For sale - Active

16604 Perdido Key Dr # 1

Beds
4
Bathrooms
5
sqft
2,875
sq.ft
$414

About this place

Boat slip on Ole River included! Welcome to Mallory Square North, where Key West charm meets luxury coastal living in Perdido Key. This stunning freestanding home is located in a gated community just across the street from the sugar-white sands of the Gulf, offering the perfect mix of beach days and boating adventures. A rare highlight of this unit is the designated boat slip on Ole River, plus an oversized private storage/garage space large enough to store a boat—ideal for boaters and anyone needing extra room for beach gear, paddleboards, and fishing equipment. Inside, enjoy a spacious 4-bedroom, 4.5-bath layout with every bedroom featuring an ensuite bathroom for ultimate privacy. The open-concept living area is made for entertaining with a gas fireplace, wet bar, and wine fridge. The kitchen shines with custom cabinetry, a large pantry, and stylish concrete countertops. Upscale finishes include 10’ ceilings and 8’ doors on the main level, tongue-and-groove ceilings, crown molding, hardwood floors, and tiled showers throughout. A bonus bunk room offers extra sleeping space, while the primary suite features a gas fireplace, walk-in closet, and spa-like bath with a soaking tub and separate shower. Enjoy resort-style amenities including a community pool with sun shelf and beautiful Ole River views. Outdoor living is easy with an outdoor kitchen (built-in grill + sink) and an outdoor shower for rinsing off after the beach. Parking is a breeze with under-unit parking plus the detached storage/garage. Located just 1 mile from Flora-Bama, with quick access to dining, entertainment, and the best of Perdido Key waterfront living. Buyer to verify all information.

Courtesy of Levin Rinke Realty

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Property Highlights

Property type Condo
Bedrooms 4
Bathrooms 5
Status Active
City Pensacola
Zip 32507
Square feet 2,875 sqft
County Escambia - Fl
Updated Aug 10, 2026
MLS ID 677445

Exterior Features

Roof See listing details
Construction Features Condo
Parking 4 spaces
Waterfront Nearby / listed

Interior Features

Bedrooms 4
Bathrooms 5
Square Feet 2,875 sq.ft
Property Type Condo

Financial Details

List Price $1,190,000
Estimated Payment $7,616/mo
Price per Sq.Ft $414
Status Active

Location

County Escambia - Fl
City Pensacola
ZIP Code 32507

Schools

Elementary School Hellen Caro
Middle School BAILEY
High School Escambia

16604 Perdido Key Dr # 1 is located in Pensacola, FL 32507

Payment calculator

$7,616 per month 30 year fixed, 7.25% interest

Down payment estimate: $238,000. Taxes, insurance, HOA fees, and lender costs are not included.