tomo logo

$350,000

Beds
2
Baths
2.0
sq ft
900

16590 Perdido Key Dr Unit 4-B, Pensacola, FL 32507

16590 Perdido Key Dr Unit 4-B

Perdido Key, FL 32507

  • 143 days on market
PRICED TO SELL! GET IN THERE LIKE SWIM WEAR! LOWEST PRICED 2 BEDROOM CONDO WITH OLE RIVER FRONT AND GULF FRONT ACCESS. Experience island living in Perdido Key at Molokai Villas! This charming 2-bedroom villa offers both Gulf Front Beach Access and Ole River / Intracoastal Access with Boat Slips / Docking for a unique waterfront lifestyle. Situated on Ole River, this quaint retreat comes turn key and fully furnished - ready to be your new second home, vacation rental, STR, or even full time residence! Property is self managed and did over $27K in 2023. This “Villa” style condo concept is unique to the property as well as having deeded access to both waterfront sides. The riverside docks have been newly rebuilt in the past few years for all of your boating and fishing enjoyment. Step inside to discover a tastefully remodeled interior, featuring beautiful wood kitchen cabinetry, luxurious tile flooring throughout the common areas, and carpeting in the bedrooms. The spacious bedrooms are bathed in natural light, while the bathrooms are elegantly appointed with a gorgeous tiled shower with mosaic detail. From the Master Suite, Step outside of the french doors to the oversized balcony that beckons you to unwind and enjoy stunning sunrises and sunsets over Ole River. Molokai Villas offers an array of amenities, including an outdoor pool, private beach access, boat docks, and assigned parking. Additionally, residents can easily access nearby dining options, such as The Flora-Bama Yacht Club, Ole River Grill, and Flora-Bama, via the new Perdido Key multi-use path. Minutes from Johnson's Beach, Orange Beach, Gulf Shores, Naval Air Station (NAS), Downtown Pensacola & Palafox Market. Don't forget to stop by Perdido Key Breakfast Club or The Jellyfish (you could even bring as a picnic to the beach), & local artists and boutiques in Villagio! See our video tours and 3D tours in the links. Don't miss out on the opportunity to own a slice of waterfront paradise in Perdido Key!

Details

Property type

Condominium

Est. home value

$383,936

Lot size

2.237 acres

Price per sq ft

$389

Year built

1983

Monthly HOA fee

$670.36

Price History

08/02/2024
Pensacola

Pensacola #650067

Listed
$350,000
-7.89%
07/18/2024
Pensacola

Pensacola #640431

Removed
$380,000
07/04/2024
Pensacola

Pensacola #640431

Price change
$380,000
-5%

Schools & Community

Elementary school: 

Hellen Caro

Middle school: 

Bailey

High school: 

Escambia

Community features: 

Pool, Fishing

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Hallmark Mtg Svc Inc

Loan start date

March 1997

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

7.74%

Loan type

Not Provided

Seller

James A Spence

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
Pensacola
$390,000
2 bd
|
2 ba
|
900 sq ft
|
Condo

16590 Perdido Key Dr Unit 5-A, Pensacola, FL 32507

Pensacola
$320,000
2 bd
|
2 ba
|
1,157 sq ft
|
Condo

14100 River Rd Unit 114, Pensacola, FL 32507

Price drop
Pensacola
$342,500
2 bd
|
2 ba
|
948 sq ft
|
Townhouse

28835 Perdido Beach Blvd Unit 309, Orange Beach, AL 36561

Status: Active

Tomo last checked: 12/23/2024 at 11:00 AM

Listing updated: 09/07/2024 at 12:54 AM

Listed by: Sadie O'gara, Levin Rinke Realty Phone #: (850) 916-5050

MLS: Pensacola #650067

Pensacola logo