About This Home

This 2-bedroom, 2-bathroom condo at 16787 Perdido Key Dr in Pensacola, FL is listed for $670,000 ($566 per sqft). Built in 1982, the home offers 1,184 sqft of living space on a N/A lot.

Key Features

  • Built in 1982
  • Waterfront

Property Details

1 story
2 full
#A504
1982

Amenities

WaterfrontViewA/C
Listing Description

Experience the best of Gulf-front living in this beautifully updated 2 bedroom, 2 bath unit at Shipwatch Surf & Yacht Club, located in the Perdido Key area! From the moment you step inside, you're greeted with stunning, unobstructed views of the Gulf and a light-filled interior designed to feel relaxed, coastal, and inviting.

The unit has been thoughtfully UPDATED with beautiful COASTAL DECOR and FINISHES, creating a turnkey space that is both comfortable for personal use and appealing for guests. The open living and dining area flows seamlessly to the LARGE Gulf-front BALCONY, offering the perfect spot to enjoy morning coffee, evening sunsets, and the sound of the waves just steps away.

In addition to the living room being off of the balcony, so is the primary bedroom. Wake to the sounds of waves crashing. This property is also a proven rental performer, making it an excellent opportunity for those looking to generate income. One of the standout features of Shipwatch is its unique dual-waterfront lifestyle.

In addition to direct beach access, owners also enjoy access to the Old River side of the key. On the river side you'll find amenities, including a boat dock with first come, first serve boat slips, a boat launch, second community pool, and tennis/pickleball courts - a rare combination that allows you to enjoy both the Gulf and boating lifestyle in one location.

Whether you're looking for a second home, investment property, or a combination of both, this unit offers location, updates, and lifestyle in one of Perdido Key's most desirable communities. HVAC replaced in 2025, water heater was replaced approximately 5 years ago, AND the added bonus is it COASTAL GREEN HVAC SYSTEM. Do not miss the truly turnkey unit! Schedule your private showing today!

Monthly Cost Estimate

$16,144/mo

20% down · 6.5% · 30 years

Principal$485
Interest$2,903
Insurance$195
HOA$12,561

Estimates only. Actual payments may vary.

Location

16787 Perdido Key Dr

Pensacola, FL 32507

Shipwatch Surf & Yacht Club

Features & Amenities

Exterior Features

BalconyBarbecueTennis Court(s)Dock

Property Details

Construction

Concrete

Views

Water

Pool Features

Patio

Parking

Parking Lot

Heating

Central

Cooling

Central AirCeiling Fan(s)

Appliances

Electric Water HeaterDryerWasherBuilt In MicrowaveDishwasherDisposalRefrigeratorSelf Cleaning Oven

Questions & Answers

This 2-bedroom, 2-bathroom condo at 16787 Perdido Key Dr is listed at $670,000 ($566/sqft). The estimated monthly payment is $16,144 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $12561/month.

Key features include: Built in 1982, Waterfront. Exterior Features: Balcony, Barbecue, Tennis Court(s).

This property is listed by Heather Loper and can be reached at (251) 928-9890.

HL

Heather Loper

Agent at KELLER WILLIAMS REALTY ALABAMA GULF COAST

(251) 928-9890

Listed by KELLER WILLIAMS REALTY ALABAMA GULF COAST · View on Broker Site

MLS# 686260· Source: listhub· 2 days on market

Copyright © 2026 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

16787 Perdido Key Dr, Pensacola, FL 32507

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