This newly renovated home offers a perfect blend of modern comfort and charm, ideally located to enjoy all that Pensacola has to offer. With easy access to Downtown Pensacola, Pensacola Beach, and Perdido Key, you'll be just a short walk from the waterfront neighborhood park on Bayou Chico, a short drive to the Mahogany Mill Public Boat Ramp, Island Cove Marina and Pelican's Perch Marina, and just down the road from Pensacola Country Club. Whether you're PCSing to Pensacola NAS, downsizing, looking for a starter home, or seeking a long-term rental property, this home offers convenience and value. Plus, there are currently no restrictions for short-term vacation rentals, and no HOA. Recently updated with a brand-new HVAC system, hot water heater, flooring, paint, lighting fixtures, faucets, ceiling fans, kitchen countertops, back door, and appliances, this home is truly move-in ready. The large laundry room has washer/dryer hookups and additional storage shelves. The attractive new front entry deck adds to the home’s welcoming appeal. The newly installed roof not only boosts the home's aesthetic but can also lower insurance premiums, potentially qualifying you for discounts and providing long-term savings and peace of mind. Situated on just over 1/4 acre of land, the home features a spacious fenced yard, an outdoor storage building perfect for lawn equipment, bikes, and other essentials, plus a paver patio just off the back steps—ideal for lawn chairs and grilling. There’s plenty of room for parking a small boat or trailer as well. This affordable property is also an excellent choice for first-time homebuyers, with potential eligibility for down payment and closing cost assistance programs. Don't miss the chance to own this beautiful home in an unbeatable location—schedule a tour today!
Sold for $206,000 on 04/02/25
$206,000
501 Lakewood Rd, Perdido Key, FL 32507
3beds
1,191sqft
Single Family Residence
Built in 1949
10,872.58 Square Feet Lot
$206,000 Zestimate®
$173/sqft
$1,994 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 02, 2025 at 01:47pm
Listed by:
Patricia Sarfert 850-449-0908,
Coldwell Banker Realty
Bought with:
Amy Timko
HomeSmart Sunshine Realty
Tonilyn Prochnow
HomeSmart Sunshine Realty
Source: PAR,MLS#: 659001

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: First
- Area: 113.44
- Dimensions: 11.25 x 10.08
Bedroom 1
- Level: First
- Area: 137.25
- Dimensions: 15.25 x 9
Bedroom 2
- Level: First
- Area: 115.5
- Dimensions: 12.83 x 9
Dining room
- Level: First
- Area: 140.93
- Dimensions: 12.17 x 11.58
Kitchen
- Level: First
- Area: 76.67
- Dimensions: 10 x 7.67
Living room
- Level: First
- Area: 233.44
- Dimensions: 20.75 x 11.25
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Water Heater, Dishwasher, Refrigerator
- Laundry: Inside, W/D Hookups, Laundry Room
Features
- Bar, Ceiling Fan(s), High Speed Internet
- Flooring: Tile, Simulated Wood
- Windows: Double Pane Windows, Blinds
- Has basement: No
Interior area
- Total structure area: 1,191
- Total interior livable area: 1,191 sqft
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Pool features: None
- Fencing: Back Yard,Chain Link,Privacy
Lot
- Size: 10,872 sqft
- Dimensions: 150 x 75
- Features: Central Access
Details
- Additional structures: Yard Building
- Parcel number: 592s301000005021
- Zoning description: County,Res Single
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Off Grade
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1949
Utilities & green energy
- Electric: Circuit Breakers, Copper Wiring
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Green energy
- Energy efficient items: Insulation
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Perdido Key
- Subdivision: Lakewood
HOA & financial
HOA
- Has HOA: No
Services availability

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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$206,000
2% more+ $4,120
With Zillow Showcase(estimated)
$210,120