Last Sold Price
2 beds1,570 sqft$277/sqft
7196 Sharp Reef, Unit 3, Perdido Key, FL 32507

Description

Spectacularly located waterfront jewel with 2 boat slips, one boatlift and just steps to 2 miles of pristine Perdido Key State Park Beaches! Fully furnished and ready to enjoy, the main level includes a sizeable island/bar and highly functional kitchen, a family room with an electric fireplace a convenient half-bath and large balcony. Upstairs are 2 roomy bedrooms, one on the waterfront with a balcony of its own. A shared hall bath with linen storage. A spiral staircase leads to the ground-level...Spectacularly located waterfront jewel with 2 boat slips, one boatlift and just steps to 2 miles of pristine Perdido Key State Park Beaches! Fully furnished and ready to enjoy, the main level includes a sizeable island/bar and highly functional kitchen, a family room with an electric fireplace a convenient half-bath and large balcony. Upstairs are 2 roomy bedrooms, one on the waterfront with a balcony of its own. A shared hall bath with linen storage. A spiral staircase leads to the ground-level "hang-out" space for "just off the boat" relaxing. Tile floors for easy clean up, a full bath provide comfort and convenience for long days of outdoor/indoor fun ! There is a one-car garage; perfect for storing toys, and a full sized washer and dryer. Investment, second home or primary residence opportunity! There are no rental restrictions here! Bring your boat and beach umbrella!
LISTING CLOSED: 12/27/2019 12:00 AM

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

Property Details for 7196 Sharp Reef, Unit 3

Status
MLS #
562803
Days on Market
29
Taxes
-
HOA Fees
$1,600 / year
Condo/Co-op Fees
-
Property Type
-
MLS Type
Sale / Residential / Building / 1 / 1
Year Built
1983
Lot Size
-
Architectural Style
Cottage
View
Lagoon, River, Sound, Water
Waterfront Features
Lagoon, River Front, Sound, Waterfront, Boat Lift
Zoning Description
County

Recent comparable sales

Median sold price

$499,000

Avg days on market

110

Sale-to-list ratio

98.6%

Perdido Key, FL

9 comparable properties found

$520,000 | 14761 Perdido Key Drive, Unit 3, Perdido Key, FL 32507
1/33
1

$520,000

Sold 02/18/25

2
Bedrooms
1,412
Square Feet
Unavailable
Acres
$345,000 | 16300 Perdido Key Drive, Unit 20, Perdido Key, FL 32507
1/48
2

$345,000

Sold 05/11/26

2
Bedrooms
1,328
Square Feet
0.02
Acres
$460,000 | 14298 Beach Heather Court, Perdido Key, FL 32507
1/51
3

$460,000

Sold 12/31/24

2
Bedrooms
1,500
Square Feet
0.06
Acres
$550,000 | 14282 Beach Heather Court, Perdido Key, FL 32507
1/51
4

$550,000

Sold 10/23/24

2
Bedrooms
1,500
Square Feet
0.43
Acres
$499,000 | 16284 Perdido Key Drive, Unit 112, Perdido Key, FL 32507
1/38
5

$499,000

Sold 03/12/26

2
Bedrooms
1,239
Square Feet
Unavailable
Acres
$450,000 | 608 Lost Key Drive, Unit 804C, Perdido Key, FL 32507
1/68
6

$450,000

Sold 07/01/26

2
Bedrooms
1,624
Square Feet
Unavailable
Acres
a view of a large building
1/46
7

$495,000

Sold 04/10/26

2
Bedrooms
1,267
Square Feet
Unavailable
Acres
$540,000 | 16284 Perdido Key Drive, Unit 713, Perdido Key, FL 32507
1/63
8

$540,000

Sold 09/12/25

2
Bedrooms
1,239
Square Feet
Unavailable
Acres
$504,500 | 14509 Salt Meadow Drive, Perdido Key, FL 32507
1/68
9

$504,500

Sold 08/03/26

3
Bedrooms
1,690
Square Feet
0.06
Acres

Location

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

Sold By Key Impressions LLC

Add your commute

Building Information for 7196 Sharp Reef, Unit 3

Stories3Residences-Year Built1983Lot Size-

Payment Calculator

$2,684 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,211

Property Taxes

$340

HOA Dues

$133

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 7196 Sharp Reef, Unit 3

Summary
Location and General Information
  • Directions: Hwy 292 to Sharp Reef ( East of Eden Condominiums and west of the Perdido Key Fire Station) Yellow townhouses are straight ahead,
  • Latitude: 30.293009
  • Longitude: -87.47343
  • Subdivision Name: Pelican Cove
Taxes and HOA Information
  • Association Fee Includes: Association
  • Tax Legal Description: BEG AT NW COR OF LT 12 PERDIDO KEY COVE 2ND ADDN PB 10 P 46 S 28 DEG 24 MIN 36 SEC E 41 69/100 FT S 57 DEG 35 MIN 28 SEC W 86 50/100 FT S 32 DEG 24 MIN 32 SEC E 36 FT FOR POB CONT S 32 DEG 24 MIN 32 SEC E 18 FT N 57 DEG 35 MIN 28 SEC E 48 50/100 FT N 32 DEG 24 MIN 32 SEC W 18 FT S 57 DEG 35 MIN 28 SEC W 48 50/100 FT TO POB OR 6537 P 491
  • Association: Yes
Parking
  • Carport Spaces: 1.0
  • Parking Features: Carport, Parking Lot, Garage Door Opener
  • Parking Total: 1.0
  • Carport: Yes
  • Garage: No
School Information
  • Elementary School: Hellen Caro
  • High School: Escambia
  • Middle Or Junior School: BAILEY
Property
Lot Information
  • Construction Materials: Frame
  • Frontage Length: Water Frontage(154)
  • Levels: Three Or More
  • Lot Size Dimensions: 18X48
  • Road Responsibility: County Maintained Road
  • Roof: Shingle
  • Cooling: Yes
  • Fireplace: Yes
  • Heating: Yes
  • Horse: No
  • New Construction: No
  • Property Attached: Yes
  • View: Yes
  • Waterfront: Yes
Property and Assessments
  • Documents Count: 0
  • Parcel Number: 323S321301030012
  • 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: Dock
  • Exterior Features: Dock, Boat Slip, Boat Slip Utilities
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck, Covered Deck
  • Pool Features: None
  • Security Features: Smoke Detector(s)
Interior Features
  • Appliances: Electric Water Heater, Dryer, Washer, Built In Microwave, Disposal, Refrigerator
  • Cooling: Central Air, Ceiling Fan(s)
  • Covered Spaces: 1.0
  • Fireplace Features: Electric
  • Flooring: Hardwood, Tile
  • Heating: Central
  • Interior Features: Ceiling Fan(s), Bonus Room
  • Stories: 3
  • Window Features: Double Pane Windows, Blinds
Room Information
Room Information
  • Room Bathroom Features: Updated
  • Room Bedroom Area: 168.0
  • Room Bedroom Length: 12.0
  • Room Bedroom Level: Third
  • Room Bedroom Width: 14.0
  • Room Dining Room Features: Breakfast Bar
  • Room Kitchen Area: 168.0
  • Room Kitchen Features: Updated, Granite Counters, Kitchen Island
  • Room Kitchen Length: 12.0
  • Room Kitchen Level: Second
  • Room Kitchen Width: 14.0
  • Room Living Room Area: 216.0
  • Room Living Room Length: 12.0
  • Room Living Room Level: Second
  • Room Living Room Width: 18.0
Rental
Rental Information
  • Leasable Area Units: Square Feet
  • Rent Restrictions: No
  • Pets Allowed: Yes
  • Lease Considered: No

Property History for 7196 Sharp Reef, Unit 3

DateEvent & SourcePriceAppreciation
Dec 27, 2019

Sold (Public Record)

Public Record #660055845

$435,000

+6.4% / yr

Dec 27, 2019

Sold

PENSACOLA #562803

$435,000
Nov 22, 2019

Pending

PENSACOLA #562803

DateEvent & SourcePrice
12/27/2019

Sold (Public Record)

Public Record #660055845

$435,000

+6.4% / yr

12/27/2019

Sold

PENSACOLA #562803

$435,000
11/22/2019

Pending

PENSACOLA #562803

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

Public Records for 7196 Sharp Reef, Unit 3

Taxable ValueLand-Additions-Total-
Tax Record2024$4,080 ($340 / month)
Home Facts
Beds0Total Finished SqFt1,701 SqFtAbove Grade Finished SqFt1,701 SqFtStories2Lot Size871 SqFtStyleSingle Family ResidenceYear Built1983Year Renovated2005ZoningMDR-PKCountyESCAMBIAAPN32-3S-32-1301-030-012Fireplace TypeHas Fireplace

Schools near 7196 Sharp Reef, Unit 3

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.

Similar Homes

New listings in 32507

$2,375,000 | 16557 Perdido Key Drive, Unit 3AW1, Pensacola, FL 32507
Contingent

$2,375,000

4
Bedrooms
2,367
Square Feet
$2,700,000 | 16557 Perdido Key Drive, Unit 5BE3, Pensacola, FL 32507
Contingent

$2,700,000

8
Bedrooms
2,427
Square Feet
$529,000 | 9740 Limpkin Lane, Pensacola, FL 32507
1/26
Open: 8/29 11:00AM - 02:00PMNew

$529,000

3
Bedrooms
2,743
Square Feet
0.26
Acres
$75,000 | 503 West Sunset Avenue, Pensacola, FL 32507
1/3
New

$75,000

2
Bedrooms
800
Square Feet
0.2
Acres
$299,000 | 2422 Eliasberg Street, Pensacola, FL 32507
1/11
New

$299,000

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
Unavailable
Acres
$260,000 | 201 Brown Road, Pensacola, FL 32507
1/33
Open: 8/30 12:00PM - 03:00PM

$260,000

2
Bedrooms
1,045
Square Feet
0.3
Acres
$415,000 | 13785 Perdido Key Drive, Unit 62, Perdido Key, FL 32507
1/20

$415,000

1
Bedrooms
675
Square Feet
$700,000 | 13661 Perdido Key Drive, Unit 1002, Perdido Key, FL 32507
1/55

$700,000

2
Bedrooms
1,438
Square Feet
$99,900 | 825 Bayshore Drive, Unit 203, Pensacola, FL 32507
1/43

$99,900

1
Bedrooms
669
Square Feet

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 7196 Sharp Reef, Unit 3, Perdido Key, FL 32507
$435,000
2
1,570
$189,921
2
0
$190,000
3
1,836
871
$185,000
2
1,701
871
$130,000
2
0
$575,000
3
1,547
29,185

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.