16604 Perdido Key Dr, Unit 1

Pensacola, FL 32507

$1,190,000
Price
4
Beds
2,875 Sq. Ft.
$414 / Sq. Ft.
2,875
Sq. Ft.
$414
per Sq. Ft.
Open: 2/22 11:00AM - 02:00PM
Open: 2/22 11:00AM - 02:00PM

Description

Boat slip on Ole River included! Welcome to Mallory Square North, where Key West charm meets luxury coastal living in Perdido Key. This stunning freestanding home is located in a gated community just across the street from the sugar-white sands of the Gulf, offering the perfect mix of beach days and boating adventures. A rare highlight of this unit is the designated boat slip on Ole River, plus an oversized private storage/garage space large enough to store a boat—ideal for boaters and anyone needing...Boat slip on Ole River included! Welcome to Mallory Square North, where Key West charm meets luxury coastal living in Perdido Key. This stunning freestanding home is located in a gated community just across the street from the sugar-white sands of the Gulf, offering the perfect mix of beach days and boating adventures. A rare highlight of this unit is the designated boat slip on Ole River, plus an oversized private storage/garage space large enough to store a boat—ideal for boaters and anyone needing extra room for beach gear, paddleboards, and fishing equipment. Inside, enjoy a spacious 4-bedroom, 4.5-bath layout with every bedroom featuring an ensuite bathroom for ultimate privacy. The open-concept living area is made for entertaining with a gas fireplace, wet bar, and wine fridge. The kitchen shines with custom cabinetry, a large pantry, and stylish concrete countertops. Upscale finishes include 10’ ceilings and 8’ doors on the main level, tongue-and-groove ceilings, crown molding, hardwood floors, and tiled showers throughout. A bonus bunk room offers extra sleeping space, while the primary suite features a gas fireplace, walk-in closet, and spa-like bath with a soaking tub and separate shower. Enjoy resort-style amenities including a community pool with sun shelf and beautiful Ole River views. Outdoor living is easy with an outdoor kitchen (built-in grill + sink) and an outdoor shower for rinsing off after the beach. Parking is a breeze with under-unit parking plus the detached storage/garage. Located just 1 mile from Flora-Bama, with quick access to dining, entertainment, and the best of Perdido Key waterfront living. Buyer to verify all information.
  1. Listed by Katy Collins • Levin Rinke Realty • katymcollins@yahoo.com
  2. Listed by Liz Harrison • Levin Rinke Realty

Property Details for 16604 Perdido Key Drive, Unit 1

Architectural Style
Contemporary, Cottage
View
River, Water
Waterfront Features
Intracoastal Waterway, River Front
Zoning Description
Res Multi

Open Houses

Sunday, Feb 22nd

11:00 AM - 2:00 PM

Public

LISTING UPDATED: 02/20/2026 10:02 PM

Property Details for 16604 Perdido Key Drive, Unit 1

StatusActive
MLS #677445
Days on Market10
Taxes-
HOA Fees$18,000 / year
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condo
Year Built2021
CountyEscambia County

Location

Listing Courtesy of Levin Rinke Realty
Add your commute

Building Information for 16604 Perdido Key Drive, Unit 1

Building/ComplexMallory SquareFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built2021

Payment Calculator

$8,409 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,800

Property Taxes

$1,109

HOA Dues

$1,500

The Payment Calculator is for illustrative purposes only.

Property Information for 16604 Perdido Key Drive, Unit 1

Summary
Location and General Information
  • Directions: Across from SeaWatch condos on Ole River side
  • Latitude: 30.28542
  • Longitude: -87.501338
  • Subdivision Name: None
Taxes and HOA Information
  • Association Fee Includes: Association, Cable TV, Insurance, Trash, Water/Sewer
  • Tax Legal Description: UNIT 1 MALLORY SQUARE NORTH OR 8650 P 396
  • Association: Yes
Parking
  • Parking Features: Covered, Guest
  • Carport: No
  • Garage: No
School Information
  • Elementary School: Hellen Caro
  • High School: Escambia
  • Middle Or Junior School: BAILEY
Property
Lot Information
  • Building Name: Mallory Square
  • Construction Materials: Frame
  • Levels: Two
  • Lot Features: Central Access
  • Road Responsibility: Private Maintained Road
  • Roof: Metal
  • Cooling: Yes
  • Fireplace: Yes
  • Heating: Yes
  • Horse: No
  • New Construction: No
  • View: Yes
  • Waterfront: Yes
Property and Assessments
  • Documents Count: 3
  • Parcel Number: 064S322101000001
  • Homestead: No
  • Photos Count: 60
  • Property Condition: Resale
Utilities
  • Electric: Copper Wiring
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Community Features: Pool, Dock, Gated, Waterfront Deed Access
  • Exterior Features: Balcony, Barbecue, Outdoor Kitchen, Dock
  • Foundation Details: Pillar/Post/Pier
  • Pool Features: In Ground
  • Security Features: Smoke Detector(s)
Interior Features
  • Appliances: Tankless Water Heater/Gas, Wine Cooler, Disposal
  • Cooling: Central Air, Ceiling Fan(s)
  • Fireplace Features: Two or More
  • Flooring: Hardwood, Tile
  • Heating: Central
  • Interior Features: Ceiling Fan(s), High Ceilings, High Speed Internet, Recessed Lighting, Wet Bar
  • Laundry Features: Inside, W/D Hookups
  • Stories: 2
  • Window Features: Shutters
Room Information
Room Information
  • Room Bathroom Features: Not Updated
  • Room Bedroom Area: 187.0
  • Room Bedroom Length: 11.0
  • Room Bedroom Level: Third
  • Room Bedroom Width: 17.0
  • Room Dining Room Features: Living/Dining Combo
  • Room Kitchen Features: Not Updated
Room 1 Information
  • Room Bedroom 1 Area: 156.0
  • Room Bedroom 1 Length: 13.0
  • Room Bedroom 1 Level: Third
  • Room Bedroom 1 Width: 12.0
Room 2 Information
  • Room Bedroom 2 Level: Second
Rental
Rental Information
  • Leasable Area Units: Square Feet
  • Rent Restrictions: No
  • Lease Considered: No

Property History for 16604 Perdido Key Drive, Unit 1

DateEvent & SourcePriceAppreciation
Feb 10, 2026

Listed (Active)

PENSACOLA #677445

$1,190,000—
Oct 20, 2025

Expired

PENSACOLA #661978

—
Apr 6, 2025

Price Change

PENSACOLA #661978

$1,190,000—
Apr 4, 2025

Price Change

PENSACOLA #661978

$1,195,000—
Apr 4, 2025

Listed (Active)

PENSACOLA #661978

$1,190,000—
Jan 1, 2025

Expired

PENSACOLA #645699

—
Sep 8, 2024

Price Change

PENSACOLA #645699

$1,195,000—
May 15, 2024

Price Change

PENSACOLA #645699

$1,250,000—
May 15, 2024

Listed (Active)

PENSACOLA #645699

$1,195,000—
Oct 28, 2021

Sold

PENSACOLA #576398

$950,000—
Oct 26, 2021

Sold (Public Record)

Public Record #1475769296

$950,000—
Sep 30, 2021

In Contract

PENSACOLA #576398

—
Apr 9, 2021

Pending

PENSACOLA #576398

—
Aug 1, 2020

Listed (Active)

PENSACOLA #576398

$950,000—
DateEvent & SourcePrice
02/10/2026

Listed (Active)

PENSACOLA #677445

$1,190,000
10/20/2025

Expired

PENSACOLA #661978

—
04/06/2025

Price Change

PENSACOLA #661978

$1,190,000
04/04/2025

Price Change

PENSACOLA #661978

$1,195,000
04/04/2025

Listed (Active)

PENSACOLA #661978

$1,190,000
01/01/2025

Expired

PENSACOLA #645699

—
09/08/2024

Price Change

PENSACOLA #645699

$1,195,000
05/15/2024

Price Change

PENSACOLA #645699

$1,250,000
05/15/2024

Listed (Active)

PENSACOLA #645699

$1,195,000
10/28/2021

Sold

PENSACOLA #576398

$950,000
10/26/2021

Sold (Public Record)

Public Record #1475769296

$950,000
09/30/2021

In Contract

PENSACOLA #576398

—
04/09/2021

Pending

PENSACOLA #576398

—
08/01/2020

Listed (Active)

PENSACOLA #576398

$950,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 16604 Perdido Key Drive, Unit 1

Taxable ValueLand-Additions-Total-
Tax Record2024$13,310 ($1,109 / month)
Home Facts
Beds0Total Finished SqFt3,566 SqFtAbove Grade Finished SqFt3,566 SqFtStories2Lot Size49,876 SqFtStyleCondominiumYear Built2021ZoningMDR-PKCountyESCAMBIAAPN06-4S-32-2101-000-001

Schools near 16604 Perdido Key Drive, Unit 1

This home is within Escambia.
Rating
School
Type
Grades
Distance
Hellen Caro Elementary School
Public - PK to 5
Jim C. Bailey Middle School
Public - 6 to 8
Escambia High School
Public - 9 to 12
PENSACOLA STATE CHARTER ACADEMY
Charter - 10 to 12
Rating
School
Distance
Hellen Caro Elementary School
PublicPK to 5

Jim C. Bailey Middle School
Public6 to 8

Escambia High School
Public9 to 12

PENSACOLA STATE CHARTER ACADEMY
Charter10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 16604 Perdido Key Drive, Unit 1, Pensacola, FL 32507

16604 Perdido Key Drive, Unit 1 is a condo for sale in Pensacola, FL 32507. This property was listed for sale on February 10, 2026 by Levin Rinke Realty, it's currently listed at $1,190,000. It has been on the market for a total of 10 days and was last sold on October 28, 2021. This listing's school district is Escambia. Nearby schools include Hellen Caro Elementary School, Jim C. Bailey Middle School and Escambia High School. 16604 Perdido Key Drive, Unit 1 is a 4-bed, 5-bath, 2,875 sqft condo built in 2021.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Levin Rinke Realty

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.