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$1,190,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 4 Full Baths
  • 1 Partial Bath
  • 2,875 Sq. Ft.
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New BOAT SLIP on close to 100' of the intercoastal 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. Buyer to verify all information during due diligence.

Full Property Details for 16604 Perdido Key Dr #1

General

  • Price: $1,190,000
  • HOA FEE: $1,500/month
  • HOA FEE FREQ.: Annually
  • Taxes: $13,779
  • Status: Active
  • Type: Single Family
  • Source: 934
  • MLS ID: 392064
  • Updated: 8/10/2026
  • Added to Site: 186 day(s) ago

Interior

  • Interior Features: Wet Bar, Internet, Ceiling Fan(s), High Ceilings, Vaulted Ceiling(s)
  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Living Room, Master Bedroom
  • Appliances: Cooktop, Disposal, Microwave, Dishwasher, Refrigerator
  • Flooring: Tile, Luxury Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Primary Bathroom: Fireplace, GardenTub, WalkInCloset, SeparateShower, PrivateWaterCloset, MultipleWalkInClosets

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Shared Amenities: Gated, WaterAccessDeeded
  • Pool Description: Gunite, In Ground

Exterior

  • Exterior Features: Outdoor Shower, Built In Gas Grill
  • Porch/Patio/Deck: Patio, Covered Patio

Parking

  • Garage: Yes
  • Parking Features: Detached, RV Garage, Condo Covered Parking, Three Or More Vehicles

Location

  • Area: Pensacola
  • County: Escambia County, AL
  • Subdivision: Mallory Square North
  • Driving Directions: From the Alabama- Florida line travel east on Perdido Key Drive about 1 mile. Mallory Square North will be on the left hand side (Old River side) and it will be the first residential home on the right.

School Information

  • Elementary School: Not Baldwin County
  • Middle School: Not Baldwin County
  • High School: Not Baldwin County High

Community

  • Association: Yes
  • Assoc. Fees Include: Pool, Common Area Insurance, Association Management, Common Area Maintenance

Heating & Cooling

  • Heating Type: Electric

Utilities

  • Utility Description: Water City, Sewage City

Structural Information

  • Architectural Style: Raised Beach
  • Roof: Metal
  • Stories/Levels: 2
  • Building Size: 2875
  • Square Feet: 2,875
  • Sq. Ft. Source: Seller
  • Year Built: 2021

Lot Features

  • Property View: Indirect ICW Side
  • Lot Features: Pier, Gates

Water Features

  • Water Front Name: Old River
  • Water Front View: ICW Access Less Than Or Equal To Quarter Mile

Financial Considerations

  • Association Fee: $18,000
  • Assoc Fee Freq.: Annually
  • Tax Amount: $13,779

Disclosures and Reports

  • Ownership: Whole Full
  • Legal Description: Unit 1 Mallory Square North Or 8650 P 396
  • APN: 06-4S-32-2101-000-001

Listed by Levin Rinke Realty

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Listing agent

— 16604 Perdido Key Dr #1 —

  • Levin Rinke Realty

PHONE: 850-572-3447

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 ATTOM Data Solutions 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
2/19/2026
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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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Levin Rinke Realty

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16604 Perdido Key Drive #1, Pensacola, FL 32507 (MLS# 392064) is a Single Family property with 4 bedrooms, 4 full bathrooms and 1 partial bathroom. 16604 Perdido Key Drive #1 is currently listed for $1,190,000 and was received on February 19, 2026. Want to learn more about 16604 Perdido Key Drive #1? 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.

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