7196 Sharp Reef Dr #1, Perdido Key, FL 32507
OFF MARKET

7196 Sharp Reef Dr #1
Perdido Key, FL 32507

  • 3 Beds
  • 2.5 Baths
  • 1,459 sqft

$676,500

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $4,311/mo*
Refinance Your Home

$676,500

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $4,311/mo*
Refinance Your Home
3 Beds
2.5 Baths
1,459 sqft

Home Value

Trulia Estimate
$677K
Since last month
Decreased$9K (-1.3%)
Since last year
Increased$26K (+4%)
Since last sale
Increased$102K (+17.7%)
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 +117% in the last 10 years
MonthEstimated value
2026
August 2026$677K
July 2026$686K
June 2026$679K
May 2026$672K
April 2026$674K
March 2026$674K
February 2026$657K
January 2026$654K
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
16285 Perdido Key Dr #224, Perdido Key, FL
0.89
Condo
$665,000
11/14/25
3
2
1,362
16285 Perdido Key Dr #221, Perdido Key, FL
0.89
Condo
$760,000
02/20/26
3
3
1,522
16285 Perdido Key Dr #424, Perdido Key, FL
0.95
Condo
$699,000
02/12/26
3
2
1,518
16285 Perdido Key Dr #621, Perdido Key, FL
0.89
Condo
$870,000
07/22/26
3
3
1,522
16285 Perdido Key Dr #724, Perdido Key, FL
0.94
Condo
$775,000
06/11/26
3
2
1,362
16284 Perdido Key Dr #912, Perdido Key, FL
0.89
Condo
$580,000
04/22/26
2
2
1,239
16281 Perdido Key Dr #W405, Perdido Key, FL
0.85
Condo
$730,000
08/13/26
2
2
1,357
16281 Perdido Key Dr #W504, Pensacola, FL
0.85
Condo
$735,000
11/18/25
2
2
1,360
16285 Perdido Key Dr #1024, Perdido Key, FL
0.96
Condo
$805,000
11/21/25
3
2
1,518
16284 Perdido Key Dr #712, Perdido Key, FL
0.89
Condo
$553,000
01/15/26
2
2
1,239

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
7188 Sharp Reef Rd, Pensacola, FL 32507
0.01
$1,480,700
3
4
2,400
Off Market
7200 Sharp Reef Rd #2, Pensacola, FL 32507
0.02
$445,100
2
2
960
Off Market
15760 Bowlegs Reef, Pensacola, FL 32507
0.06
$1,031,400
3
3
2,325
Off Market
15000 BOWLEGS REEF, PERDIDO KEY, FL 32507
0.07
-
-
-
-
Off Market
7267 Sharp Reef Rd, Perdido Key, FL 32507
0.04
-
-
-
-
Off Market
7213 Flood Reef, Pensacola, FL 32507
0.06
$1,214,100
10
6
4,043
Off Market
15751 Bowlegs Reef, Perdido Key, FL 32507
0.09
$1,464,600
4
3
3,111
Off Market
7156 Sharp Reef Rd #B2, Pensacola, FL 32507
0.06
$424,700
2
2.5
1,080
Off Market
7156 Sharp Reef #B4, Pensacola, FL 32507
0.06
$482,800
2
2.5
1,080
Off Market
7205 Captain Kidd Reef, Perdido Key, FL 32507
0.11
$925,300
4
3
2,192
Off Market
7227 Sharp Reef Rd #5, Pensacola, FL 32507
0.09
$535,800
2
2.5
1,383
Off Market

Local Information

  • Map ViewExplore the area around 7196 Sharp Reef Dr #1.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Condo
Year Built
1983
Living Area
1,459 sqft
Price/Sqft
$464

About this House

Welcome to Blue Cove! Calling all BOATERS and BEACH GOERS. This gorgeous TOWN HOME is right on the water. Comes with TWO PRIVATE BOAT SLIPS! Also you are about a 3 minute walk to the BEACH! This is WATER LOVERS PARADISE. Step into a gorgeous town home with a NEWLY UPDATED kitchen and gorgeous flooring that flows into the elegantly styled dining and living room. Also there is a newly updated half bath in the main living and kitchen area for convenience. Be greeted upstairs to a master and a guest room with a generously sized shared bathroom. Sit and watch the boats pass on the private balcony from the master. Make you way down to the ground level and enter the separate apartment. Equipped with a kitchenette a bathroom, a queen loft bed, a sitting area, a washer and dryer, and porch access. Have evenings on the tranquil patio and enjoy the bay breeze with a nice cocktail. Whether you prefer sunbathing on the back patio, taking the boat out, or listening to the waves while lounging on the beach, Blue Cove has a way for everyone to relax! Located in Perdido Key, you will find several restaurants and attractions nearby such as the Flora-Bama, The Crab Trap, The Shrimp Basket, and Lillian's Pan Pizza! Also close to BEACHES and close to the cute urban city of PENSACOLA. Come make a move on this one of a kind BEACH HOUSE!
7196 Sharp Reef Dr #1, Perdido Key, FL 32507 is a 3 bedroom, 3 bathroom, 1,459 sqft condo built in 1983. It last sold for $575,000 on Jun 11, 2021. More recently, it was listed as a rental in July 2017 with an asking price of $2,200 per month. That rental listing was removed on July 17, 2017. It is currently off market. The Trulia Estimate is $676,500, with a rent estimate of $2,421/month.

Home Details for 7196 Sharp Reef Dr #1

Interior Features

Heating & Cooling
Heating: Forced Air, ElectricAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Carpet, Hardwood, Laminate
Interior Details
Types of Rooms: Dining RoomCeiling Fan
Appliances & Utilities
DryerWasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: MetalDeckExterior: OtherFoundation Type: PilingPorch
Parking & Garage
Parking: Off Street

Property Information

Year Built
Year Built: 1983Year Updated: 1990
Property Type / Style
Property Type: CondoArchitecture: Prefab, Modular

Community

Units in Building: 1

Lot Information

Lot Area: 871 sqft

Price and Tax history

DateEventPrice
Jun 11, 2021
Source: N/A
Sold
$575,000
Jan 4, 2020
Source: Agent Provided
ListingRemoved
$539,000
Jul 15, 2019
Source: Agent Provided
PriceChange
$539,000
Price decreased by 4%
Apr 22, 2019
Source: Agent Provided
PriceChange
$559,000
Price decreased by 7%
Jan 10, 2019
Source: Agent Provided
Listed For Sale
$599,000

Market trends in Pensacola

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

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.
  • Marinda Arachikavitz
    "The people are friendly and have a deep sense of community."
    1
    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
    "Very quiet and nice place to live . Not to many nearby restaurants and stores . No public transport "
    0
    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

LGBTQ Local Legal Protections

Frequently asked questions about 7196 Sharp Reef Dr #1

  • What is 7196 Sharp Reef Dr #1 estimated to be worth?
    Trulia's estimated value for 7196 Sharp Reef Dr #1 in Perdido Key, FL is $676,500.
  • What is the price history for 7196 Sharp Reef Dr #1?
    7196 Sharp Reef Dr #1 in Perdido Key, FL last sold for $575,000 in June 2021.
  • 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 7196 Sharp Reef Dr #1 have air conditioning?
    Yes, 7196 Sharp Reef Dr #1 in Perdido Key, FL has air conditioning.
  • Does 7196 Sharp Reef Dr #1 have laundry facilities?
    Yes, 7196 Sharp Reef Dr #1 in Perdido Key, FL has in-unit laundry.

Explore by feature - Pet Friendly

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Explore by feature - Outdoor Space

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Off Market Homes Near 7196 Sharp Reef Dr #1

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