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Shipwatch Condo

Shipwatch Condo

Shipwatch Condo
Condominium Building Complex
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

16787 Perdido Key Dr,
Pensacola, FL 32507-9300
126 Units
8 Stories
1982 Year Built
$492K - $1.1M Value Range

Available Units

For Sale
For Rent
No Units Available

Highlights

  • Boat Dock
  • Beach
  • Property fronts gulf or ocean
  • Fitness Center
  • Outdoor Tennis Courts
  • In Ground Pool

Coastal living with boating amenities on Perdido Key

Shipwatch Condo, an 8-story condominium complex completed in 1982, stands as a testament to coastal living on Perdido Key. Located between Pensacola and Orange Beach, this 126-unit development offers residents a unique blend of beach and boating lifestyles. The building's design takes full advantage of its prime location, providing easy access to both the Gulf of Mexico and Old River. With its mix of Gulf-front and riverside units, Shipwatch caters to those seeking a laid-back island atmosphere combined with the convenience of modern amenities.

Spacious units with stunning water views

Shipwatch Condo offers a variety of floor plans to suit different needs and preferences. The units range from cozy 2-bedroom layouts to expansive 4-bedroom residences, all designed to maximize the coastal views and natural light. Two-bedroom units span from 1,116 to 1,479 square feet, featuring two bathrooms and selling for $538,000 to $679,000. These units often include open-concept living areas, updated kitchens with granite countertops and stainless steel appliances, and large balconies perfect for enjoying the Gulf or river views. The three-bedroom units, measuring 1,302 to 1,548 square feet, also come with two bathrooms and are priced between $755,000 and $998,000. Many of these units boast split floor plans, offering privacy for the master suite, and feature upgrades such as quartz countertops, custom backsplashes, and plantation shutters. For those requiring more space, the four-bedroom units are approximately 1,700 square feet with three bathrooms. These larger units often include additional features like vaulted ceilings, loft areas, and multiple balconies, providing ample room for families or those who love to entertain. Regardless of size, most units in Shipwatch come with modern amenities such as in-unit washers and dryers, ample storage space, and hurricane shutters for added peace of mind. Many residences have been recently updated with luxury vinyl tile flooring, fresh paint, and modern fixtures, creating a contemporary coastal aesthetic. Monthly HOA fees range from $800 to $900, covering cable TV, ground maintenance, pest control, trash removal, and water/sewer services. This comprehensive fee structure allows residents to enjoy a worry-free lifestyle in this beachfront community.

Dual waterfront amenities for beach and boating enthusiasts

Shipwatch Condo distinguishes itself with its dual-focused amenities, catering to both beach lovers and boating enthusiasts. The complex features two swimming pools - one Gulf-front and one riverside - each accompanied by its own clubhouse, perfect for gatherings and events. For water sports aficionados, Shipwatch offers a private boat launch, secure boat storage, and first-come, first-serve deep water boat slips on Old River. This unique combination of beach access and boating facilities is rare in the area, making Shipwatch a coveted destination for those who love life on the water. The property also boasts newly renovated tennis courts and pickleball courts, catering to sports enthusiasts. A fitness room equipped with modern exercise machines allows residents to maintain their workout routines without leaving the complex. For relaxation, there's a sauna and an indoor hot tub, perfect for unwinding after a day of activities. Outdoor enthusiasts will appreciate the BBQ facilities, gazebo, and fishing pier, which provide ample opportunities for socializing and enjoying the coastal environment. A dedicated pet walk area ensures that four-legged residents are also well-accommodated. Shipwatch maintains a strong focus on resident comfort and convenience with its on-site management and maintenance staff. The complex also offers ample parking for residents and guests, as well as additional storage rooms for beach and boating equipment. With its comprehensive range of amenities and services, Shipwatch Condo offers a resort-like experience for its residents year-round.

A serene coastal community with nearby attractions

Perdido Key, where Shipwatch Condo is located, is known for its stunning natural beauty and relaxed coastal lifestyle. This 16-mile-long barrier island boasts white sand beaches, rolling dunes, and an average temperature of 75 degrees, creating an idyllic setting for residents and visitors alike. Nature enthusiasts will find plenty to explore at the nearby Perdido Key State Park, just a short 5-minute drive from Shipwatch. This 250-acre park offers pristine beaches, opportunities for swimming, fishing, and wildlife observation. The park is home to numerous protected species, including sea turtles that nest on its beaches. For those seeking dining options, the area offers a mix of local favorites and familiar chains. The Jellyfish, about a 10-minute drive away, has been serving the island for nearly 20 years and is known for its eclectic menu featuring sushi, steaks, and seafood. Closer to home, Lupita's Mexican Fast Food provides a quick and tasty option just a 10-minute walk from the condo. Shopping needs are easily met with several options in the vicinity. The Palm Point Shopping Plaza, approximately 5 miles away, offers a variety of retail stores and services. For groceries, residents can choose between Publix Super Market and Rouses Market, both about a 6-mile drive from Shipwatch. Golf enthusiasts will appreciate the proximity to Lost Key Golf Club, a public championship course known for its environmental stewardship as an Audubon International Silver Signature Sanctuary. The course not only provides challenging play but also offers stunning views of the Gulf. For a taste of local culture and nightlife, the world-famous Flora-Bama beach bar is just a short distance away. This iconic establishment hosts live music events and unique local traditions like the Annual Interstate Mullet Toss. While Perdido Key itself maintains a laid-back, less developed atmosphere compared to some neighboring beach towns, residents of Shipwatch enjoy easy access to more bustling areas. Orange Beach and Gulf Shores in Alabama are just a short drive away, offering additional dining, shopping, and entertainment options.

Car-centric location with easy access to major routes

Transportation in Perdido Key primarily revolves around personal vehicles, reflecting the area's laid-back, coastal nature. Shipwatch Condo's location provides convenient access to Florida State Route 292, the main thoroughfare connecting the island to the mainland and nearby communities. For those needing to travel further afield, Pensacola International Airport is approximately 26 miles away, or about a 50-minute drive. This proximity allows for relatively easy access to air travel without the constant noise of flight paths overhead. While the area is primarily car-dependent, the flat terrain of Perdido Key does allow for some biking opportunities, particularly for leisure rides along the coast. However, dedicated bike lanes are limited, so cyclists should exercise caution. Public transportation options are minimal in this area, in keeping with its residential, vacation-oriented character. Residents and visitors typically rely on personal vehicles or rental cars for getting around. For those looking to explore nearby attractions or head into Pensacola for shopping and entertainment, the drive is straightforward along well-maintained roads. The location of Shipwatch Condo allows for easy day trips to various points of interest in the region. Parking at Shipwatch is ample, with spaces available for residents and guests. This is particularly convenient for those who own boats or other watercraft, as the complex provides trailer parking in addition to its boat slips and launch facilities. While not a walkable urban environment, the immediate area around Shipwatch does allow for pleasant strolls along the beach or to nearby restaurants and shops. For most other needs, however, a car remains the primary mode of transportation, allowing residents to enjoy the peace and natural beauty of Perdido Key while still having access to broader amenities in the surrounding region.

Available Units

No units matching this criteria are available right now.

Building Details

Recreation

  • Outdoor Tennis Courts
  • Boat Dock
  • Pier or Dock
  • Fishing Pier
  • Beach
  • Handball Court
  • Fitness Center
  • In Ground Pool
  • Community Pool
  • Community Spa

Outdoor Features

  • Property fronts gulf or ocean
  • Property fronts an intracoastal waterway
  • River Front
  • Picnic Area

Amenities

  • Gulf Views
  • Sauna

Parking

  • Guest Parking
  • Parking Lot
  • RV or Boat Parking

Condo Association

  • $806 Monthly HOA Fees
  • Monthly HOA Fees Range from $806 - $927
  • Association fees include cable TV, deed restrictions, ground maintenance, insurance, maintenance, management, pest control, trash, water/sewer
  • Shipwatch Surf & Yacht Club Subdivision

Building Design

  • Elevator

Unit Features

  • Washer and Dryer Hookup
  • Balcony

Unit Information By Building

Beds
2 Beds
3 Beds
2 Beds
2 Beds
Baths
2 Baths
2 Baths
2 Baths
2 Baths
Sq Ft
1,184
1,364
1,184
1,116
Price
$659,000
$998,000
$675,000
$565,000
Price / Sq Ft
$557 / Sq Ft
$732 / Sq Ft
$570 / Sq Ft
$506 / Sq Ft
List Date
12/13/2024
08/03/2024
03/04/2025
03/07/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
1,116 - 1,743
Est. Values
$584,560 - $1,032,084
2 Bedroom Units
Sq Ft Range
1,116 - 1,184
Est. Values
$492,163 - $759,615
3 Bedroom Units
Sq Ft Range
1,302 - 1,548
Est. Values
$622,118 - $861,663
4 Bedroom Units
Sq Ft Range
1,743
Est. Values
$1,084,167
All Units
Sq Ft Range
1,116 - 1,743
Est. Values
$492,163 - $1,084,167

Map

Area Factors

Low Crime

Crime Score®

2 / 10

Somewhat Bikeable

Bike Score®

35 / 100

Car-Dependent

Walk Score®

12 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

80 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$1 - $784K
Range of Taxes in Building
$0 - $10,529
Range of Taxes per Sq Ft
$2.16 - $6.04

Property Tax History

Source: Public Records

Building Website

Building Team

Property Management
Shipwatch Condominiums HOA
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.