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$589,000
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Property Description
Fully renovated Perdido Key property offering flexible living space and excellent rental potential on Innerarity Point. This unique home provides approximately 2,300 square feet with 5 bedrooms and 3 bathrooms, making it ideal as a full-time residence, vacation home, or income-producing investment. The upper level (1,384 sq ft) features 3 bedrooms, 2 bathrooms, a bright living area, dining space, full kitchen, and laundry. The lower level (920 sq ft) offers its own private entrance, driveway, and fenced yard, along with 2 bedrooms, 1 bathroom, a full kitchen, living room, and laundry room. The layout allows owners to live in one level while renting the other, accommodate extended family, or rent both levels for short-term income. The home has been completely renovated from top to bottom, including new Hardie siding, new roof, new windows and doors with fabric hurricane shutters, new HVAC systems, luxury vinyl plank flooring, fresh interior and exterior paint, interior doors and trim, solid wood cabinetry with soft-close doors, quartzite countertops, and KitchenAid appliances in the upper kitchen. Exterior features include a fenced backyard, one-car garage, large driveway, and a 20x40 workshop/boat garage with plenty of space for your boat and coastal gear. The property sits across the street from public Intracoastal Waterway access and approximately half a mile from Galvez Landing Boat Ramp and Innerarity Point Park. Popular Perdido Key restaurants including Hub Stacy's, Fisherman's Corner, Bushwacker's Landing, The Point Restaurant, and Salty Pearl Raw Bar are all nearby, along with Publix, Ace Hardware, fishing charters, and a local seafood market. The white sand beaches of Perdido Key are just across the bridge, and the property is not located in a flood zone. This is a rare Innerarity Point opportunity offering versatility, location, and strong investment potential.
Full Property Details
Full Property Details for 14150 Canal Dr
General
- Price: $589,000
- Status: Active
- Type: Single Family
- Source: Pensacola
- MLS ID: 679061
- Updated: 3/19/2026
- Added to Site: 11 day(s) ago
Interior
- Appliances: Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Living Room: Second Level
- Kitchen: Updated, Second Level
- Dining Room: Living/Dining Combo
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 8
- Parking Features: Garage, Boat
Location
- County: Escambia - Fl
- Subdivision: Sun & Sand
- Driving Directions: From Pensacola: Take Sorrento Rd (FL-292W) toward Perdido Key. Turn right on Innerarity Road for .8 miles, turn left on Linn Ave. Linn Ave becomes Canal Dr and the home will be on the left. From the Alabama state line take Perdido Key Drive heading East. Turn left on Innerarity Road for .8 miles, turn left on Linn Ave. Linn Ave becomes Canal Dr and the home will be on the left.
School Information
- Elementary School: Hellen Caro
- Middle School: BAILEY
- High School: Escambia
Heating & Cooling
- Cooling Type: Multi Units
- Heating Type: Central
Utilities
- Sewer: Septic Tank
Structural Information
- Architectural Style: Traditional
- Construction: Frame
- Roof: Shingle
- Stories/Levels: 2
- Square Feet: 2,304
- Year Built: 1986
- Property Condition: Resale
Lot Features
- Property View: Water
- Lot Size (Acres): 0.2645
- Lot Dimensions: 76 x 150
- Road Maintenance: County Maintained Road
- Lot Features: Central Access
- Zoning: Res Single
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $255.64
Disclosures and Reports
- Property ID: 143S321900020002
Listed by Pointe South
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Schools
Schools serving 14150 Canal Dr
School District:Escambia County School District, Cantonment, FL
| Name | Grades | Distance |
|---|---|---|
Hellen Caro Elementary School 12551 Meadson Road, Pensacola, FL 32506 | K-5 | 2.8 mi |
Jim C. Bailey Middle School 4110 Bauer Road, Pensacola, FL 32506 | 6-8 | 2.9 mi |
Escambia High School 1310 North 65th Avenue, Pensacola, FL 32506 | 9-12 | 11.3 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 14150 Canal Dr
Date
Details
Price
Change
Source
3/11/2026
Listed
$589,000
260.02%
MLS
2/14/2025
Sold
$163,600
—
Public Record
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
Tax History for 14150 Canal Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,218
—
$329,631
7%
2024
$4,218
4%
$309,401
10%
2023
$4,038
20%
$281,274
19%
2021
$3,371
-10%
$237,245
-18%
2022
$3,734
11%
$290,426
37%
2021
$3,371
23%
$211,327
13%
2018
$2,742
-4%
$186,654
-6%
2019
$2,846
8%
$198,087
13%
2017
$2,638
1%
$175,367
3%
2016
$2,618
100%
$171,030
4%
2015
$1,307
70%
$165,245
4%
2014
$770
-57%
$159,442
7%
2013
$1,784
—
$149,003
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 14150 Canal Dr
14150 Canal Dr, Pensacola, FL 32507 (MLS# 679061) is a Single Family property with 5 bedrooms and 3 full bathrooms. 14150 Canal Dr is currently listed for $589,000 and was received on March 11, 2026. Want to learn more about 14150 Canal Dr? 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.

