16604 Perdido Key Dr, Unit 2

Pensacola, FL 32507

$1,099,000
Price
4
Beds
3,556 Sq. Ft.
$309 / Sq. Ft.
3,556
Sq. Ft.
$309
per Sq. Ft.
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Welcome to Mallory Square North

Description

Price Reduced. A 'Must See'! Unique waterfront community on Old River. There are only 5 individual residential detached 2 story homes in this quiet community. This beautiful home has an outdoor, large outdoor shower under cover near outdoor kitchen, plenty of storage, even pre-framed for an optional private elevator. There is enough private parking space under the unit for up to 3 cars, also a private, separate enclosed garage building, perfect for a boat, additional car, storage, etc. A private...Price Reduced. A 'Must See'! Unique waterfront community on Old River. There are only 5 individual residential detached 2 story homes in this quiet community. This beautiful home has an outdoor, large outdoor shower under cover near outdoor kitchen, plenty of storage, even pre-framed for an optional private elevator. There is enough private parking space under the unit for up to 3 cars, also a private, separate enclosed garage building, perfect for a boat, additional car, storage, etc. A private Riverside boat dock and pier with one slip per unit and guest.. There are NO additional fees for the private boat garage or private boat slip. Those two amenities alone are great assets on Perdido Key, included in the monthly dues. This property is on Old River, and directly across the street from the gorgeous Florida Gulf Coast sugar white sandy beaches, emerald green Gulf waters, great for surfing, swimming, boating, skiing, fishing and more. This property has all the benefits of a condo association community yet is a private stand alone home. Balconies with Key West shutters, metal roof, beautiful hard wood floors and ceilings throughout, solid hard wood doors, open floor plan, wet bar area, fireplaces, large pantry, stainless steel appliances, concrete countertops, crown molding, vaulted ceilings, built-in bookcases. Great second home or rental investment. Average 50k annual rental income. Many modern features of luxury throughout the home, nicely furnished and decorated, turn-key ready. Just minutes from the Gulf State Camp Grounds/Parks, nice restaurants, grocery store, shopping, golf courses, museums, the Naval Air Station, historic downtown Pensacola, music and entertainment for all ages, the Wharf at Orange Beach, Gulf Shores, Flora-Bama, plus it is "Home of the Blue Angels"!
  1. Listed by Cathi Oursler • Levin Rinke Realty • cathi@levinrinkerealty.com

Property Details for 16604 Perdido Key Drive, Unit 2

Architectural Style
Contemporary, Cottage
View
River, Water
Waterfront Features
Intracoastal Waterway, River Front, Beach Access, Deed Access, Natural, Pier
Zoning Description
Res Multi
LISTING UPDATED: 03/01/2026 02:04 AM

Property Details for 16604 Perdido Key Drive, Unit 2

StatusActive
MLS #676832
Days on Market32
Taxes-
HOA Fees$17,940 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2021
Lot Size1.14 AC / 49,871 SF
CountyEscambia County
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Location

Listing Courtesy of Levin Rinke Realty
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Building Information for 16604 Perdido Key Drive, Unit 2

Stories2Year Built2021Building Size-Lot Size1.14 AC / 49,871 SF

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$7,960 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,356

Property Taxes

$1,109

HOA Dues

$1,495

The Payment Calculator is for illustrative purposes only.

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Property Information for 16604 Perdido Key Drive, Unit 2

Summary
Location and General Information
  • Directions: From Alabama, after crossing AL/FL line, property approx. 1 mile past state line on the North side of Perdido Key Drive, see Mallory Square North sign in front, go through gate, 2nd house on right.
  • Latitude: 30.28542
  • Longitude: -87.501338
  • Subdivision Name: Mallory Square North
Taxes and HOA Information
  • Association Fee Includes: Association, Deed Restrictions, Maintenance Grounds, Insurance, Management, Pest Control, Trash
  • Tax Legal Description: UNIT 2 MALLORY SQUARE NORTH OR 8793 P 508
  • Association: Yes
Parking
  • Carport Spaces: 3.0
  • Garage Spaces: 1.0
  • Parking Features: Garage, 3 Car Carport, Boat, Covered, Detached, Golf Cart Garage, Guest, Oversized, RV/Boat Parking
  • Parking Total: 3.0
  • Carport: Yes
  • Garage: Yes
School Information
  • Elementary School: Hellen Caro
  • High School: Escambia
  • Middle Or Junior School: BAILEY
Property
Lot Information
  • Construction Materials: Frame
  • Levels: Two
  • Lot Features: Central Access, Interior Lot
  • Lot Size Dimensions: 100x770
  • Road Responsibility: County Maintained Road
  • Roof: Metal
  • Cooling: Yes
  • Fireplace: Yes
  • Heating: Yes
  • Horse: No
  • New Construction: No
  • Property Attached: No
  • View: Yes
  • Waterfront: Yes
Property and Assessments
  • Disclaimer: Built as a Condominium Association managed via F.S. 718
  • Documents Count: 1
  • Parcel Number: 064S322101000002
  • Homestead: No
  • Photos Count: 32
  • Property Condition: Resale
Green Features
  • Green Energy Efficient: Insulation, Insulated Floors, Insulated Walls
Utilities
  • Electric: Circuit Breakers, Copper Wiring
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Community Features: Beach, Pool, Dock, Fishing, Gated, Pier, Waterfront Deed Access
  • Exterior Features: Balcony, Barbecue, Outdoor Kitchen, Dock, Boat Slip
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Covered, Deck, Patio
  • Pool Features: Gunite, In Ground
  • Security Features: Smoke Detector(s)
Interior Features
  • Appliances: Electric Water Heater, Dryer, Washer, Wine Cooler, Built In Microwave, Dishwasher, Disposal, Refrigerator
  • Cooling: Central Air, Ceiling Fan(s)
  • Covered Spaces: 4.0
  • Door Features: Insulated Doors, Storm Door(s)
  • Fireplace Features: Two or More
  • Flooring: Hardwood, Tile
  • Heating: Central
  • Interior Features: Storage, Baseboards, Bookcases, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, High Ceilings, High Speed Internet, Recessed Lighting, Vaulted Ceiling(s), Wet Bar
  • Laundry Features: Inside, W/D Hookups
  • Stories: 2
  • Window Features: Double Pane Windows, Storm Window(s), Blinds, Drapes, Shutters
Room Information
Room Information
  • Room Bathroom Features: Updated
  • Room Bedroom Area: 187.0
  • Room Bedroom Length: 11.0
  • Room Bedroom Level: Second
  • Room Bedroom Width: 17.0
  • Room Dining Room Features: Breakfast Bar, Kitchen/Dining Combo, Living/Dining Combo
  • Room Kitchen Area: 462.0
  • Room Kitchen Features: Updated, Pantry
  • Room Kitchen Length: 22.0
  • Room Kitchen Level: First
  • Room Kitchen Width: 21.0
Room 1 Information
  • Room Bedroom 1 Area: 247.0
  • Room Bedroom 1 Length: 19.0
  • Room Bedroom 1 Level: Second
  • Room Bedroom 1 Width: 13.0
Rental
Rental Information
  • Leasable Area Units: Square Feet
  • Rent Restrictions: No
  • Pets Allowed: Yes
  • Lease Considered: No

Property History for 16604 Perdido Key Drive, Unit 2

DateEvent & SourcePriceAppreciation
Feb 25, 2026

Price Change

PENSACOLA #676832

$1,099,000—
Jan 29, 2026

Price Change

PENSACOLA #676832

$1,175,000—
Jan 29, 2026

Listed (Active)

PENSACOLA #676832

$1,099,000—
May 18, 2022

Sold (Public Record)

Public Record #1491448777

$1,080,000

+39.0% / yr

Apr 21, 2022

Listed (Active)

PENSACOLA #607450

$1,099,000—
Nov 15, 2021

Sold (Public Record)

Public Record #1478204791

$915,000—
Nov 15, 2021

Sold

PENSACOLA #576397

$915,000—
Sep 30, 2021

In Contract

PENSACOLA #576397

—
Feb 8, 2021

Pending

PENSACOLA #576397

—
Aug 1, 2020

Listed (Active)

PENSACOLA #576397

$925,000—
DateEvent & SourcePrice
02/25/2026

Price Change

PENSACOLA #676832

$1,099,000
01/29/2026

Price Change

PENSACOLA #676832

$1,175,000
01/29/2026

Listed (Active)

PENSACOLA #676832

$1,099,000
05/18/2022

Sold (Public Record)

Public Record #1491448777

$1,080,000

+39.0% / yr

04/21/2022

Listed (Active)

PENSACOLA #607450

$1,099,000
11/15/2021

Sold (Public Record)

Public Record #1478204791

$915,000
11/15/2021

Sold

PENSACOLA #576397

$915,000
09/30/2021

In Contract

PENSACOLA #576397

—
02/08/2021

Pending

PENSACOLA #576397

—
08/01/2020

Listed (Active)

PENSACOLA #576397

$925,000

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 2

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-32-2101-000-002

Schools near 16604 Perdido Key Drive, Unit 2

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 2, Pensacola, FL 32507

16604 Perdido Key Drive, Unit 2 is a single family home for sale in Pensacola, FL 32507. This property was listed for sale on January 29, 2026 by Levin Rinke Realty, it's currently listed at $1,099,000. It has been on the market for a total of 32 days and was last sold on May 18, 2022. 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 2 is a 4-bed, 5-bath, 3,556 sqft single family home 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.