Own a slice of paradise with this beautiful waterfront lot on the Intracoastal Waterway in the gated island community of Russell Bayou where you will enjoy gorgeous water views, sunrises and sunsets! Russell Bayou offers an Old Florida Lifestyle feel with amenities such as swimming pool, tennis court, underground utilities, nature trail, bent oaks and mature natural foliage perfectly placed amongst a very peaceful and serene island community of higher end homes. The lot is perfectly placed near the end of a cul-de-sac with very little traffic! Located just north of Perdido Key a few minutes to the gulf by boat. This is a special opportunity to own one of the best lots in Russell Bayou. The lot is generally cleared and ready to build a home with no hindering wetlands. Make sure to drive by the community pool at 16293 Narwhal Drive. The Pool is on a waterfront lot and has a pool and pool house overlooking the bayou at the end of the cul-de-sac.
Property Details
Property Features
Listing Office:
Office Name: RE/MAX HORIZONS REALTY
Office Phone: (850) 476-6000
Listing Agent: Kenneth Payne
Exterior Features
Exterior Information:
Waterfront: Waterfront
Lot Features
Lot Information:
Lot Size: 0.26 Acres
School Info
Assigned Schools Information:
Escambia High School, Public District Grades 9-12
Escambia Virtual Academy Franchise, Public District Grades 5-12
Jim C. Bailey Middle School, Public District Grades 6-8
Hellen Caro Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: Innerarity Pt Rd to left on Boca Ciega left on Narwhal, right on Tarpon Drive
Price Information
Listing Price Info
Price Summary:
List Price: $435,000
Tax Information:
Annual Amount: $2,182
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Pensacola, FL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,239
Per Month
Principal & Interest
$2,172
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,371
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
8
/10
Hellen Caro Elementary School
12551 Meadson Rd
Distance between this listing and this school4.81 miles
Public District Grades PK-5
Middle School
2
/10
Jim C. Bailey Middle School
4110 Bauer Rd
Distance between this listing and this school4.99 miles
Public District Grades 6-8
High School
2
/10
Escambia High School
1310 N 65th Ave
Distance between this listing and this school13.31 miles
Public District Grades 9-12
7
/10
Escambia Virtual Academy Franchise
30 E Texar Dr
Distance between this listing and this school17.91 miles
Public District Grades 5-12
Assigned Schools
8
/10
Hellen Caro Elementary School
12551 Meadson Rd
Distance between this listing and this school4.81 miles
Public District Grades PK-5
Nearby Schools
6
/10
Orange Beach Elementary School
4900 S Wilson Blvd
Distance between this listing and this school4.86 miles
Public District Grades KG-6
5
/10
Blue Angels Elementary School
1551 Dog Track Rd
Distance between this listing and this school8.74 miles
Public District Grades PK-5
Assigned Schools
2
/10
Jim C. Bailey Middle School
4110 Bauer Rd
Distance between this listing and this school4.99 miles
Public District Grades 6-8
Nearby Schools
1
/10
Elberta Middle School
13355 Main St
Distance between this listing and this school10.43 miles
Public District Grades 4-8
10
/10
Gulf Shores Middle School
450 E 15th Ave
Distance between this listing and this school12.36 miles
Public District Grades 7-8
Assigned Schools
2
/10
Escambia High School
1310 N 65th Ave
Distance between this listing and this school13.31 miles
Public District Grades 9-12
7
/10
Escambia Virtual Academy Franchise
30 E Texar Dr
Distance between this listing and this school17.91 miles
Public District Grades 5-12
Nearby Schools
2
/10
Gulf Shores High School
600 East 15th Ave
Distance between this listing and this school12.12 miles
The neighbors living near this home have an average income of $67,574. Residents of Pensacola, FL typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 16159 Tarpon Dr
What is the listing price of this property?
The listing price of 16159 Tarpon Dr property is $435,000.
What type of property is this?
The property 16159 Tarpon Dr is land located in Pensacola, Florida, 32507.
Is this property for sale now?
Active Listing: 16159 Tarpon Dr is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 16159 Tarpon Dr are: Hellen Caro Elementary School: GreatSchools Rating 8/10Jim C. Bailey Middle School: GreatSchools Rating 2/10Escambia High School: GreatSchools Rating 2/10Escambia Virtual Academy Franchise: GreatSchools Rating 7/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $2,182 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 3, 2020 for $252,500. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 16159 Tarpon Dr in Pensacola, FL and zip code 32507 in the Perdido Bay neighborhood. This home sits on a 0.26 acre lot. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $435,000.
Pensacola, FL housing market in September 2024 saw over 38 listings sold above listed price, more than 66 sold at listed price and over 174 sold below. In September 2024 in Pensacola, FL there were 1.6% more homes for sale than in August 2024. In September 2024, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $287,549.
From Rocket Homes Real Estate and based on county public records data.