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$2,325,000 -$25,000 (-1.06%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 4 Full Baths
  • 3,610 Sq. Ft.
  • Updated 1 day ago
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Welcome to 1242 Parasol Place, a Gulf front retreat in the gated Parasol community on Perdido Key where coastal living unfolds at an unhurried pace. Located in a rent-restricted neighborhood with an impressive 900 feet of private beach frontage reserved exclusively for Parasol owners, this residence offers a rare opportunity to enjoy the Gulf without the bustle of vacation rentals. Here, each day begins with the soothing sounds of the Gulf nearby, & evenings close with colorful sunsets stretching across the water. Inside, this 4-bedroom, 4-bath home is thoughtfully designed with beautiful hardwood flooring, tall ceilings, & abundant natural light that creates a welcoming atmosphere throughout the open-concept living spaces. The kitchen serves as the heart of the home, featuring granite countertops, stainless steel appliances, & a generous center island that easily transitions from casual breakfasts to evenings spent entertaining family & friends. Each bedroom offers its own private en suite bath, providing both comfort & privacy for guests. The spacious primary suite opens to a private balcony & features a walk-in closet along with a spa-like bathroom complete with a soaking tub & separate shower. A designated shaft area has already been incorporated into the design for a future elevator, offering flexibility for years to come. Outdoor living is equally inviting, with wraparound porches designed for gathering, relaxing, & enjoying the Gulf breeze. After a day spent along the private shoreline, the outdoor shower provides the perfect spot to rinse away the sand before settling in for the evening. Recent updates provide added peace of mind including a new $45K roof in 2021, HVAC replaced in 2021, water heater installed December 2025, & assumable flood insurance. This beach residence captures the essence of refined coastal living where the beach is part of everyday life & the pace of the island sets the tone for each day. Come experience life on the Gulf! Buyer to veri

Full Property Details for 1242 Parasol Pl

General

  • Price: $2,325,000
  • HOA FEE: $200/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $11,284
  • Status: Active
  • Type: Single Family
  • Source: 934
  • MLS ID: 393445
  • Updated: 4/28/2026
  • Added to Site: 47 day(s) ago

Interior

  • Interior Features: Breakfast Bar, Ceiling Fan(s), En-Suite, High Ceilings, Internet, Storage
  • Fireplace(s): None
  • Appliances: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator w/Ice Maker, Electric Water Heater
  • Furnishings: Unfurnished
  • Flooring: Carpet, Tile, Wood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Primary Bathroom: Double Vanity, Soaking Tub, Separate Shower, Private Water Closet

Bedrooms

  • Total Bedrooms: 4
  • Primary Bedroom: Sitting Area, Multiple Walk in Closets, Balcony/Patio, Direct Gulf View-Primary, 19 x 16, Third, 304 Sq. Ft.
  • Bedroom 2: 20 x 12, Second, 240 Sq. Ft.
  • Bedroom 3: 12 x 13, Third, 156 Sq. Ft.
  • Bedroom 4: 15 x 13, Third, 195 Sq. Ft.

Other Rooms

  • Living Room: 22 x 21, 462 Sq. Ft.
  • Kitchen: 12 x 14, Second, 168 Sq. Ft.
  • Dining Room: Breakfast Area-Kitchen, Dining/Kitchen Combo, Lvg/Dng Combo, Separate Dining Room, 12 x 10, Second, 120 Sq. Ft.

Additional Information

  • Shared Amenities: Gazebo, Pool - Outdoor, Gated, Water Access-Deeded
  • Pool: Yes
  • Pool Description: Community, Association
  • Security/Safety: Carbon Monoxide Detector(s)

Exterior

  • Exterior Features: Balcony
  • Porch/Patio/Deck: Covered, Patio, Front Porch, Wrap Around

Parking

  • Garage: Yes
  • Covered Spaces: 2
  • Parking Features: Double Garage

Location

  • Area: Perdido Key
  • County: Escambia, FL
  • Subdivision: Parasol Place
  • Driving Directions: Travel West on Perdido Key Dr, over Theo Baars Bridge. Turn Left on Johnson Beach Rd, Turn Right onto Parasol Place. Gated Community.
  • Direction Faces: South

School Information

  • Elementary School: Not Baldwin County
  • Middle School: Not Baldwin County
  • High School: Not Baldwin County

Community

  • Association: Yes
  • Assoc. Fees Include: Association Management, Maintenance Grounds, Recreational Facilities, Pool

Heating & Cooling

  • Cooling Type: Ceiling Fan(s)
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Available, Underground Utilities, Cable Connected

Structural Information

  • Property Detached: Yes
  • Architectural Style: Contemporary
  • Exterior Const.: Hardboard
  • Roof: Metal
  • Windows: Double Pane Windows
  • Drive-In Doors: Thermal Doors
  • Building Size: 3610
  • Square Feet: 3,610
  • Sq. Ft. Source: Seller
  • Year Built: 1999
  • Property Condition: Resale

Lot Features

  • Property View: Direct Gulf Front, Southern View
  • Lot Size (Acres): 0.22
  • Lot Size (Sq. Ft.): 9,583.2
  • Lot Features: Less than 1 acre, Waterfront, Subdivision
  • Zoning: Single Family Residence

Water Features

  • Water Front: Yes
  • Water Front Name: Gulf of Mexico/America
  • Water Front View: Gulf Front - Building

Green Features

  • Energy Efficient: Insulation

Financial Considerations

  • Association Fee: $600
  • Assoc Fee Freq.: Quarterly
  • Tax Amount: $11,284

Disclosures and Reports

  • Ownership: Whole/Full
  • Legal Description: Lt 20 Blk A Parasol S/D Pb 14 P 85 Or 5141 P 545
  • Property ID: 353S321101020001

Listed by Pointe South

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Listing agents

— 1242 Parasol Pl —

  • Pointe South

  • Pointe South

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1242 Parasol Pl

School District:Escambia County School District, Cantonment, FL
NameGradesDistance
Hellen Caro Elementary School
12551 Meadson Road, Pensacola, FL 32506
K-53.4 mi
Jim C. Bailey Middle School
4110 Bauer Road, Pensacola, FL 32506
6-83.4 mi
Escambia High School
1310 North 65th Avenue, Pensacola, FL 32506
9-1211.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1242 Parasol Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/28/2026
Price Reduced
$2,325,000
-1.06%
MLS
3/13/2026
Listed
$2,350,000
104.7%
MLS
5/19/2003
Sold
$1,148,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1242 Parasol Pl

Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,477
—
$865,430
3%
2024
$10,477
1%
$841,040
3%
2023
$10,422
2%
$816,544
6%
2021
$10,232
—
$769,672
-3%
2022
$10,208
—
$792,762
4%
2021
$10,232
5%
$759,046
4%
2018
$9,791
—
$728,147
-2%
2019
$9,782
—
$741,981
4%
2017
$9,792
—
$713,171
2%
2016
$9,748
-1%
$698,503
1%
2015
$9,811
4%
$693,648
1%
2014
$9,460
-4%
$688,143
1%
2013
$9,855
—
$677,974
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1242 Parasol Place, Pensacola, FL 32507 (MLS# 393445) is a Single Family property with 4 bedrooms and 4 full bathrooms. 1242 Parasol Place is currently listed for $2,325,000 and was received on March 13, 2026. Want to learn more about 1242 Parasol Place? Do you have questions about finding other Single Family real estate for sale in Pensacola? You can browse all Pensacola real estate or contact a Coldwell Banker agent to request more information.

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