- 2
- beds
- 2
- baths
- 1,116
- sqft
- 1984
- year built
- Status:
- Active
- MLS #:
- 688652
- Neighborhood:
- Shipwatch Surf & Yacht Club
- County:
- Escambia
- Listed By:
- Katherine Justice - Levin Rinke Realty
- Agent Phone:
- (850) 492-4507
- Agent Email:
- theperdidogirl@gmail.com
Sponsoring Broker: Derek Eisenberg, Continental Real Estate Group, Inc
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!
Highlights
- Residential
- Condominium
- Built in 1984
- 10.04 Acre Lot
- $12,561/yr HOA
- Waterfront
- 67 days on Market
-
- Bedrooms
- 2
-
- Bathrooms
- 2
-
- Year Built
- 1984
-
- Architectural Style
- Contemporary
-
- Construction Materials
- Concrete
-
- Foundation
- Pillar/Post/Pier
-
- Parking Features
- Parking Lot, Boat
-
- Living Area
- 1116.0
-
- Interior Features
- Ceiling Fan(s), Pantry, Kitchen Island, Elevator, Breakfast Bar, Recessed Lighting
-
- Appliances
- Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer, Disposal, Wine Cooler
-
- Flooring
- Vinyl, Carpet, Simulated Wood
-
- Exterior Features
- Dock, Boat Slip
-
- Patio And Porch
- Covered
-
- Pool Features
- In Ground
-
- Security Features
- Smoke Detector(s)
-
- Cooling
- Ceiling Fan(s), Central Air
-
- Heating
- Fireplace(s), Central
-
- Acres
- 10.04
-
- Lot Features
- Waterfront
-
- Water Front Features
- River Front, Waterfront, Beach Access
-
- Water Front
- Yes
-
- View
- Water, River
-
- Water
- Public
-
- County
- Escambia
-
- City
- Perdido Key
-
- Neighborhood
- Shipwatch Surf & Yacht Club
-
- Zip Code
- 32507
-
- High School
- Escambia
-
- Middle School
- BAILEY
-
- Elementary School
- Hellen Caro
-
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Price History
| 09/07/2026 | Listed | $545,000 |
| Source: Pensacola Association of REALTORS #688652 | ||
Source: MLS Data
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Frequently Asked Questions
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How much is the monthly mortgage payment for 16787 Perdido Key Dr #402?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 16787 Perdido Key Dr #402 at around $3,101. This includes estimated property taxes and insurance.
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Can I negotiate the asking price for 16787 Perdido Key Dr #402?
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What is the price per square foot for this home?
This home is listed at $545,000 with 1,116 sqft of space—that comes out to approximately $488 per square foot.
How long has this property been on the market?
16787 Perdido Key Dr #402 was listed on September 07, 2026, which means it's been on the market for 67 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1984, making it approximately 42 years old.
What is the lot size of this property?
16787 Perdido Key Dr #402 sits on a 10.04-acre lot, which is 437,342 square feet.
What schools are assigned to this property?
Based on MLS info, this home is zoned for:
- Elementary: Hellen Caro
- Middle: BAILEY
- High: Escambia
Want to see how these schools compare? Check out our Escambia County School Guide to see ratings, reviews, and more for the schools in the area.
Is there an HOA fee for this property, and what does it cover?
This home has an HOA fee of $12,561 paid annually.
Is 16787 Perdido Key Dr #402 still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Pensacola Association of REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Continental Real Estate Group, Inc are governed by the PAR Rules and Regulations and detailed information about them includes the name of the listing companies. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. Copyright © 2026 Pensacola Association of REALTORS®, Inc. All Rights Reserved.
Last Updated: November 13, 2026 at 09:30AM | Source: Pensacola Association of REALTORS | MLS#: 688652