16590 Perdido Key Dr, #7A
Perdido Key, FL 32507
$462,000
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 ...
+ Read More| Listing ID: | 685098 |
|---|---|
| List Price: | $462,000 |
| Close Date: | 2026-10-02 |
| Property Type: | Residential |
| Property Sub Type: | Condo |
| Status: | Active |
| Bedrooms Total: | 2 |
| Bathrooms Full: | 2 |
| Living Area: | 1,044 |
| Association Fee: | $21,829 |
| Lot Size Square Feet: | 97,443.72 |
| Lot Size Acres: | 2.237 |
| Architectural Style: | Cottage |
| Waterfront?: | Yes |
| City: | Perdido Key |
| County Or Parish: | Escambia - Fl |
| Subdivision Name: | Molokai Villas |
| Postal Code: | 32507 |
| Year Built: | 1983 |
| Appliances: | Electric Water Heater, Dryer, Washer, Dishwasher, Microwave, Refrigerator |
| Association?: | Yes |
| Cooling: | Central Air, Ceiling Fan(s) |
| Exterior Features: | Balcony, Dock |
| Heating: | Central |
| Interior Features: | Baseboards, Ceiling Fan(s), Recessed Lighting, Bonus Room |
| Parking Features: | Guest |
| Pets Allowed: | Yes |
| Pool Features: | None |
| Sewer: | Public Sewer |
| State Or Province: | FL |
| Water Source: | Public |
| Association Fee Frequency: | Annually |
| Association Fee Includes: | Association, Maintenance Grounds, Management, Recreation Facility, Trash, Water/Sewer |
| Bathrooms Total Integer: | 2 |
| Building Area Total: | 1,044 |
| Community Features: | Beach, Pool, Pavilion/Gazebo |
| Heating?: | Yes |
| Levels: | Two |
| Living Area Units: | Square Feet |
| Lot Size Area: | 2.237 |
| Parcel Number: | 064S322950107002 |
| Property Condition: | Resale |
| Road Responsibility: | Private Maintained Road |
| Roof: | Composition |
| Security Features: | Smoke Detector(s) |
| View: | River |
| View?: | Yes |
| Waterfront Features: | River Front, Waterfront, Beach Access, Deed Access, Natural |
| Window Features: | Some Blinds, Some Drapes |
| Building Name: | Molokai VIllas Condo |
| Construction Materials: | Frame |
| Cooling?: | Yes |
| Directions: | LOCATED TOWARD THE WEST END OF PERDIDO KEY APPROX. 1 BLOCK WEST OF THE CRAB TRAP RESTAURANT ON OLE RIVER |
| Elementary School: | Hellen Caro |
| High School: | Escambia |
| Laundry Features: | Inside, W/D Hookups |
| Leasable Area Units: | Square Feet |
| Middle Or Junior School: | BAILEY |
| Original List Price: | $462,000 |
| Foundation Details: | Slab |
| Possession: | Close Of Escrow |
| Road Surface Type: | Paved |
| Stories: | 2 |
| Basement: | false |
| Building Area Units: | Square Feet |
| Electric: | Circuit Breakers |
| List Price Low: | $462,000 |
| Lot Size Units: | Acres |
| Kitchen Update Timeline: | 1 TO 5 YRS |
| Homestead: | No |
| Rent Restrictions: | Yes |
| Sale Subject To Lease: | No |
| Kitchen Update Remarks: | New Countertops and Appliances |
| Price Per Sqft: | 442.53 |
| Sale/Rent: | For Sale |
| Room Bathroom Features: | Not Updated |
| Room Dining Room Features: | Breakfast Bar, Living/Dining Combo |
| Room Kitchen Area: | 112 |
| Room Kitchen Features: | Updated |
| Room Kitchen Length: | 8 |
| Room Kitchen Level: | First |
| Room Kitchen Width: | 14 |
| Room Master Bedroom Area: | 156 |
| Room Master Bedroom Length: | 12 |
| Room Master Bedroom Level: | First |
| Room Master Bedroom Width: | 13 |
| Zoning Description: | Res Multi, Res Single |
Listing Courtesy of: Bastion Realty LLC
Listing Agent: Jason Smallwood
850-619-3754
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Pensacola Association of REALTORS® data last updated on October 08, 2026 07:18 PM - ET.
Property Last Updated: October 08, 2026 07:18 PM - ET
