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16605 Perdido Key Dr Unit 7W, Perdido Key, FL, 32507

4beds
5baths
2,741sqft
$1,399,000
$510price/sqft
$12,022/moest. monthly cost
$480,880/yrincome needed

About This Home

EXPERIENCE UNPARALLELED COASTAL LUXURY FROM THIS NEWLY UPDATED, PRIVATE 7TH FLOOR RESIDENCE WITH AMAZING SUNSET VIEWS! OWNERS AND GUESTS ENJOY A UNIQUELY SECLUDED AND UNCROWDED BEACHFRONT EXPERIENCE, PERFECT FOR RELAXATION AND REJUVENATION! EACH RESIDENCE FEATURES PRIVATE ELEVATOR ENTRY WITH CONVENIENT SHOWER TO RINSE OFF FROM YOUR DAY ON THE BEACH, TWO ASSIGNED PARKING SPACES (ONE COVERED AND ONE UNCOVERED), SECURE BUILDING ENTRY, AND A MINIMUM ONE-YEAR RENTAL POLICY. This expansive 2,741 sq. ft. floor plan features 4 bedrooms, 4.5 bathrooms, and an open-concept living area encased in wrap-around, floor-to-ceiling glass. Whether you're relaxing on the oversized balcony or inside using the remote-controlled shades to perfectly frame the horizon, this home offers an unparalleled vantage point for stunning sunset views. A full wet bar just off the living area, with new ice maker, is ideal for large gatherings. The newly updated kitchen is a chef's delight, boasting freshly painted cabinetry, abundant countertop space, stainless steel appliances, a convenient drop-in cooktop, wall oven, and a large pantry for all your storage needs. Just off the kitchen, the sumptuous Gulf-front primary suite features floor-to-ceiling glass for breathtaking views. This refined retreat includes convenient remote-controlled shades and a spacious bathroom equipped with a large soaking tub, a separate shower, dual walk-in closets, and ample storage. For extra privacy, your guests will appreciate separate hallways leading to each guest bedroom, complete with en-suite bathrooms and their own private North facing balcony with amazing views of Old River and Ono Island. Sea Watch owners enjoy wonderful amenities including a Gulf-front outdoor pool (heated seasonally) with large, covered area to escape the mid-day sun, hot tub, fitness center, billiards room and one of the most uncrowded stretch of beachfront on the island! THIS IS THE LUXURY BEACH HOME YOU HAVE BEEN DREAMING OF!

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

7/10
5/10
3/10
Escambia High SchoolGrades 9-1215.6 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2005

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Built-Up
  • Construction materials: Concrete,Steel

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Electric Water Heater,Dishwasher,Disposal,Microwave,Refrigerator
  • Laundry features: Inside,W/D Hookups

Bedroom

  • Level: First
  • Area: 156

Bedroom1

  • Level: First
  • Area: 192

Bedroom2

  • Level: First
  • Area: 121

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Dining Room

  • Level: First
  • Area: 195

Features

  • Ceiling Fan(s),High Ceilings
  • Flooring: Tile,Carpet

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 2,741
  • Total interior livable area: 2,741 sqft

Living Room

  • Level: First
  • Area: 360

Master Bedroom

  • Level: First
  • Area: 204

Property

Details

  • Parcel number: 064s323150075001
  • Zoning description: County

Features

  • Levels: 8 or More Story
  • Private pool: Yes
  • Pool features: In Ground,Community
  • Exterior features: Balcony
  • Spa features: Community
  • Has view: Yes
  • View description: Gulf,Water
  • Has water view: Yes
  • Water view: Gulf, Water
  • On waterfront: Yes
  • Waterfront features: Gulf,Waterfront,Beach Access,Beach

Lot

  • Lot size: 1.06 Acres

Parking

  • Total spaces: 2
  • Parking features: 1 Space/Unit,Covered,Parking Lot

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 $7,074$84,888
Home Insurance *$3,302$39,624
Property Taxes $1,371$16,452
Electricity $275$3,310
Total$12,022$144,264
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$412,182/yr
40% on housing$360,660/yr
45% on housing$320,586/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

$510This 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)

No zestimate history available

Price History

DateEventPrice
2026-03-31Price change$1,450,000
2026-01-19Price change$1,485,000
2025-07-30Price change$1,495,000
2025-02-17Listed for sale$1,525,000
2020-01-14Sold$700,000
2019-12-17Price change$679,000
2019-10-29Listed for sale$729,000
2019-08-31Listing removed$729,000
2019-08-02Price change$729,000
2018-06-25Listed for sale$799,000
2009-06-02Listing removed$750,000
2008-10-25Listed for sale$750,000
2005-07-06Sold$765,000

For Sale by Agent

AgentKatherine Justice, Levin Rinke Realty
BrokerageLevin Rinke Realty

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