Pending

13661 Perdido key Drive Unit: 402

Perdido Key FL, 32507

$750,000


$521.56 per sqft

Pending

2 Beds

2 Baths

1,438 sqft

Condos

Built in 2001

Welcome to 13661 Perdido Key Dr unit 402, a HIDDEN GEM of Perdido Key, Pensacola!! Perdido translates to the word ''lost'' in Spanish so it refers to the ''lost paradise'' this beautiful island of Pensacola has to offer. Perdido Key has a rich history and is a well sought after area located on the Alabama border of Orange Beach. Being somewhat of an isolated island this area offers a sense of exclusivity which creates an experience in itself.

Being such a desired area and Palacio being a luxurious condo, the RENTAL POTENTIAL is quite impressive, ranging from 55k-65k GROSS. That's approximately 8% ROI!!! This gives you an opportunity to get the best of both worlds, having your own piece of paradise while having it pay for itself!! Upon entering this meticulously chic condo, you'll be greeted by breathtaking UNOBSTRUCTED OCEAN VIEWS from both the spacious living area and the MASTER SUITE, thanks to the floor-to-ceiling windows that bathe the space with natural light.

Imagine waking up to the sound of waves and enjoying your morning coffee on your HUGE OVERSIZE balcony that overlooks the pristine white sandy beaches OR having a GRAND MASTER suite that has direct access to the balcony and OCEAN VIEWS of the Gulf of Mexico from the BEDROOM. Features like these are not only desirable to owners, but creates a high desirability for renters as well, boasting your rental advantage which leads to greater return!!

Sold FULLY-FURNISHED, this unit is TURN-KEY ready with nice coastal chic furnishing that creates a warm cozy feel but also brings out that coastal vibe, a Galley kitchen fully equipped with modern stainless steel appliances, granite countertops, and ample cabinet space, giving it a feel of a home away from home, ALL wood tile throughout the entire unit, MASTER SUITE facing the Gulf, standing shower plus a tub, HUGE walk in closet which is adds that comfortability and space when on vacation, a WET BAR area for entertainment, HIS/HER sink in the master bath, and sturdy POLYWOOD patio furniture set up both for dining and relaxing, but most importantly that can withstand the salted air to prevent rapid corrosion.

In addition, the complex has a lot of nice amenities like, private beach access, nice size hot tub, private pool, lounge area, gym etc. Outside of that, the area has a vast variety of restaurants, and recreational excursions for family, for example chartered fishing, e-bikes rentals, canoe rentals, pontoon boat rentals, adult party cruises, parks, Publix and Walmart in close proximity, Alabama Aquarium close by, kayak rentals, dolphin tours, slingshot rentals, and the list goes on!!!


If you're looking for an investment that ticks ALL the boxes, UNIT 402 at PALACIO does just that, GREAT RENTAL, WELL KEPT building, PRIME LOCATION, and your very own piece of PARADISE!! Call today if you're interested in making your NEXT investment adventure your BEST investment adventure.

948306

MLS ID

April 25, 2024

Listed

January 5, 2025

Updated

Map

13661 Perdido key Drive Unit: 402
Perdido Key FL, 32507

Interior Features

Bedrooms

2


Total Bathrooms

2


Full Bathrooms

2


Interior Features

Breakfast Bar, Floor Tile, Furnished - All, Pantry, Washer/Dryer Hookup, Wet Bar


Appliances

Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Refrigerator, Stove/Oven Electric, Washer


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s), Central Air


Heating

No

Exterior/Building Features

Exterior Features

Balcony


Architectual Style

N/A

School Information

High School

Catholic


Elementary School

Hellen Caro

Other Property Details

Area Name

08 - Escambia County


Days on Market

220


Association Fee

Not Listed


Garage

No


View

Yes


View Description

Gulf


County

Escambia


Pool

No


Pool Features

Pool Type


Waterfront

Yes

Listing History

Date

Event

Price

12/2/2024

Pending

7/9/2024

Price change

$750,000

-2%

6/13/2024

Price change

$765,000

-3%

Courtesy of Salty Marlin Realty, Ramone C Silvera,
Listing Contact: 954-330-3095 

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Emily Crain shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 7:21 PM UTC, 1/5/2025

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