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

$925,300

Trulia Estimate
  • 4 Beds
  • 4.5 Baths
  • 3,276 sqft (on 0.27 acres)

540 Lost Key Dr, Perdido Key, FL 32507

Gulf Beach
Est. Refi. Payment $5,815/mo*
Refinance Your Home
Currently Off Market - Sold Dec 29, 2023 for $895,000

Home Value

Trulia Estimate
$925K
Since last month
Decreased$9K (-1%)
Since last year
Increased$31K (+3.4%)
Since last sale
Increased$32K (+3.6%)
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 +97% in the last 10 years
MonthEstimated value
2026
August 2026$927K
August 2026$925K
July 2026$936K
June 2026$944K
May 2026$921K
April 2026$919K
March 2026$920K
February 2026$899K
January 2026$879K
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
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
0.08
Single-Family Home
$590,000
06/11/26
4
2
1,835
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
0.57
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
0.26
Single-Family Home
$467,400
01/26/26
3
3
1,972
0.73
Single-Family Home
$800,000
05/12/26
3
3.5
2,572

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
0.04
$647,300
4
2.5
1,947
Off Market
0.03
-
-
-
-
Off Market
0.07
$699,100
5
3
2,511
Off Market
0.08
$590,000
4
2
1,835
Recently Sold
0.03
-
-
-
-
Off Market
0.01
$666,600
4
4
2,979
Off Market
0.09
$620,000
3
2.5
1,790
Recently Sold
0.08
$905,700
4
3
2,896
Off Market
0.13
$725,200
4
4
2,979
Off Market
0.07
$700,000
3
3.5
2,100
Recently Sold
0.06
$739,800
3
3.5
2,072
Off Market

Local Information

  • Map ViewExplore the area around 540 Lost Key Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2007
Lot Size
0.27 acres
Living Area
3,276 sqft
Price/Sqft
$282
Parking
Garage
HOA
$252/Monthly

About this House

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.
540 Lost Key Dr, Perdido Key, FL 32507 is a 4 bedroom, 5 bathroom, 3,276 sqft single-family home in Gulf Beach, built in 2007. It last sold for $895,000 on Dec 29, 2023 (3% below the $925,000 asking price). More recently, it was listed as a rental in March 2020 with an asking price of $2,595 per month. That rental listing was removed on March 21, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $925,300, with a rent estimate of $3,610/month.
Last check for updates: about 2 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

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

Price and Tax history

DateEventPrice
Dec 29, 2023
Source: PAR #633801
Sold
$895,000
Dec 27, 2023
Source: PAR #633801
Pending
$925,000
Oct 27, 2023
Source: PAR #633801
Contingent
$925,000
Sep 22, 2023
Source: PAR #633801
Listed For Sale
$925,000
Mar 21, 2020
Source: Agent Provided
ListingRemoved
$2,595

Market trends in Pensacola

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$282K
$10.85K
MoM
Sale-to-List Price
98.2%
0.1%
MoM
Price per sq ft
$176
$2
MoM
Available listings
1792
46
MoM

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

  • 80 % 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

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Frequently asked questions about 540 Lost Key Dr

  • What is 540 Lost Key Dr estimated to be worth?
    Trulia's estimated value for 540 Lost Key Dr in Perdido Key, FL is $925,300.
  • What is the price history for 540 Lost Key Dr?
    540 Lost Key Dr in Perdido Key, FL last sold for $895,000 in December 2023.
  • Is Perdido Key a buyer's or seller's market?
    Perdido Key is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Perdido Key?
    The median sale price in Perdido Key is $282K. That is up $10.85K from the prior month.
  • Does 540 Lost Key Dr have air conditioning?
    Yes, 540 Lost Key Dr in Perdido Key, FL has air conditioning.
  • How big is the lot at 540 Lost Key Dr?
    The lot at 540 Lost Key Dr in Perdido Key, FL is about 0.27 acres (11,761 sq ft).

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