16787 Perdido Key Dr, Unit D603

Perdido Key, FL 32507

$699,000
Price
2
Beds
1,184 Sq. Ft.
$590 / Sq. Ft.
1,184
Sq. Ft.
$590
per Sq. Ft.
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Description

RELAX & ENJOY ISLAND LIVING IN THIS BEAUTIFULLY RENOVATED 2 BEDROOM/2 BATHROOM, GULF-FRONT 6th FLOOR RESIDENCE AT SHIPWATCH SURF & YACHT CLUB! Enjoy the best of both worlds with full boating facilities across the street! Offered FURNISHED in charming coastal décor, this residence has been completely remodeled from top to bottom and is move-in ready! Unwind on your spacious covered balcony, accessible from both the living room and primary bedroom, while soaking in breathtaking views of the Gulf. The...RELAX & ENJOY ISLAND LIVING IN THIS BEAUTIFULLY RENOVATED 2 BEDROOM/2 BATHROOM, GULF-FRONT 6th FLOOR RESIDENCE AT SHIPWATCH SURF & YACHT CLUB! Enjoy the best of both worlds with full boating facilities across the street! Offered FURNISHED in charming coastal décor, this residence has been completely remodeled from top to bottom and is move-in ready! Unwind on your spacious covered balcony, accessible from both the living room and primary bedroom, while soaking in breathtaking views of the Gulf. The open kitchen seamlessly connects to the main living and dining area, featuring crisp white cabinetry, quartz counter tops, eat-in bar, new stainless-steel appliances, and convenient ice maker. The primary bedroom not only boasts serene Gulf views but also includes a spacious bathroom complete with double vanities, walk-in tile shower and an extra-large walk-in closet with ample storage. Beautiful upgrades include NEW LVP flooring throughout, tankless water heater, lighting, fixtures and MORE! Shipwatch owners enjoy the best of both worlds with uncrowded beaches PLUS boat launch, boat storage and first-come, first-serve boat slips on the deep waters of Ole River across the street. The medium and large boat slips are available to owners for an annual fee. You also have plenty of room to store your beach, pool and boating supplies with two owner storage closets. Shipwatch has one of the strongest Homeowner Associations on the island and has excellent on-site management and maintenance staff. Other great amenities include two pools (Gulf and Riverfront), two clubhouses (Gulf and Riverfront - great for gatherings), tennis courts, fitness room and sauna. Relax and welcome home to laid-back island life!
  1. Listed by Katherine Justice • Levin Rinke Realty • theperdidogirl@gmail.com

Property Details for 16787 Perdido Key Drive, Unit D603

Architectural Style
Traditional
View
Gulf, Water
Waterfront Features
Gulf, Waterfront, Beach Access, Boat Launch, Deed Access, Natural, Pier
Zoning Description
Res Multi
LISTING UPDATED: 03/05/2026 03:25 AM

Property Details for 16787 Perdido Key Drive, Unit D603

StatusActive
MLS #671182
Days on Market173
Taxes-
HOA Fees$11,963 / year
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condo
Year Built1983
CountyEscambia County
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Location

Listing Courtesy of Levin Rinke Realty
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Building Information for 16787 Perdido Key Drive, Unit D603

Building/ComplexShipwatch Surf & Yacht ClubFloor-Stories-Residences-Pet PolicyAllowedPet Policy DetailsPets AllowedYear Built1983

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$4,957 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,407

Property Taxes

$553

HOA Dues

$997

The Payment Calculator is for illustrative purposes only.

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Property Information for 16787 Perdido Key Drive, Unit D603

Summary
Location and General Information
  • Directions: 1/4 East of Alabama State Line on Perdido Key Drive Gulf Side.
  • Latitude: 30.283201
  • Longitude: -87.507364
  • Subdivision Name: Shipwatch Surf & Yacht Club
Taxes and HOA Information
  • Association Fee Includes: Association, Cable TV, Maintenance Grounds, Management, Pest Control, Recreation Facility, Trash, Water/Sewer
  • Tax Legal Description: UNIT D-603 SHIPWATCH SURF & YACHT CLUB PHASE II ALSO 1/126 INT IN COMMON ELEMENTS OR 9124 P 942
  • Association: Yes
Parking
  • Parking Features: Parking Lot, RV/Boat Parking
  • Carport: No
  • Garage: No
School Information
  • Elementary School: Hellen Caro
  • High School: Escambia
  • Middle Or Junior School: BAILEY
Property
Lot Information
  • Building Name: Shipwatch Surf & Yacht Club
  • Construction Materials: Concrete
  • Levels: 8 or More Story
  • Road Responsibility: County Maintained Road
  • Road Surface Type: Paved
  • Roof: Built-Up
  • Cooling: Yes
  • Heating: Yes
  • Horse: No
  • New Construction: No
  • View: Yes
  • Waterfront: Yes
Property and Assessments
  • Documents Count: 6
  • Parcel Number: 014S331100603004
  • Homestead: No
  • Photos Count: 44
  • Property Condition: Resale
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Community Features: Beach, Pool, Community Room, Dock, Elevator, Fitness Center, Fishing, Pavilion/Gazebo, Picnic Area, Pier, Sauna, Tennis Court(s), Waterfront Deed Access
  • Exterior Features: Balcony, Dock
  • Foundation Details: Pillar/Post/Pier
  • Pool Features: In Ground
  • Security Features: Smoke Detector(s)
Interior Features
  • Appliances: Tankless Water Heater, Dryer, Washer, Dishwasher, Disposal, Refrigerator
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central
  • Interior Features: Baseboards, Ceiling Fan(s), Recessed Lighting
  • Laundry Features: Inside
  • Window Features: Drapes
Room Information
Room Information
  • Room Bathroom Features: Updated
  • Room Dining Room Features: Breakfast Bar, Living/Dining Combo
  • Room Kitchen Area: 154.0
  • Room Kitchen Features: Updated
  • Room Kitchen Length: 11.0
  • Room Kitchen Level: First
  • Room Kitchen Width: 14.0
Rental
Rental Information
  • Leasable Area Units: Square Feet
  • Rent Restrictions: Yes
  • Pets Allowed: Yes
  • Lease Considered: No

Property History for 16787 Perdido Key Drive, Unit D603

DateEvent & SourcePriceAppreciation
Feb 22, 2026

Price Change

PENSACOLA #671182

$699,000—
Sep 19, 2025

Price Change

PENSACOLA #671182

$719,000—
Sep 19, 2025

Listed (Active)

PENSACOLA #671182

$699,000—
Mar 27, 2024

Sold (Public Record)

Public Record #1530090374

$600,000—
Mar 27, 2024

Sold

PENSACOLA #635831

$600,000—
Feb 29, 2024

In Contract

PENSACOLA #635831

—
Feb 29, 2024

Pending

PENSACOLA #635831

—
Feb 1, 2024

Price Change

PENSACOLA #635831

$639,000—
Nov 2, 2023

Price Change

PENSACOLA #635831

$649,000—
Nov 2, 2023

Listed (Active)

PENSACOLA #635831

$639,000—
DateEvent & SourcePrice
02/22/2026

Price Change

PENSACOLA #671182

$699,000
09/19/2025

Price Change

PENSACOLA #671182

$719,000
09/19/2025

Listed (Active)

PENSACOLA #671182

$699,000
03/27/2024

Sold (Public Record)

Public Record #1530090374

$600,000
03/27/2024

Sold

PENSACOLA #635831

$600,000
02/29/2024

In Contract

PENSACOLA #635831

—
02/29/2024

Pending

PENSACOLA #635831

—
02/01/2024

Price Change

PENSACOLA #635831

$639,000
11/02/2023

Price Change

PENSACOLA #635831

$649,000
11/02/2023

Listed (Active)

PENSACOLA #635831

$639,000

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

Public Records for 16787 Perdido Key Drive, Unit D603

Taxable ValueLand-Additions-Total-
Tax Record2024$6,634 ($553 / month)
Home Facts
Beds0Total Finished SqFt1,220 SqFtAbove Grade Finished SqFt1,220 SqFtStories1Lot Size437,430 SqFtStyleCondominiumYear Built1983ZoningHDR-PK,MDR-PKCountyESCAMBIAAPN01-4S-33-1100-603-004

Schools near 16787 Perdido Key Drive, Unit D603

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 16787 Perdido Key Drive, Unit D603, Perdido Key, FL 32507

16787 Perdido Key Drive, Unit D603 is a condo for sale in Perdido Key, FL 32507. This property was listed for sale on September 19, 2025 by Levin Rinke Realty, it's currently listed at $699,000. It has been on the market for a total of 173 days and was last sold on March 27, 2024. This listing's school district is Escambia. Nearby schools include Hellen Caro Elementary School, Jim C. Bailey Middle School and Escambia High School. 16787 Perdido Key Drive, Unit D603 is a 2-bed, 2-bath, 1,184 sqft condo built in 1983.

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.