For sale Condo

Listed Sep 7, 2026

$545,000 Est. $3,605/mo

16787 Perdido Key Drive E-402

  • 2

    Beds

  • 2

    Baths

  • 1,116

    Sq ft

The story

  • Pool
  • Waterfront

COME HOME TO BREATHTAKING, PANORAMIC VIEWS OVERLOOKING OLE RIVER AND ONO ISLAND FROM THIS 4TH FLOOR, 2BR, FURNISHED RIVERSIDE CONDO AT SHIPWATCH! ENJOY EASY BEACH ACCESS DIRECTLY ACROSS THE STREET ALONG WITH FULL BOATING FACILITIES….Relax and enjoy the boats go by from your extra-large balcony with over 230 sf. of outdoor living space. The open kitchen seamlessly connects to the main living and dining area, featuring white cabinetry and appliances, granite counter tops and spacious island. Cozy up to the fireplace at the heart of the living area. The primary bedroom not only boasts serene Ole River views but also includes a private bathroom complete with large walk-in tile shower and an extra-large walk-in closet. Shipwatch owners enjoy the best of both worlds with uncrowded beaches PLUS boat launch, boat storage and first-come, first-serve boat slips on the deep waters of Ole River. You also have plenty of room to store your beach, pool and boating supplies with two owner storage closets. Shipwatch has one of the strongest Homeowner Associations on the island and has excellent on-site management and maintenance staff. Other great amenities include two pools (Gulf and Riverfront), two clubhouses (Gulf and Riverfront), tennis courts, 2 brand new pickleball courts, fitness room, sauna, and indoor hot tub. RELAX AND WELCOME HOME TO LAID-BACK ISLAND LIFE!

Facts & features

Home type

Condo

Year built

1984

Lot size

10 acres

Price per sq ft

$488

HOA

$12,561 / annually

Included features

  • Pool

    Yes

  • Fireplace

    Yes

  • Cooling

    Ceiling Fan(s), Central Air

  • Heating

    Central, Fireplace(s)

  • Appliances

    Electric Water Heater, Dryer, Washer, Wine Cooler, Dishwasher, Disposal, Microwave, Refrigerator

  • Flooring

    Vinyl, Carpet, Simulated Wood

  • Lot Information

    Waterfront

  • Exterior

    Dock, Boat Slip

  • Water Source

    Public

  • Sewer

    Public Sewer

  • View

    Water

Mortgage calculator

Estimated monthly payment

$3,605 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $2,901
  • Property tax $545
  • Insurance $159

Includes principal, interest, taxes & insurance.

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Listing Broker

Levin Rinke Realty

Broker Name

Levin Rinke Realty

Agent

Katherine Justice