NOT LISTED FOR SALE

17359 Perdido Key Dr Unit 401E Pensacola, FL 32507

Perdido Key Neighborhood

Estimated Value: $1,906,258 - $2,033,000

4 Beds
4.5 Baths
3,383 Sq Ft
$578/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $1,895,000 $560 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $13,800/month

2 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Fitness Center
  • Gated Community
  • Property fronts gulf or ocean
  • Sitting Area In Primary Bedroom
  • Jetted Tub in Primary Bathroom

About This Home

As of November 2023

Discover one of the Florida Gulf Coast’s most elegant and desirable luxury Gulf-front communities in Mediterranean at Perdido Key! All residences in Mediterranean are 4 bedroom, 4.5 bath units with secure owner elevator access for the utmost in privacy. Mediterranean #401E is a stunning east corner unit with 3,383 sq. ft. of living area. A jaw-dropping 1,400+ sq. ft. wraparound balcony, newly refinished in 2023, spans the full length of this fully-furnished home and provides balcony access from all bedrooms. The living room invites comfort and ease with reclining leather sofas, and the kitchen is a chef’s dream with a built-in refrigerator, double oven, cooktop, and two bar areas. New double dishwasher! Thoughtful touches like a built-in desk and abundant cabinets make this space even more functional. The Gulf-front primary bedroom has a Sleep Number customizable bed, and with its wall of windows, the room offers an inspiring vista to wake up to every day! The primary bathroom ensuite features a jacuzzi tub, walk-in closet, double vanity, and tile and glass shower. Each guest room has an adjoining bathroom with stone countertops and tile shower/baths. Other interior highlights include travertine floors in the living area, floor-to-ceiling windows/doors, recessed lighting, crown molding, and a bar area with a new ice maker. The condo conveys with an owner’s storage enclosure, a beach-side locker, and a deeded, covered parking spot directly across from the entrance. Mediterranean is in the last stages of a renovation project-new roof, railings, coatings, glass, sealing, and more! Mediterranean’s top-notch amenities include a heated indoor/outdoor pool, fitness center, sauna, owner’s lounge, kitchen, and meeting room with wireless internet. And don’t forget that Mediterranean is just steps from the world-famous Flora-Bama where, from your balcony, you can enjoy a premium seat for skydiving Santa and fireworks on New Year’s Eve! A 1-Year Home Warranty is being provided!

Last Listed By

Katy Lonowski Norris

RE/MAX of Orange Beach Listed on: 10/05/2023

RE/MAX of Orange Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,018

Year Built

  • Built in 2005

Lot Details

  • Property fronts gulf or ocean
  • Landscaped

HOA Fees

  • $1,975 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Built-Up Roof
  • Stucco Exterior

Interior Spaces

  • 3,383 Sq Ft Home
  • 2 Elevators
  • Furnished
  • High Ceiling
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Living Room
  • Combination Kitchen and Dining Room
  • Storage
  • Utility Room
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Double Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Dryer
  • Washer

Parking

  • Covered Parking
  • Parking Lot
  • Deeded Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Wrap Around Balcony

Schools

  • Not Baldwin County Elementary And Middle School

Utilities

  • Central Heating and Cooling System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 01-4S-33-1011-050-001

Community Details

Overview

  • Association fees include pool, management, cable, common area insurance, common area maintenance, clubhouse, custodial services, internet, pest control, recreational facilities, reserve funds, security, taxes-common area, trash, water/sewer
  • Mediterranean At Perdido Key Community
  • The community has rules related to covenants, conditions, and restrictions
  • 11-Story Property

Amenities

  • Sauna
  • Meeting Room
  • Community Wi-Fi

Recreation

  • Fitness Center
  • Community Indoor Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,018

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,975 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab
  • Construction Status: Resale
  • Home Warranty: Yes
  • Property Amenities: Cable, Ceiling Fan(s), Condo Balc Grill Allowed, Private Elevator, High Ceilings, Internet, Split Bedroom Plan, Storage-In, Window Treatments, Wrap Around Balcony
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Condo
  • Type of Unit: Corner Unit
  • View: Direct Gulf Front
  • Zoning Area: Single Family Residence
  • Owners Association: Yes
  • Parcel Id Tax Id: 01-4S-33-1011-050-001
  • Year Built: 2005
  • Geo Subdivision: FL
  • Governing Municipality: Escambia (Florida) County
  • Living Room Group: Living Room
  • Property Legal Description: UNIT 401-E MEDITERRANEAN AT PERDIDO KEY 1/40 INT COMMON ELEMENTS & PARKING SPACE 39 & STORAGE 17 & 4
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Cooktop, Dishwasher, Double Oven, Disposal, Dryer, Refrigerator W/Ice Maker, Icemaker, Microwave, Smoke Detector, Washer
  • Estimated Living Area: 3383
  • Bathrooms: 4
  • Bedroom 2: Dimensions: 12'5"x12'5", On Level: Main Level
  • Bedroom 3: Dimensions: 13'x15'9", On Level: Main Level
  • Bedroom 4: Dimensions: 11'10"x18'10", On Level: Main Level
  • Bedrooms: 4
  • Dining Area: Dimensions: 15'4"x12'10", On Level: Main Level
  • Dining Area Type: Breakfast Bar, Dining/Kitchen Combo
  • Elevators: 2
  • Fireplace: No Fireplace
  • Floors: Carpet, Natural Stone
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 8'6"x18'5", On Level: Main Level
  • Living Room: Dimensions: 21'4"x26'5", On Level: Main Level
  • Master Bed: Dimensions: 14'7"x26'1", On Level: Main Level
  • Other Rooms: Foyer, Utility Room-Inside
  • Price Per Sq Ft: 560.15
  • Property Interior Stories: 1
  • Unit Floor: 4
  • Primary Bedroom Bathrooms: 1st Floor Primary, Balcony/Patio, Double Vanity, Direct Gulf View-Primary, Jetted Tub, Private Water Closet, Separate Shower, Sitting Area, Walk In Closet

Exterior Features

  • Body Of Water: Gulf Of Mexico
  • Exterior Finish: Glass, Stucco
  • Roof: Built Up Flat
  • Waterfront: Yes
  • Water Property Type: Gulf Front - Building

Garage/Parking

  • Garage Parking: Condo: Covered Parking, Condo: Deeded Parking, Condo: Lot Parking

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Sewage-City, Total Electric, Water-City

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 1975
  • Association Fees Include: Pool, Association Management, Cable, Common Area Insurance, Common Area Maintenance, Clubhouse, Custodial Services, Internet, Pest Control, Recreational Facilities, Reserve Funds, Security, Taxes-Common Area, Trash, Water/Sewer
  • Community Amenities: Condo 4-Bdrms In Complex, Covered Entry, Exercise Room, Internet, Pool - Indoor, Landscaping, Meeting Room, Pool - Outdoor, Pets - Owners Only, Steam/Sauna, Gated, Water Access-Deeded
  • Condo Building Stories: 11
  • Condo Complex: Mediterranean At Perdido Key

Schools

  • Elementary School: Not Baldwin County
  • Middle School: Not Baldwin County
  • High School: Not Baldwin County

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Lot Info

  • Lot Block Unit: 401E
  • Lot Description: Waterfront

Rental Info

  • Furnished: Yes

Tax Info

  • Property Taxes: 11017.73
  • Assessor Parcel Number: 104650025

MLS Schools

  • Elementary School: Not Baldwin County
  • HighSchool: Not Baldwin County
  • Middle School: Not Baldwin County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Nov 3, 2023
Sold by
Zaheri Kamran and Zaheri Rebecca C
Bought by
Pitman Andrew and Pitman Elizabeth
Seller's Agent
Katy Lonowski Norris
RE/MAX of Orange Beach
Buyer's Agent
Rick Phillips
Advantage Real Estate
List Price
$1,895,000
Sold Price
$1,895,000
Total Days on Market
2
Views
18
Current Estimated Value
$1,955,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,565
Avg. Annual Appreciation
0.44%
Original Mortgage
$200,000
Outstanding Balance
$197,586
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$1,709,812

Purchase Details

Listed on
Mar 13, 2017
Closed on
Dec 18, 2017
Sold by
Clc Mark Llc
Bought by
Zaheri Kamran and Zaheri Rebecca C
Seller's Agent
Tucker Shaver
Signature Properties
Buyer's Agent
Katy Lonowski Norris
RE/MAX of Orange Beach
List Price
$999,000
Sold Price
$970,000
Premium/Discount to List
-$29,000
-2.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.15%
Original Mortgage
$570,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2017
Closed on
Dec 15, 2017
Sold by
Clc Mark Llc
Bought by
Not Provided
Seller's Agent
Tucker Shaver
Signature Properties
Buyer's Agent
Katy Lonowski Norris
RE/MAX of Orange Beach
List Price
$999,000
Sold Price
$970,000
Premium/Discount to List
-$29,000
-2.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2009
Sold by
Bolton Jeffrey C
Bought by
Guillaud Starring Mark Gerard and Guillaud Starring Laure

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pitman Andrew $1,895,000 Coastal Land Title
Zaheri Kamran $970,000 Coastal Land Title Llc
Guillaud Starring Mark Gerard $807,000 Southern Escrow & Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pitman Andrew $200,000
Previous Owner Zaheri Kamran $570,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $1,895,000 0.0% $560 / Sq Ft
10/07/2023 10/07/23 Pending -- -- --
10/05/2023 10/05/23 For Sale $1,895,000 +95.4% $560 / Sq Ft
01/02/2018 01/02/18 Sold $970,000 -4.4% $287 / Sq Ft
11/17/2017 11/17/17 Pending -- -- --
10/17/2017 10/17/17 Price Changed $1,014,900 +1.6% $300 / Sq Ft
03/13/2017 03/13/17 For Sale $999,000 -- $295 / Sq Ft
Source: Baldwin REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,188 $1,556,180 -- $1,556,180
2023 $11,188 $879,311 $0 $0
2022 $11,018 $853,700 $0 $0
2021 $7,601 $580,184 $0 $0
2020 $11,335 $862,665 $0 $0
2019 $11,510 $828,835 $0 $0
2018 $12,456 $879,580 $0 $0
2017 $8,034 $552,000 $0 $0
2016 $8,170 $552,000 $0 $0
2015 $8,276 $552,000 $0 $0
2014 $8,222 $541,666 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Baldwin REALTORS®

MLS Number: 352636

Baldwin REALTORS®

APN: 01-4S-33-1011-050-001