OFF MARKET

Off Market Sep 2018 for $925K

$1,725,059

Est. refi paymentEst. refi $5,579/mo

•

2,614

sq ft

7228 Sharp Reef Dr, Pensacola, FL 32507

About this home

Boat & Beach - truly have it all! Fresh, open, up-to-the-minute coastal modern design makes this 4BR/4.5 BA with additional 660' guest 1BR/1BA apartment "the whole package"! Steps to 2 mi. stretch of "Gold Award" winning Perdido Key state park, dock, 12K# boatlift, outdoor shower, loads of decks/porches for grilling and gathering(2200 sf Trek/1700 sf concrete), your family/friends or vacation rentals will not want to leave! Board & batten Hardee plank with metal roof & worlds of wind rated windows, this completely updated home is ready to enjoy. Enter the great room that flows seamlessly to the spacious dining and kitchen areas. Windows wrap the space with stunning gulf/Ole River & lagoon views. Updated kitchen has granite countertops, stainless backsplash, under-mounted double stainless sinks, Frigidaire Professional Series stainless appliances and is accented with over/under counter LED lighting. Downstairs master features large walk-in closet and built-in birth-style bunks. Master bath is an oasis featuring the 72" copper/zinc soaking tub, separate shower/water closet & his/her vanities that feature agate granite sinks. Custom tile accents the walls, and natural light floods the space. Elevator shaft is wire, and now fitted for storage. Cubby under stairs is perfect kids hide-away for, and also storage. Stained oak stairs have nautical cleats & ships lines as spindles, and a driftwood wall-mounted handrail. Upstairs are 3 spacious bedrooms w/private bathrooms & walk-in closets including a waterfront second master. French doors lead to private deck that spans width of the home, and spiral staircase leads to a sunning/stargazing roof-level deck. On the ground floor is the 1BR/1BA apartment with full kitchen and living area perfect for summer cooking and entertaining, overflow guests, adult children or an AIRBNB. Oversized 2-car garage has painted floors and loads of storage. Carrier 4.5 heatpump upstairs '17,1.5 down '08. Furnished w/exceptions.

Single-familyProperty Type

2006Year Built

0.29 acresLot Size

$660Est. Price/Sq.Ft.

2 car garageParking

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

Bought with Stephen Harrison • RE/MAX OF GULF SHORES

Redfin checked: 2 minutes ago

•Source:PARMLS #539681

Redfin Estimate

$1,725,059

$800K since sold in September 2018$40K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 95.6% higher than the average sale price ($882K) of 6 comparable homes.

SOLD MAY 27, 2026
$1,600,000
A
4 beds3.5 baths3,090 sq ft
15770 Perdido Key Dr, Pensacola, FL 32507
SOLD MAR 26, 2026
$665,000
B
4 beds3.5 baths2,552 sq ft
16268 Ygnacio Serra Dr, Pensacola, FL 32507
SOLD MAY 22, 2026
$610,000
C
4 beds3.5 baths2,980 sq ft
16258 Bocaccio Dr, Pensacola, FL 32507
SOLD JUN 15, 2026
$1,132,500
D
4 beds3 baths2,609 sq ft
31319 River Rd, Orange Beach, AL 36561
SOLD JUN 25, 2026
31487 Pine Run Dr, Orange Beach, AL 36561
$720,000
E
4 beds2.5 baths2,410 sq ft
31487 Pine Run Dr, Orange Beach, AL 36561
SOLD APR 17, 2026
$565,000
F
4 beds3.5 baths2,711 sq ft
16360 Innerarity Pt Rd, Pensacola, FL 32507

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Earn from this home

Sell

$1,004,956

Est. take-home

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Refinance

Est. cash available

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Rent

$3,850/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

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See all

Provided by Redfin

Sale history for 7228 Sharp Reef Dr

Date

Event

Price

PARMLS #539681

Sep 20, 2018

Sold

$925,000

$354/sq ft

Jul 21, 2018

Listed

$995,000

$381/sq ft

PARMLS #463598

Jan 28, 2016

Sold

$625,000

$239/sq ft

May 26, 2014

Listed

$699,000

$267/sq ft

+15

Price reduced!!! Fabulous canal-front beach house with water views from almost every window. Perfect for large families with 5 bedrooms, 5 1/2 baths and fully furnished. Home features 3 levels of breathtaking views, TREX balconies, and outside shower. Watch the sunrise AND sunset, fish from your dock, swim in the canal, or dock your boat at your back door. Home features a Separate living quarters that could be used for mother- in- law, college children or visitors! Take the boardwalk at the end of the street to the Gulf of Mexico. Perdido Key Coves is a unique waterfront subdivision surrounded by state park and Old River. Buyer to verify all dimensions and features.

Public Records

Sep 23, 2003

Sold

$190,000

$73/sq ft

Public Records

Feb 10, 2003

Sold

$180,000

$69/sq ft

Public Records

Jan 1, 1972

Sold

$52,500

$20/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$14,580 (+12.8%)

2024

$12,927 (+6.4%)

2023

$12,152 (+8.1%)

2022

$11,247 (+14.9%)

2021

$9,792 (+9.3%)

$165,000 + $533,092

$698,092

2020

$8,960 (−2.4%)

$165,000 + $483,698

$648,698

2019

$9,177 (+43.1%)

$165,000 + $483,698

$648,698

2018

$6,411

$165,000 + $493,967

$658,967

2017

$6,409 (−9.2%)

$160,000 + $317,051

$477,051

2016

$7,056 (+9.8%)

$160,000 + $315,624

$475,624

2014

$6,426

Tax history for 7228 Sharp Reef Dr

Year

Property tax

Land + Additions

Assessment*

2025

$14,580 (+12.8%)

2024

$12,927 (+6.4%)

2023

$12,152 (+8.1%)

2022

$11,247 (+14.9%)

2021

$9,792 (+9.3%)

$165,000 + $533,092

$698,092

2020

$8,960 (−2.4%)

$165,000 + $483,698

$648,698

2019

$9,177 (+43.1%)

$165,000 + $483,698

$648,698

2018

$6,411

$165,000 + $493,967

$658,967

2017

$6,409 (−9.2%)

$160,000 + $317,051

$477,051

2016

$7,056 (+9.8%)

$160,000 + $315,624

$475,624

2014

$6,426

*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

0.29 Acres

Year renovated

2012

Sq. Ft.

3,104

Year built

2006

Style

Single Family Residential

County

Escambia County

APN

323S321100000063

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
# of Garage Spaces: 2
Covered Spaces: 2
Has Garage
Has Attached Garage
Parking Features: 2 Car Garage, Garage Door Opener

Interior

Bedroom 1 Information
Bedroom Level: Third
Bedroom Width: 13
Bedroom Length: 12
Bedroom Area: 156

Bedroom 2 Information
Bedroom Level: Third
Bedroom Width: 13
Bedroom Length: 12
Bedroom Area: 156

Bedroom 3 Information
Bedroom Level: Third
Bedroom Width: 12
Bedroom Length: 12
Bedroom Area: 144

Bathroom Information
# of Bathrooms (Full): 4
# of Bathrooms (1/2): 1
Room Bathroom Features: Updated
Bathroom Update Timeline: 1 YR
Bathroom Update Remarks: Tiled accent walls, showers tiled with accents. All floors are newly tiled. Granite vanity tops, free standing footed zinc-lined soaking tub and agate granite sinks in the master.

Dining Room Information
Dining Room Features: Breakfast Bar, Living/Dining Combo

Kitchen Information
Kitchen Features: Updated, Granite Counters
Kitchen Update Timeline: 1 YR
Kitchen Update Remarks: Up to the minute style with granite countertops, uplighting over wall hung cabinets, deep stainless sink, range with stainless vent hood, all wood plank tiles.

Interior Features
Flooring: Tile, Simulated Wood
Window Features: Double Pane Windows, Blinds, Impact Resistant Windows
Interior Features: Storage, Baseboards, Ceiling Fan(s), Crown Molding, High Ceilings, High Speed Internet, Recessed Lighting

Exterior

Exterior Features
Exterior Features: Balcony, Dock
Allows Horses: No
Patio And Porch Features: Covered, Deck, Covered Deck
Roof: Metal
Has View
View: Canal, Gulf, Lagoon, Water
Has Waterfront
Waterfront Features: Canal Front, Waterfront, Block/Seawall, Boat Lift

Lot Information
Lot Size Acres: 0.2887
Lot Size Area: 0.2887
Lot Size Units: Acres

Land Information
Water Source: Public

Property Information
Property Condition: Resale
New Construction: No
Has Property Attached: No
Homestead: Yes
Green Energy Efficient: Heat Pump, Appliances
Appliances: Water Heater, Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Disposal, Refrigerator, Self Cleaning Oven, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer
Laundry Features: Inside
Security Features: Smoke Detector(s)
Road Responsibility: County Maintained Road

Building Information
Building Area Total: 2,614
Building Area Units: Square Feet
Foundation Details: Pillar/Post/Pier, Slab
Levels: Three Or More
Construction Materials: Frame

Financial

Tax Information
Tax Legal Description: LT 63 PERDIDO KEY COVES UNIT NO 1 PB 7 P 26 OR 7500 P 1776

Utilities

Utility Information
Electric: Circuit Breakers
Sewer: Public Sewer

Heating & Cooling
Has Cooling
Has Heating
Cooling: Multi Units, Heat Pump, Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment
Heating: Multi Units, Heat Pump, Central, ENERGY STAR Qualified Heat Pump

Location

HOA Information
Association YN: Yes
Association Fee: $400
Association Fee Frequency: Annually
Association Fee Includes: Association

Location Details
Directions: From Pensacola - Perdido Key Drive (292) west past River Road, 4th street past fire station second house on the right. From Alabama, pass Flora-Bama , Eden, first street on the left, second house on the right.

Public facts

Beds: —
Baths: 6.0
Sq. Ft.: 3,104
Stories: 3.0
Lot Size: 0.29 acres
Style: Single Family Residential
Year Built: 2006
Year Renovated: 2012
County: Escambia County
APN: 323S321100000063

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

Hellen Caro Elementary School

Public PreK-5 • Assigned • 5.4mi

7/10

Jim C. Bailey Middle School

Public 6-8 • Assigned • 5.6mi

5/10

Escambia High School

Public 9-12 • Assigned • 14.0mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

6/10 Flood Factor

Estimated 67-74% 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, 23 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

$1.64M – $1.98M

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Home values near 7228 Sharp Reef Dr

Data from public records.

Address	Redfin Estimate
7212 Sharp Reef Road, Pensacola, FL 3 Beds \| 3.5 Baths \| 1670 Sq. Ft.	$1,071,542
7204 Sharp Reef Road, Pensacola, FL - Beds \| 2 Baths \| 1672 Sq. Ft.	$1,070,127

Address	Redfin Estimate
7218 Sharp Reef Road, Pensacola, FL - Beds \| 3 Baths \| 1954 Sq. Ft.	$718,975
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 2018. 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 7228 Sharp Reef Dr

Tax history for 7228 Sharp Reef Dr

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 7228 Sharp Reef Dr

More real estate resources