E-504/16787 Perdido Key Drive

Off Market

E-504/16787 Perdido Key Drive

Pensacola FL 32507

1116 sq. ft.

437438.23 sq. ft.

Condo

Last sold for $548,000

Katherine Justice, last sold this property on 03 March 2026 after 360 days on market.

Overview

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!

Features

2 bedrooms

2 bathrooms

1116 sq. ft. floor area

437438.23 sq. ft. lot size

Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Pensacola over the last 12 months, the estimated median property value of E-504/16787 Perdido Key Drive is $470k.

Median value

$470k

Estimated value range

$100k - $875k

Median days on market

Estimated value trend

12%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Pensacola. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for E-504/16787 Perdido Key Drive

2026

Sold

$548,000

03 Mar 2026 by Katherine Justice, of Levin Rinke Realty

Happy sellers in Pensacola

94%

94% of sellers in Pensacola reported that their sale price either exceeded or met their price expectations.

Pensacola stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 18 reviews in Pensacola over the last 12 months.

Local market activity for 2 bedroom condos in Pensacola

In the last 12 months, 59 two-bedroom condos similar to E-504/16787 Perdido Key Drive, have been sold.

This represents a 46% decrease in two-bedroom condos sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Pensacola for a market analysis.

Susan Carleton

at Pointe South

(57 reviews)

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Erica Porcelli

at KELLER WILLIAMS REALTY GULF COAST

(95 reviews)

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Alexis Bolin

at KELLER WILLIAMS REALTY GULF COAST

(98 reviews)

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Nikki Jackson

at REMAX Horizons Realty | Pensacola

(27 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Pensacola

Susan Carleton

Sellers who recommend Susan Carleton have praised them for being local expert, well-prepared, clear communication, responsive, proactive, and supportive

5 (57 reviews)
24 Reviews in Pensacola
37 Sales in Pensacola

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Erica Porcelli

Sellers who recommend Erica Porcelli have praised them for being clear communication, local expert, responsive, supportive, friendly, patient, and detail-oriented

5 (95 reviews)
3 Reviews in Pensacola
7 Sales in Pensacola

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Alexis Bolin

Sellers who recommend Alexis Bolin have praised them for being local expert, reliable, supportive, clear communication, responsive, great negotiation, and honest