16787 Perdido Key Dr #E402, Perdido Key, FL 32507
Property image
Property image
FOR SALE
3D VIEW

$545,000

  • 2 Beds
  • 2 Baths
  • 1,116 sqft

16787 Perdido Key Dr #E402, Perdido Key, FL 32507

Est. Mortgage $4,636/mo*
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We estimate this home will sell faster than 86% nearby.

Home Highlights

Condo
Built in 1984
$488/sqft
HOA $1,047/mo

Local Information

  • Map ViewExplore the area around 16787 Perdido Key Dr #E402.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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!
Last check for updates: about 10 hours ago
Listing courtesy of Katherine Justice, (850) 712-4631
Levin Rinke Realty
Source: PAR, MLS#688652
Also Listed on PAR.
We estimate this home will sell faster than 86% nearby.

Home Details for 16787 Perdido Key Dr #E402

Interior Features

Interior Details
Number of Rooms: 3Types of Rooms: Master Bedroom, Bedroom, Kitchen
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1116 Square Feet
Appliances & Utilities
Appliances: Electric Water Heater, Dryer, Washer, Wine Cooler, Dishwasher, Disposal, Microwave, RefrigeratorDishwasherDisposalDryerLaundry: InsideMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Central,Fireplace(s)Has CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Central
Fireplace & Spa
Has a Fireplace
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Vinyl, Carpet, Simulated Wood
Levels, Entrance, & Accessibility
Levels: 8 or More StoryFloors: Vinyl, Carpet, Simulated Wood
View
Has a ViewView: River, Water
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: See RemarksPatio / Porch: CoveredExterior: Dock, Boat SlipFoundation: Pillar/Post/PierHas a Private Pool
Parking & Garage
No CarportNo GarageParking: Boat,Parking Lot,RV/Boat Parking
Pool
Pool: In Ground, CommunityPool
Frontage
WaterfrontWaterfront: River Front, Waterfront, Beach Access, Boat Launch, Natural, Pier, BeachResponsible for Road Maintenance: County Maintained RoadOn Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 1Days on Market: 9

Property Information

Year Built
Year Built: 1984
Property Type / Style
Property Type: ResidentialProperty Subtype: CondominiumArchitecture: Contemporary
Building
Building Name: Shipwatch Surf & Yacht ClubConstruction Materials: ConcreteNot a New Construction
Property Information
Condition: ResaleParcel Number: 014s331100402005

Price & Status

Price
List Price: $545,000Price Per Sqft: $488
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: Perdido KeyCommunity: Shipwatch Surf & Yacht Club
School Information
Elementary School: Hellen CaroJr High / Middle School: BAILEYHigh School: Escambia

Agent Information

Listing Agent
Listing ID: 688652

Building

Building Area
Building Area: 1116 Square Feet
Community rooms
Fitness Center

Community

Community Features: Community Room, Dock, Elevator, Fitness Center, Fishing, Picnic Area, Pier, Sauna, Tennis Court(s)Not Senior Community

HOA

HOA Fee Includes: Association, Cable TV, Maintenance Grounds, Management, Pest Control, Trash, Water/SewerHas an HOAHOA Fee: $12,561/Annually

Lot Information

Lot Area: 10.04 Acres

Miscellaneous

Mls Number: 688652Water ViewWater View: River, WaterAttribution Contact: theperdidogirl@gmail.com

Additional Information

Community RoomDockElevatorFishingPicnic AreaPierSaunaTennis Court(s)

Around this home

What Locals Say about Pensacola

At least 1844 Trulia users voted on each feature.

  • 88 % Say car is needed

  • 81 % Say yards are well-kept

  • 80 % Say parking is easy

  • 79 % Say it's dog friendly

  • 71 % Say there's holiday spirit

  • 63 % Say it's quiet

  • 59 % Say kids play outside

  • 56 % Say people would walk alone at night

  • 50 % Say neighbors are friendly

  • 48 % Say there are sidewalks

  • 47 % Say they plan to stay for at least 5 years

  • 45 % Say streets are well-lit

  • 38 % Say it's walkable to grocery stores

  • 37 % Say there's wildlife

  • 32 % Say it's walkable to restaurants

  • 22 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • marilyn10k
    "Five minutes to work 10 minutes to downtown and 8 minutes to Johnson beach. Shops and restaurants are just around the corner. Great neighborhood, great location."
    1
    Flag
  • Marinda Arachikavitz
    "The people are friendly and have a deep sense of community."
    2
    Flag
  • Shannon Chestnut
    "There’s parks, pools, recreation, and all kinds of fun here!"
    0
    Flag
  • Debannyorkie
    "We have several parks within a few blocks of each other, a great elementary school in the neighborhood and we’re close to numerous grocery stores, a mall and restaurants."
    0
    Flag
  • Lighthouselady14
    "Safe and friendly "
    1
    Flag
  • Angela Southworth
    "I just move here I love my neighborhood is quiet and noise free neighborhood the neighbors wave hi to us "
    0
    Flag
  • Mermaid One
    "Great value for your money. Quiet neighborhood overall. Well maintained homes. Close to everything. Maintenance is very quick when issues occur. "
    0
    Flag
  • Brittany Warren
    "Great walkways and views for dogs most people are very friendly towards animals. They are plenty of other animals to interact with."
    0
    Flag
  • Lynn Plantenberg
    "Many of the neighbors walk their dogs here at all times of the day. Sometimes we do pack walks and most people are happy to see the dogs"
    0
    Flag
  • Jamie
    "The schools are average but the better schools in the area, lots of military and transient families here and ever changing neighbors. Great community for trick or treating, community Christmas parade and all around safe and warm neighborhood. Been here since 2010"
    0
    Flag
  • Stacy
    "The neighborhood is safe, well maintained yards and sidewalks with a near neighborhood park. The park has a basketball courts, kids play area with multiple sets of swings money bars and balance beams. The area is shaded with oak and pine trees and lots of room for dogs and two stations for poop bags and trash cans. I love my sleepy neighborhood that is close to everything. "
    1
    Flag
  • Seeyalovely98
    "It’s a quite neighborhood they would like the quiet part of it and not like the school next door that has loud football games "
    0
    Flag
  • Dntr65dmky
    " Dog owners do not like it because pets Aren’t allowed in the neighborhood but the rest looks neat a it looks like a safe neighborhood!"
    0
    Flag
  • JADE A TANNER
    "The Tanyard neighborhood is comfortable. It's a 5 minute drive and a 20 minute walk to downtown Pensacola. "
    0
    Flag
  • Emily
    "I feel safe here walking my dog alone. We love it here. I feel Like it has low crime and it is family friendly "
    0
    Flag
  • Maeanna Callahan
    "There’s an HOA in this neighborhood. Safe to walk any time of day, even late at night. Lots of families have dogs and walk them often. "
    0
    Flag
  • Izzyandq27
    "The neighborhood is a great place to start a family and raise children. The area is safe and has plenty of kid friendly things for a child to do. Everyone looks out for one another and you can even still let your child walk to school with no worries about them being in danger. In my opinion east Pensacola heights and the surrounding area is the best neighborhood in Pensacola, hands down!!!"
    0
    Flag
  • John Woods
    "Local stores n markets within 5 miles Multiple hospitals n restaurants nearby Interstate within 5 miles state highways within 1-5 miles"
    0
    Flag
  • Michael henderson
    "I see people walking their dogs all the time in my neighborhood. However, there are no dog parks within walking distance."
    0
    Flag
  • Trulia User
    "It’s nice and quiet. Some neighborhoods are better than others but over all it’s a sleepy town. If you’re not in to the whole fast paced packed city "
    1
    Flag
  • Trulia User
    "Love the area it’s quiet people are nice I love too walk the dogs on the side walks near the water "
    0
    Flag
  • Tppsnqq5fw
    "It’s an ok neighborhood they don’t have space for parking if family attends, then so called HOA will send a letter to you speaking of visitors parking"
    0
    Flag
  • Trulia User
    "I drive everywhere and it takes an average amount of time. I can get anywhere I need to go within 20-40 minutes. "
    0
    Flag
  • April Filkins
    "There are no events in my neighborhood so I cannot comment on that. The neighborhood is quiet and peaceful. "
    0
    Flag
  • Bbgyrl221
    "Do not see people walking there dogs I don’t see a lot of dog owners in the area not sure why. The few I see are bigger breeds."
    2
    Flag
  • Bbgyrl221
    "Good neighbors neighborhood is quiet and others keep to themselves I actually have great neighbors a"
    6
    Flag
  • Ldevault1207
    "The traffic here isn’t terrible, but CAN get quite annoying at times! The commute is pretty easy and go with the flow!"
    3
    Flag
  • Thug2u
    "Love the neighborhood. Good families. Pet friendly. Location accessible. Neighborly. Very nice place to raise kids. Very low crime area. "
    10
    Flag
  • Jennifer Hutto
    "Dogs are family here. Everyone is outside walking their dog daily and there are parks in every neighborhood where dogs are welcome. "
    7
    Flag
  • Trulia User
    "my neighborhood has great access to public transportation and the commute to downtown is very peaceful and pleasurable"
    2
    Flag
  • Trulia User
    "many families, quiet neighborhood, safe. great place to raise a family. safe and well maintained area. plenty of parks and trails. "
    2
    Flag
  • Trulia User
    "It's quiet and historically downtown. The neighbors are friendly and nice. It's a great neighborhood for yourself and your children. I would recommend this place for everyone."
    8
    Flag
  • Trulia User
    "I lived in this neighborhood 4 years ago and miss it terribly. The neighbors were friendly and took pride in their yards. I always felt safe there. Loved that it was so close to shopping and to the beach!!"
    3
    Flag
  • Trulia User
    "Huge firework show on the 4th.. Family oriented. Safe neighborhood that is fun and friendly. Very neighborly. "
    1
    Flag
  • Trulia User
    "My neighborhood is family oriented. Public transportation is near as well as gas station, convince and dollar store. restaurants are near the neighborhood as well, shopping centers such as Ross, City Gear, Walmart, Grocery Oulet etc. learn by parks for the children to play also there is a near by trail that have a boardwalk where you can take the children and see turtles, snakes, fish, etc."
    1
    Flag
  • Trulia User
    "Easy access to downtown Pensacola and Perdido Key. Close to NAS Pensacola and the scenic beauty of Navy Pointe Park. Older style homes that are similar to East Hill line the Bayou Grande. Great place to live if you like the water. "
    1
    Flag
  • Trulia User
    "It is eclectic, beautiful and close to everything. People are more likely to be open minded in this neighborhood. There is a mix of backgrounds, ages, affiliations and races here. "
    3
    Flag
  • Trulia User
    "A++. Great place to visit. Will recommend this place to all my friends in the future. Been here a few times"
    0
    Flag
  • Jesinkus
    "Friendly neighbors, the best beaches in the country, NAS Pensacola , the blue Angels, seafood festival, art festival, mullet toss etc"
    1
    Flag
  • Tammy S.
    "quiet peaceful, not much traffic, neighbor's are friendly and helpful when you need them. I recommend this hood"
    55
    Flag

Market trends in Pensacola

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$290K
$8.33KMoM
Sale-to-List Price
98.2%
Price per sq ft
$177
$1MoM
Available listings
1708
88MoM

Home Value

Trulia Estimate
$525K
Since last month
Decreased$13K (-2.3%)
Since last year
Decreased$6K (-1.1%)
Since last sale
Increased$346K (+182.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +85% in the last 10 years
MonthEstimated value
2026
September 2026$535K
August 2026$560K
July 2026$548K
June 2026$534K
May 2026$557K
April 2026$551K
March 2026$549K
February 2026$529K
January 2026$534K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
16787 Perdido Key Dr #A104, Perdido Key, FL
0.00
Condo
$615,000
07/20/26
2
2
1,184
16787 Perdido Key Dr #E504, Perdido Key, FL
0.18
Condo
$548,000
03/03/26
2
2
1,116
16787 Perdido Key Dr #E102, Perdido Key, FL
0.18
Condo
$549,000
10/03/25
2
2
1,116
16787 Perdido Key Dr #A303, Perdido Key, FL
0.17
Condo
$600,000
10/24/25
2
2
1,184
16777 Perdido Key Dr #302, Perdido Key, FL
0.19
Condo
$495,000
04/10/26
2
2
1,267
16777 Perdido Key Dr #602, Perdido Key, FL
0.19
Condo
$542,000
01/27/26
2
2
1,267
16777 Perdido Key Dr #606, Perdido Key, FL
0.19
Condo
$560,000
07/15/26
2
2
1,267
16787 Perdido Key Dr #D603, Perdido Key, FL
0.18
Condo
$680,000
05/20/26
2
2
1,184

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
16787 Perdido Key Dr #A102, Perdido Key, FL 32507
0.00
$635,000
2
2
1,184
For Sale
16787 Perdido Key Dr #A104, Perdido Key, FL 32507
0.00
$615,000
2
2
1,184
Recently Sold
16787 Perdido Key Dr #A504, Perdido Key, FL 32507
0.00
$655,000
2
2
1,184
Recently Sold
16787 Perdido Key Dr #C202, Perdido Key, FL 32507
0.00
$840,000
3
2
1,364
Recently Sold
16787 Perdido Key Dr #E501, Perdido Key, FL 32507
0.00
$700,000
3
2
1,548
Recently Sold
16787 Perdido Key Dr #E604, Perdido Key, FL 32507
0.00
$543,000
2
2
1,116
Off Market
16784 Perdido Key Dr #9, Perdido Key, FL 32507
0.04
$560,000
2
2
1,363
Recently Sold
16784 Perdido Key Dr, Pensacola, FL 32507
0.05
$651,600
4
4
1,760
Off Market
16785 Perdido Key Dr #105, Perdido Key, FL 32507
0.08
$743,400
3
3.5
1,667
Off Market
16785 Perdido Key Dr #301, Perdido Key, FL 32507
0.08
$897,300
3
3
1,805
Off Market

Price and Tax history

DateEventPrice
Sep 7, 2026
Source: PAR #688652
Listed For Sale
$545,000
May 3, 2001
Source: N/A
Sold
$189,000

LGBTQ Local Legal Protections

Katherine Justice, Levin Rinke Realty
Agent Phone: (850) 712-4631
Copyright© 2026 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information deemed reliable but not guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Frequently asked questions about 16787 Perdido Key Dr #E402

  • What is the estimated monthly payment for 16787 Perdido Key Dr #E402?
    Based on a $545,000 list price with 20% down at today's rates, the estimated monthly payment for 16787 Perdido Key Dr #E402 is approximately $3,659 (about $2,962 principal & interest, $622 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 16787 Perdido Key Dr #E402 compare to homes in Perdido Key?
    16787 Perdido Key Dr #E402 is listed at $545,000, about 88% above the $290K median sale price in Perdido Key.
  • What do residents say about Perdido Key?
    Residents describe Perdido Key, FL as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See homes for sale in Perdido Key, FL.
  • What are the closest schools to 16787 Perdido Key Dr #E402?
    The closest schools to 16787 Perdido Key Dr #E402 are Escambia High School (rated 3/10), Hellen Caro Elementary School (Pre-K, rated 7/10), Jim C. Bailey Middle School (rated 5/10).
  • Does 16787 Perdido Key Dr #E402 have air conditioning?
    Yes, 16787 Perdido Key Dr #E402 has air conditioning.
  • Does 16787 Perdido Key Dr #E402 have a pool?
    Yes, 16787 Perdido Key Dr #E402 has a pool.
16787 Perdido Key Dr #E402, Perdido Key, FL 32507 is a 2 bedroom, 2 bathroom, 1,116 sqft condo built in 1984. This property is currently available for sale and was listed by PAR on Sep 7, 2026. The MLS # for this home is MLS# 688652.