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$735,000
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Property Description
Rare opportunity to build your dream coastal home on this cleared canal-front lot in desirable Perdido Key. Located at 7272 Captain Kidd Reef, this approximately 0.265-acre waterfront homesite offers the unique ability to enjoy both beach living and boating access-a combination rarely available along the Gulf Coast. With approximately 53 feet of deep-water canal frontage and an existing seawall, this property is ready for your custom island retreat. Unlike Gulf-front homes that provide incredible beach access but typically lack private boat access, this location offers the best of both worlds: walk to the pristine white sand beaches of the Gulf while keeping your boat right behind your future home with easy access to surrounding waterways. Zoned Medium Density Residential (previously R2PK), this versatile homesite provides flexibility for a custom coastal residence. The lot is cleared, level, and ready for construction with approximately 117 feet of street frontage. Existing improvements include a Beach Mouse permit, boat lift permit readiness, and waterfront infrastructure that adds significant value and convenience. Situated in the heart of Perdido Key, this property is surrounded by natural beauty with Perdido Key State Park nearby, offering protected views, preserved coastal scenery, and some of the most desirable beaches in Northwest Florida. Enjoy quick access by boat to area waterways while remaining close to waterfront dining, shopping, marinas, and all that the Florida Gulf Coast lifestyle has to offer. A rare waterfront opportunity where boating, beaches, privacy, and location come together. Build the island home you've always imagined and experience the best of Perdido Key living.
Full Property Details
Full Property Details for 7272 Captain Kidd Reef
General
- Price: $735,000
- Status: Active
- Type: Residential Lots
- Source: Pensacola
- MLS ID: 686904
- Updated: 8/25/2026
- Added to Site: 52 day(s) ago
Location
- County: Escambia - Fl
- Subdivision: Perdido Key Coves
- Driving Directions: Heading west on Perdido Key Dr turn North on Captain Kidd Reef the lot is on the right.
School Information
- Elementary School: Hellen Caro
- Middle School: BAILEY
- High School: Escambia
Utilities
- Sewer: Public Sewer
- Water: Public
Lot Features
- Property View: Canal, Water
- Lot Size (Acres): 0.2651
- Lot Dimensions: 117.34 x 140 x 53.5 x 153.8
- Lot Features: Interior Lot, Cleared, No Improvements
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Canal Front, Waterfront
Financial Considerations
- Price Per Sq. Ft.: $2,722,222.22
Disclosures and Reports
- Property ID: 323S321100000030
Listed by Levin Rinke Realty
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Schools
Schools serving 7272 Captain Kidd Reef
School District:Escambia County School District, Cantonment, FL
| Name | Grades | Distance |
|---|---|---|
Hellen Caro Elementary School 12551 Meadson Road, Pensacola, FL 32506 | K-5 | 5.3 mi |
Jim C. Bailey Middle School 4110 Bauer Road, Pensacola, FL 32506 | 6-8 | 5.5 mi |
Escambia High School 1310 North 65th Avenue, Pensacola, FL 32506 | 9-12 | 13.9 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 7272 Captain Kidd Reef
Date
Details
Price
Change
Source
8/03/2026
Listed
$735,000
—
MLS
Disclaimer: Historical sales 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 7272 Captain Kidd Reef
7272 Captain Kidd Reef, Perdido Key, FL 32507 (MLS# 686904) is a Residential Lots property with a lot size of 0.2651 acres. 7272 Captain Kidd Reef is currently listed for $735,000 and was received on August 03, 2026. Want to learn more about 7272 Captain Kidd Reef? Do you have questions about finding other Residential Lots 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.

