540 Lost Key Dr, Perdido Key, FL 32507
OFF MARKET

540 Lost Key Dr
Perdido Key, FL 32507

Gulf Beach
  • 4 Beds
  • 4.5 Baths
  • 3,276 sqft (on 0.27 acres)

$921,000

Trulia Estimate
as of Jun 11, 2026
Est. Refi. Payment $5,749/mo*

$921,000

Trulia Estimate
as of Jun 11, 2026
Est. Refi. Payment $5,749/mo*
4 Beds
4.5 Baths
3,276 sqft
(on 0.27 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Discover the epitome of spacious luxury in this exquisite property featuring over 3200 sq ft of living space, a large open-concept layout, soaring tall ceilings, and an array of exceptional features. Nestled in the heart of Perdido Key and in the exclusive, gated Lost Key Resort, this unique home is the definition of coastal living at its finest. With 4 bedrooms, 4.5 baths this property offers generous living space for families and guests alike. An oversized master bedroom is located on the first level along with a generous bathroom and his/her closets. The second level provides flexible functionality featuring two large bedrooms and an extra room that can double as an office or another bedroom and built-in bunks in the hallway. Detached from the main house on the second level is a full mother-in-law suite complete with kitchen and laundry. The stunning design and thoughtful features set it apart as a rare gem in Perdido Key's real estate landscape. In addition, you’ll enjoy all the amenities of of Lost Key including deeded community beach access with private beach club.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from March 05, 2026

Home Highlights

Parking
Garage
Outdoor
Deck
View
No Info
HOA
$252/Monthly
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 540 Lost Key Dr

Interior Features

Interior Details
Number of Rooms: 2Types of Rooms: Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 5Number of Bathrooms (full): 4Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 3276 Square Feet
Appliances & Utilities
Utilities: Underground UtilitiesAppliances: Electric Water Heater, Dishwasher, MicrowaveDishwasherMicrowave
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Heat Pump,Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Central
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Hardwood, Tile, Carpet
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Hardwood, Tile, Carpet

Exterior Features

Exterior Home Features
Roof: Clay Tiles SlatePatio / Porch: Covered DeckFoundation: Slab
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageParking Spaces: 2Parking: 2 Car Garage
Pool
Pool: None
Frontage
Responsible for Road Maintenance: Private Maintained RoadRoad Surface Type: Paved
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 34

Property Information

Year Built
Year Built: 2007
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Contemporary
Building
Construction Materials: Block, FrameNot a New ConstructionNot Attached Property
Property Information
Condition: ResaleParcel Number: 143s321400027001

Price & Status

Price
List Price: $925,000Price Range: $895,000 - $925,000
Status Change & Dates
Off Market Date: Thu Oct 26 2023Possession Timing: Close Of Escrow

Active Status

MLS Status: Sold

Location

Direction & Address
City: PensacolaCommunity: Lost Key Plantation
School Information
Elementary School: Hellen CaroJr High / Middle School: BAILEYHigh School: Escambia

Building

Building Area
Building Area: 3276 Square Feet

Community

Community Features: Gated, SidewalksNot Senior Community

HOA

Has an HOAHOA Fee: $3,027/Annually

Lot Information

Lot Area: 0.27 Acres

Energy

Energy Efficiency Features: Insulated Walls

Miscellaneous

Mls Number: 633801

Additional Information

GatedSidewalks
Last check for updates: about 11 hours ago
Listed by Allison Cubit, (850) 637-7600
POINTE SOUTH
Bought with: Patricia Ramirez, (504) 400-5411, KELLER WILLIAMS REALTY GULF COAST
Source: PAR, MLS#633801

Price History for 540 Lost Key Dr

DatePriceEventSource
12/29/2023$895,000Sold
PAR #633801
12/27/2023$925,000PendingPAR #633801
10/27/2023$925,000ContingentPAR #633801
09/22/2023$925,000Listed For SalePAR #633801
03/21/2020$2,595ListingRemovedAgent Provided
03/05/2020$2,595Listed For RentAgent Provided
08/07/2015$2,495ListingRemovedAgent Provided
07/29/2015$2,495PriceChange
Agent Provided
07/16/2015$2,650PriceChange
Agent Provided
07/02/2015$2,750Listed For RentAgent Provided
10/26/2011$2,195ListingRemovedAgent Provided
09/30/2011$2,195PriceChange
Agent Provided
09/16/2011$2,550PriceChange
Agent Provided
09/04/2011$2,600PriceChange
Agent Provided
07/06/2011$2,795Listed For RentAgent Provided
10/09/2008$417,000Sold
N/A

Market trends in Pensacola

Last updated April 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$269K
$1.63K
MoM
Sale-to-List Price
97.7%
0.2%
MoM
Price per sq ft
$169
$2
MoM
Available listings
1749
42
MoM
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Property Tax and Assessment

Year2024
Tax$8,952
Assessment$682,456
Home facts updated by county records

Homeowner tools

Estimated monthly rent$3,475/mo

Comparable Sales for 540 Lost Key Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.07
Single-Family Home
$700,000
11/20/25
3
3.5
2,100
0.09
Single-Family Home
$620,000
11/21/25
3
2.5
1,790
0.47
Single-Family Home
$1,500,000
07/08/25
4
3
2,617
0.68
Single-Family Home
$949,000
04/08/26
5
3
3,210
0.53
Single-Family Home
$555,000
04/16/26
5
3
2,304
0.19
Single-Family Home
$460,000
08/22/25
3
2
2,073
0.75
Single-Family Home
$746,261
06/23/25
4
3.5
2,942
0.57
Single-Family Home
$550,400
10/16/25
4
3
2,045
0.72
Single-Family Home
$670,000
11/05/25
4
3.5
3,005

Nearby homes

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Assigned Schools

These are the assigned schools for 540 Lost Key Dr.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Gulf Beach

At least 3 Trulia users voted on each feature.
  • 100 % Say people would walk alone at night

  • 100 % Say it's dog friendly

  • 100 % Say car is needed

  • 88 % Say there's holiday spirit

  • 80 % Say there are community events

  • 75 % Say they plan to stay for at least 5 years

  • 67 % Say it's quiet

  • 67 % Say streets are well-lit

  • 67 % Say there are sidewalks

  • 60 % Say parking is easy

  • 45 % Say neighbors are friendly

  • 43 % Say there's wildlife

  • 25 % Say it's walkable to restaurants

  • 17 % Say yards are well-kept

  • 14 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Jastaab
    "There are snakes on Perdido...you can’t really let your dog go off leash in my neighborhood...Cottonmouths and Copperheads!"

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 540 Lost Key Dr

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Off Market Homes Near 540 Lost Key Dr

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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.
540 Lost Key Dr, Perdido Key, FL 32507 is a 4 bedroom, 5 bathroom, 3,276 sqft single-family home built in 2007. 540 Lost Key Dr is located in Gulf Beach, Perdido Key. This property is not currently available for sale. 540 Lost Key Dr was last sold on Dec 29, 2023 for $895,000 (3% lower than the asking price of $925,000). The current Trulia Estimate for 540 Lost Key Dr is $921,000.