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$269,000
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Property Description
WOW--- a 2BR/2BA Beach condo for $269k?? YES!! It is PRICED TO SELL, so DON'T Sleep on This One!!! Molokai Villas is a "Villa Style" condo complex and is one of only a handful of Perdido Key properties with BOTH a private beach AND River Access. Molokai Villas owners and guests enjoy one of the best uncrowded beaches on Perdido Key AND the convenience of boat docks on the deep waters of Old River with quick access to Gulf. This well decorated and meticulously cared for 2nd floor unit has been updated with fresh paint, quartz countertops and newer furnishings giving it a completely Coastal Calm feeling. The cottage has continuous neutral tile flooring throughout and a sleeper sofa in the living room. The kitchen features stainless steel appliances, recently installed quartz countertops and new backsplash. The primary bedroom features a french door to the balcony and an en-suite bath. The guest room has a twin over queen bunk to comfortably accommodate up to three additional people. When you're not relaxing on the polywood furniture on the balcony, take a short stroll to the riverside pool. Store your boat in the first come first serve slips, fish from the pier, or take the short walk across the street to the beautiful uncrowded beach! This one truly offers ALL the best of beach and river front living. It is turn-key MOVE IN or RENT READY for you!Monthly HOA dues of $1819.12 include insurance and all bills except electricity and owners contents insurance (HO6). All information thought to be true and accurate but should be verified by buyer or buyers agent. Buyer to verify all information during due diligence.
Full Property Details
Full Property Details for 16590 Perdido Key Dr #1-A
General
- Price: $269,000
- HOA FEE: $1,819/month
- Taxes: $4,087
- Status: Active
- Type: Duplex
- Source: 934
- MLS ID: 384672
- Updated: 1/17/2026
- Added to Site: 135 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), En-Suite, Internet
- Appliances: Dishwasher, Dryer, Electric Range, Refrigerator w/Ice Maker, Washer, Electric Water Heater
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: 1st Floor Primary, 12 x 13, Main, 156 Sq. Ft.
- Bedroom 2: 10 x 12, Main, 120 Sq. Ft.
Other Rooms
- Kitchen: 8 x 14, Main, 112 Sq. Ft.
Additional Information
- Shared Amenities: Fishing, Landscaping
- Pool Description: Association
Parking
- Parking Features: Assigned
Location
- Area: Perdido Key
- County: Escambia, FL
- Subdivision: Molokai Villas
- Driving Directions: From the Theo Barrs Bridge, travel West approximately 5 mlles to Molokai Villas on the right (river side).
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, Pest Control, Recreational Facilities, Reserve Funds, Taxes-Common Area, Trash, Water/Sewer, Pool
- Pets Allowed: Yes
Heating & Cooling
- Heating Type: Electric
Utilities
- Utility Description: Underground Utilities, Cable Connected
Structural Information
- Property Detached: Yes
- Structure Type: Duplex
- Exterior Const.: Concrete Board
- Roof: Composition
- Windows: Window Treatments
- Entry Floor Number: 2
- Stories/Levels: 1
- Building Size: 900
- Square Feet: 900
- Sq. Ft. Source: Assessor
- Year Built: 2007
- Property Condition: Resale
Lot Features
- Property View: Indirect Gulf-Across Rd
- Lot Size (Acres): 2.24
- Lot Size (Sq. Ft.): 97,574.4
- Lot Features: 1-3 acres
Water Features
- Water Front: Yes
- Water Front Name: Old River
- Water Front View: Beach Accs (<=1/4 Mi), Deeded Access, Gulf Accs (<=1/4 Mi), River Acc (<=1/4 Mi)
Financial Considerations
- Association Fee: $1,819
- Assoc Fee Freq.: Monthly
- Tax Amount: $4,087
Disclosures and Reports
- Ownership: Whole/Full
- Legal Description: UNIT 1-A OF MOLOKAI VILLAS CONDOMINIUM PHASE II ALSO 1/21 INT IN COMMON ELEMENTS OR 8616 P 1971
- Property ID: 064S322950101002
Listed by Levin Rinke Realty
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Schools
Schools serving 16590 Perdido Key Dr #1-A
School District:Escambia County School District, Cantonment, FL
| Name | Grades | Distance |
|---|---|---|
Hellen Caro Elementary School 12551 Meadson Road, Pensacola, FL 32506 | K-5 | 6.9 mi |
Jim C. Bailey Middle School 4110 Bauer Road, Pensacola, FL 32506 | 6-8 | 7.1 mi |
Escambia High School 1310 North 65th Avenue, Pensacola, FL 32506 | 9-12 | 15.5 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 16590 Perdido Key Dr #1-A
Date
Details
Price
Change
Source
11/18/2025
Price Reduced
$269,000
-10.03%
MLS
9/04/2025
Listed
$299,000
-14.33%
MLS
9/08/2021
Sold
$349,000
—
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 16590 Perdido Key Dr #1-A
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,258
2%
$319,500
4%
2023
$4,184
81%
$306,000
94%
2021
$2,306
-47%
$157,500
-50%
2022
$4,345
88%
$315,000
59%
2021
$2,306
-19%
$198,000
2%
2018
$2,851
2%
$194,400
—
2019
$2,783
24%
$193,500
31%
2017
$2,244
-2%
$147,850
—
2016
$2,280
5%
$147,850
6%
2015
$2,174
7%
$140,000
4%
2014
$2,027
—
$134,899
6%
2013
$2,021
—
$126,883
—
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 16590 Perdido Key Dr #1-A
16590 Perdido Key Drive #1-A, Pensacola, FL 32507 (MLS# 384672) is a Duplex property with 2 bedrooms and 2 full bathrooms. 16590 Perdido Key Drive #1-A is currently listed for $269,000 and was received on September 04, 2025. Want to learn more about 16590 Perdido Key Drive #1-A? Do you have questions about finding other Duplex real estate for sale in Pensacola? You can browse all Pensacola real estate or contact a Coldwell Banker agent to request more information.

