WATERFRONT PARADISE DIRECTLY ON THE INTRACOASTAL WATERWAY WITH PANORAMIC VIEWS AND PRIVATE BOAT DOCK! Prepare to be captivated by this stunning waterfront residence nestled in the desirable, gated community of Russell Bayou on Innerarity Island. Offering breathtaking views of the Intercoastal Waterway, Ono Island, and Perdido Key, this home is an entertainer's dream and a boater's delight! Step inside and be greeted by an expansive and open-concept living area. The kitchen boasts a large island complemented by sleek stainless steel appliances and plenty of cabinetry. The living room features a lovely triple sliding glass door that opens to an enormous deck, your private oasis for enjoying the water views. Also located on this main level are two generously sized bedrooms with en-suite bathrooms. Ascend to the third floor, dedicated entirely to the primary suite. This private sanctuary includes a laundry room, dual walk-in closets with custom built-in organization, and private balcony where you can savor your morning coffee or evening sunsets. The primary bath features separate sinks and vanities, a relaxing jetted tub, and an oversized tiled shower. The ground floor offers incredible functionality with a closed-in garage space providing ample parking and storage, and feature four garage doors for easy access from the front and rear of the home so you can conveniently bring your boating or fishing gear from the garage to the dock. An interior entrance leads directly into the main living area, offering convenience and security. Additional features include an energy efficient mini-split HVAC system, irrigation system with well, and thoughtfully pre-built design space to incorporate an elevator reaching all three levels of the home. Residents of Russell Bayou enjoy access to a community pool and tennis courts as well as the added security of being a gated community within the gated community of Innerarity Island. This is more than just a home; it's a lifestyle!
Sold for $1,275,000 on 08/19/25
$1,275,000
16231 Tarpon Dr, Perdido Key, FL 32507
3beds
2,568sqft
Single Family Residence
Built in 2012
0.25 Acres Lot
$1,328,900 Zestimate®
$496/sqft
$3,204 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 19, 2025 at 10:31am
Listed by:
Katherine Justice 850-712-4631,
Levin Rinke Realty,
Kelley Thompson 850-982-8266,
Levin Rinke Realty
Bought with:
Kelley Thompson
Levin Rinke Realty
Source: PAR,MLS#: 665235

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Bedroom
- Level: Second
- Area: 141.83
- Dimensions: 12.33 x 11.5
Bedroom 1
- Level: Second
- Area: 141.83
- Dimensions: 12.33 x 11.5
Heating
- Wall/Window Unit(s)
Cooling
- Multi Units, Ceiling Fan(s)
Appliances
- Included: Electric Water Heater, Built In Microwave, Disposal, Refrigerator, Oven
- Laundry: Inside
Features
- Bar, Ceiling Fan(s), Crown Molding, High Ceilings, Recessed Lighting
- Flooring: Tile, Carpet, Simulated Wood
- Windows: Blinds
- Has basement: No
Interior area
- Total structure area: 2,568
- Total interior livable area: 2,568 sqft
Property
Parking
- Total spaces: 2
- Parking features: 2 Car Garage
- Garage spaces: 2
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Covered Deck
- Exterior features: Balcony, Irrigation Well, Dock
- Pool features: None, Community
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Intracoastal Waterway, Waterfront, Beach Access, Boat Lift, Deed Access, Natural, Pier
- Frontage length: Water Frontage(72)
Lot
- Size: 0.25 Acres
- Dimensions: 72x143
Details
- Parcel number: 153s323000320008
- Zoning description: County,Res Single
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Pillar/Post/Pier
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 2012
Utilities & green energy
- Electric: Circuit Breakers
- Water: Public
Community & neighborhood
Community
- Community features: Gated, Tennis Court(s)
Location
- Region: Perdido Key
- Subdivision: Russell Bayou
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $825 annually
- Services included: Association, Recreation Facility
Other
Other facts
- Road surface type: Paved
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$1,328,900
2% more+ $26,578
With Zillow Showcase(estimated)
$1,355,478