Last Sold Price
3 beds2,400 sqft$404/sqft
7188 Sharp Reef, Perdido Key, FL 32507

Description

Simply amazing waterfront cottage living with dedicated beach access! This adorable updated jewel will not last long! Coastal cottage style, this furnished beach house will exceed all of your expectations. 3BR/3.5 BA with a large open area upstairs currently used as an artist studio. There is a wet bar/kitchenette/coffee bar for your guests to enjoy without the need to go downstairs. Easily converted into an additional bedroom should the buyer need and extra. There is a widows walk on top of the...Simply amazing waterfront cottage living with dedicated beach access! This adorable updated jewel will not last long! Coastal cottage style, this furnished beach house will exceed all of your expectations. 3BR/3.5 BA with a large open area upstairs currently used as an artist studio. There is a wet bar/kitchenette/coffee bar for your guests to enjoy without the need to go downstairs. Easily converted into an additional bedroom should the buyer need and extra. There is a widows walk on top of the house for star gazing, sunset watching, and 360 degree views of amazing Perdido Key, Ono Island and beyond. The floor plan is open and filled with natural light and the OMG VIEWS! Living/Dining & Kitchen flow for easy enjoyment and entertaining. There is a fireplace for cooler days, up to the minute style touches like shiplap, luxury vinyl wood plank floors, perfect accent lighting. The porches are deep and covered for enjoying the open water views of Old River and the entrance to Perdido Key Coves. The waterfront wharf is off the chain! large pier area for crabbing, fishing or sunning, flanked by a dedicated slip with lift. The wharf is shared with 5 other neighbors who each have thier own slips, there is guest boat parking, a waterfront boardwalk, a swim platform with sundeck too. All this making it possible to watch your kids on the jet skis while you are cooking up gulf seafood on the grill! When you're tired of the inshore activities, you can walk up the street to the beach walkover and enjoy 2 miles of unspoiled Perdido Key State Park! Yes, beach, boating, breezes and all the joy that comes with it! Don't miss this opportunity. Be sure to click on the Virtual Tour to understand just how special this home and location really is. Make your appointment to see today!
LISTING CLOSED: 08/21/2019 12:00 AM

  1. Listed by Alison Davenport • Better Homes And Gardens Real Estate Main Street Properties

Property Details for 7188 Sharp Reef

Status
MLS #
553653
Days on Market
45
Taxes
-
HOA Fees
$450 / year
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
2003
Lot Size
0.23 AC / 10,018 SF
Architectural Style
Cottage
View
Bay, Gulf, Lagoon, Water
Waterfront Features
Bay, Lagoon, Waterfront, Block/Seawall, Boat Lift, Pier
Zoning Description
County,Res Single

Recent comparable sales

Median sold price

$900,000

Avg days on market

136

Sale-to-list ratio

94.9%

Perdido Key, FL

9 comparable properties found

$800,000 | 864 Sailfish Court, Perdido Key, FL 32507
1/41
1

$800,000

Sold 05/12/26

3
Bedrooms
2,572
Square Feet
0.17
Acres
$900,000 | 1203 Parasol Place, Perdido Key, FL 32507
1/56
2

$900,000

Sold 07/18/25

3
Bedrooms
2,324
Square Feet
0.17
Acres
a view of a city with tall buildings
1/73
3

$980,000

Sold 08/22/25

3
Bedrooms
2,006
Square Feet
Unavailable
Acres
a roof deck with couches and potted plants with sky view
1/53
4

$780,000

Sold 03/31/26

3
Bedrooms
1,839
Square Feet
Unavailable
Acres
a view of an ocean
1/41
5

$790,000

Sold 06/17/26

3
Bedrooms
1,935
Square Feet
Unavailable
Acres
$970,000 | 421 Gulfview Lane, Perdido Key, FL 32507
1/51
6

$970,000

Sold 03/28/25

6
Bedrooms
2,911
Square Feet
0.19
Acres
$1,350,000 | 16775 Perdido Key Drive, Unit A, Perdido Key, FL 32507
1/47
7

$1,350,000

Sold 06/05/26

3
Bedrooms
2,560
Square Feet
0.34
Acres
$710,000 | 14900 River Road, Unit 606, Perdido Key, FL 32507
1/49
8

$710,000

Sold 02/28/25

3
Bedrooms
1,839
Square Feet
Unavailable
Acres
$1,085,000 | 14511 Perdido Key Drive, Unit 1008, Perdido Key, FL 32507
1/68
9

$1,085,000

Sold 11/10/25

4
Bedrooms
2,501
Square Feet
Unavailable
Acres

Location

Listing Courtesy of Better Homes And Gardens Real Estate Main Street Properties

Sold By Better Homes And Gardens Real Estate Main Street Properties

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Building Information for 7188 Sharp Reef

Stories2Year Built2003Building Size-Lot Size0.23 AC / 10,018 SF

Payment Calculator

$5,642 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,928

Property Taxes

$677

HOA Dues

$38

The Payment Calculator is for illustrative purposes only.

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Property Information for 7188 Sharp Reef

Summary
Location and General Information
  • Directions: Hwy 292 between Eden Condominums and Perdido Key fire station. Sharp Reef is on the north side of the road - coming from west it is the first street on the left, coming from east it is the 4th street on the right.
  • Latitude: 30.293027
  • Longitude: -87.473586
  • Subdivision Name: Perdido Key Coves
Taxes and HOA Information
  • Association Fee Includes: Association
  • Tax Legal Description: BEG AT SE COR LT 11 PERDIDO KEY COVES UNIT NO 2 PB 10 P 46 A RE S/D OF PART OF PARCEL A PERDIDO KEY COVES UNIT NO 1 PB 7 P 26 N 64 DEG 44 MIN 29 SEC W ALG NLY R/W LI OF SHARP REEF (60 FT R/W 25 FT N 27 DEG 49 MIN 22 SEC E 284 35/100 FT TO APPROX MEAN HIGH WATER LI OF PERDIDO KEY COVE MEANDER SELY ALG MEAN HIGH WATER LI A BRG & DIST OF S 19 DEG 55 MIN 32 SEC E 66 66/100 FT TO PT OF INTER WITH LI PASSED THRU POB HAVING BRG OF N 33 DEG 39 MIN 29 SEC E S 33 DEG 39 MIN 29 SEC E S 33 DEG 39 MIN 29 SEC W 239 65/100 FT TO POB LT 11-B PART OF LT 11 PERDIDO KEY COVES UNIT NO 2 PB 10 P 46 OR 6730 P 487 OR 7179 P 1186
  • Association: Yes
Parking
  • Carport Spaces: 2.0
  • Parking Features: 2 Car Carport
  • Parking Total: 2.0
  • Carport: Yes
  • Garage: No
School Information
  • Elementary School: Hellen Caro
  • High School: Escambia
  • Middle Or Junior School: BAILEY
Property
Lot Information
  • Construction Materials: Frame
  • Levels: Two
  • 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
  • Documents Count: 0
  • Parcel Number: 323S321301001011
  • Homestead: Yes
  • Photos Count: 43
  • 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, Dock, Fishing, Marina, Pier
  • Exterior Features: Sprinkler, Dock
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Covered Deck
  • Pool Features: None
  • Security Features: Smoke Detector(s)
Interior Features
  • Appliances: Electric Water Heater, Dryer, Washer, Dishwasher, Disposal, Microwave, Refrigerator
  • Cooling: Multi Units, Ceiling Fan(s)
  • Covered Spaces: 2.0
  • Flooring: Tile, Carpet
  • Heating: Multi Units, Central, Fireplace(s)
  • Interior Features: Storage, Ceiling Fan(s), Crown Molding, High Speed Internet, Wet Bar, Office/Study
  • Stories: 2
  • Window Features: Double Pane Windows, Blinds, Drapes
Room Information
Room Information
  • Room Bathroom Features: Not Updated
  • Room Bedroom Area: 182.0
  • Room Bedroom Length: 14.0
  • Room Bedroom Level: Second
  • Room Bedroom Width: 13.0
  • Room Dining Room Area: 100.0
  • Room Dining Room Features: Breakfast Bar, Living/Dining Combo
  • Room Dining Room Length: 10.0
  • Room Dining Room Level: First
  • Room Dining Room Width: 10.0
  • Room Kitchen Area: 143.0
  • Room Kitchen Features: Updated, Pantry
  • Room Kitchen Length: 13.0
  • Room Kitchen Level: First
  • Room Kitchen Width: 11.0
  • Room Living Room Area: 450.0
  • Room Living Room Length: 30.0
  • Room Living Room Level: First
  • Room Living Room Width: 15.0
Room 1 Information
  • Room Bedroom 1 Area: 182.0
  • Room Bedroom 1 Length: 14.0
  • 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 7188 Sharp Reef

DateEvent & SourcePriceAppreciation
Aug 21, 2019

Sold (Public Record)

Public Record #652186024

$969,500

+13.2% / yr

Aug 21, 2019

Sold

PENSACOLA #553653

$969,500
Jul 25, 2019

Pending

PENSACOLA #553653

DateEvent & SourcePrice
08/21/2019

Sold (Public Record)

Public Record #652186024

$969,500

+13.2% / yr

08/21/2019

Sold

PENSACOLA #553653

$969,500
07/25/2019

Pending

PENSACOLA #553653

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

Public Records for 7188 Sharp Reef

Taxable ValueLand-Additions-Total-
Tax Record2024$8,120 ($677 / month)
Home Facts
Beds0Total Finished SqFt2,973 SqFtAbove Grade Finished SqFt2,973 SqFtStories2Lot Size10,106 SqFtStyleSingle Family ResidenceYear Built2003ZoningMDR-PKCountyESCAMBIAAPN32-3S-32-1301-001-011Fireplace TypeHas Fireplace

Schools near 7188 Sharp Reef

This home is within Escambia.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 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
Charter9 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 7188 Sharp Reef, Perdido Key, FL 32507
$969,500
3
2,400
10,018
$189,921
2
0
$435,000
2
1,570
$190,000
3
1,836
871
$185,000
2
1,701
871
$130,000
2
0

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Better Homes And Gardens Real Estate Main Street Properties

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.