13987 Hanging Branch Way, Perdido Key, FL, 32507
About This Home
Discover the ease of coastal ownership in this beautifully furnished 4-bedroom, 3.5-bath home located in the sought-after Arborgate community of Perdido Key. Offering over 2,800 square feet across three levels, this Mediterranean-style residence delivers the flexibility today’s buyers are looking for—ideal as a primary residence, second home, or short-term rental in a rental-friendly neighborhood. The main level features an open-concept living and dining area with abundant natural light and coastal-inspired finishes throughout. The well-appointed kitchen includes granite countertops, stainless steel appliances, and a breakfast bar, making it equally suited for everyday living or entertaining. A main-level bedroom and half bath provide added convenience for guests or multi-generational use. The entire second floor is dedicated to a spacious primary suite, complete with a spa-like bath featuring a soaking tub, tiled walk-in shower, and private covered balcony - perfect for enjoying the Gulf breeze. The third level offers two additional bedrooms, each with its own private bath, including one with access to another covered balcony. Positioned just steps from the community pool and a short walk to Public Beach Access #3, this home places you close to Johnson Beach National Seashore, the River Road bike path, Lost Key Golf Club, and several local dining favorites. Arborgate’s low-maintenance setting and convenient location make it a popular choice for both full-time residents and second-home owners. Whether you’re looking to establish your place on the Gulf Coast or invest in a property with strong vacation rental appeal, this home offers a compelling opportunity in one of Perdido Key’s most desirable communities. Schedule your private showing today.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 2019
Materials
- Foundation: Slab
- Roof: Clay Tiles/Slate,Gable
- Construction materials: Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Contemporary, Spanish
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Water Heater,Dryer,Washer,Built In Microwave,Dishwasher,Disposal,Microwave,Refrigerator,Self Cleaning Oven,Oven
- Laundry features: Inside
Bedroom
- Level: Third
- Area: 232.3333
Bedroom1
- Level: Third
- Area: 176
Bedroom2
- Level: First
- Area: 113.0556
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Features
- Baseboards,Ceiling Fan(s),Crown Molding,High Ceilings,High Speed Internet
- Window features: Blinds,Drapes,Drapery Rods
- Flooring: Tile,Carpet
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air,Ceiling Fan(s)
Interior Area
- Total structure area: 2,820
- Total interior livable area: 2,820 sqft
Kitchen
- Level: First
- Area: 207.5
Living Room
- Level: First
- Area: 238
Master Bedroom
- Level: Second
- Area: 323
Property
Details
- Parcel number: 143s322100000170
- Zoning description: Res Single
Features
- Levels: Three Or More
- Stories: 3
- Pool features: None,Community
- Exterior features: Balcony
Lot
- Lot size: 3,920 sqft
- Features: Interior Lot
Parking
- Total spaces: 1
- Parking features: Garage,Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Hurricane
- Inland Flooding
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Escambia County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,932 | $35,184 |
| Home Insurance * | $1,369 | $16,428 |
| Property Taxes | $620 | $7,440 |
| Electricity | $283 | $3,405 |
| Total | $5,204 | $62,448 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-02 | Listed for sale | $615,000 |
| 2026-01-01 | Listing removed | $600,000 |
| 2025-10-07 | Listed for sale | $600,000 |
| 2025-09-30 | Listing removed | $4,200 |
| 2025-09-27 | Contingent | $600,000 |
| 2025-09-03 | Listed for rent | $4,200 |
| 2025-07-30 | Price change | $600,000 |
| 2025-06-27 | Price change | $625,000 |
| 2025-05-20 | Listed for sale | $635,000 |
| 2025-05-17 | Listing removed | $639,000 |
| 2025-03-24 | Price change | $639,000 |
| 2024-11-20 | Listed for sale | $655,000 |
| 2023-08-16 | Sold | $650,000 |
| 2023-07-28 | Pending sale | $675,000 |
| 2023-07-08 | Contingent | $675,000 |
| 2023-06-17 | Listed for sale | $675,000 |
| 2020-07-02 | Sold | $435,000 |
| 2019-03-29 | Sold | $355,000 |
| 2018-12-22 | Listing removed | $394,900 |
| 2018-12-06 | Price change | $394,900 |
| 2018-11-28 | Price change | $399,900 |
| 2018-10-31 | Price change | $409,900 |
| 2018-08-01 | Price change | $415,000 |
| 2018-06-22 | Price change | $441,100 |
| 2017-11-02 | Price change | $440,100 |
| 2017-10-19 | Listed for sale | $437,100 |
| 2017-01-07 | Listing removed | $433,750 |
| 2016-12-14 | Listed for sale | $433,750 |
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