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$545,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,116 Sq. Ft.
  • Updated 15 hours ago
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COME HOME TO BREATHTAKING, PANORAMIC VIEWS OVERLOOKING OLE RIVER AND ONO ISLAND FROM THIS 4TH FLOOR, 2BR, FURNISHED RIVERSIDE CONDO AT SHIPWATCH! ENJOY EASY BEACH ACCESS DIRECTLY ACROSS THE STREET ALONG WITH FULL BOATING FACILITIES....Relax and enjoy the boats go by from your extra-large balcony with over 230 sf. of outdoor living space. The open kitchen seamlessly connects to the main living and dining area, featuring white cabinetry and appliances, granite counter tops and spacious island. Cozy up to the fireplace at the heart of the living area. The primary bedroom not only boasts serene Ole River views but also includes a private bathroom complete with large walk-in tile shower and an extra-large walk-in closet. Shipwatch owners enjoy the best of both worlds with uncrowded beaches PLUS boat launch, boat storage and first-come, first-serve boat slips on the deep waters of Ole River. You also have plenty of room to store your beach, pool and boating supplies with two owner storage closets. Shipwatch has one of the strongest Homeowner Associations on the island and has excellent on-site management and maintenance staff. Other great amenities include two pools (Gulf and Riverfront), two clubhouses (Gulf and Riverfront), tennis courts, 2 brand new pickleball courts, fitness room, sauna, and indoor hot tub. RELAX AND WELCOME HOME TO LAID-BACK ISLAND LIFE!

Full Property Details for 16787 Perdido Key Dr #E-402

General

  • Price: $545,000
  • HOA FEE: $12,561
  • Status: Active
  • Type: Condo
  • Source: Pensacola
  • MLS ID: 688652
  • Updated: 9/8/2026
  • Added to Site: 2 day(s) ago

Interior

  • Interior Features: Baseboards, Ceiling Fan(s), Recessed Lighting
  • Fireplace: Yes
  • Appliances: Electric Water Heater, Dryer, Washer, Wine Cooler, Dishwasher, Disposal, Microwave, Refrigerator
  • Flooring: Vinyl, Carpet, Simulated Wood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2
  • Primary Bedroom: 12 x 16.6, First Level, 199.2 Sq. Ft.
  • Bedroom 1: 11 x 12, First Level, 132 Sq. Ft.

Other Rooms

  • Kitchen: Not Updated, Granite Counters, Kitchen Island, Pantry, 11 x 11, First Level, 121 Sq. Ft.
  • Dining Room: Breakfast Bar, Living/Dining Combo
  • Laundry: Inside

Additional Information

  • Shared Amenities: Beach, Pool, Community Room, Dock, Elevator, Fitness Center, Fishing, Picnic Area, Pier, Sauna, Tennis Court(s)
  • Shared Pool: Yes
  • Pool: Yes
  • Pool Description: In Ground
  • Tennis: Yes
  • Security/Safety: Smoke Detector(s)

Exterior

  • Exterior Features: Dock, Boat Slip
  • Deck/Patio: Covered

Parking

  • Parking Features: Boat, Parking Lot, RV/Boat Parking

Location

  • County: Escambia - Fl
  • Subdivision: Shipwatch Surf & Yacht Club
  • Building Name: Shipwatch Surf & Yacht Club
  • Driving Directions: 1/4 mile east of AL/FL state line in Florida on Perdido Key Drive.

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, Fireplace(s)

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Contemporary
  • Construction: Concrete
  • Roof: See Remarks
  • Square Feet: 1,116
  • Year Built: 1984
  • Property Condition: Resale

Lot Features

  • Property View: River, Water
  • Lot Size (Acres): 10.04
  • Road Maintenance: County Maintained Road
  • Zoning: Res Multi

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: River Front, Waterfront, Beach Access, Boat Launch, Natural, Pier
  • Boat Dock Slip: Yes
  • Beach Front: Yes

Financial Considerations

  • Price Per Sq. Ft.: $488.35
  • Association Fee: $12,561

Disclosures and Reports

  • Property ID: 014S331100402005

Listed by Levin Rinke Realty

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— 16787 Perdido Key Dr #E-402 —

  • Levin Rinke Realty

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 16787 Perdido Key Dr #E-402 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/07/2026
Listed
$545,000
188.36%
MLS
5/03/2001
Sold
$189,000
—
Public Record
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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 16787 Perdido Key Dr #E-402

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,971
—
$474,300
5%
2024
$5,971
3%
$451,980
10%
2023
$5,795
96%
$411,859
102%
2021
$2,953
-44%
$204,228
-49%
2022
$5,286
79%
$401,760
18%
2021
$2,953
15%
$340,380
59%
2018
$2,578
—
$213,700
2%
2017
$2,573
1%
$209,305
2%
2016
$2,556
-1%
$205,000
-6%
2019
$2,581
—
$217,760
6%
2015
$2,574
-3%
$205,000
14%
2014
$2,667
-5%
$179,305
—
2013
$2,814
—
$178,856
—
View All
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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NMLS#: 1598647

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Listed by Levin Rinke Realty

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16787 Perdido Key Dr #E-402, Perdido Key, FL 32507 (MLS# 688652) is a Condo property with 2 bedrooms and 2 full bathrooms. 16787 Perdido Key Dr #E-402 is currently listed for $545,000 and was received on September 07, 2026. Want to learn more about 16787 Perdido Key Dr #E-402? 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.

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