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$1,190,000

  • For Sale
  • Active
  • Condo
  • 4 Beds
  • 4 Full Baths
  • 1 Partial Bath
  • 2,875 Sq. Ft.
  • Updated 10 days ago

Next open house:

Open House: 11:00 AM - 2:00 PM

Sunday 2/22 11:00 AM - 2:00 PM

16604 Perdido Key Dr #1,Pensacola, FL 32507

16604 Perdido Key Dr #1PensacolaFL32507

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Boat slip on Ole River included! Welcome to Mallory Square North, where Key West charm meets luxury coastal living in Perdido Key. This stunning freestanding home is located in a gated community just across the street from the sugar-white sands of the Gulf, offering the perfect mix of beach days and boating adventures. A rare highlight of this unit is the designated boat slip on Ole River, plus an oversized private storage/garage space large enough to store a boat-ideal for boaters and anyone needing extra room for beach gear, paddleboards, and fishing equipment. Inside, enjoy a spacious 4-bedroom, 4.5-bath layout with every bedroom featuring an ensuite bathroom for ultimate privacy. The open-concept living area is made for entertaining with a gas fireplace, wet bar, and wine fridge. The kitchen shines with custom cabinetry, a large pantry, and stylish concrete countertops. Upscale finishes include 10' ceilings and 8' doors on the main level, tongue-and-groove ceilings, crown molding, hardwood floors, and tiled showers throughout. A bonus bunk room offers extra sleeping space, while the primary suite features a gas fireplace, walk-in closet, and spa-like bath with a soaking tub and separate shower. Enjoy resort-style amenities including a community pool with sun shelf and beautiful Ole River views. Outdoor living is easy with an outdoor kitchen (built-in grill + sink) and an outdoor shower for rinsing off after the beach. Parking is a breeze with under-unit parking plus the detached storage/garage. Located just 1 mile from Flora-Bama, with quick access to dining, entertainment, and the best of Perdido Key waterfront living. Buyer to verify all information.

Full Property Details for 16604 Perdido Key Dr #1

General

  • Price: $1,190,000
  • HOA FEE: $18,000
  • Status: Active
  • Type: Condo
  • Source: Pensacola
  • MLS ID: 677445
  • Updated: 2/10/2026
  • Added to Site: 11 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), High Ceilings, High Speed Internet, Recessed Lighting, Wet Bar
  • Fireplace: Yes
  • Fireplace(s): Two or More
  • Appliances: Tankless Water Heater/Gas, Wine Cooler, Disposal
  • Flooring: Hardwood, Tile

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4
  • Bedroom 1: 11 x 17, Third Level, 187 Sq. Ft.
  • Bedroom 2: 13 x 12, Third Level, 156 Sq. Ft.
  • Bedroom 3: Second Level

Other Rooms

  • Kitchen: Not Updated
  • Dining Room: Living/Dining Combo
  • Laundry: Inside, W/D Hookups

Additional Information

  • Shared Amenities: Pool, Dock, Gated, Waterfront Deed Access
  • Shared Pool: Yes
  • Pool: Yes
  • Pool Description: In Ground
  • Security/Safety: Smoke Detector(s)

Exterior

  • Exterior Features: Balcony, Barbecue, Outdoor Kitchen, Dock

Parking

  • Parking Features: Covered, Guest

Location

  • County: Escambia - Fl
  • Building Name: Mallory Square
  • Driving Directions: Across from SeaWatch condos on Ole River side

School Information

  • Elementary School: Hellen Caro
  • Middle School: BAILEY
  • High School: Escambia

Community

  • Gated community: Yes
  • Association: Yes

Heating & Cooling

  • Cooling Type: Central Air, Ceiling Fan(s)
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Contemporary, Cottage
  • Construction: Frame
  • Roof: Metal
  • Stories/Levels: 2
  • Square Feet: 2,875
  • Year Built: 2021
  • Property Condition: Resale

Lot Features

  • Property View: River, Water
  • Lot Size (Acres): 1.1449
  • Road Maintenance: Private Maintained Road
  • Lot Features: Central Access
  • Zoning: Res Multi

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Intracoastal Waterway, River Front

Financial Considerations

  • Price Per Sq. Ft.: $413.91
  • Association Fee: $18,000

Disclosures and Reports

  • Property ID: 064S322101000001

Listed by Levin Rinke Realty

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Listing agents

— 16604 Perdido Key Dr #1 —

  • Levin Rinke Realty

  • Levin Rinke Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 16604 Perdido Key Dr #1

School District:Escambia County School District, Cantonment, FL
NameGradesDistance
Hellen Caro Elementary School
12551 Meadson Road, Pensacola, FL 32506
K-56.9 mi
Jim C. Bailey Middle School
4110 Bauer Road, Pensacola, FL 32506
6-87.1 mi
Escambia High School
1310 North 65th Avenue, Pensacola, FL 32506
9-1215.5 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 16604 Perdido Key Dr #1 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/10/2026
Listed
$1,190,000
25.26%
MLS
10/26/2021
Sold
$950,000
—
Public Record
Get Price Alerts and Save Property
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 for 16604 Perdido Key Dr #1

Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,310
-1%
$960,120
2%
2023
$13,468
9%
$940,500
10%
2022
$12,347
—
$855,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Levin Rinke Realty

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16604 Perdido Key Dr #1, Pensacola, FL 32507 (MLS# 677445) is a Condo property with 4 bedrooms, 4 full bathrooms and 1 partial bathroom. 16604 Perdido Key Dr #1 is currently listed for $1,190,000 and was received on February 10, 2026. Want to learn more about 16604 Perdido Key Dr #1? 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.

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