About This Home

This 2-bedroom, 2-bathroom condo at 16787 Perdido Key Dr #E-402 in Perdido Key, FL is listed for $545,000 ($488 per sqft). Built in 1984, the home offers 1,116 sqft of living space on a 10.04 acres lot.

Key Features

  • Built in 1984
  • 10.04 acre lot
  • Fireplace
  • Waterfront

Property Details

2 full
#E-402
1984

Amenities

FireplaceWaterfrontViewA/CRV Parking
Listing Description

COME HOME TO BREATHTAKING, PANORAMIC VIEWS OVERLOOKING OLE RIVER AND ONO ISLAND FROM THIS 4TH FLOOR, 2BR, FURNISHED RIVERSIDE CONDO AT SHIPWATCH! ENJOY EASY BEACH ACCESS DIRECTLY ACROSS THE STREET ALONG WITH FULL BOATING FACILITIES....Relax and enjoy the boats go by from your extra-large balcony with over 230 sf.

of outdoor living space. The open kitchen seamlessly connects to the main living and dining area, featuring white cabinetry and appliances, granite counter tops and spacious island. Cozy up to the fireplace at the heart of the living area. The primary bedroom not only boasts serene Ole River views but also includes a private bathroom complete with large walk-in tile shower and an extra-large walk-in closet.

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), tennis courts, 2 brand new pickleball courts, fitness room, sauna, and indoor hot tub. RELAX AND WELCOME HOME TO LAID-BACK ISLAND LIFE!

Monthly Cost Estimate

$15,476/mo

20% down · 6.5% · 30 years

Principal$394
Interest$2,362
Insurance$159
HOA$12,561

Estimates only. Actual payments may vary.

Location

16787 Perdido Key Dr #E-402

Perdido Key, FL 32507

Shipwatch Surf & Yacht Club

Features & Amenities

Interior Features

BaseboardsCeiling Fan(s)Recessed Lighting

Exterior Features

DockBoat Slip

Property Details

Flooring

CarpetSimulated woodVinyl

Construction

Concrete

Views

WaterRiver

Parking

BoatParking LotRV

Heating

CentralFireplace(s)

Cooling

Central AirCeiling Fan(s)

Appliances

Electric Water HeaterDryerWasherWine CoolerDishwasherDisposalMicrowaveRefrigerator

Questions & Answers

This 2-bedroom, 2-bathroom condo at 16787 Perdido Key Dr is listed at $545,000 ($488/sqft). The estimated monthly payment is $15,476 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 1984, 10.04 acre lot, Fireplace, Waterfront. Interior Features: Baseboards, Ceiling Fan(s), Recessed Lighting. Exterior Features: Dock, Boat Slip.

This property is listed by Katherine Justice and can be reached at 8504924507.

KJ

Katherine Justice

Agent at Levin Rinke Resort Realty

(850) 492-4507

Listed by Levin Rinke Resort Realty · Broker phone: (850) 916-5050 · View on Broker Site

MLS# 688652· Source: Pensacola Association of REALTORS· 11 days on PropertySimple

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 #E-402, Perdido Key, FL 32507

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