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Street View
$462,000
Monthly Est:$2,300
2 Beds
2 Baths2 full baths
1,044sqft
16590 Perdido Key Dr #7A, Pensacola, FL 32507
$462,000
$2,300/moEst:
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Condominium
Built in 1983
$1,819.08/mo HOA
2.24 acres lot
$443/sq.ft
Description
BACK ON THE MARKET! DON'T LET THIS ONE SLIP AWAY! ENJOY THE BEST OF PERDIDO KEY FROM THIS BEAUTIFULLY UPDATED WATERFRONT VILLA LOCATED DIRECTLY ON OLE RIVER WITH DIRECT ACCESS TO THE SUGAR-WHITE SANDS OF THE GULF OF AMERICA JUST ACROSS THE STREET. THIS RARE 2-BEDROOM PLUS LOFT FLOOR PLAN OFFERS THE PERFECT COMBINATION OF WATERFRONT LIVING AND GULF BEACH CONVENIENCE. THE VERSATILE LOFT CAN EASILY SERVE AS A THIRD BEDROOM, HOME OFFICE, OR ADDITIONAL LIVING SPACE, MAKING THIS PROPERTY IDEAL AS A PRIMARY RESIDENCE, VACATION GETAWAY, OR INVESTMENT OPPORTUNITY. Move-in ready and tastefully remodeled, this spacious villa features beautiful kitchen cabinetry, modern appliances, luxury vinyl plank flooring throughout, and an open, airy floor plan filled with natural light. The two spacious bedrooms are complemented by a versatile loft accessed by a spiral staircase, providing additional sleeping space for family and guests. The updated bathrooms and tasteful coastal finishes make this home ready to enjoy from day one. The highlight of the home is the brand-new oversized waterfront balcony, where you can relax with your morning coffee, watch boats cruise along Ole River, enjoy spectacular sunsets, and take in the peaceful waterfront setting right outside your door. Molokai Villas is one of Perdido Key's most unique waterfront communities, offering boat docks on the deep waters of Ole River with quick access to the Gulf of America, a sparkling waterfront pool, assigned parking, and direct access across the street to one of Perdido Key's most beautiful and uncrowded stretches of sugar-white sand. Conveniently located just a short walk along the new Perdido Key multi-use path to The Crab Trap, Ole River Grill, and the world-famous Flora-Bama. MOLOKAI VILLAS IS A TRUE HIDDEN GEM WHERE BOATING, BEACH DAYS, AND WATERFRONT LIVING COME TOGETHER. DON'T MISS THIS RARE OPPORTUNITY TO OWN A BEAUTIFULLY UPDATED VILLA IN ONE OF PERDIDO KEY'S MOST SOUGHT-AFTER WATERFRONT COMMUNITIES.
- Houzeo last checked: 9 minutes ago
- Listing updated: September 29, 2026 at 4:26 pm
- Listing Provided by: Jason Smallwood (850) 619-3754 , Laurie Melvin | Bastion Realty LLC (850) 420-1959
- Source: Pensacola AOR MLS-FL | MLS#: 685098
Part of
Property Details
Status
Active
Type
Condominium
No. of Stories
2
County
City
Neighborhood
Year Built
1983
HOA Fees
$1819.08/mo
Finished Area
1,044 sqft
Lot Size
2.24 acres lot
Basement Area
- sqft
MLS Name
Pensacola AOR MLS
MLS Number
685098
MLS Status
Active
Days on Market
105
Cumulative Days on Market
45
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Location
HOA Management
N/A
HOA Fees
$21,829.44/ Annually
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Trash Pickup
Maintenance
Water/Sewer
Association
Recreation Facility
Management
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Interior
Heating
Central
Sewer
Public Sewer
Cooling
Central Air, Ceiling Fan(s)
Appliances
Electric Water Heater, Dryer, Washer, Dishwasher, Microwave, Refrigerator
Exterior Features
Balcony, Dock
Interior Features
Baseboards, Ceiling Fan(s), Recessed Lighting, Bonus Room
Window Features
Some Blinds, Some Drapes
Construction
Year Built
Year Built: 1983
Home type
Condominium
Foundation Details
Slab
Construction Materials
Frame
Roof
Composition
Property Condition
Resale
Architectural Style
Cottage
Utilities & Energy
Electric
Circuit Breakers
Laundry Features
Inside, W/d Hookups
Water Source
Public
Parking Features
Guest
Pool Features
None
Security Features
Smoke Detector(s)
Other Features
Community Features
Beach, Pool, Pavilion/gazebo
Subdivision Name
Molokai Villas
Price History
| Date | Event | Price |
|---|---|---|
09/29/2026 Source: | Listed for Sale | $462,000 +94.53% $443/sqft |
04/08/2026 Source: | Sold | $237,500 -47.10% $227/sqft |
04/08/2026 Source: | Price Decreased | $449,000 -10.02% $430/sqft |
05/24/2023 Source: | Off Market | $499,000 +108.79% $478/sqft |
10/21/2014 Source: | Sold | $239,000 -7.72% $229/sqft |
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