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Residential

16590 Perdido Key Dr, Pensacola

$439,000

Bedroom 2 bedrooms
Bathroom 2 baths

  • MLS #: 677934
  • Address: 16590 Perdido Key Dr, Pensacola, FL 32507
  • SQFT: 1044
  • Acres: 2.24
  • Stipulations: As Is
  • Subdivision: None

Location Location

Agent Comments Agent Comments

Listing Courtesy of Amanda Farmer EXIT Realty Landmark 251-600-9916

BACK ON THE MARKET and freshly transformed! This stunning, fully furnished waterfront condo offers the ultimate coastal lifestyle and is completely move-in ready. Whether you are seeking a lucrative income-producing investment, a second home, or a full-time residence, this beautifully updated 2-bedroom, 2-bathroom unit offers incredible flexibility—including a spacious LOFT currently configured with two additional beds for maximum sleeping capacity. The interior shines with brand-NEW FURNITURE, fresh paint, a new refrigerator, and a NEW HVAC system (2025) for total peace of mind. The kitchen features granite countertops and stainless steel appliances, while the primary suite serves as a private retreat with direct access to a balcony overlooking the water. Exciting updates are already in motion, as the BALCONY is scheduled for an upcoming MAKEOVER with new railings and flooring! Molokai Villas provides a true resort experience with amenities that include a sparkling pool, private beach area, fishing pier, and first-come, first-served BOAT SLIPS. Enjoy the convenience of deeded BEACH ACCESS directly across the street, putting the sugar-white sands just steps away. Located in the heart of paradise, you are minutes from Gulf State Park, local marinas, and premier dining. HOA dues are $1,819.12 per month and conveniently include all fees and insurance. Short-term rentals are permitted, making this a turnkey opportunity you don’t want to miss. Buyer and/or buyer’s agent to verify all important details and measurements.


Location Information Location Information
  • County: Escambia - Fl
  • Longitude: -87.501018
  • Latitude: 30.286284
  • Building Name: Molokai VIllas Condo
  • Directions: From Orange Beach, travel East from the AL/FL line one mile to Molokai Villas on the left. Condo is the last one, direct bayfront. FromTheo Bears Bridge, travel West approximately 5 miles to Molokai Villas on the right

Interior Features Interior Features
  • Interior: Ceiling Fan(s), Crown Molding, High Ceilings, High Speed Internet, Bonus Room
  • Full Baths: 2
  • Half Baths: 0
  • Dining Room Description: Breakfast Bar
  • Kitchen Description: Updated, Granite Counters
  • Window Features: Blinds
  • Cool System: Central Air, Ceiling Fan(s)
  • Heat System: Central
  • Floors: Tile, Carpet
  • Appliances: Tankless Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Disposal, Microwave, Refrigerator, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator

Exterior Features Exterior Features
  • Roof: Composition
  • Exterior: Balcony, Dock, Boat Slip
  • Parking Description: 1 Space/Unit
  • Pool: None
  • Pool Description: None
  • Water Source: Public
  • Stories: 2
  • Acres: 2.24
  • Sqft: 1044
  • Water Features Description: River Front, Waterfront, Beach Access, Deed Access, Pier
  • Has Waterfront: true
  • Zoning: Res Single
  • Condition: Resale
  • Building Total Area: 1044
  • Road Improvements: Public Maintained Road
  • Has View: true
  • View Description: River
  • Style: Traditional
  • Construction: Frame
  • Foundation: Slab
  • Electric: Circuit Breakers
  • Has Garage: false

Schools Schools
  • Elementary School: Hellen Caro
  • Middle School: BAILEY
  • High School: Escambia

Additional Features Additional Features
  • Property Sub Type : Condo
  • Home Owners Association: true
  • HOA Fee: 21000
  • HOA Frequency: Annually
  • HOA Includes: Association, Deed Restrictions, Maintenance Grounds, Insurance, Maintenance, Management, Pest Control, Trash, Water/Sewer
  • Community Features: Beach, Pool, Dock, Fishing, Pavilion/Gazebo, Picnic Area, Pier, Sidewalks, Waterfront Deed Access
  • Year Built: 1983