Check Availability
$1,990,000
↓ $10K (0.5%)
House - For Sale

7213 Flood Reef

Pensacola, FL 32507
bedrooms
8 Beds
bathrooms
6 Baths
square feet
4043 Sqft
$10,572
Estimated Monthly
$800
HOA / Fees

About This Property

Indulge in the unparalleled beauty of Perdido Key and Old River with this exquisite 4200 sq ft QUADPLEX boasting an unobstructed view of the water. Nestled on over 130 feet of canal waterfront, this property features two docks with deep water access, providing the perfect haven for water enthusiasts. This fully-furnished investor's dream has been beautifully maintained throughout the 4 different units. Live in one unit and rent out the other 3! The 4-car garage ensures ample space for your vehicles, bikes, toys, or watercrafts. Just a 200-yard stroll down the street leads you to the sugar-white sands and turquoise waters of Perdido Key Beach on the Gulf of Mexico. Unit 1 is a 3-bedroom, 2-bath unit boasting a full kitchen, a spacious living room, and a charming Florida room with breathtaking views of Old River. Entertain guests on the dockside patio, barbecue in style, or indulge in a bit of fishing from your private dock. Unit 2, a 1600 sq ft haven, also features a separate deep water dock. This 3-bedroom, 2-bath unit offers a full kitchen, a cozy living room, and an open upper porch for soaking in the splendid sunsets and views of the Gulf and Old River. The dockside patio beckons for outdoor gatherings and impromptu fishing adventures. For a more intimate retreat, Units 3 and 4 are two charming 750 sq ft studio "bungalow-type" apartments. Each has 1-bedroom, 1-bath suite on the ground level boasts a full kitchen, a comfortable living and dining area, and a deck with captivating views. Witness stunning sunsets from the water side patio-deck and savor the tranquility of this special property. Every one of the 4 units has a washer and dryer! A must-see, this property is perfect for those seeking a delightful vacation where each part of the family has their own private area or it could be an amazing investment opportunity. Immerse yourself in the unique charm and endless possibilities offered by this exceptional waterfront residence.

The manager has listed the unit size as 4043 square feet.
Unit Size
4,043Ft²
Days on Market
138 days
Land Size
0.30 acres
Price per sqft
$492
Property Type
House
Property Taxes
-
HOA Dues
$800
Year Built
1984

Listed By

JENNY RUSHING
Berkshire Hathaway Home Services PenFed Realty
Last updated: 3 months ago (PARFL #638502)

Price History

Date / Event Date Event Price
Mar 11, 2024 Price Decreased $1,990,000
↓ $10K (0.5%)
Price Decreased
Jan 9, 2024 Listed by Berkshire Hathaway HomeServices PenFed Realty $2,000,000
Listed by Berkshire Hathaway HomeServices PenFed Realty
Sep 11, 2020 Sold to Morgan Wieczorek, Steven Wi... $700,000
Sold to Morgan Wieczorek, Steven Wi...
Jun 2, 2020 No longer available -
No longer available
Nov 17, 2018 Listed $810,000
Listed
Paradise in Perdido! This Boaters Dream is a great investment property with a strong rental income. Just across from the beach, This location is the best of both worlds - faces 130' of direct canal waterfront with waterfront decks and hot tub for studio apt.. Boat dockage provides for a 45' or 2 large boats in deep water, as well as a boat lift. A rare property offering 3 units providing a strong total average income per year. - a boaters dream! dock your boat, Live in one unit and rent…
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • Construction Type: Wood
  • Building Style: Multifamily
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 2,432
  • Parking Space Count: 8

    Dimensions

  • Lot Size Square Feet: 12,946
  • Total Building Area: 6,068
  • Gross Building Area: 6,068
  • Building Area: 3,636
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,636
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PERDIDO KEY COVES UNIT #1
  • Land Acres: 0.297
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: LT 53 PERDIDO KEY COVES UNIT NO 1 PB 7 P 26 OR 8367 P 411

Ownership

  • Current Owner : WIECZOREK STEVEN
  • Current Owner 2: WIECZOREK MORGAN
  • Previous Owner : FRECHETTE PAUL A
  • Previous Owner 2: FRECHETTE ANNE G
  • Owner Before Previous Owner: MCCALLUM JAMES A

Neighborhood

  • School District Name: Escambia County School District
  • Census Tract: 002602

Zoning

  • Zoning: MDR-PK

Geography

  • Assessors Map Reference: 32-3S-32
  • Account Number: 104598270
  • Parcel: 32-3S-32-1100-000-053
  • Block: 53
  • Lot: 53
  • Meridian: SEC 32 TWN 03S RNG 32W
  • Municipality: ESCAMBIA COUNTY
  • Latitude: 30.2921
  • Longitude: -87.473

    Address

  • Full Address: 7213 Flood Reef
  • Address - House Number: 7213
  • Address - Street Name: Flood Reef
  • State: FL
  • City Name: Pensacola
  • Carrier Code: R039
  • 4-Digit Zip Code: 9574
  • Zip Code: 32507

Valuation

    Tax

  • Total Area: 3,636
  • Tax Year: 2022
  • Tax Amount: $14,644
  • Tax Rate Code Area: MSTU

    Appraisal Valuation

  • Standard Deviation: 0.4881
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 2
  • Final Value: 1,535,083
  • High Value: 2,284,507
  • Low Value: 785,658

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $525,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Sep 11, 2020
  • First Open Lien Mortgage Loan Amount: $525,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $1,207,198
  • Market Land Value: $255,000
  • Market Improvement Value: $952,198

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,207,198
  • Assessed Land Value: $255,000
  • Assessed Improvements Value: $952,198

    Sales

  • Current Sale Contract Date: Sep 09, 2020
  • Current Sale Recording Date: Sep 11, 2020
  • Current Sale Transaction ID: 11788820959
  • Current Sale Price: $700,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020075828
  • Previous Sale Recording Date: Dec 11, 2002
  • Previous Sale Contract Date: Dec 06, 2002
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Sep 11, 2020
  • First Mortgage Loan Amount: $525,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PEOPLES 1ST COM BK
  • Previous Mortgage Transaction Date: Dec 11, 2002
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $260,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Perdido Key


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Frequently Asked Questions

When was property at 7213 Flood Reef built and last sold?
The property at 7213 Flood Reef was built in 1984 and last sold on Sep 9, 2020 for $700,000.
How much is this home worth?
The estimated value of the home located at 7213 Flood Reef is $2,020,000.
What are some comparable homes to 7213 Flood Reef?
There are currently no comparable homes to 7213 Flood Reef.

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