For sale

$760,000

Est. $5,343/mo —

•

1,260

sq ft

7196 Sharp Reef Rd #2, Pensacola, FL 32507

About this home

Salt air, sparkling water and a slower coastal rhythm welcome you to 7196 Sharp Reef Road, Unit 2. Located in Perdido Key Coves beside Perdido Key State Park, this waterfront townhome brings together peaceful water views, beautiful nearby beaches and a setting made for enjoying life outdoors. The home features approximately 1,260 square feet of living area across two floors, plus a spacious 630-square-foot garage. Wood flooring, a fireplace and inviting living spaces give the interior a relaxed coastal character. Sliding glass doors connect the living area to a waterfront balcony, while an upstairs bedroom opens to another balcony overlooking the water. Morning coffee, breezy afternoons and evenings watching the changing sky become part of the everyday routine. Two boat slips and two existing boat lifts add to the property’s waterfront appeal. The lifts require repair. The cove connects to Old River, creating opportunities for boating, fishing and exploring the area’s waterways, with access onward to the Intracoastal Waterway and the Gulf. Beyond the waterfront, Perdido Key State Park beckons with sandy beaches, sea-oat-covered dunes, beach boardwalks and surf fishing. Explore Johnson Beach at Gulf Islands National Seashore, enjoy hiking, paddling and birdwatching at Big Lagoon State Park, or head to the iconic Flora-Bama for live music and beachfront atmosphere. Whether you envision a full-time coastal home or a personal beach retreat, this townhome brings together waterfront living, inviting outdoor spaces and easy access to the natural beauty that makes Perdido Key special.

TownhomeProperty Type

1983Year Built

871 sq ftLot Size

$603Price/Sq.Ft.

$8/moHOA Dues

1 car garageParking

Listed by Steven Koleno • Beycome of Florida, LLC

Listing updated: Oct 20, 2026 at 04:32pm

Redfin checked: 3 minutes ago

•Source:PARMLS #690284

Payment calculator

$5,343 per month

Principal and interest$4,199

Property taxes

$673

HOA dues

Home insurance

$462

Utilities

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Open houses

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Around this home

Schools

K - 12
Preschool & daycare

Hellen Caro Elementary School

Public PreK-5 • Assigned • 5.3mi

7/10

Jim C. Bailey Middle School

Public 6-8 • Assigned • 5.5mi

5/10

Escambia High School

Public 9-12 • Assigned • 13.9mi

3/10

Provided by GreatSchools

About Perdido Key

Coves

Perdido Key Coves, located between Perdido Bay and the Gulf of Mexico, is a waterfront and beach-oriented Pensacola Station neighborhood with canal-front homes and boat-ready docks. The neighborhood’s character concentrates around the Perdido Key Drive and River Road corridor, where marinas, bait-and-tackle counters, and low-key waterfront patios set the pace. The Flora-Bama Lounge & Package anchors local lore with live music and a sand-between-your-toes bar scene. The Gulf Islands National Seashore (Johnson Beach) frames daily life with dunes, boardwalks, and long shoreline views. Architecture leans coastal—raised beach houses, deep porches, and palms—built for salt air and breezes. Water access shapes the rhythm, from paddle launches to sunset cruises across the bay.

Provided by Walk Score and Local Logic

Offer insights

7196 Sharp Reef Rd #2 · $760,000

Strong offer

$760K and above

75% chance or better to win

Why $760K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 99 days.

SALE-TO-LIST

Most homes are selling 3% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Bedroom

Living

Interior features
Storage
High-speed internet
Breakfast room or nook
Unfinished basement
Fireplace

Bedrooms
Bedroom on the third floor

Bathrooms
1 full bathroom
1 half bathroom
Bathroom not updated

Kitchen
Remodeled kitchen

Laundry & utility
Washer and dryer hookups
Electric water heater

Flooring
Bamboo flooring

Heating & cooling
Central heating
Central air conditioning
Ceiling fans

Sale and tax history for 7196 Sharp Reef Rd #2

Sale History
Tax History

Date

Event

Price

PARMLS #690284

Oct 19, 2026

Listed

$760,000

$603/sq ft

PARMLS #241786

May 9, 2003

Sold

$185,000

$147/sq ft

Feb 5, 2003

Listed

$215,000

$171/sq ft

PELICAN COVE TOWNHOMES OFFER UNIQUE KEY LIVING! ONLY FIVE TOWNHOMES RARELY OFFERED AS THE OWNERS JUST LOVE IT! WALK OVER THE BOARDWALK TO THE BEACH. FISH, WINDSURF, SAIL FROM THE 153FT OF BULKHEADED BOARDWALK. TIE UP YOUR BOAT AT THIS RARE SHELTERED ANCHORAGE! ROOM FOR CHILDREN TO PLAY CATCH IN THE HUGE BACKYARD! TWO BALCONIES & DECK TO VIEW SUNRISES & SUNSETS OVER THE GULF & ADJACENT STATE PARK! BEST YET, THIS PROJECT WAS CONSTRUCTED WITH 2X6 FRAMING,THERMOPLY, 3/4" TREATED PLYWOOD, AND LAPED 1X6" TREATED SIDING. JUST COMPLETELY PAINTED 12/01. THIS HURRICANE VETERAN HAS NEVER BEEN FLOODED OR DAMAGED BEYOND PREFABE CHIMNEY LOSS. NO NEED TO WORRY ABOUT BEACH EROSION HEAR! JUST NOTHING TO COMPARE WITH THIS TOWNHOME in the Low Two's!

PARMLS #233002

Jan 30, 2003

Listing Removed

—

Jul 30, 2002

Listed

$195,000

$155/sq ft

PARMLS #229279

Jul 22, 2002

Listing Removed

—

May 20, 2002

Listed

$189,900

$151/sq ft

Public Records

Feb 1, 1984

Sold

$57,000

$45/sq ft

Public record

Public record
Zoning

Beds

—

Baths

Stories

Lot width

—

Lot depth

—

Lot size

867 Sq. Ft.

Year renovated

2005

Finished Sq. Ft.

1,260

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,260

Year built

1983

Style

Townhouse

County

Escambia County

APN

323S321301020012

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 19, 2026.

MDR-PK

Medium Density Residential, Perdido Key District

The medium density residential (MDR-PK) district establishes appropriate areas and land use regulations for residential uses at medium densities and non-residential uses that are compatible with the residential neighborhoods and natural resources of the island.

Permitted uses

Include but are not limited to:

Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Infrastructure
Public service
Marina

Climate risks

7/10 Flood Factor

Estimated 72-80% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

10/10 Heat Factor

7 days above 104° expected this year, 22 days in 30 years

10/10 Wind Factor

99% chance of strong winds in next 30 years

2/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Pensacola, FL • 32507

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

97/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 11% for direct sun exposure in Pensacola. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.2 hrs

7.3 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 7196 Sharp Reef Rd #2

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Details provided by PARMLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Offer insights

Property details

Sale and tax history for 7196 Sharp Reef Rd #2

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 7196 Sharp Reef Rd #2

Early Access listings

Nearby similar homes

New listings for sale in 32507

More real estate resources