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Active - Condominium for sale

16787 Perdido Key Dr # 504, Perdido Key FL 32507, Pensacola, FL

2 bds|2 bth|1,116 sqft

Facts & features

Condominium Property type
617 days on Beycome
1984 Year built
$506 Price/Sqft.
$11,127/yr HOA
437,438 sqft Lot size

Why you’ll love it

COME HOME TO BREATHTAKING, PANORAMIC VIEWS OVERLOOKING OLE RIVER AND ONO ISLAND FROM THIS 5TH FLOOR 2BR/2BA RIVERSIDE CONDO AT SHIPWATCH! ENJOY EASY BEACH ACCESS DIRECTLY ACROSS THE STREET ALONG WITH FULL BOATING FACILITIES….This FURNISHED residence features low-maintenance porcelain tile flooring throughout and warm, inviting barnwood accents. Relax and enjoy the boats go by from your extra-large balcony with over 230 sf. of outdoor living space. The spacious living room features a corner fireplace and those who love to cook will appreciate the open concept kitchen with spacious island, natural wood cabinetry, stainless appliances, granite countertops, and eat-in-bar. The primary bedroom, with en-suite bath, has a large walk-in closet and easy access to the riverside balcony. New HVAC System installed 2023/2024 and freshly painted in 2024! 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 - great for family gatherings), tennis courts, 2 brand new pickleball courts, fitness room, sauna, and indoor hot tub. RELAX AND WELCOME HOME TO LAID-BACK ISLAND LIFE!

Translating description...

Listings courtesy of Levin Rinke Realty.

Listed by: Katherine Justice • 850-492-4507 • Levin Rinke Realty

Co-listed by: Levin Rinke Realty

Source: Pensacola MLS, MLS#: 660326 Pensacola MLS logo

Based on info available as of Nov 14, 2026 at 1:48 AM EST.

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Affordability

$365,000$765,000
1%20%
0%90%
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Estimated monthly payment

$3,784/mo

  • Mortgage$2,857
  • Property tax$0
  • HOA fee
  • Homeowners insurance
Due at closing$449,175
Down payment held in escrow$113,000
Closing costs$8,475
beycome credit Est.$11,300

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Shipwatch Surf & Yacht Club

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 14, 2026 at 01:48am EST.

$565,000 Listed price

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$11,300 Credit back

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