16787 Perdido Key Drive E-504 Pensacola, FL $ 550,000
16787 Perdido Key Drive E-504
$ 550,000
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16787 Perdido Key Drive E-504

Pensacola, FL, 32507
$ 550,000
Bedrooms2 Baths2.0 Sq 1,116

Monthly Estimate*

$ 3,431

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Condo for sale in Pensacola, FL for $550,000 with 2 bedrooms and 2 full baths. This 1,116 square foot condo was built in 1984 on a lot size of 10.0422.

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! Buyer to verify all information during due diligence.

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Condo Active

Price

$ 550,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 5,971

Style

Lot Size

10.0422

Year Built

1984

Town/City

Pensacola

County/Region

Escambia, FL

MLS | Web ID

375342

Features
Interior
Interior Amenities Breakfast Bar Sauna/Steam Shower
Flooring Tile
Furnished Y/N Furnished
Total Fireplaces 0
Fireplace Features Inoperable
Kitchen Level Main
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Half Baths 0
Total Bedrooms 2
Entry Level 5
Total Baths 2
Dining Room Features Lvg/Dng Combo
Kitchen Area 121
Kitchen Length 11
Kitchen Width 11
Primary Bedroom Level: First Floor 132
Second Bedroom Length 11
Second Bedroom Width 12
Master Bedroom Area 199.2
Primary Bedroom Features Walk-In Closet(s)
Master Bedroom Length 12
Master Bedroom Width 16.6
Second Bedroom Level Main
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General
Heating Electric
Cooling Ceiling Fan(s)
Possession Close Of Escrow
Roof Built-Up
Appliances Dishwasher Disposal Microwave Electric Range Refrigerator
HOA Fee 927
Association Fee Includes Association Management Cable TV Common Area Insurance Maintenance Grounds Pest Control Recreational Facilities Trash Water/Sewer Internet
Pool Features Community
Construction Materials Stucco Block
Pets Allowed Allowed
Year Built 1984
Electric Total Electric
View Direct ICW Front
Stories 1
Levels One
Unit Number E-504
Property Subtype Condominium
Ownership Condominium
Waterfront Features ICW Front - Building
Community Features BBQ Area Clubhouse Fitness Center Fishing Gazebo On-Site Management Pool - Outdoor Steam/Sauna Tennis Court(s)
Assoc Fee Paid Per Monthly
County Escambia FL
New Construction N
Property Type Residential
HOA Y
Subdivision Name Shipwatch
Garage Y/N N
Full Baths 2
Status Active
Directions 1/4 mile east of AL/FL state line in Florida on Perdido Key Drive. On ICW-side.
High School Not Baldwin County
City Pensacola
Body of Water Intracoastal Waterway
Senior Community Y/N N
Zoning Description 2+ Family Residence
MLS Area Perdido Key
Lot Size Units Acres
Lot Size Square Feet 437438.232
Carport Y/N N
Elementary School Not Baldwin County
Property Attached Y/N Y
Tax Annual Amount 5971
Home Warranty Y/N N
Middle/Junior High School Not Baldwin County
Property Condition Resale
Structure Type Condo
Building Area Units Square Feet
Primary Bedroom Level Main
Living Area Units Square Feet
Standard Status Active
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Exterior
Parking Features Parking Lot
Lot Features Waterfront
Lot Size Area 10.0422
Foundation Details Pilings
Spa N
Building Area Total 1116
Lot Size Acres 10.0422
Waterfront Y/N Y
Boat Facilities Boat Dock Boat Ramp Slip-1st Come 1st Served
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* Excluded Features
List By
Kathy Justice

Listing Agent

Levin Rinke Realty

Broker

kathy@perdidogirl.com

Email

Affordability Calculator

$3,929
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,431
Monthly Property Taxes
$498
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2086557 Elementary School
2086548 Middle School
Not Baldwin County High School High School
Pricing History
DatePricePrice ChangeDescription
11/19/2025$550,000 -2.65% Price Down
6/24/2025$565,000 Listed Price

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16787 Perdido Key Drive E-504, Pensacola, FL, 32507 is a Condo for sale at $550,000 with 1,116 sqft and a lot size of 10.0422. 16787 Perdido Key Drive E-504 has 2 bedrooms, 2.0 baths, and was built in 1984. The property's zip code is 32507 which is in Pensacola, FL