RARE DUAL-WATER LOT — GULF & SOUND ACCESS. There's no other community like this one in the area. Perdido Key Coves offers what almost nothing else on Perdido Key can: canal access to Old River (the Sound) and proximity to the Gulf of America, plus deeded community beach access. This particular lot is one of the special few that delivers true two-way water access directly on the property — canal-front with an existing boat dock and lift already in place, and positioned directly across the street from the deeded beach access to the Gulf. For a serious boater, this is the holy grail: step out your back door onto your own dock for calm-water cruising, fishing, or paddling on the canal, then walk across the street to the sugary white sand and emerald waters of the Gulf in minutes — no driving or gulf cart required. This lot is also one of the largest left available to purchase in the community, with plenty of room to design a custom home and still leave space for a pool. Build to capture unobstructed water views from virtually every room, front to back. The Gulf-facing side borders Perdido Key State Park, with access to nearly two miles of protected shoreline offering wide stretches of natural, sugary white sand — a level of view protection and natural beauty that's rare. The community also features a private, fenced multi-use recreation area with pickleball and tennis courts, and benefits from HOA dues of only $400/year, covering street lighting, entrance maintenance, and periodic dredging of the community canals to help preserve boat access. Emergency services are located within a half mile of the lot, adding peace of mind. This lot combines waterfront, size, and unmatched beach proximity backed by protected parkland shoreline — a rare chance to secure one of the best-located, largest remaining waterfront homesites in a community unlike any other on Perdido Key.
Lot/land
$1,500,000
7268 Sharp Reef Rd, Pensacola, FL 32507
--beds
--baths
0.39Acres
Unimproved Land
Built in ----
0.39 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Deeded community beach access
- 46 days
- 139
- 12
Zillow last checked:
Listing updated:
Listed by:
Anabella Owens 504-390-3722,
POINTE SOUTH
Source: PAR,MLS#: 687544
Facts & features
Interior
Features
- Has basement: No
Property
Features
- Exterior features: Boat Slip, Dock
- Has view: Yes
- View description: Canal, Gulf, Sound, Water
- Has water view: Yes
- Water view: Canal, Gulf, Sound, Water
- Waterfront features: Canal Front, Waterfront, Block/Seawall, Beach
- Frontage length: Road Frontage(220)
Lot
- Size: 0.39 Acres
- Dimensions: 145 x 110 x 110 x 131 x 29.2
- Features: Central Access, Corner Lot, Cleared
Details
- Parcel number: 323s321100000060
- Zoning description: Res Single
Utilities & green energy
- Water: Public
- Utilities for property: Natural Gas Connected, Sewer Available
Community & HOA
Community
- Features: Tennis Court(s)
- Subdivision: Perdido Key Coves
HOA
- Has HOA: Yes
- Services included: Association, Maintenance Grounds
Location
- Region: Pensacola
Financial & listing details
- Price range: $1.5M - $1.5M
- Date on market: 8/15/2026
- Cumulative days on market: 47 days
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2026 | Listed for sale | $1,500,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 32507
Nearby schools
Schools provided by the listing agent
- Elementary: Hellen Caro
- Middle: BAILEY
- High: Escambia
Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







