16604 Perdido Key Drive 1
Pensacola, FL, 32507 $ 1,190,000
Bedrooms4 Baths4.1 Sq 2,875 Monthly Estimate*
$ 7,327
Single Family Home for sale in Pensacola, FL
for $1,190,000 with 4 bedrooms and 4 full baths, 1 half bath. This 2,875 square foot home was built in 2021 on a lot size of 1.7677.
New BOAT SLIP on close to 100' of the intercoastal included! Welcome to Mallory Square North, where Key West charm meets luxury coastal living in Perdido Key. This stunning freestanding home is located in a gated community just across the street from the sugar-white sands of the Gulf, offering the perfect mix of beach days and boating adventures. A rare highlight of this unit is the designated boat slip on Ole River, plus an oversized private storage/garage space large enough to store a boat—ideal for boaters and anyone needing extra room for beach gear, paddleboards, and fishing equipment. Inside, enjoy a spacious 4-bedroom, 4.5-bath layout with every bedroom featuring an ensuite bathroom for ultimate privacy. The open-concept living area is made for entertaining with a gas fireplace, wet bar, and wine fridge. The kitchen shines with custom cabinetry, a large pantry, and stylish concrete countertops. Upscale finishes include 10’ ceilings and 8’ doors on the main level, tongue-and-groove ceilings, crown molding, hardwood floors, and tiled showers throughout. A bonus bunk room offers extra sleeping space, while the primary suite features a gas fireplace, walk-in closet, and spa-like bath with a soaking tub and separate shower. Enjoy resort-style amenities including a community pool with sun shelf and beautiful Ole River views. Outdoor living is easy with an outdoor kitchen (built-in grill + sink) and an outdoor shower for rinsing off after the beach. Parking is a breeze with under-unit parking plus the detached storage/garage. Located just 1 mile from Flora-Bama, with quick access to dining, entertainment, and the best of Perdido Key waterfront living. Buyer to verify all information. Buyer to verify all information during due diligence.
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List ByJessica FreelandListing Agent
jessicaf@levinrinkerealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,327
- Monthly Property Taxes
- $1,148
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbySingle family listings in Pensacola, FL
Average List Price $344,439
Percent of Sale Price 71%
About Pensacola, FL 53,144 Population
-5% Since 2002
$ 48,756 Median Income
42.38 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
2086557 Elementary School
2086548 Middle School
Not Baldwin County High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/20/2026 | $1,190,000 | -99.00% | Price Down |
| 2/19/2026 | $119,000,000 | | Listed Price |