16787 Perdido Key Dr, Unit E504

Perdido Key, FL 32507

$548,000
Last Sold Price
2
Beds
1,116 Sq. Ft.
$491 / Sq. Ft.
1,116
Sq. Ft.
$491
per Sq. Ft.
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Sold 3/3/26
Sold 3/3/26

Description

Come home to breathtaking, panoramic views overlooking ole river and ono island from this 5th floor 2br/2ba riverside condo at shipwatch! Enjoy easy beach access directly across the street along with full boating facilities…. This FURNISHED residence features low-maintenance porcelain tile flooring throughout and warm, inviting barnwood accents. Relax and enjoy the boats go by from your extra-large balcony with over 230 sf. of outdoor living space. The spacious living room features a corner fireplace...Come home to breathtaking, panoramic views overlooking ole river and ono island from this 5th floor 2br/2ba riverside condo at shipwatch! Enjoy easy beach access directly across the street along with full boating facilities…. This FURNISHED residence features low-maintenance porcelain tile flooring throughout and warm, inviting barnwood accents. Relax and enjoy the boats go by from your extra-large balcony with over 230 sf. of outdoor living space. The spacious living room features a corner fireplace and those who love to cook will appreciate the open concept kitchen with spacious island, natural wood cabinetry, stainless appliances, granite countertops, and eat-in-bar. The primary bedroom, with en-suite bath, has a large walk-in closet and easy access to the riverside balcony. New HVAC System installed 2023/2024 and freshly painted in 2024! 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. 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 family gatherings), tennis courts, 2 brand new pickleball courts, fitness room, sauna, and indoor hot tub. 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 E504

Architectural Style
Contemporary
Waterfront Features
Intracoastal Waterway, Waterfront, Beach Access, Boat Launch, Natural, Pier
Zoning Description
County,Res Multi
LISTING UPDATED: 03/03/2026 10:48 PM

Property Details for 16787 Perdido Key Drive, Unit E504

StatusSold
MLS #660326
Days on Market328
Taxes-
HOA Fees$11,963 / year
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condo
Year Built1984
CountyEscambia County
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Location

Listing Courtesy of Levin Rinke Realty

Sold By Hurd Real Estate & Company LLC

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Building Information for 16787 Perdido Key Drive, Unit E504

Building/ComplexShipwatch Surf & Yacht ClubFloor-Stories-Residences-Pet PolicyAllowedPet Policy DetailsPets AllowedYear Built1984

Payment Calculator

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$4,166 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,671

Property Taxes

$498

HOA Dues

$997

The Payment Calculator is for illustrative purposes only.

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Property Information for 16787 Perdido Key Drive, Unit E504

Summary
Location and General Information
  • Directions: 1/4 mile east of AL/FL state line in Florida on Perdido Key Drive, on ICW-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, Insurance, Maintenance, Management, Pest Control, Recreation Facility, Trash, Water/Sewer
  • Tax Legal Description: UNIT E-504 SHIPWATCH SURF & YACHT CLUB CONDOMINIUM PHASE 3 ALSO 1/126 INT IN COMMON ELEMENTS OR 9025 P 94
  • 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
  • Roof: Built-Up
  • Cooling: Yes
  • Heating: Yes
  • Horse: No
  • New Construction: No
  • View: Yes
  • Waterfront: Yes
Property and Assessments
  • Documents Count: 6
  • Parcel Number: 014S331100504005
  • Homestead: No
  • Photos Count: 53
  • Property Condition: Resale
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Community Features: Beach, Pool, Community Room, Dock, Elevator, Fitness Center, Fishing, Handball Court, Pavilion/Gazebo, Pier, Steam Room, Tennis Court(s), Waterfront Deed Access
  • Exterior Features: Balcony, Dock, Boat Slip
  • Foundation Details: Pillar/Post/Pier
  • Pool Features: In Ground
  • Security Features: Smoke Detector(s)
Interior Features
  • Appliances: Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Disposal, Refrigerator
  • Cooling: Central Air, Ceiling Fan(s)
  • Flooring: Tile
  • Heating: Central
  • Interior Features: Baseboards, Ceiling Fan(s), High Speed Internet
  • Laundry Features: W/D Hookups
Room Information
Room Information
  • Room Bathroom Features: Not Updated
  • Room Bedroom Area: 132.0
  • Room Bedroom Length: 11.0
  • Room Bedroom Level: First
  • Room Bedroom Width: 12.0
  • Room Dining Room Features: Breakfast Bar, Living/Dining Combo
  • Room Kitchen Area: 121.0
  • Room Kitchen Features: Not Updated, Pantry
  • Room Kitchen Length: 11.0
  • Room Kitchen Level: First
  • Room Kitchen Width: 11.0
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 E504

DateEvent & SourcePriceAppreciation
Mar 3, 2026

Sold

PENSACOLA #660326

$548,000—
Mar 1, 2026

Temporarily Off Market

PENSACOLA #660326

—
Jan 31, 2026

In Contract

PENSACOLA #660326

—
Jan 29, 2026

Pending

PENSACOLA #660326

—
Nov 18, 2025

Price Change

PENSACOLA #660326

$550,000—
Mar 7, 2025

Price Change

PENSACOLA #660326

$565,000—
Mar 7, 2025

Listed (Active)

PENSACOLA #660326

$550,000—
Aug 15, 2023

Sold (Public Record)

Public Record #1517109036

$503,600—
DateEvent & SourcePrice
03/03/2026

Sold

PENSACOLA #660326

$548,000
03/01/2026

Temporarily Off Market

PENSACOLA #660326

—
01/31/2026

In Contract

PENSACOLA #660326

—
01/29/2026

Pending

PENSACOLA #660326

—
11/18/2025

Price Change

PENSACOLA #660326

$550,000
03/07/2025

Price Change

PENSACOLA #660326

$565,000
03/07/2025

Listed (Active)

PENSACOLA #660326

$550,000
08/15/2023

Sold (Public Record)

Public Record #1517109036

$503,600

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 E504

Taxable ValueLand-Additions-Total-
Tax Record2024$5,971 ($498 / month)
Home Facts
Beds0Total Finished SqFt1,140 SqFtAbove Grade Finished SqFt1,140 SqFtStories1Lot Size437,430 SqFtStyleCondominiumYear Built1984ZoningHDR-PK,MDR-PKCountyESCAMBIAAPN01-4S-33-1100-504-005Fireplace TypeHas Fireplace

Schools near 16787 Perdido Key Drive, Unit E504

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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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.