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$1,400,000
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Property Description
**SELLER TO OFFER $20,000 CREDIT for furniture/decorating costs with acceptable offer** Tucked away in the private, gated enclave of Russell Bayou on Innerarity Island, this waterfront retreat in Perdido Key offers the ultimate blend of peace, privacy, and luxury coastal living. With 4 bedrooms, 3.5 baths, and just under 3,200 square feet, this beautifully updated home was designed to embrace the water views from nearly every angle. Inside, you'll find a freshly painted interior, luxury vinyl plank flooring, custom railings, and an upgraded kitchen with modern finishes and style. New windows allow natural light to pour in while showcasing breathtaking sunsets over the bayou. Step outside and you'll discover what truly sets this home apart. A deep-water pier and boathouse make it a boater's dream, while the inground pool and hot tub offer the perfect place to relax or entertain. The backyard feels like your own private resort with lush new landscaping, a custom gate, and an enhanced outdoor sound system ready to set the vibe for every gathering. Whether you're hosting a crowd or enjoying a quiet evening by the water, the setting is unforgettable. Located in a gated community and in one of the area's cherished waterfront neighborhoods, this home is great for those who crave serenity without sacrificing convenience. Enjoy quick access to local dining, shopping, and entertainment, all while coming home to one of the most scenic and peaceful spots on the Gulf Coast. This is more than a home-it's a lifestyle. Buyer to verify all information during due diligence.
Full Property Details
Full Property Details for 16338 Tarpon Dr
General
- Sold For: $1,400,000
- HOA FEE: $69/month
- HOA FEE FREQ.: Annually
- Taxes: $9,705
- Status: Closed
- Type: Single Family
- Source: 934
- MLS ID: 380273
- Added to Site: 225 day(s) ago
Interior
- Interior Features: Breakfast Bar, Eat-in Kitchen, Attached Sep Living Suite, Ceiling Fan(s), En-Suite, High Ceilings, Internet
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room
- Appliances: Dishwasher, Disposal, Microwave, Gas Range, Refrigerator w/Ice Maker, Gas Water Heater
- Furnishings: Unfurnished
- Flooring: Tile, Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
- Primary Bathroom: Double Vanity, Jetted Tub, Separate Shower
Bedrooms
- Total Bedrooms: 4
- Primary Bedroom: Sitting Area, Walk-In Closet(s)
Other Rooms
- Dining Room: Breakfast Room, Dining/Kitchen Combo
Additional Information
- Shared Amenities: Fishing, Pool - Outdoor, Tennis Court(s), Gated
- Pool: Yes
- Pool Description: Community
- Spa: Yes
- Spa Description: Heated
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Irrigation Sprinkler
- Porch/Patio/Deck: Covered, Porch-Open, Patio
Parking
- Garage: Yes
- Covered Spaces: 2
- Parking Features: Detached, Double Garage, Automatic Garage Door
Location
- Area: Perdido Key
- County: Escambia, FL
- Subdivision: Russell Bayou
- Driving Directions: Head west on Innererity Point Rd. Take the first left onto Boca Ciega Blvd, through the gate then left on Narwhal Drive, then right onto Tarpon Drive. Home is just before the cul-de-sac on your right.
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, Common Area Insurance, Maintenance Grounds, Recreational Facilities, Taxes-Common Area
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Electric (Cool), Heat Pump, Ceiling Fan(s)
- Heating Type: Electric, Central, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Underground Utilities, Cable Connected
Structural Information
- Architectural Style: Contemporary
- Exterior Const.: Stucco, Wood Frame
- Roof: Metal
- Windows: Double Pane Windows
- Building Size: 3196
- Square Feet: 3,196
- Sq. Ft. Source: Assessor
- Year Built: 2007
- Property Condition: Resale
Additional Structures
- Other Structures: Guest House
Lot Features
- Property View: Direct Bay Front, Direct ICW Front, Direct Bayou Front
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 13,939.2
- Lot Dimensions: 61' x 210'
- Fence: Yes
- Lot Features: Less than 1 acre, Cul-De-Sac, Waterfront
- Zoning: Single Family Residence
- Fencing (Description): Fenced
Water Features
- Water Front: Yes
- Water Front Name: Intracoastal Waterway
- Water Front View: Bay Front - Building, Bayou Front - Building, Lagoon Front - Building
Financial Considerations
- Association Fee: $825
- Assoc Fee Freq.: Annually
- Tax Amount: $9,705
Disclosures and Reports
- Ownership: Whole/Full
- Legal Description: LOT 8 BLK H RUSSELL BAYOU AT INNERARITY ISLAND PHASE II PB 17 P 22 & 22A OR 7414 P 1009
- Property ID: 153S323000080008
- Block: 8
- Lot Number: 8
Listed by Keller Williams AGC Realty - Orange Beach
Sold by Non Member Office
Get Pre-Approved Today
Schools
Schools serving 16338 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 | 5.4 mi |
Escambia High School 1310 North 65th Avenue, Pensacola, FL 32506 | 9-12 | 13.7 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 16338 Tarpon Dr
Date
Details
Price
Change
Source
10/21/2025
Sold
$1,400,000
-10.69%
MLS
9/12/2025
Price Reduced
$1,567,500
-0.16%
MLS
7/31/2025
Price Reduced
$1,570,000
-0.63%
MLS
7/10/2025
Price Reduced
$1,580,000
-0.94%
MLS
6/12/2025
Listed
$1,595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
16338 Tarpon Drive, Pensacola, FL 32507 (MLS# 380273) is a Single Family property that was sold at $1,400,000 on October 21, 2025. Want to learn more about 16338 Tarpon Drive? 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.

