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$385,000
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Property Description
Waterfront lot in the Russell Bayou subdivision on Innerarity Island. The lot fronts Russell Bayou with direct access to the Intracoastal Waterway. The bayou is pristine with an abundance of wildlife. This is an excellent location for the boating enthusiast with it close to Orange Beach and the pass to the Gulf. The amenities of Russell Bayou subdivision include a pool, tennis court, nature preserve and gated entrance. There has been a flurry of new homes constructed recently which adds to the appeal. The lot will need a seawall and backfill as evident on the neighboring lots. The wetlands are confined to the waterfront section and are protected by a FDEP conservation easement.
Full Property Details
Full Property Details for 16326 Tarpon Dr
General
- Price: $385,000
- Status: Active
- Type: Residential Lots
- Source: Pensacola
- MLS ID: 673627
- Updated: 11/11/2025
- Added to Site: 68 day(s) ago
Location
- County: Escambia - Fl
- Subdivision: Russell Bayou
- Driving Directions: From Sorrento Road turn right at Innerarity Pointe Road. Go through the gate onto Innerarity Island. Take left at the gate at the entrance to Russell Bayou. Go straight and take left on Narwhal Drive. Take right on Tarpon Drive and the lot is near the end of the road on the right.
School Information
- Elementary School: Hellen Caro
- Middle School: BAILEY
- High School: Escambia
Community
- Association: Yes
Utilities
- Sewer: Public Sewer
- Water: Public
Lot Features
- Property View: Water
- Lot Size (Acres): 0.259
- Lot Dimensions: 83.85' x 147' x 79.42' x 138.4
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Bayou, Waterfront, Natural
Financial Considerations
- Price Per Sq. Ft.: $1,480,769.23
Disclosures and Reports
- Property ID: 153S323000060008
Listed by Asmar & Associates
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Schools
Schools serving 16326 Tarpon Dr
School District:Escambia County School District, Cantonment, FL
| Name | Grades | Distance |
|---|---|---|
Hellen Caro Elementary School 12551 Meadson Road, Pensacola, FL 32506 | K-5 | 5.2 mi |
Jim C. Bailey Middle School 4110 Bauer Road, Pensacola, FL 32506 | 6-8 | 5.3 mi |
Escambia High School 1310 North 65th Avenue, Pensacola, FL 32506 | 9-12 | 13.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16326 Tarpon Dr
Date
Details
Price
Change
Source
11/11/2025
Listed
$385,000
568.4%
MLS
6/21/2013
Sold
$57,600
—
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 16326 Tarpon Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,305
—
$137,187
10%
2024
$2,305
2%
$124,716
10%
2023
$2,265
3%
$113,379
-30%
2022
$2,203
4%
$161,250
16%
2021
$2,114
48%
$138,750
12%
2018
$1,431
40%
$123,750
93%
2017
$1,024
-29%
$64,000
-17%
2019
$1,450
42%
$77,440
21%
2016
$1,021
10%
$64,000
14%
2015
$932
3%
$56,000
—
2014
$905
-36%
$56,000
-35%
2013
$1,406
—
$85,500
—
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 16326 Tarpon Dr
16326 Tarpon Dr, Pensacola, FL 32507 (MLS# 673627) is a Residential Lots property with a lot size of 0.259 acres. 16326 Tarpon Dr is currently listed for $385,000 and was received on November 11, 2025. Want to learn more about 16326 Tarpon Dr? Do you have questions about finding other Residential Lots real estate for sale in Pensacola? You can browse all Pensacola real estate or contact a Coldwell Banker agent to request more information.

