540 Lost Key Dr
Perdido Key, FL 32507
Gulf Beach- 4 Beds
- 4.5 Baths
- 3,276 sqft (on 0.27 acres)
4 Beds
4.5 Baths
3,276 sqft
(on 0.27 acres)
Local Information
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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
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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 |
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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 |
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Cumulative Days on Market: 34 |
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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 |
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Price List Price: $925,000Price Range: $895,000 - $925,000 |
Status Change & Dates Off Market Date: Thu Oct 26 2023Possession Timing: Close Of Escrow |
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MLS Status: Sold |
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Direction & Address City: PensacolaCommunity: Lost Key Plantation |
School Information Elementary School: Hellen CaroJr High / Middle School: BAILEYHigh School: Escambia |
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Building Area Building Area: 3276 Square Feet |
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Community Features: Gated, SidewalksNot Senior Community |
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Has an HOAHOA Fee: $3,027/Annually |
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Lot Area: 0.27 Acres |
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Energy Efficiency Features: Insulated Walls |
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Mls Number: 633801 |
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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
| Date | Price | Event | Source |
|---|---|---|---|
| 12/29/2023 | $895,000 | Sold | PAR #633801 |
| 12/27/2023 | $925,000 | Pending | PAR #633801 |
| 10/27/2023 | $925,000 | Contingent | PAR #633801 |
| 09/22/2023 | $925,000 | Listed For Sale | PAR #633801 |
| 03/21/2020 | $2,595 | ListingRemoved | Agent Provided |
| 03/05/2020 | $2,595 | Listed For Rent | Agent Provided |
| 08/07/2015 | $2,495 | ListingRemoved | Agent Provided |
| 07/29/2015 | $2,495 | PriceChange | Agent Provided |
| 07/16/2015 | $2,650 | PriceChange | Agent Provided |
| 07/02/2015 | $2,750 | Listed For Rent | Agent Provided |
| 10/26/2011 | $2,195 | ListingRemoved | Agent Provided |
| 09/30/2011 | $2,195 | PriceChange | Agent Provided |
| 09/16/2011 | $2,550 | PriceChange | Agent Provided |
| 09/04/2011 | $2,600 | PriceChange | Agent Provided |
| 07/06/2011 | $2,795 | Listed For Rent | Agent Provided |
| 10/09/2008 | $417,000 | Sold | N/A |
Market trends in Pensacola
Last updated April 2026
Avg. sale price
$269K $1.63KMoM
Sale-to-List Price
97.7% 0.2%MoM
Price per sq ft
$169 $2MoM
Available listings
1749 42MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| 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
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 540 Lost Key Dr.
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.
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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.

