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7258 Captain Kidd Reef
Pensacola, FL 32507
$2,500,000
Conventional
Property
Bedroom
6
Bathroom
6
Property Type
Conventional
Square ft
4461
Property Description
This luxury residence offers a modern coastal vibe with water views of Ole River and the Gulf of Mexico. Located in a unique deep water canal subdivision flanked on the South, East and West by almost 300 acres of Perdido State Park. It can serve as your primary or secondary home, as well as a rental investment property with incredible potential with super low association fees! FIRST FLOOR: Features a 38ft deep open concept area that integrates the kitchen, living room, dining room and a wet bar with a stunning coffered ceiling and tongue and groove design. The kitchen blends fine stainless-steel appliances with ample counter space and a large kitchen island. The living room with a gas fireplace adds warmth and charm to the space. The dining room has plenty of space for a large dining table for everyone to enjoy together. The first floor also has two bedrooms, one being the second Master en-suite. SECOND FLOOR: Features a sizable Master en-suite with two sliding doors that lead to the balcony with views of Ole River and the Gulf of Mexico. The master bathroom includes a free-floating soaking tub, his/hers sinks, walking closet, a separate modern 10x6 walk in shower with multiple shower heads for a relaxing experience. All four bedrooms have their own bathroom and beautiful views. The laundry room also located on the second floor for convenience, is equipped with plumbing for DUAL washer and dryers and modern cabinetry for storage. OUTDOOR LIVING: outdoor grilling area, ample parking and sizeable storage for all those beach toys. This property comes pre-framed for an elevator offering future convenience if needed. Ready for boat access with an existing 45’ bulkhead and concrete walkway along the water with deep water canal access to Ole River and the Gulf of Mexico. Pensacola Pass and Alabama Pass are just minutes away. Enjoy exclusive owner/guest access to pickleball and tennis courts as well as an easy walk to the deeded beach access just across the street.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2024
MLS Number
647027
Location
Address
7258 Captain Kidd Reef
City
Pensacola
State
FL
Zip Code
32507
County
ESCAMBIA (SOUTH)
Listing
Provider
Pointe South, original listing
Name
Pointe South
Phone
(850) 516-7238
Office Name
POINTE SOUTH
Office Phone
(850) 516-7238
Agent Name
Anabella Owens

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.