Welcome to Life at the Beach—with Your Own Boat Slip! Waterfront townhomes like this are rarely available in Perdido Key Coves, and this one is a true gem! Fully updated, this home features new flooring, appliances, countertops, windows, doors, HVAC, water heater, and even an EV outlet in the covered carport for your electric vehicle. Your assigned boat slip accommodates up to a 31-foot boat, and you have the option to install a boat lift. Step out into the open lagoon area of Old River, a perfect setting for paddle boarding, kayaking, or fishing for speckled trout, redfish, and flounder—or drop a crab trap off the dock and host your own sunset crab boil! You'll enjoy the secure oversized storage room on dock level to store all of your water toys, fishing equipment, bikes, paddle boards and kayaks! Across from your parking area, you'll find pickle ball and tennis courts, and just steps across the street is your deeded access to the emerald waters and sugar-white sands of the Gulf of Mexico. This friendly waterfront community is nestled in the heart of the Florida State Park in Perdido Key and BOATERS and FISHERMEN (and women!) will love the property location - only 4.9 miles to Perdido Pass!!! The New multi-use bike paths wind throughout the Key, making it easy to explore local restaurants, world-class entertainment, boutique shopping, and scenic parks—all without getting in the car! Don't miss your opportunity to own this move-in ready slice of paradise in one of Perdido Key's most sought-after waterfront communities! **Unit is sold unfurnished, photos are Virtually Staged with furnishings** MARINA COVE REQUIRES A 30 DAY RENT RESTRICTION
TownhomeProperty Type
1984Year Built
1,058 sq ftLot Size
$483Est. Price/Sq.Ft.
2 spacesParking
Listed by T. Lauren Moore• Levin Rinke Realty
Bought with Ashlie Laster• Perdido Key Resort Realty LLC
Affordable waterfront townhouse with boat dock and slip. Sit on the upper deck and watch the dolfins play, dock your boat at your front door, or sit on the large covered deck and enjoy your morning coffee or your afternoon refreshments. One bedroom and bath on first level and second bedroom and small bath upstairs. Unit being sold unfurnished. Current tenant's lease up 1/15/2013.
Public Records
Jun 1, 1995
Sold
$71,900
$75/sq ft
Public Records
Nov 1, 1984
Sold
$64,600
$67/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,270 (+22.5%)
2024
$3,485 (+3.1%)
2023
$3,382 (+7.9%)
2022
$3,133 (+15.9%)
2021
$2,703 (+8.2%)
2020
$2,499 (+11.8%)
2019
$2,235 (−1.0%)
2018
$2,258 (+40.1%)
2017
$1,612 (+2.5%)
$42,750 + $61,000
$103,750
2016
$1,573 (+3.3%)
$42,750 + $56,590
$99,340
2014
$1,523
Tax history for 7200 Sharp Reef #2
Year
Property tax
Land + Additions
Assessment*
2025
$4,270 (+22.5%)
2024
$3,485 (+3.1%)
2023
$3,382 (+7.9%)
2022
$3,133 (+15.9%)
2021
$2,703 (+8.2%)
2020
$2,499 (+11.8%)
2019
$2,235 (−1.0%)
2018
$2,258 (+40.1%)
2017
$1,612 (+2.5%)
$42,750 + $61,000
$103,750
2016
$1,573 (+3.3%)
$42,750 + $56,590
$99,340
2014
$1,523
*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
2
Stories
2
Lot width
—
Lot depth
—
Lot size
1,176 Sq. Ft.
Year renovated
2000
Sq. Ft.
864
Year built
1984
Style
Townhouse
County
Escambia County
APN
323S321200003001
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: 2
Covered Spaces: 2
Carport Spaces: 2
Has Carport
Parking Features: 2 Car Carport, Covered, Parking Lot
Interior
Virtual Tour
Bedroom 1 Information
Bedroom Level: Second
Bedroom Width: 16
Bedroom Length: 12
Bedroom Area: 192
Bathroom Information
# of Bathrooms (Full): 2
# of Bathrooms (1/2): 0
Room Bathroom Features: Updated
Bathroom Update Timeline: 1 TO 5 YRS
Bathroom Update Remarks: Flooring, Fixtures, Toilet, Sink and Cabinet
Dining Room Information
Dining Room Features: Breakfast Bar, Eat-in Kitchen
Appliances: Electric Water Heater, Dryer, Washer, Dishwasher, Microwave
Laundry Features: W/D Hookups
Road Responsibility: County Maintained Road
Building Information
Building Area Total: 960
Building Area Units: Square Feet
Foundation Details: Pillar/Post/Pier
Levels: Two
Construction Materials: Frame
Financial
Tax Information
Tax Legal Description: BEG AT NWLY COR LT 64 PERDIDO KEY COVE UNIT 1 PB 7 P 26 N 0 DEG 5 MIN 21 SEC W 104 70/100 FT N 22 DEG 24 MIN 39 SEC E 95 30/100 FT N 89 DEG 54 MIN 39 SEC E 60 84/100 FT N 26 DEG 15 MIN 5 SEC E 24 32/100 FT FOR POB CONT N 26 DEG 15 MIN 5 SEC E 18 8/100 FT N 89 DEG 54 MIN 39 SEC E 65 68/100 FT S 26 DEG 15 MIN 5 SEC W 18 8/100 FT S 89 DEG 54 MIN 39 SEC W 65 68/100 FT TO POB OR 6978 P 1499 OR 8158 P 1001
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: $1,800
Association Fee Frequency: Annually
Association Fee Includes: Association, Deed Restrictions, Trash, Water/Sewer
Location Details
Directions: From Pensacola: West on SR292, Cross Theo Baars Bridge, continue 3.8 miles West on Perdido Key Drive (bear right at traffic circle) to Right on Sharp Reef. Go straight to Marina Cove Townhome complex on Right - Unit 2 is second townhome from Right - Entrance is on waterside. From Orange Beach: East on Perdido Beach Blvd into Florida - proceed East 2.7 miles to Right on Sharp Reef to Left, proceed to Marina Cove Townhomes on Right. Unit 2 is second townhome from Right - Entrance is on Waterside.
Community Information
Community Features: Beach, Dock, Fishing, Tennis Court(s), Waterfront Deed Access
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 864
Stories: 2.0
Lot Size: 1,176 square feet
Style: Townhouse
Year Built: 1984
Year Renovated: 2000
County: Escambia County
APN: 323S321200003001
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
8/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 104° expected this year, 21 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)
59
41
66
49
71
55
76
63
80
69
87
75
90
77
87
75
85
72
80
63
73
57
64
47
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
$441,000 – $534,000
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