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$462,000 Just Listed
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Property Description
ENJOY THE BEST OF PERDIDO KEY FROM THIS BEAUTIFULLY UPDATED WATERFRONT VILLA LOCATED DIRECTLY ON OLE RIVER WITH DIRECT ACCESS TO THE SUGAR-WHITE SANDS OF THE GULF OF AMERICA JUST ACROSS THE STREET. THIS RARE 2-BEDROOM PLUS LOFT FLOOR PLAN OFFERS THE PERFECT COMBINATION OF WATERFRONT LIVING AND GULF BEACH CONVENIENCE. THE VERSATILE LOFT CAN EASILY SERVE AS A THIRD BEDROOM, HOME OFFICE, OR ADDITIONAL LIVING SPACE, MAKING THIS PROPERTY IDEAL AS A PRIMARY RESIDENCE, VACATION GETAWAY, OR INVESTMENT OPPORTUNITY. Move-in ready and tastefully remodeled, this spacious villa features beautiful kitchen cabinetry, modern appliances, luxury vinyl plank flooring throughout, and an open, airy floor plan filled with natural light. The two spacious bedrooms are complemented by a versatile loft accessed by a spiral staircase, providing additional sleeping space for family and guests. The updated bathrooms and tasteful coastal finishes make this home ready to enjoy from day one. The highlight of the home is the brand-new oversized waterfront balcony, where you can relax with your morning coffee, watch boats cruise along Ole River, enjoy spectacular sunsets, and take in the peaceful waterfront setting right outside your door. Molokai Villas is one of Perdido Key's most unique waterfront communities, offering boat docks on the deep waters of Ole River with quick access to the Gulf of America, a sparkling waterfront pool, assigned parking, and direct access across the street to one of Perdido Key's most beautiful and uncrowded stretches of sugar-white sand. Conveniently located just a short walk along the new Perdido Key multi-use path to The Crab Trap, Ole River Grill, and the world-famous Flora-Bama. MOLOKAI VILLAS IS A TRUE HIDDEN GEM WHERE BOATING, BEACH DAYS, AND WATERFRONT LIVING COME TOGETHER. DON'T MISS THIS RARE OPPORTUNITY TO OWN A BEAUTIFULLY UPDATED VILLA IN ONE OF PERDIDO KEY'S MOST SOUGHT-AFTER WATERFRONT COMMUNITIES.
Full Property Details
Full Property Details for 16590 Perdido Key Dr #7A
General
- Price: $462,000
- HOA FEE: $21,829
- Status: Active
- Type: Condo
- Source: Pensacola
- MLS ID: 685098
- Updated: 6/27/2026
- Added to Site: 5 day(s) ago
Interior
- Interior Features: Baseboards, Ceiling Fan(s), Recessed Lighting, Bonus Room
- Appliances: Electric Water Heater, Dryer, Washer, Dishwasher, Microwave, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: 12 x 13, First Level, 156 Sq. Ft.
Other Rooms
- Kitchen: Updated, 8 x 14, First Level, 112 Sq. Ft.
- Dining Room: Breakfast Bar, Living/Dining Combo
- Laundry: Inside, W/D Hookups
Additional Information
- Shared Amenities: Beach, Pool, Pavilion/Gazebo
- Shared Pool: Yes
- Pool: Yes
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Balcony, Dock
Parking
- Parking Features: Guest
Location
- County: Escambia - Fl
- Subdivision: Molokai Villas
- Building Name: Molokai VIllas Condo
- Driving Directions: LOCATED TOWARD THE WEST END OF PERDIDO KEY APPROX. 1 BLOCK WEST OF THE CRAB TRAP RESTAURANT ON OLE RIVER
School Information
- Elementary School: Hellen Caro
- Middle School: BAILEY
- High School: Escambia
Community
- Association: Yes
- Pets Allowed: 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: 2
- Square Feet: 1,044
- Year Built: 1983
- Property Condition: Resale
Lot Features
- Property View: River
- Lot Size (Acres): 2.237
- Street/Road Desc.: Paved
- Road Maintenance: Private Maintained Road
- Zoning: Res Multi, Res Single
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.: $442.53
- Association Fee: $21,829
Disclosures and Reports
- Restrictions: Yes
- Property ID: 064S322950107002
Listed by Bastion Realty LLC
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Schools
Schools serving 16590 Perdido Key Dr #7A
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 #7A
Date
Details
Price
Change
Source
6/27/2026
Listed
$462,000
2.9%
MLS
6/27/2024
Sold
$449,000
—
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 #7A
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,194
12%
$370,620
10%
2024
$4,641
5%
$336,274
10%
2023
$4,434
70%
$305,704
71%
2021
$2,605
-40%
$179,046
-51%
2022
$4,310
65%
$365,400
59%
2021
$2,605
-15%
$229,680
6%
2018
$3,075
10%
$216,108
16%
2017
$2,804
-2%
$187,000
—
2016
$2,850
-11%
$187,000
-17%
2019
$3,209
26%
$224,460
36%
2015
$2,544
7%
$165,000
3%
2014
$2,384
-4%
$159,686
2%
2013
$2,484
—
$157,238
—
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 #7A
16590 Perdido Key Dr #7A, Perdido Key, FL 32507 (MLS# 685098) is a Condo property with 2 bedrooms and 2 full bathrooms. 16590 Perdido Key Dr #7A is currently listed for $462,000 and was received on June 27, 2026. Want to learn more about 16590 Perdido Key Dr #7A? Do you have questions about finding other Condo real estate for sale in Perdido Key? You can browse all Perdido Key real estate or contact a Coldwell Banker agent to request more information.

