new - 4 days on rocket

7245 Flood Reef, Pensacola, FL, 32507

$1,800,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths
3,456 SqFt
$521/SqFt
House

Location

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7245 Flood Reef, Pensacola$1,800,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking2 Car Garage, Circular Driveway, Guest
Attached Garage2 spaces
Year Built2003
HeatingCentral
CoolingMulti Unit(s), Central Air, Ceiling Fan(s)
WaterfrontCanal, Waterfront, Beach, Boat Lift
FireplaceTwo or More, Master Bedroom
ViewCanal, Gulf, River, Water
MLS #655132
Lot Size0.28 Acres
StatusActive

About 7245 Flood Reef

VACATION OR STAY-CATION? INVESTMENT NOW, RETIREMENT LATER OR PERMANENT HOME? Dont just dream about a summer paradise, make it a reality! Listen to the waves wash in and stroll the shimmering white sands of the beach. This fabulous canal front home in the heart of Perdido Key has beautiful views of the cerulean waters of the Gulf of Mexico and Ole River from the many decks and windows. The simply irresistible boating and fishing waters allow easy access to the Intracoastal Waterway and the Gulf of Mexico through either Pensacola pass or Alabama pass. The home was built sturdy with a metal roof and lots of Pella windows and doors that flood the home with natural light. The entire interior and exterior of the home received fresh paint in 2022. The first floor features a huge bedroom with two twin/full bunk beds, a dining area, two closets, a full bath, and a separate walk in closet thats perfect for storing boating and fishing equipment. The open floor plan of the second floor features a large kitchen, living and dining area with a fireplace, a bedroom, full bath, and laundry closet. The kitchen was recently remodeled with new cabinetry, appliances, quartz countertops and luxury vinyl plank flooring. The master bedroom and bath, two additional bedrooms, and another full bath comprise the third floor. The master suite features a sitting area, fireplace, large walk-in closet and two decks for enjoying the breeze, sunshine, and water views. The en suite bath has a jetted soaking tub with a view of the fireplace, a double vanity, and a separate shower. The architect designed the home with the addition of a future elevator in mind. The home is wired for a security system and has surround sound in the living area and master bedroom. A two car garage and circular driveway make parking easy. Palm trees and live oak trees enhance the exterior of the home. You have to see it to appreciate everything this home has to offer. Call today for your private showing!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2003
  • Stories: 3
  • Living Area: 3,456 SqFt

Listing Office:

  • Office Name: POINTE SOUTH
  • Office Phone: (850) 492-1826
  • Listing Agent: Rhonda Landrum

Interior Features

Interior Information:

  • Appliances: Electric Water Heater, Dryer, Washer, Microwave, Dishwasher, Disposal, Refrigerator
  • Flooring Type: Tile
  • Interior: Storage, Baseboards, Bookcases, Ceiling Fan(s), High Ceilings, High Speed Internet, Recessed Lighting, Sound System, Walk-In Closet(s)
  • Fireplace: Two or More, Master Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Canal, Waterfront, Beach, Boat Lift
  • View: Canal, Gulf, River, Water
  • Exterior: Balcony, Dock

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: 2 Car Garage, Circular Driveway, Guest

Lot Features

Lot Information:

  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Travelling south, take the Theo Baars bridge to Perdido Key Drive. Take the first right from the roundabout to continue west past the firehouse and visitor center. Turn right on Flood Reef. Home is the third on the left with the circular drive. From Alabama take Perdido Key Drive and travel east of The Eden condominium for about a mile and turn left on Flood Reef.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,800,000
  • Price Per SqFt: $521/SqFt

HOA Fees:

  • Amount: $400
  • Frequency: Annually

Tax Information:

  • Annual Amount: $7,209
  • 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

7245 Flood Reef vs Pensacola

4 DAYS ON ROCKET

-58 Days

$1,800,000

+$1.5M More

$521/SqFt

+$343 More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $343/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: #655132

Listing Office:

  • Office Name: POINTE SOUTH
  • Office Phone: (850) 492-1826
  • Listing Agent: Rhonda Landrum

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: 11/18/2024, 10:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$7,209$520,074
2019$5,403$496,402
2018$5,401$415,236

History based on county public records data.

Payment Calculator

$9,084

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,463

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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-784148
7
/10

  • Hellen Caro Elementary School

  • 12551 Meadson Rd

  • 5.38 miles

  • Public District Grades KG-5

school-card-donut-784149
7
/10

  • Pleasant Grove Elementary School

  • 3000 Owen Bell Ln

  • 9.17 miles

  • Public District Grades KG-5

school-card-donut-784150
4
/10

  • Blue Angels Elementary School

  • 1551 Dog Track Rd

  • 9.49 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. The majority of Pensacola, FL residents have income between $100k-200k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7245 Flood Reef

What is the listing price of this property?

The listing price of 7245 Flood Reef property is $1,800,000.

What type of property is this?

The property 7245 Flood Reef is a house located in Pensacola, Florida, 32507.

Is this property for sale now?

Active Listing: 7245 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 $7,209 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7245 Flood Reef has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 7245 Flood Reef is 3,456 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7245 Flood Reef is 2003.

Rocket Homes›Florida›Escambia County›Pensacola›32507›7245 Flood Reef

This home is located at 7245 Flood Reef in Pensacola, FL and zip code 32507 in the Perdido Key neighborhood. This 3,456 square foot home, which was built in 2003, sits on a 0.28 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $1,800,000.

Over 36 listings were sold over their listed price in October 2024 in Pensacola, FL. In the same period over 163 listings were sold below the listed price and 85 listings were sold for the listed price. The number of listings in Pensacola, FL increased by 4.3% between September 2024 and October 2024. In October 2024, listings were on the market for 62 days. During the same period, the median list price in this real estate market was $286,592.

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

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