




612 S 1st St APT 24, Perdido Key, FL, 32507
About This Home
Spacious 4 bedroom WATERFRONT TOWNHOME with LARGE DEEDED BOATSLIP with DEEP WATER ACCESS at the front gate of NAS in Gated Community of Spinnaker Cove just 10 minutes to downtown Pensacola and Perdido Key. 4 bedrooms with 2.5 bathrooms, this home boasts 2,700 sq feet of living space with a tandem garage that you can pull through with garage doors on both sides. Waterfront living with this square footage with a deeded boatslip at this price per square foot is a rarity. This property has a LOW RATE ASSUMABLE VA LOAN to qualified buyers and also has $25 power bills. YES, that is correct - this home has NEW PAID FOR SOLAR PANELS THAT COST OVER $67,000. Installation of 31 400w Solar Panels, Net Metering Main Service Panel, and Enphase Microinverter in 2023. ALL NEW HEATING AND COOLING SYSTEMS COSTING OVER $23,000 - TWO 2023 2 ton 19 seer Gree HVAC Units for 2nd and 3rd floor of home - 2 Zone High Efficiency Mini-Split System to add AC to the entire bottom floor. This home has upgrades galore! This townhome was renovated in 2021 with brand new kitchen and appliances (new Samsung refrigerator 2024). Washer and Dryer (2021 Samsung) are included. The main living space is perfect for entertaining guests with an open concept of the kitchen, living, and dining area, and balcony with views of Bayou grande and your boat slip with power and water (you can install a lift if you so choose). The wood burning fireplace makes for cozy evenings. Luxury vinyl plank flooring in the living and wet areas and carpet in the bedrooms on the 3rd floor. New 4th bedroom and office area on the bottom floor that is heated and cooled recently added in 2024. All bedrooms on the third floor have their own private balconies. LOW HOA fees make this property a no brainer for those looking for the waterfront lifestyle at a low cost. This prime location offers easy BOATING & FISHING access to the Gulf of Mexico being only a 15 minute ride to the Pensacola Pass. Buyer to verify all information.
Getting Around
Schools
Construction
Condition
- Property condition: Resale
- Year built: 1983
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Frame
Type & Style
- Home type: Townhouse
- Architectural style: Contemporary, Traditional
- Property subType: Townhouse
Interior
Appliances
- Appliances included: Electric Water Heater,Dryer,Washer,Built In Microwave,Dishwasher,Refrigerator,Self Cleaning Oven,ENERGY STAR Qualified Washer
- Laundry features: Inside
Bedroom
- Level: Third
- Area: 156
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Dining Room
- Level: Second
- Area: 96
Features
- Baseboards,Ceiling Fan(s),Crown Molding,High Speed Internet,Smart Thermostat
- Window features: Solar Screens,Drapes,Drapery Rods,Tubular Skylight
- Flooring: Carpet
- Fireplace: Yes
Heating & Cooling
- Heating features: Multi Units,Central,Fireplace(s)
- Cooling features: Multi Units,Central Air,Ceiling Fan(s),ENERGY STAR Qualified Equipment,ENERGY STAR Qualified Room AC
Interior Area
- Total structure area: 2,700
- Total interior livable area: 2,700 sqft
Kitchen
- Level: Second
- Area: 192
Master Bedroom
- Level: Third
- Area: 368.75
Property
Details
- Parcel number: 512s306046000024
- Attached to another structure: Yes
- Zoning description: County,Deed Restrictions,Res Multi
Features
- Levels: Three Or More
- Stories: 3
- Pool features: None
- Patio & porch: Deck,Patio
- Exterior features: Balcony,Dock,Boat Slip,Boat Slip Utilities
- Has view: Yes
- View description: Bayou,Water
- Has water view: Yes
- Water view: Bayou, Water
- On waterfront: Yes
- Waterfront features: Bayou,Creek/Stream,Waterfront,Beach Access,Deed Access,Natural,Pier,Rip Rap,Beach,Waterfront Deed Access
- Frontage length: Water Frontage(232)
Lot
- Lot size: 1,742 sqft
- Features: Interior Lot
Parking
- Total spaces: 2
- Parking features: 2 Car Garage,2 Space/Unit,Boat,Front Entrance,Golf Cart Garage,Guest,Parking Lot,Rear Entrance,RV/Boat Parking,Garage Door Opener,Converted Garage
- 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
- Hurricane
- Lightning
- Coastal Flooding
- Heat Wave
- 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 | $2,326 | $27,912 |
| Home Insurance * | $1,085 | $13,020 |
| Property Taxes | $449 | $5,388 |
| Electricity | $271 | $3,260 |
| Total | $4,131 | $49,572 |
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 |
|---|---|---|
| 2026-04-29 | Listed for sale | $480,000 |
| 2025-10-26 | Listing removed | $2,950 |
| 2025-08-25 | Listed for rent | $2,950 |
| 2024-09-13 | Listing removed | $2,800 |
| 2024-08-03 | Listed for rent | $2,800 |
| 2024-08-01 | Listing removed | -- |
| 2024-06-23 | Listed for sale | $515,000 |
| 2024-06-16 | Listing removed | -- |
| 2024-05-28 | Listed for sale | $600,000 |
| 2024-04-04 | Listing removed | -- |
| 2024-03-05 | Listed for rent | $4,000 |
| 2022-10-11 | Listing removed | -- |
| 2022-09-10 | Price change | $1,200 |
| 2022-08-09 | Listed for rent | $2,400 |
| 2021-07-16 | Sold | $336,000 |
| 2021-05-11 | Price change | $354,500 |
| 2021-03-02 | Price change | $359,500 |
| 2021-01-27 | Price change | $367,500 |
| 2021-01-12 | Price change | $369,900 |
| 2020-12-23 | Price change | $374,900 |
| 2020-12-03 | Price change | $379,900 |
| 2020-11-20 | Listed for sale | $389,900 |
| 2019-12-31 | Sold | $164,100 |
| 2006-08-08 | Sold | $232,000 |
