3 months on rocket

7213 Flood Reef, Pensacola, FL, 32507

$1,899,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
6 Full Baths
4,043 SqFt
$470/SqFt
House

Location

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7213 Flood Reef, Pensacola$1,899,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking4 or More Car Garage, Boat, Front Entrance, Golf Cart Garage, Oversized
Attached GarageYes
Year Built1984
HeatingMulti Units, Central
CoolingMulti Unit(s), Central Air, Ceiling Fan(s)
WaterfrontCanal, Waterfront
ViewCanal, Water
MLS #638502
Lot Size0.30 Acres
StatusActive

About 7213 Flood Reef

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 investors 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.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1984
  • Stories: 2
  • Living Area: 4,043 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway Home Services PenFed Realty
  • Office Phone: (850) 932-6278
  • Listing Agent: Jenny Rushing

Interior Features

Interior Information:

  • Appliances: Water Heater, Electric Water Heater, Dryer, Washer, Dishwasher, Disposal, Microwave, Refrigerator
  • Flooring Type: Tile, Simulated Wood
  • Interior: Storage, Baseboards, Ceiling Fan(s), High Speed Internet, In-Law Floorplan, Recessed Lighting, Guest Room/In Law Suite

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Waterfront: Canal, Waterfront
  • View: Canal, Water
  • Exterior: Balcony, Dock

Parking Information:

  • Attached Garage: Yes
  • Parking: 4 or More Car Garage, Boat, Front Entrance, Golf Cart Garage, Oversized

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Interior Lot
  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Multi Units, Central
  • Cooling: Multi Unit(s), Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: From Perdido Key Drive turn on Flood Reef. Home is at end of cul-de-sac.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,899,000
  • Price Per SqFt: $470/SqFt

HOA Fees:

  • Amount: $800
  • Frequency: Annually

Tax Information:

  • Annual Amount: $8,822
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Pensacola, FL.

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Pensacola, FL

City

Med. Sold Price

$286.5K

Med. Price/SqFt

$177

Avg. Days On Market

62

# of Sold Homes

314

7213 Flood Reef vs Pensacola

114 DAYS ON ROCKET

+52 Days

$1,899,000

+$1.6M More

$470/SqFt

+$292 More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price and $292/SqFt more than other homes in Pensacola, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Pensacola MLS
  • MLS Number: #638502

Listing Office:

  • Office Name: Berkshire Hathaway Home Services PenFed Realty
  • Office Phone: (850) 932-6278
  • Listing Agent: Jenny Rushing

Copyright © 2024 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 10:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 11, 2020Home Sold
$700,000
Dec 11, 2002Home Sold
$375,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,822$843,286
2019$7,431$422,186
2018$5,250$668,401

History based on county public records data.

Payment Calculator

$9,611

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,760

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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.

Nearby Schools

school-card-donut-580530
7
/10

  • Hellen Caro Elementary School

  • 12551 Meadson Rd

  • 5.35 miles

  • Public District Grades KG-5

school-card-donut-580531
7
/10

  • Pleasant Grove Elementary School

  • 3000 Owen Bell Ln

  • 9.15 miles

  • Public District Grades KG-5

school-card-donut-580532
4
/10

  • Blue Angels Elementary School

  • 1551 Dog Track Rd

  • 9.45 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $115,809. Most Pensacola, FL residents have annual incomes between $100k-200k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7213 Flood Reef

What is the listing price of this property?

The listing price of 7213 Flood Reef property is $1,899,000.

What type of property is this?

The property 7213 Flood Reef is a house located in Pensacola, Florida, 32507.

Is this property for sale now?

Active Listing: 7213 Flood Reef is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,822 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 11, 2020 for $700,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7213 Flood Reef has 8 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 7213 Flood Reef is 4,043 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7213 Flood Reef is 1984.

Rocket Homes›Florida›Escambia County›Pensacola›32507›7213 Flood Reef

This home is located at 7213 Flood Reef in Pensacola, FL and zip code 32507 in the Perdido Key neighborhood. This 4,043 square foot home, which was built in 1984, sits on a 0.30 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $1,899,000.

In October 2024, from all listings sold in Pensacola, FL there were more than 36 sold above asking price, over 163 sold below and more than 85 were sold right at the asked price. The number of homes for sale in Pensacola, FL increased by 4.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 62 days, the median list price was $286,592.

From Rocket Homes Real Estate and based on county public records data.

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