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Pensacola and Perdido Key Investment Properties for Sale

Explore Gulf Coast investment properties with a clear view of both the purchase and the ongoing ownership costs. Whether you are considering a Perdido Key vacation rental condo or a Pensacola rental home, the right fit depends on your budget, rental plans, and how much time you want to spend using the property yourself.

Compare Rental Potential and Ownership Costs

A property's asking price is only part of the analysis. Review documented rental history, expected vacancy, management fees, maintenance, insurance, taxes, and association dues. Confirm rental eligibility and restrictions for the specific property; past income does not guarantee future performance.

Choose a Property That Fits Your Strategy

For a short-term rental, compare guest appeal, location, layout, access, and the work needed to keep the property rental-ready. For a longer-term rental, consider operating costs and the practical demands of ownership. Browse Perdido Key condos for sale, Pensacola homes for sale, and our vacation rental property guide to refine your search.

Local Vacation Rental Experience

JD Hallam, Broker/Owner of Perdido Key Resort Realty, has more than 20 years of experience managing short-term vacation rental investment properties. That perspective helps buyers ask better questions about a coastal property's operations, upkeep, and suitability for their plans.

Discuss your investment property goals or call (850) 287-4882. We can help you compare available properties and identify the information to review before making an offer.

Latest Investment Properties

5623 Trout Ln, Perdido Key
$590,000
3 Beds ⋅ 3 Baths ⋅ 680890 MLS
Experience Coastal Living at Its Finest! Be the first to explore this stunning 3-bedroom, 2-bathroom home located in the heart of Perdido Key, Florida. Less than a mile from the breathtaking Johnson Beach National Seashore and nestled along Bayou Garçon, this property offers the perfect blend of beachside tranquility and a vibrant boating lifestyle. This home features exclusive community amenities, including a sparkling pool, pickleball courts, and a private boat dock—making it ideal for families, vacationers, or investors alike. Buyers also have the unique opportunity to purchase this home with or without a 14' x 40' boat slip, a rare find in this coveted area. Designed with a modern coastal craftsman aesthetic, this home offers the largest living and garage space of any 3-bedroom floor plan in Redfish Harbor. Being sold fully furnished and move-in ready, it includes premium upgrades such as: A whole-home dehumidifier for optimal comfort An upgraded 220V outlet in the garage Beautiful new landscaping featuring palm trees Custom built-in bunk beds, perfect for families or guests Blinds throughout Custom fireplace mantle This is one of the most beautifully appointed homes in Redfish Harbor. Whether you're looking for a permanent residence or an exceptional investment property, this home is ready to welcome you. Don't miss out—schedule your private showing today! Homes like this don’t last long.

5623 Trout Ln, Perdido Key
16590 Perdido Key Dr Unit #5-A, Perdido Key
$300,000
2 Beds ⋅ 2 Baths ⋅ 680500 MLS ⋅ Molokai VIllas Condo BLDG.
PRICE REDUCTION $10.000. A boater's dream. Beautiful and nicely furnished condo on Old River. Condo has a fully equipped kitchen. Stackable washer/dryer. HVAC 2 years and roof 3 years old. Fresh exterior paint. Complex features a pier with a gazebo and boat slips, a sandy beach, community pool, and deeded access to gulf beach across the street. Great location toward the back of the complex close to the pool and pier. The unit is great as a primary residence, second home, or vacation rental.

16590 Perdido Key Dr Unit #5-A, Perdido Key
16785 Perdido Key Dr Unit #101, Perdido Key
$585,000
2 Beds ⋅ 3 Baths ⋅ 680194 MLS ⋅ Perdido Towers BLDG.
Come see this spacious and beautiful beachfront condo! 2 bed/2.5 baths with a walk out patio! Park right at your front door and walk right in. No worries about elevators. Beautiful tile flooring throughout with carpet in the bedrooms, granite counters and stainless steel appliances in the kitchen. Soaring ceilings in your living room in this 2 story unit. A great walkout outdoor space steps from the beautiful Gulf of Mexico!! A private boat launch and storage is included as well as first come first serve boat dock!

16785 Perdido Key Dr Unit #101, Perdido Key
13599 Perdido Key Dr Unit #T9A, Perdido Key
$844,900
3 Beds ⋅ 3 Baths ⋅ 680060 MLS ⋅ Beach Colony Resort BLDG.
MUST-SEE 3-BEDROOM, 3 BATHROOM RESIDENCE IN BEACH COLONY TOWER WITH CURVED COVERED BALCONY AND SWEEPING GULF VIEWS! BOASTING A FANTASTIC RENTAL HISTORY OF OVER $70,000; THIS CONDO IS AS MUCH A SAVVY INVESTMENT AS IT IS A BREATHTAKING RETREAT. This bright & airy 1,756 sqft residence features wood look LVP flooring throughout and plantation shutters. Whisk up your favorite meals in this modern kitchen featuring white cabinetry, granite countertops, classic subway tile backsplash, stainless appliances, and eat-in bar, or enjoy the dining nook—the ultimate spot to enjoy your morning coffee! The large Gulf-front primary suite has sliding doors leading to the balcony, as well as a large primary bathroom with double vanity, oversized custom-tiled shower, and a perfectly placed picture window. Two additional guest bedrooms and bathrooms are located down a separate hallway for added privacy. Enjoy conveniences such as a full laundry room and spacious owner storage closet to store all your beach chairs, fishing gear, and more. This is a perfect vacation home, investment property, or primary residence. All residences in the tower building have hurricane shutters on the balcony plus heavy-duty sliding glass doors in the living room and primary bedroom to protect your investment. Beach Colony is a gated community with exceptional on-site management and one of the best amenity packages on the island complete with indoor heated pool, 2 outdoor pools, tennis courts, state-of-the-art fitness center, security-coded elevators, community rooms and ample parking for owners and guests. Situated in the heart of Perdido Key and within close proximity to restaurants, shops, multi-use path & The National Seashore.

13599 Perdido Key Dr Unit #T9A, Perdido Key
13817 Perdido Key Dr Unit #703, Perdido Key
$499,900
2 Beds ⋅ 2 Baths ⋅ 679282 MLS ⋅ Ocean Breeze Condominium BLDG.
Move-in ready 2BR/2BA Gulf-front condo in one of Perdido Key’s desirable low-density buildings! Enjoy breathtaking Gulf views from the spacious private balcony in a quiet, uncrowded setting right in the heart of Perdido Key. The open floor plan features tile flooring throughout, a bright living and dining area, and a well-equipped kitchen with stainless steel appliances, white cabinetry, breakfast bar, and ample storage. The Gulf-front primary suite offers direct balcony access and beautiful natural light. Additional highlights include in-unit washer and dryer and a private balcony storage closet for beach gear. With no rental restrictions, this property makes an excellent investment or personal beach retreat. Ideally located within walking distance to restaurants, shops, and water sport rentals, and just a short drive to Orange Beach, downtown Pensacola, and the Gulf Islands National Seashore.

13817 Perdido Key Dr Unit #703, Perdido Key
425 Gulfview Ln, Perdido Key
$1,270,000
5 Beds ⋅ 3 Baths ⋅ 679152 MLS
Experience elevated coastal living at 425 Gulfview Ln., a newly constructed residence in the gated Parasol West community of Perdido Key where the lifestyle extends beyond the home itself to include a DEDICATED BOAT SLIP making it easy to step from your home to the water & spend the day cruising! This thoughtfully designed 4-bedroom, 3-bath home offers approximately 2,680 square feet of living space with breathtaking views of both the Gulf & the Intracoastal Waterway. Inside, a spacious open floor plan welcomes you with high ceilings, porcelain tile flooring throughout, & abundant natural light. The chef’s kitchen is appointed with quartz countertops, solid-wood custom cabinetry, a dual-fuel range, & name-brand appliances, creating a functional space for everyday living & entertaining. A generous laundry room with folding counter, solid-wood shelving in the pantry & closets, & walk-in attic provide excellent storage & organization. Built with durability & efficiency in mind, the home features impact-rated windows, metal roof, sealed eaves, fiber-cement siding, spray-foam attic insulation, 2×6 shear walls, hurricane-rated fasteners, & elevated construction for added peace of mind. Natural gas services the cooktop, water heater, & grill connections, & tankless water heater ensures endless hot water. Outdoor living is equally impressive with multiple decks & patios designed for relaxing or entertaining while enjoying coastal breezes. Additional conveniences include climate-controlled attic, landscaped grounds with an automatic irrigation system, outdoor shower, privacy screens, data wiring throughout, & app-controlled garage doors in the spacious garage. Residents also enjoy access to the subdivision marina with a dedicated boat slip, making it easy to spend days on the water. Located near boat launches, golf courses, the Gulf Islands National Seashore, shopping, dining, & NAS Pensacola, this home places the best of the Gulf Coast lifestyle within easy reach!

425 Gulfview Ln, Perdido Key
13785 Perdido Key Dr Unit #76, Perdido Key
$384,000
1 Beds ⋅ 1 Baths ⋅ 678755 MLS ⋅ Perdido Skye BLDG.
Experience the Ultimate Coastal Vantage Point! Perched on the top floor of a sought-after low-density building, this rare corner-unit condo offers the privacy and panoramic views you’ve been dreaming of. Located directly on the world-class white sands of Perdido Key, this turnkey 1BR/1BA (plus built-in hall bunks) comfortably sleeps six, making it a high-performing investment engine or a serene primary retreat. Highlights Include: Prime Location: Corner unit placement ensures extra natural light and expansive Gulf vistas. Turnkey Ready: Meticulously maintained and efficiently designed for maximum utility. Amenities: Steps away from a large Gulf-front pool, a modern fitness center, and local favorites for dining and shopping. Whether you're looking for a second home or a lucrative rental property, this slice of paradise is priced to move. Your coastal lifestyle starts here!

13785 Perdido Key Dr Unit #76, Perdido Key
6635 Carlinga Dr, Perdido Key
$639,000
4 Beds ⋅ 4 Baths ⋅ 678249 MLS
Welcome to Perdido Key Life in the Ohana Beach House! This beautiful 4 bedroom, 4 bathroom Villa is located in the highly sought after community of Lost Key Golf & Beach Club, situated on 413 acres in the heart of Perdido Key. Once you enter this spacious Villa, you'll fall in love with the custom wall treatments in the entry hallway and dining areas. The home has newly installed luxury vinyl plank flooring that runs through the entire second floor. The kitchen features beautiful white speckled quartz countertops highlighted by painted custom cabinetry, all outfitted with soft close doors and drawers. Along with the living areas, there is one bedroom and full bathroom located on the second floor. The remaining 3 bedrooms, which are all en-suite, along with the custom laundry room are all located on the top floor. The primary suite is extremely spacious along with a generous walk-in closet with custom shelving. The garage is big enough for two cars, with an additional storage closet and plenty of room for your golf cart. The Lost Key Community has an array of luxury amenities ranging from a private Beach Club which features it's own restaurant, pool, and private beach access. Other amenities include a resort style pool, fitness center, tennis courts, and 18-Hole Golf Course within the community. This is a truly turn key property whether you want to make it your fulltime beach home or your next investment.

6635 Carlinga Dr, Perdido Key
17359 Perdido Key Dr Unit #402E, Perdido Key
$2,150,000
4 Beds ⋅ 5 Baths ⋅ 678137 MLS ⋅ Mediterranean At Perdido Key BLDG.
Beach House Level Views From This 3,383 Sq Ft Condo At The Mediterranean In Perdido Key. Massive 1,400+ Sq Ft Balcony That Spans Half Of The Building's Width In Size. 4 Bedrooms 4 And A Half Bathrooms And Incredibly Convenient To Multiple Dining Options And The World Famous Flora Bama. Unit 402E Is Being Sold Fully Furnished And Has Many Features That You Just Don't Get Anywhere Else. Private Elevator Entrance That Opens Up Directly To Your Unit, A Large Sand Locker And Assigned Covered Parking. Heated Pool And Much More!

17359 Perdido Key Dr Unit #402E, Perdido Key
13597 Perdido Key Dr Unit #EAST 15-C, Perdido Key
$765,000
2 Beds ⋅ 2 Baths ⋅ 677542 MLS ⋅ Beach Colony East Resort BLDG.
Updated Established Rental! Solid HOA! Do not let the opportunity to own this condo pass you by! Luxurious Gulf-front living at Beach Colony East! No Assessments in East Tower & None Anticipated - This beautifully maintained 2BR/2BA, 1,501 SF gated condominium sits directly on the sugar-white sands and emerald waters of Perdido Key—ideal as a primary residence, second home, or investment property. Sold fully furnished and rent-ready, this popular 5-star rental sleeps 8, with rental history and projections available. A neutral coastal palette and luxury vinyl plank flooring throughout create a stylish, low-maintenance beach retreat, enhanced by high ceilings. The well-equipped kitchen features granite countertops, stainless steel appliances, ample counter space, a pantry, and a breakfast bar opening to the dining area. The open-concept living and dining spaces are filled with natural light from floor-to-ceiling windows and offer breathtaking Gulf views and unforgettable sunsets. Enjoy the spacious, curved balcony—perfect for lounging or dining alfresco—with access from both the living room and Gulf-front primary suite. The primary suite offers stunning views, a king bed, large walk-in closet, and a spa-style bath with dual vanities, separate shower, and soaking tub overlooking the Gulf. A full-size washer and dryer convey, along with a convenient exterior storage closet near the entry. Resort-style amenities include outdoor and indoor pool, hot tub, fitness center, tennis courts, dog park, coded elevators, and on-site maintenance. Newest building in the complex, with restaurants within walking distance. Don't wait to make this incredible condominium yours! Owner occupied this week & allows showings!

13597 Perdido Key Dr Unit #EAST 15-C, Perdido Key
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