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224 Key Largo Pl, Perdido Key, FL, 32507

5beds
3baths
2,456sqft
$1,200,000
$489price/sqft
$10,449/moest. monthly cost
$417,960/yrincome needed

About This Home

Welcome to one of the most desirable locations on the island—where beach days, boat days, and coastal living come together. This low-density, gated community is perfectly positioned on Ole River and within walking distance to the white-sand beaches, the legendary Flora-Bama Lounge, and just a quick boat ride to the Gulf of Mexico. With no rental restrictions, this property offers excellent potential for a vacation rental or second home. Enjoy the convenience of your private boat slip with lift, located only yards from the home. This residence features standout curb appeal with its coastal colors and inviting porch. Inside, you'll find soaring ceilings, abundant natural light from numerous windows, wood and tile flooring throughout, crown molding, and beautifully appointed spaces. The floor plan offers generous room for family and guests with four bedrooms plus a loft currently used as a fifth bedroom. The recently renovated kitchen is a showpiece with new stainless appliances, quartz countertops, subway tile backsplash, and a custom built-in dining bench. When it’s time to unwind and enjoy stunning Gulf Coast sunsets, take the private elevator down to the screened-in porch or the covered back deck—perfect for relaxing, grilling, or entertaining. Ample storage is available underneath the home for vehicles, fishing gear, paddleboards, kayaks, and all your water toys.

Getting Around

26
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

7/10
5/10
3/10
Escambia High SchoolGrades 9-1216.3 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2003

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Metal
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Craftsman
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater,Dryer,Washer,Built In Microwave,Dishwasher,Disposal,Freezer,Refrigerator,ENERGY STAR Qualified Dishwasher,ENERGY STAR Qualified Dryer,ENERGY STAR Qualified Refrigerator,ENERGY STAR Qualified Appliances,ENERGY STAR Qualified Washer
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Storage,Baseboards,Ceiling Fan(s),Crown Molding,Elevator,High Ceilings,High Speed Internet
  • Window features: Double Pane Windows,Blinds,Drapes,Drapery Rods,Impact Resistant Windows
  • Flooring: Hardwood,Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Ceiling Fan(s),ENERGY STAR Qualified Equipment

Interior Area

  • Total structure area: 2,456
  • Total interior livable area: 2,456 sqft

Kitchen

  • Level: First
  • Area: 120

Living Room

  • Level: First
  • Area: 120

Master Bedroom

  • Level: First
  • Area: 253

Property

Details

  • Parcel number: 014s331010000014
  • Zoning description: Res Single

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Covered,Patio,Porch,Screened,Covered Deck
  • Exterior features: Balcony,Barbecue,Dock,Boat Slip,Boat Slip Utilities
  • Fencing: Electric
  • Has view: Yes
  • View description: Gulf,River,Water
  • Has water view: Yes
  • Water view: Gulf, River, Water
  • On waterfront: Yes
  • Waterfront features: River Front,Beach Access,Boat Lift,Pier,Beach

Lot

  • Lot size: 3,920 sqft
  • Features: Cul-De-Sac

Parking

  • Total spaces: 2
  • Parking features: 2 Car Garage,Boat,Oversized,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Inland Flooding
Lightning
Tsunami

FEMA Declared Disasters in Escambia County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

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

MonthlyAnnual
Mortgage $6,067$72,804
Home Insurance *$2,832$33,984
Property Taxes $1,303$15,636
Electricity $247$2,965
Total$10,449$125,388
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$358,251/yr
40% on housing$313,470/yr
45% on housing$278,640/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

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.

Insurance Growth Rate5-year average: 14.1%
14.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$489This listing

vs Other Active Listings

Avg $/sqft

ZIP 32507$270
Escambia County$204

vs Homes Sold Last Month

Median $/sqft

ZIP 32507$193
Escambia County$168

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

DateEventPrice
2025-11-21Listed for sale$1,200,000
2024-06-04Listing removed--
2023-05-17Sold$1,150,000
2023-05-02Listed for sale$1,195,000
2023-05-02Pending sale$1,195,000
2023-04-17Listed for sale$1,195,000
2023-03-17Listing removed--
2023-03-03Pending sale$1,195,000
2022-11-01Listed for sale$1,195,000
2021-08-02Sold$815,000
2001-08-01Sold$47,000

For Sale by Agent

AgentDeanie Buck
BrokerageBellator Real Estate LLC

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