OFF MARKET

Off Market Dec 2019 for $435K

$791,944

Est. refi paymentEst. refi $2,971/mo

•

1,570

sq ft

7196 Sharp Reef #3, Pensacola, FL 32507

About this home

Spectacularly located waterfront jewel with 2 boat slips, one boatlift and just steps to 2 miles of pristine Perdido Key State Park Beaches! Fully furnished and ready to enjoy, the main level includes a sizeable island/bar and highly functional kitchen, a family room with an electric fireplace a convenient half-bath and large balcony.Upstairs are 2 roomy bedrooms, one on the waterfront with a balcony of its own. A shared hall bath with linen storage. A spiral staircase leads to the ground-level "hang-out" space for "just off the boat" relaxing. Tile floors for easy clean up, a full bath provide comfort and convenience for long days of outdoor/indoor fun ! There is a one-car garage; perfect for storing toys, and a full sized washer and dryer. Investment, second home or primary residence opportunity! There are no rental restrictions here! Bring your boat and beach umbrella!

TownhomeProperty Type

1983Year Built

864 sq ftLot Size

$504Est. Price/Sq.Ft.

1 spaceParking

Listed by Alison Davenport • Better Homes And Gardens Real Estate Main Street Properties

Bought with Beth Stage • Key Impressions LLC

Redfin checked: 2 minutes ago

•Source:PARMLS #562803

Redfin Estimate

$791,944

$357K since sold in December 2019$32K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 64.2% higher than the average sale price ($482K) of 6 comparable homes.

SOLD JUL 20, 2026
$415,000
A
2 beds2.5 baths1,314 sq ft
15934 Innerarity Pt Rd, Pensacola, FL 32507
SOLD MAY 11, 2026
$345,000
B
2 beds2.5 baths1,328 sq ft
16300 Perdido Key Dr #20, Pensacola, FL 32507
SOLD AUG 7, 2026
$459,000
C
2 beds2.5 baths1,333 sq ft
16140 Innerarity Pt Rd, Pensacola, FL 32507
SOLD MAY 27, 2026
$645,000
D
2 beds3 baths1,440 sq ft
16769 Perdido Key Dr Unit A, Pensacola, FL 32507
SOLD JUN 4, 2026
$295,000
E
2 beds1.5 baths1,224 sq ft
15009 Innerarity Pt Rd, Pensacola, FL 32507
SOLD JUL 9, 2026
$735,000
F
2 beds2.5 baths1,568 sq ft
233 Key Largo Pl, Pensacola, FL 32507

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Earn from this home

Sell

$443,402

Est. take-home

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Refinance

Est. cash available

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Rent

$1,727/mo

Redfin rental estimate

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Market trends in 32507, FL

Last updated July 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

97.5%

+0.1% MoM

Median sale price

$408K

$16K MoM

Avg. days on market

79d

0 days MoM

Recently sold homes

248

7 MoM

New listings for sale

NEW 10 HRS AGO
$1,375,000
3 beds3.5 baths2,035 sq ft
13555 Sandy Key Dr #702, Pensacola, FL 32507
NEW 10 HRS AGO
$1,200,000
3 beds3 baths1,768 sq ft
13621 Perdido Key Dr Unit 702E, Pensacola, FL 32507
OPEN SEP 5, 10AM TO 12PM
$197,000
2 beds1.5 baths1,486 sq ft
4808 Huron Dr, Pensacola, FL 32507
NEW 14 HRS AGO
$3,200,000
4 beds4.5 baths4,868 sq ft
14241 Perdido Key Dr Ph 1601 West, Pensacola, FL 32507
$1,300,000
3 beds3 baths3,016 sq ft
4050 Indigo Dr #301, Pensacola, FL 32507
NEW 23 HRS AGO
$239,000
3 beds1.5 baths1,348 sq ft
1217 Dexter Ave, Pensacola, FL 32507
$1,490,000
4 beds4.5 baths2,414 sq ft
16549 Perdido Key Dr Unit W102, Pensacola, FL 32507
3D WALKTHROUGH
$640,000
3 beds3 baths3,049 sq ft
13626 Canal Dr, Pensacola, FL 32507
3D WALKTHROUGH
$799,900
3 beds2 baths2,395 sq ft
117 Bayshore Dr, Pensacola, FL 32507
3D WALKTHROUGH
$450,000
3 beds2 baths1,624 sq ft
608 Lost Key Dr Unit 404-C, Pensacola, FL 32507
See all

Provided by Redfin

Sale history for 7196 Sharp Reef #3

Date

Event

Price

PARMLS #562803

Dec 27, 2019

Sold

$435,000

$277/sq ft

Oct 24, 2019

Listed

$450,000

$287/sq ft

PARMLS #320437

Oct 1, 2008

Sold

$216,000

$138/sq ft

Jan 25, 2007

Listed

$239,000

$152/sq ft

+11

Hurricane Ivan ran through the garage. See the High Water mark of the sturdy pilings. This unit inside suffered no damage. It has all new Doors, Windows, Carpet, Drywall, Insulation, A/C system, and soon to be new appliances. This sturdy building is constructed out of 2X6 studs and 3/4" plywood. Enclosed Garage and Fireplace in the Greatroom. Three Decks on the East side. The building has a new roof, new paint, and new decking on the seawall. Step off on your boat for a Sailors or Fishermans Paradise. Seller is only the second owner of the property and lives out of state. Fishing Husband has passed away and the Widow does not use it. This is a rare oportunity to buy a Beach Home with access to the Beach and surronded on three sides by a State Park. The owners are installing an additional $17000 in decking in the back yard.

PARMLS #275174

Jan 23, 2007

Listing Removed

—

Mar 14, 2005

Listed

$375,000

$239/sq ft

Public Records

Jun 1, 1989

Sold

$72,000

$46/sq ft

Public Records

Jan 1, 1984

Sold

$57,000

$36/sq ft

Tax history for 7196 Sharp Reef #3

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

Stories

Lot width

—

Lot depth

—

Lot size

867 Sq. Ft.

Year renovated

2005

Sq. Ft.

1,260

Year built

1983

Style

Townhouse

County

Escambia County

APN

323S321301030012

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 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

Property details

Parking

Parking / Garage Information
# of Total Parking Spaces: 1
Covered Spaces: 1
Carport Spaces: 1
Has Carport
Parking Features: Carport, Parking Lot, Garage Door Opener

Interior

Bedroom 1 Information
Bedroom Level: Third
Bedroom Width: 14
Bedroom Length: 12
Bedroom Area: 168

Bathroom Information
# of Bathrooms (Full): 2
# of Bathrooms (1/2): 1
Room Bathroom Features: Updated
Bathroom Update Timeline: 1 TO 5 YRS
Bathroom Update Remarks: Fresh cabinetry, new half bath and new full bath on ground level.

Dining Room Information
Dining Room Features: Breakfast Bar

Living Room Information
Living Room Level: Second
Living Room Width: 18
Living Room Length: 12
Living Room Area: 216

Kitchen Information
Kitchen Level: Second
Kitchen Width: 14
Kitchen Length: 12
Kitchen Area: 168
Kitchen Features: Updated, Granite Counters, Kitchen Island
Kitchen Update Timeline: 1 TO 5 YRS
Kitchen Update Remarks: Granite countertops, glass tile backsplash, stainless appliances, fresh, modern style.

Interior Features
Flooring: Hardwood, Tile
Pets Allowed: Yes
Window Features: Double Pane Windows, Blinds
Interior Features: Ceiling Fan(s), Bonus Room

Exterior

Exterior Features
Exterior Features: Dock, Boat Slip, Boat Slip Utilities
Allows Horses: No
Patio And Porch Features: Deck, Covered Deck
Roof: Shingle
Has View
View: Lagoon, River, Sound, Water
Has Waterfront
Waterfront Features: Lagoon, River Front, Sound, Waterfront, Boat Lift

Lot Information
Lot Size Dimensions: 18X48
Lot Size Units: Acres

Land Information
Water Source: Public

Property Information
Property Condition: Resale
New Construction: No
Has Property Attached: Yes
Has Fireplace
Fireplace Features: Electric
Appliances: Electric Water Heater, Dryer, Washer, Built In Microwave, Disposal, Refrigerator
Security Features: Smoke Detector(s)
Road Responsibility: County Maintained Road

Building Information
Building Area Total: 1,570
Building Area Units: Square Feet
Foundation Details: Pillar/Post/Pier
Levels: Three Or More
Construction Materials: Frame

Financial

Tax Information
Tax Legal Description: BEG AT NW COR OF LT 12 PERDIDO KEY COVE 2ND ADDN PB 10 P 46 S 28 DEG 24 MIN 36 SEC E 41 69/100 FT S 57 DEG 35 MIN 28 SEC W 86 50/100 FT S 32 DEG 24 MIN 32 SEC E 36 FT FOR POB CONT S 32 DEG 24 MIN 32 SEC E 18 FT N 57 DEG 35 MIN 28 SEC E 48 50/100 FT N 32 DEG 24 MIN 32 SEC W 18 FT S 57 DEG 35 MIN 28 SEC W 48 50/100 FT TO POB OR 6537 P 491

Utilities

Utility Information
Electric: Circuit Breakers
Sewer: Public Sewer

Heating & Cooling
Has Cooling
Has Heating
Cooling: Central Air, Ceiling Fan(s)
Heating: Central

Location

HOA Information
Association YN: Yes
Association Fee: $1,600
Association Fee Frequency: Annually
Association Fee Includes: Association

Location Details
Directions: Hwy 292 to Sharp Reef ( East of Eden Condominiums and west of the Perdido Key Fire Station) Yellow townhouses are straight ahead,

Community Information
Community Features: Dock

Public facts

Beds: —
Baths: 2.0
Sq. Ft.: 1,260
Stories: 2.0
Lot Size: 867 square feet
Style: Townhouse
Year Built: 1983
Year Renovated: 2005
County: Escambia County
APN: 323S321301030012

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

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

Lifestyle

Provided by Walk Score and Local Logic

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

In this area, properties receive around 8.8 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.

8.8 hrs

5.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$753,000 – $911,000

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New listings for sale in 32507

NEW 10 HRS AGO3D WALKTHROUGH

$1,375,000

3 beds3.5 baths2,035 sq ft

13555 Sandy Key Dr #702, Pensacola, FL 32507

NEW 10 HRS AGO

$1,200,000

3 beds3 baths1,768 sq ft

13621 Perdido Key Dr Unit 702E, Pensacola, FL 32507

OPEN SEP 5, 10AM TO 12PM

$197,000

2 beds1.5 baths1,486 sq ft

4808 Huron Dr, Pensacola, FL 32507

NEW 14 HRS AGO

$3,200,000

4 beds4.5 baths4,868 sq ft

14241 Perdido Key Dr Ph 1601 West, Pensacola, FL 32507

$1,300,000

3 beds3 baths3,016 sq ft

4050 Indigo Dr #301, Pensacola, FL 32507

NEW 23 HRS AGO

$239,000

3 beds1.5 baths1,348 sq ft

1217 Dexter Ave, Pensacola, FL 32507

$1,490,000

4 beds4.5 baths2,414 sq ft

16549 Perdido Key Dr Unit W102, Pensacola, FL 32507

3D WALKTHROUGH

$640,000

3 beds3 baths3,049 sq ft

13626 Canal Dr, Pensacola, FL 32507

3D WALKTHROUGH

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Home values near 7196 Sharp Reef #3

Data from public records.

Address	Redfin Estimate
7156 Sharp Reef Road Apartment B4, Pensacola, FL 2 Beds \| 2.5 Baths \| 1080 Sq. Ft.	$470,474
7204 Sharp Reef Road, Pensacola, FL - Beds \| 2 Baths \| 1672 Sq. Ft.	$1,070,127

Address	Redfin Estimate
7200 Sharp Reef Road, Pensacola, FL 2 Beds \| 2 Baths \| 864 Sq. Ft.	$373,390
7200 Sharp Reef Road Apartment 1, Pensacola, FL - Beds \| 2 Baths \| 864 Sq. Ft.	$389,249

Address	Redfin Estimate
7208 Sharp Reef Road, Pensacola, FL 4 Beds \| 4 Baths \| 2582 Sq. Ft.	$1,400,152
7200 Sharp Reef Road Apartment 3, Pensacola, FL - Beds \| 2 Baths \| 864 Sq. Ft.	$379,062

Property information provided by PARMLS when last listed in 2019. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 32507, FL

Sale history for 7196 Sharp Reef #3

Tax history for 7196 Sharp Reef #3

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 32507

Home values near 7196 Sharp Reef #3

More real estate resources