$625,000
SOLD JUN 27, 2025

Shipwatch Condo 16787 Perdido Key Dr Unit D701 Pensacola, FL 32507

Perdido Key Neighborhood
2 Beds
2 Baths
1,184 Sq Ft
$933/mo HOA Fee

Recently Sold

$528 Per Sq Ft

7% Below List Price

31 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Beach
  • Parking available for a boat
  • Boat Dock
  • Boat or Launch Ramp
  • Property fronts gulf or ocean

About This Home

As of June 2025

Welcome to Shipwatch, unit 701D in beautiful Perdido Key, FL! Relax on the spacious covered balcony—accessible from both the living room and primary bedroom—while enjoying stunning Gulf views. The open-concept kitchen flows seamlessly into the main living and dining areas and is outfitted with warm wood cabinetry, granite countertops, a convenient eat-in bar, stainless steel appliances, and a beverage cooler. The primary suite offers tranquil views of the Gulf and includes a generous en-suite bathroom with dual vanities, and an oversized walk-in closet with ample storage space. Shipwatch owners enjoy the best of coastal living, with access to serene, uncrowded beaches and exceptional boating amenities—such as a private boat launch, storage, and first-come, first-serve boat slips on the deep waters of Ole River, just across the street. Shipwatch amenities include a beachfront pool, hot tub/ sauna, fitness, grill area, 2 pools (one gulf side and one bay side), boat access to Old River, basketball goal, tennis and pickle ball courts on property. This complex is also in walking distance to the Flora/Bama

Last Agent to Sell the Property

Tucker Shaver

Signature Properties Brokerage Phone: 251-609-9292 Listed on: 05/05/2025

Last Buyer's Agent

Tina DAversa

EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,611

Year Built

  • Built in 1983

Lot Details

HOA Fees

  • $933 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Built-Up Roof
  • Concrete Siding

Interior Spaces

  • 1,184 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • Shutters
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Wine Cooler
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Parking Lot
  • Parking available for a boat
  • RV or Boat Parking

Outdoor Features

  • In Ground Pool
  • Deeded Waterfront Access Rights
  • Pier
  • Boat or Launch Ramp
  • Boat Slip
  • Docks
  • Balcony
  • Covered Deck
  • Gazebo

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 014S331100701004

Community Details

Overview

  • Association fees include cable TV, ground maintenance, maintenance, management, pest control, recreation facility, trash, water/sewer
  • Shipwatch Surf & Yacht Club Subdivision

Amenities

  • Picnic Area
  • Elevator

Recreation

  • Pier or Dock
  • Fishing Pier
  • Beach
  • Handball Court

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,611

Year Built

Built in 1983

Lot Details

0

HOA Fees

$933 per month

Listing Details

  • Parcel Number: 014S331100701004
  • Property Type: Residential
  • Year Built: 1983
  • Electric: Circuit Breakers
  • Property Sub Type: Condo
  • Horses: No
  • Lot Size Acres: 10.04
  • Road Surface Type: Paved
  • Subdivision Name: Shipwatch Surf & Yacht Club
  • Directions: From Perdido Key take Perdido Key Dr. and Shipwatch will be on the left
  • Architectural Style: Contemporary
  • Building Name: Shipwatch Surf & Yacht Club
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 4 to 7 Story
  • New Construction: No
  • Kitchen Level: First
  • Attribution Contact: CELL: 251-609-9292
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dryer, Washer, Wine Cooler, Built In Microwave, Dishwasher, Disposal, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), High Speed Internet
  • Living Area: 1184
  • Window Features: Shutters
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Breakfast Bar, Living/Dining Combo
  • Master Bedroom Features: Ceiling Fan(s), Walk-In Closet(s)
  • Room Kitchen Features: Not Updated, Granite Counters
  • Room Kitchen Area: 154
  • Master Bathroom Features: Double Vanity

Exterior Features

  • Roof: Built-Up
  • Pool Features: In Ground
  • View: Gulf, Water
  • View: Yes
  • Waterfront Features: Gulf, Waterfront, Beach Access, Boat Launch, Natural, Pier
  • Waterfront: Yes
  • Construction Type: Concrete
  • Exterior Features: Balcony, Dock, Boat Slip
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Covered Deck
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Boat, Guest, Parking Lot, RV/Boat Parking

Utilities

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)
  • Sewer: Public Sewer
  • 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, Elevator, Fitness Center, Fishing, Handball Court, Pavilion/Gazebo, Picnic Area, Pier, Sauna, Tennis Court(s), Waterfront Deed Access
  • Association Fee: 11192.43
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association, Cable TV, Maintenance Grounds, Maintenance, Management, Pest Control, Recreation Facility, Trash, Water/Sewer

Schools

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

Lot Info

  • Lot Size Sq Ft: 437342.4
  • Zoning Description: Res Multi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2025
Closed on
Jun 20, 2025
Sold by
Reaves Martha G
Bought by
Gregory Mark T and Gregory Valerie A
Seller's Agent
Tucker Shaver
Signature Properties
Buyer's Agent
Tina DAversa
EXP Realty, LLC
List Price
$675,000
Sold Price
$625,000
Premium/Discount to List
-$50,000
-7.41%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.51%

Purchase Details

Closed on
May 31, 2024
Sold by
Burton James J and Burton Amanda S
Bought by
Reaves Martha G

Purchase Details

Listed on
Sep 25, 2019
Closed on
Oct 28, 2019
Sold by
Pruet Arthur W and Pruet Madelyn
Bought by
Burton James J and Burton Amanda S
Seller's Agent
Kerri Hutchinson
Levin Rinke Realty
Buyer's Agent
Deborah Eells
Coastal Paradise Real Estate, LLC
List Price
$479,900
Sold Price
$480,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%
Original Mortgage
$300,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 24, 2016
Closed on
May 2, 2016
Sold by
Womble Enterprises Llc
Bought by
Pruet Arthur W and Pruet Madelyn
Seller's Agent
Katherine Justice
Levin Rinke Realty
Buyer's Agent
Kerri Hutchinson
Levin Rinke Realty
List Price
$399,000
Sold Price
$381,500
Premium/Discount to List
-$17,500
-4.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%

Purchase Details

Closed on
Sep 12, 2013
Sold by
Gift Daniel T and Gift Camille C
Bought by
Womble Enterprises Llc

Purchase Details

Closed on
Jan 21, 2008
Sold by
Gift Daniel T
Bought by
Gift Daniel T and Gift Camille C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2008
Sold by
Kilpatrick Andrew C
Bought by
Gift Daniel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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 $625,000 None Listed On Document
Warranty Deed $650,000 Allure Title
Warranty Deed $480,000 Attorney
Warranty Deed $381,500 Coastal Land Title Llc
Warranty Deed $303,500 Attorney
Interfamily Deed Transfer $160,500 Attorney
Warranty Deed $401,300 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $301,500 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $304,000 New Conventional
Previous Owner $321,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Sold $625,000 -7.4% $528 / Sq Ft
06/05/2025 06/05/25 Pending -- -- --
05/05/2025 05/05/25 For Sale $675,000 +40.6% $570 / Sq Ft
10/28/2019 10/28/19 Sold $480,000 0.0% $405 / Sq Ft
09/24/2019 09/24/19 For Sale $479,900 +25.8% $405 / Sq Ft
05/02/2016 05/02/16 Sold $381,500 -4.4% $322 / Sq Ft
03/24/2016 03/24/16 For Sale $399,000 -- $337 / Sq Ft
05/15/2015 05/15/15 Pending -- -- --
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 $6,611 $503,200 -- $503,200
2023 $6,611 $479,934 $0 $0
2022 $6,198 $479,520 $0 $479,520
2021 $3,421 $237,984 $0 $0
2020 $5,527 $396,640 $0 $0
2019 $4,923 $349,280 $0 $0
2018 $4,863 $351,648 $0 $0
2017 $4,380 $297,000 $0 $0
2016 $4,015 $268,000 $0 $0
2015 $3,757 $252,500 $0 $0
2014 $3,387 $219,789 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tucker Shaver

    Seller's Agent in 2025

    Tucker Shaver

    Signature Properties

    (251) 609-9292

    26 in this area

    268 Total Sales

    Section Image
  • Tina DAversa

    Buyer's Agent in 2025

    Tina DAversa

    EXP Realty, LLC

    (678) 457-0677

    1 in this area

    17 Total Sales

    Section Image
  • Kerri Hutchinson

    Seller's Agent in 2019

    Kerri Hutchinson

    Levin Rinke Realty

    (850) 206-9142

    31 in this area

    90 Total Sales

    Section Image
  • Peggy Butler

    Seller Co-Listing Agent in 2019

    Peggy Butler

    Levin Rinke Realty

    (850) 712-3133

    25 in this area

    38 Total Sales

    Section Image
  • Deborah Eells

    Buyer's Agent in 2019

    Deborah Eells

    Coastal Paradise Real Estate, LLC

    (850) 384-8904

    3 in this area

    66 Total Sales

    Section Image
  • Katherine Justice

    Seller's Agent in 2016

    Katherine Justice

    Levin Rinke Realty

    (850) 712-4631

    186 in this area

    232 Total Sales

    Section Image
See All Agents

About Shipwatch Condo

Map

Source: Pensacola Association of REALTORS®

MLS Number: 663792

Pensacola Association of REALTORS®

APN: 01-4S-33-1100-701-004

Florida Escambia County Pensacola 32507 Perdido Key

16787 Perdido Key Dr Unit D701, Pensacola, FL

This home is located at 16787 Perdido Key Dr Unit D701, Pensacola, FL 32507 and is currently priced at $625,000, approximately $527 per square foot. This property was built in 1983. 16787 Perdido Key Dr Unit D701 is a home located in Escambia County with nearby schools including Hellen Caro Elementary School, Jim C. Bailey Middle School, and Escambia High School.

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