About This Home

This 2-bedroom, 2-bathroom single family at 7196 Sharp Reef Rd #2 in Pensacola, FL is listed for $760,000 ($603 per sqft). Built in 1983, the home offers 1,260 sqft of living space on a 0.02 acres lot.

Key Features

  • Built in 1983
  • 0.02 acre lot
  • 3 stories
  • 1 parking spaces
  • Fireplace
  • Waterfront

Property Details

3 stories
1 full, 1 half
1-car garage
#2
1983

Amenities

FireplaceWaterfrontA/C
Listing Description

Salt air, sparkling water and a slower coastal rhythm welcome you to 7196 Sharp Reef Road, Unit 2. Located in Perdido Key Coves beside Perdido Key State Park, this waterfront townhome brings together peaceful water views, beautiful nearby beaches and a setting made for enjoying life outdoors.

The home features approximately 1,260 square feet of living area across two floors, plus a spacious 630-square-foot garage. Wood flooring, a fireplace and inviting living spaces give the interior a relaxed coastal character. Sliding glass doors connect the living area to a waterfront balcony, while an upstairs bedroom opens to another balcony overlooking the water.

Morning coffee, breezy afternoons and evenings watching the changing sky become part of the everyday routine. Two boat slips and two existing boat lifts add to the property's waterfront appeal. The lifts require repair. The cove connects to Old River, creating opportunities for boating, fishing and exploring the area's waterways, with access onward to the Intracoastal Waterway and the Gulf.

Beyond the waterfront, Perdido Key State Park beckons with sandy beaches, sea-oat-covered dunes, beach boardwalks and surf fishing. Explore Johnson Beach at Gulf Islands National Seashore, enjoy hiking, paddling and birdwatching at Big Lagoon State Park, or head to the iconic Flora-Bama for live music and beachfront atmosphere.

Whether you envision a full-time coastal home or a personal beach retreat, this townhome brings together waterfront living, inviting outdoor spaces and easy access to the natural beauty that makes Perdido Key special.

Monthly Cost Estimate

$5,265/mo

20% down · 6.5% · 30 years

Principal$550
Interest$3,293
Insurance$222
HOA$1,200

Estimates only. Actual payments may vary.

Location

7196 Sharp Reef Rd #2

Pensacola, FL 32507

Pelican Cove

Features & Amenities

Interior Features

StorageCeiling Fan(s)High Speed Internet

Property Details

Flooring

Bamboo

Construction

Frame

Parking

Garage

Heating

Fireplace(s)Central

Cooling

Central AirCeiling Fan(s)

Appliances

Electric Water Heater

Questions & Answers

This 2-bedroom, 2-bathroom single family at 7196 Sharp Reef Rd is listed at $760,000 ($603/sqft). The estimated monthly payment is $5,265 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $1200/month.

Key features include: Built in 1983, 0.02 acre lot, 3 stories, 1 parking spaces, Fireplace, Waterfront. Interior Features: Storage, Ceiling Fan(s), High Speed Internet.

This property is listed by Steven Koleno.

SK

Steven Koleno

Agent at Bar Invest Realty LLC

Listed by Bar Invest Realty LLC · Broker phone: 8442392663 · View on Broker Site · Broker website

MLS# 690284· Source: Pensacola Association of REALTORS· 9 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.

7196 Sharp Reef Rd #2, Pensacola, FL 32507

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