Welcome to 16249 Bocaccio Drive, a prime homesite nestled within the exclusive gated community of Russell Bayou on Innerarity Island in Perdido Key, Florida. This exceptional parcel offers a rare opportunity to build your dream home on nearly a quarter-acre of land surrounded by the natural beauty of coastal Florida. Located on a quiet cul-de-sac, the lot offers elevated topography, providing natural drainage and potential for water views, depending on your home design. Mature trees and lush vegetation offer privacy and a tranquil, wooded backdrop. The property is bordered by protected nature preserve areas, enhancing your sense of seclusion and providing a habitat for native wildlife, including osprey, herons, and deer. Russell Bayou is a low-density, upscale coastal community known for its serene environment and high-quality development. As part of the Homeowners Association (HOA), residents enjoy access to a community pool, tennis courts, and nature trails. The HOA also maintains the gate and common areas, with an annual fee of approximately $504 ($42/month). Utilities are underground, and public water and sewer connections are available, making development straightforward. Whether you’re looking to build a full-time residence or a peaceful second home, 16249 Bocaccio Dr offers the ideal blend of privacy, security, and proximity to Perdido Key beaches, Big Lagoon State Park, and Pensacola’s amenities.
Lot/land
$130,000
16249 Bocaccio Dr, Perdido Key, FL 32507
--beds
--baths
0.66Acres
Unimproved Land
Built in ----
0.66 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
High-quality developmentProtected nature preserve areasPotential for water viewsQuiet cul-de-sacPrime homesiteElevated topographySerene environment
- 85 days
- on Zillow |
- 109 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: July 16, 2025 at 10:38am
Listed by:
Elijah Alexander Dash 850-384-3837,
Alliance Real Estate,
Djone Mcintyre 504-301-7849,
Alliance Real Estate
Source: PAR,MLS#: 664139

Travel times
Facts & features
Interior
Features
- Has basement: No
Property
Lot
- Size: 0.66 Acres
Details
- Parcel number: 153s323000300001
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Innerarity Island
Location
- Region: Perdido Key
Financial & listing details
- Tax assessed value: $79,800
- Annual tax amount: $1,547
- Price range: $130K - $130K
- Date on market: 5/10/2025
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