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 close 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
Sold for $710,000 on 03/28/25
$710,000
13661 Perdido Key Dr UNIT 402, Perdido Key, FL 32507
2beds
1,438sqft
Condominium
Built in 2001
-- sqft lot
$706,000 Zestimate®
$494/sqft
$2,057 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 28, 2025 at 08:53am
Listed by:
Ramone Silvera 954-330-3095,
Salty Marlin Realty
Bought with:
Rebecca Wilson
RE/MAX OF GULF SHORES
Source: PAR,MLS#: 645377

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bathroom
- Level: First
Kitchen
- Level: First
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Water Heater, Dishwasher, Disposal, Microwave, Refrigerator
Features
- Ceiling Fan(s), Wet Bar
- Flooring: Tile
- Doors: Storm Door(s)
- Windows: Storm Window(s)
- Has basement: No
Interior area
- Total structure area: 1,438
- Total interior livable area: 1,438 sqft
Property
Parking
- Parking features: 2 Space/Unit
Features
- Levels: One
- Stories: 1
- Has private pool: Yes
- Pool features: In Ground
- Has spa: Yes
- Spa features: Private, Bath
- Has view: Yes
- View description: Gulf, Water
- Has water view: Yes
- Water view: Gulf, Water
- Waterfront features: Gulf, Waterfront, Beach Access
Details
- Parcel number: 353s324200000018
- Zoning description: Res Multi
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Condominium
Materials
- Concrete
- Foundation: Slab
- Roof: Flat
Condition
- Resale
- New construction: No
- Year built: 2001
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Insulated Walls
Community & neighborhood
Location
- Region: Perdido Key
- Subdivision: Palacio
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $10,862 annually
- Services included: Cable TV, Maintenance Grounds, Maintenance, Management, Trash, Water/Sewer
Services availability

Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$706,000
2% more+ $14,120
With Zillow Showcase(estimated)
$720,120