Key State Park land from West side of your Dream Home. This lot has it all!

Last Agent to Sell the Property

Lauren Moore

Levin Rinke Realty Brokerage Email: lauren@sandcastlesearch.com Listed on: 08/04/2024

Levin Rinke Realty

Last Buyer's Agent

Lauren Moore

Levin Rinke Realty Brokerage Email: lauren@sandcastlesearch.com Listed on: 08/04/2024

Levin Rinke Realty

Property Details

Property Type

  • Land

Lot Details

  • 8,063 Sq Ft Lot
  • Lot Dimensions: 90
  • Property fronts a county road
  • Corner Lot

Property Views

  • Gulf
  • River

Schools

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

Utilities

  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 323S321301000001

Community Details

Overview

  • Perdido Key Coves Subdivision

Recreation

  • Beach

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Parcel Number: 323S321301000001
  • Property Type: Land
  • Property Sub Type: Residential Lots
  • Horses: No
  • Lot Size Acres: 0.1851
  • Lot Size: 90.07x93.91x55.53x38.81x75.24
  • Road Frontage Type: County Road
  • Subdivision Name: Perdido Key Coves
  • Directions: West on Sorrento Road over Theo Bears Bridge to Perdido Key Drive, continue approximately 3.8 miles West past to Sharp Reef, Lot is on corner of Perdido Key Drive and Sharp Reef
  • Attribution Contact: lauren@sandcastlesearch.com
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Corner Lot
  • View: Gulf, River, Water
  • View: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Beach

Schools

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

Lot Info

  • Current Use: Residential
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 8062.956
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2024
Closed on
Jan 30, 2025
Sold by
Kenney William H and Kenney Ina Fae
Bought by
T A L Property Management Llc
Seller's Agent
Lauren Moore
Levin Rinke Realty
Buyer's Agent
Lauren Moore
Levin Rinke Realty
List Price
$650,000
Sold Price
$500,000
Premium/Discount to List
-$150,000
-23.08%
Views
15
Current Estimated Value
$521,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,702
Avg. Annual Appreciation
4.83%

Purchase Details

Closed on
Apr 20, 2021
Sold by
Stillwell Neil and Stiliwell Georgia Nell
Bought by
Kenney William H and Kenney Ma Fae

Purchase Details

Closed on
Dec 17, 2020
Sold by
Stillwell Neil and Stillwell Georgia Nell
Bought by
Stillwell Neil and Stillwell Georgia Nell

Purchase Details

Closed on
Jan 12, 2007
Sold by
Wtm Properties Llc
Bought by
Stillwell Neil and Stillwell Georgia Neil

Purchase Details

Closed on
May 19, 2005
Sold by
Dfi One Llc
Bought by
Wtm Properties Llc

Purchase Details

Closed on
Oct 20, 2003
Sold by
Garth Prop L L C
Bought by
D F I 1 L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2002
Sold by
Maize J Boyd
Bought by
Garth Prop L L C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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 $500,000 None Listed On Document
Warranty Deed $500,000 None Listed On Document
Warranty Deed $500,000 Attorney
Interfamily Deed Transfer -- None Available
Warranty Deed $650,000 Attorney
Warranty Deed $845,000 --
Warranty Deed $475,000 --
Warranty Deed $250,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $380,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2025 01/30/25 Sold $500,000 -9.1% --
12/28/2024 12/28/24 Pending -- -- --
11/12/2024 11/12/24 Price Changed $550,000 -15.4% --
08/04/2024 08/04/24 For Sale $650,000 -- --
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 $5,321 $200,000 $200,000 --
2023 $5,321 $400,000 $400,000 $0
2022 $5,374 $400,000 $400,000 $0
2021 $2,300 $165,000 $0 $0
2020 $1,990 $145,000 $0 $0
2019 $2,007 $145,000 $0 $0
2018 $2,048 $145,000 $0 $0
2017 $2,057 $142,500 $0 $0
2016 $2,092 $142,500 $0 $0
2015 $2,123 $142,500 $0 $0
2014 $2,152 $142,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 650146

Pensacola Association of REALTORS®

APN: 32-3S-32-1301-000-001