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Spanish Key

Spanish Key

Spanish Key
Condominium Building
The Costar Building Rating

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

17287 Perdido Key Dr
Pensacola, FL 32507-7855
76 Units
9 Stories
2001 Year Built
$892K - $1.9M Value Range

Available Units

For Sale
For Rent
No Units Available

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Fishing Pier
  • Gated Community
  • Community Pool
  • Community Barbecue Grill

Coastal luxury in the heart of Perdido Key

Spanish Key, a 9-story condominium complex completed in 2001, stands as a testament to beachfront living in Perdido Key, Florida. With 76 units spread across its floors, this gated community offers residents 500 feet of pristine white sand beach frontage. The building's design embraces the laid-back coastal lifestyle while providing modern amenities and breathtaking views of the Gulf of Mexico. Spanish Key's location, just a quarter-mile from the world-famous Flora-Bama, places it at the center of Perdido Key's vibrant beach culture, offering a perfect balance of tranquility and accessibility to local attractions.

Spacious Gulf-front residences with stunning views

Spanish Key offers a range of generously sized units, from 3-bedroom layouts starting at 1,606 square feet to expansive 4-bedroom configurations up to 3,900 square feet. The 3-bedroom units, priced from $911,282 to $999,900, feature three full bathrooms and ample living space. Larger families or those desiring extra room can opt for the 4-bedroom units, which include four to four-and-a-half bathrooms. Each residence boasts floor-to-ceiling windows and private balconies, providing panoramic views of the Gulf or the picturesque Old River. Many units have been thoughtfully updated with modern finishes, including quartz or granite countertops, stainless steel appliances, and custom cabinetry in the kitchens. Luxurious touches such as wet bars with wine coolers, marble-look tile flooring, and crown molding are common throughout. Master suites often feature walk-in closets and en-suite bathrooms with garden tubs and separate showers. Hurricane impact windows and electric storm shutters provide peace of mind during inclement weather. Some units come with the added benefit of a deeded covered parking space, a rarity in the area.

Resort-style amenities for year-round enjoyment

Spanish Key offers an impressive array of amenities designed to enhance the coastal living experience. The outdoor Gulf-front pool, complete with a spacious sun deck, provides the perfect setting for soaking up the Florida sunshine. For year-round swimming, an indoor heated pool is available, accompanied by a covered hot tub for relaxation. Fitness enthusiasts will appreciate the well-equipped exercise room, while the sauna and steam room offer post-workout recovery options. The building's amenities extend beyond recreation. A conference room and owner's room are available for meetings or gatherings. The property features a boardwalk for easy beach access, complete with a lanai equipped with water hookups for rinsing off sand. Outdoor enthusiasts can take advantage of the BBQ grills and gazebo area for al fresco dining. Across the street, Spanish Key provides overflow parking and a riverside pier, perfect for temporary boat or jet ski docking, fishing, and launching kayaks or paddleboards. The building is pet-friendly, allowing owners to have up to three pets. On-site management and a full-time maintenance department ensure the property is well-maintained year-round. For added convenience and security, the complex offers storage options, including individual storage cages and closets for residents.

A laid-back beach community with vibrant local flavor

Perdido Key, known for its stunning natural beauty and relaxed coastal lifestyle, offers residents of Spanish Key the best of Florida's panhandle. The area is characterized by its 16-mile stretch of pristine white sand beaches, warm Gulf waters, and a commitment to preserving its natural environment. Sea turtles nest in the grassy dunes, and the average temperature of 75 degrees makes outdoor activities enjoyable year-round. Just a short walk from Spanish Key is the iconic Flora-Bama, a world-famous beach bar straddling the Florida-Alabama state line. This honky-tonk features multiple beachfront bars and live music stages, hosting events throughout the year, including the quirky Annual Interstate Mullet Toss. For those seeking culinary adventures, the area boasts several noteworthy restaurants. The Jellyfish, less than a 10-minute drive away, has been a local favorite for nearly two decades, offering an eclectic menu of sushi, steaks, and seafood. Nature enthusiasts will appreciate the proximity to Perdido Key State Park, just a 5-minute drive from Spanish Key. This 250-acre park showcases the area's natural beauty with rolling dunes, white sand beaches, and diverse wildlife. For golf lovers, the Lost Key Golf Club, the first course in Florida to be designated an Audubon International Silver Signature Sanctuary, is nearby, offering challenging play and stunning Gulf views. While Perdido Key maintains a laid-back atmosphere, it's not far from more developed areas. Orange Beach, Alabama, just across the state line, provides additional shopping and dining options. For larger shopping excursions, residents can visit Tanger Outlets Foley, about an 18-mile drive away.

Car-centric community with easy access to nearby attractions

Transportation in Perdido Key primarily revolves around personal vehicles, reflecting the area's spacious, coastal layout. The community is connected to the mainland by Florida State Route 292, providing easy access to nearby attractions and essential services. While the area is somewhat bikeable, with a bike score of 40, most residents and visitors rely on cars for day-to-day transportation. For those traveling further afield, Pensacola International Airport is approximately a 50-minute drive, about 27 miles from Spanish Key. This proximity allows for convenient travel connections while maintaining the secluded feel of the beachfront community. Within Perdido Key itself, many attractions are within a short driving distance. Restaurants, beaches, and local points of interest are typically accessible within a 5 to 15-minute drive. The nearby town of Orange Beach, Alabama, is about a 10-minute drive away, offering additional amenities and services. While public transportation options are limited in this coastal area, the layout of Perdido Key allows for pleasant walks along the beach and to nearby attractions like the Flora-Bama. The area's bike score suggests that some cycling opportunities are available, though they may be limited compared to more urban environments.

Available Condos

No units matching this criteria are available right now.

Building Details

Recreation

  • Fishing Pier
  • Beach
  • Community Pool
  • Community Spa

Outdoor Features

  • Property fronts gulf or ocean
  • Community Barbecue Grill
  • Picnic Area

Amenities

  • Gulf Views
  • Laundry Facilities
  • Gated Community

Condo Association

  • $875 Monthly HOA Fees
  • Monthly HOA Fees Range from $800 - $875
  • Association fees include deed restrictions, ground maintenance, insurance, maintenance, management, recreation facility, trash, water/sewer
  • Spanish Key Subdivision

Unit Information

Unit
703
Beds
3 Beds
Baths
3 Baths
Sq Ft
1,606
Price
$938,000
Price / Sq Ft
$584 / Sq Ft
List Date
01/10/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
1,606 - 3,736
Est. Values
$915,256 - $1,946,261
3 Bedroom Units
Sq Ft Range
1,606 - 2,130
Est. Values
$891,914 - $1,236,804
4 Bedroom Units
Sq Ft Range
3,212
Est. Values
$1,550,313 - $1,874,666
All Units
Sq Ft Range
1,606 - 3,736
Est. Values
$891,914 - $1,946,261

Map

Area Factors

Low Crime

Crime Score®

2 / 10

Somewhat Bikeable

Bike Score®

40 / 100

Car-Dependent

Walk Score®

26 / 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®

79 / 100

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Air Pollution®

N/A / 10

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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
$445K - $1.3M
Range of Taxes in Building
$5,315 - $16,194
Range of Taxes per Sq Ft
$3.22 - $5.59

Property Tax History

Source: Public Records

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