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$449,000 Just Listed
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Property Description
Love Perdido Key, Old River, and Boating Life ? You may have just found your condo in an amazing small density cottage complex directly on Old River. This 2 bedroom 2 bath unit also has a loft upstairs that is currently being used as extra sleeping space, but this 17x10 space could be tailored to meet your family needs in lots of ways: Art studio, extra TV room, game room, office, for a few ideas. Updated kitchen with granite counter tops and stainless appliances. Stack washer and dryer are conveniently located in kitchen area. Old River views are great from the living and kitchen areas. Generous balcony on Old River for enjoying boat traffic, sunning, and sunsets that do not disappoint!! The swimming pool is conveniently located at the front door of the unit and feels like your personal pool !! Boat docks offer quick access to the Gulf for fishing, or just doing a little boat cruising to enjoy the fun Islands that everyone enjoys for visiting with friends and a little swimming and floating around. Lots of good restaurants on the water to enjoy as well. Hope you will make plans to see this unit soon, as it does have so much fun and enjoyment to offer. Life Is Good at Molokai...................
Full Property Details
Full Property Details for 16590 Perdido Key Dr
General
- Price: $449,000
- HOA FEE: $21,829
- Status: Active
- Type: Condo
- Source: Pensacola
- MLS ID: 685540
- Updated: 7/9/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Bonus Room
- Appliances: Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: 10 x 12, First Level, 120 Sq. Ft.
Other Rooms
- Kitchen: Updated, 8 x 14, First Level, 112 Sq. Ft.
- Eat-in kitchen: Yes
- Dining Room: Breakfast Bar, Eat-in Kitchen
Exterior
- Exterior Features: Dock
Parking
- Total Spaces: 2
- Parking Features: 2 Space/Unit, Guest
Location
- County: Escambia - Fl
- Building Name: Molokai VIllas Condo
- Driving Directions: Travel east from Orange Beach. Cross the AL/FL line at the Flora Bama. Go approximately 1 mile and start looking on your right for Molokai sign.
School Information
- Elementary School: Hellen Caro
- Middle School: BAILEY
- High School: Escambia
Community
- Association: Yes
Heating & Cooling
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Cottage
- Construction: Frame
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 1,044
- Year Built: 1983
- Property Condition: Resale
Lot Features
- Property View: River
- Lot Size (Acres): 2.24
- Street/Road Desc.: Paved
- Road Maintenance: Private Maintained Road
- Zoning: City
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: River Front, Waterfront, Beach Access, Deed Access, Natural
- Beach Front: Yes
Financial Considerations
- Price Per Sq. Ft.: $430.08
- Association Fee: $21,829
Disclosures and Reports
- Property ID: 064S322950106002
Listed by Goode Realty
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Schools
Schools serving 16590 Perdido Key Dr
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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16590 Perdido Key Dr
Date
Details
Price
Change
Source
7/07/2026
Listed
$449,000
8.19%
MLS
12/20/2021
Sold
$415,000
—
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
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,509
6%
$319,500
—
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
-14%
$198,000
11%
2019
$2,671
2%
$178,898
-8%
2018
$2,606
16%
$194,400
31%
2017
$2,244
-2%
$147,850
—
2016
$2,280
5%
$147,850
6%
2015
$2,174
3%
$140,000
—
2014
$2,102
-3%
$140,126
2%
2013
$2,174
—
$136,936
—
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
16590 Perdido Key Dr, Pensacola, FL 32507 (MLS# 685540) is a Condo property with 2 bedrooms and 2 full bathrooms. 16590 Perdido Key Dr is currently listed for $449,000 and was received on July 07, 2026. Want to learn more about 16590 Perdido Key Dr? Do you have questions about finding other Condo real estate for sale in Pensacola? You can browse all Pensacola real estate or contact a Coldwell Banker agent to request more information.

