NEW CONSTRUCTION
$450K PRICE DROP
7258 Captain Kidd Reef Pensacola, FL 32507
Perdido Key NeighborhoodEstimated payment $11,306/month
Total Views
28,214
6
Beds
6
Baths
4,461
Sq Ft
$460
Price per Sq Ft
Highlights
- Deeded Waterfront Access Rights
- Home fronts a seawall
- Sitting Area In Primary Bedroom
- Views of a Sound
- New Construction
- 3-minute walk to Perdido Key State Park
About This Home
New luxury construction just finished in June 2025, offering a modern coastal vibe with water views of Ole River and the Gulf. Located in a unique deep water canal subdivision where dolphins swim! Surrounded on the South, East and West by almost 300 acres of Perdido State Park. Can serve as your primary or secondary home, as well as a rental investment property with incredible potential with super low association fees! 1ST FLOOR: Features a 38ft deep open concept area that integrates the kitchen, living room, dining room and a wet bar with a stunning coffered ceiling and tongue and groove design. The kitchen blends fine stainless-steel appliances with ample counter space and a large kitchen island. The living room with a gas fireplace adds warmth and charm to the space. The dining room has plenty of space for a large dining table for everyone to enjoy together. The first floor also has two bedrooms, one being the second Master en-suite. 2ND FLOOR: Sizable Master en-suite with sliding doors that lead to the balcony with views of Ole River and the Gulf. The master bathroom includes a free-floating soaking tub, his/hers sinks, walking closet, a separate modern 10x6 walk in shower with multiple shower heads for a relaxing experience. All four bedrooms have their own bathroom and beautiful views. The laundry room also located on the second floor for convenience, is equipped with plumbing for DUAL washer and dryers and modern cabinetry for storage. OUTDOOR LIVING: outdoor grilling area, ample parking and sizeable storage for all those beach toys. This property comes pre-framed for an elevator offering future convenience if needed. Ready for boat access with an existing 45’ bulkhead and concrete walkway along the water with deep water canal access to Ole River and the Gulf. Pensacola Pass and Alabama Pass are just minutes away. Enjoy exclusive owner/guest access to pickleball and tennis courts as well as an easy walk to the deeded beach access just across the street.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,493
Year Built
- Built in 2025 | New Construction
Lot Details
- 6,303 Sq Ft Lot
- Lot Dimensions: 45
- Home fronts a seawall
- Home fronts a canal
- Interior Lot
HOA Fees
- $33 Monthly HOA Fees
Property Views
- Views of a Sound
- Bay
- Gulf
- Canal
Home Design
- Contemporary Architecture
- Hip Roof Shape
- Pillar, Post or Pier Foundation
- Frame Construction
- Metal Roof
Interior Spaces
- 4,461 Sq Ft Home
- 2-Story Property
- High Ceiling
- Open Floorplan
Kitchen
- Built-In Microwave
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- Sitting Area In Primary Bedroom
- Primary Bedroom on Main
- Walk-In Closet
- 6 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Separate Shower
Home Security
- Storm Windows
- Storm Doors
Parking
- Covered Parking
- Golf Cart Garage
Schools
- Hellen Caro Elementary School
- Bailey Middle School
- Escambia High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Multiple Heating Units
- Tankless Water Heater
Additional Features
- Energy-Efficient Insulation
- Deeded Waterfront Access Rights
Community Details
- Association fees include maintenance, recreation facility
- Perdido Key Coves Subdivision
Listing and Financial Details
- Assessor Parcel Number 323S321100010031
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,493 | $130,000 | $130,000 | -- |
| 2023 | $1,493 | $102,850 | $0 | $0 |
| 2022 | $1,434 | $125,000 | $125,000 | $0 |
| 2021 | $1,192 | $85,000 | $0 | $0 |
| 2020 | $1,173 | $85,000 | $0 | $0 |
| 2019 | $1,183 | $85,000 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/20/2025 07/20/25 | Price Changed | $2,050,000 | -2.4% | $460 / Sq Ft |
| 07/07/2025 07/07/25 | Price Changed | $2,100,000 | -8.7% | $471 / Sq Ft |
| 06/23/2025 06/23/25 | Price Changed | $2,300,000 | -2.1% | $516 / Sq Ft |
| 06/17/2025 06/17/25 | Price Changed | $2,350,000 | -2.1% | $527 / Sq Ft |
| 06/07/2025 06/07/25 | Price Changed | $2,400,000 | -4.0% | $538 / Sq Ft |
| 06/07/2024 06/07/24 | For Sale | $2,500,000 | -- | $560 / Sq Ft |
Source: Pensacola Association of REALTORS®
Similar Homes in Pensacola, FL
Source: Pensacola Association of REALTORS®
MLS Number: 647027
APN: 32-3S-32-1100-010-031
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