#657949, Jenny Rushing, Listing Office: Berkshire Hathaway Home Services PenFed Realty
Property details
About 16159 Tarpon Dr
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.
Highlights
(Contingent)
Summary
- Waterfront: Waterfront
- List Price: $435,000
- Annual Tax Amount: $4,030
- Tax Year: 2023
- Directions: Innerarity Pt Rd to left on Boca Ciega left on Narwhal, right on Tarpon Drive
- Lot Size: 0.26 Acres
- MLS Number: 657646
- MLS Name: Pensacola MLS
- Office Name: RE/MAX HORIZONS REALTY
- Office Phone: (850) 476-6000
- Listing Agent: Kenneth Payne
Copyright © 2025 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: 4/29/2025, 12:55:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹

$435,000
16159 Tarpon Dr
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 17, 2022 | Home Sold | $325,000 |
Aug 03, 2020 | Home Sold | $252,500 |
Feb 24, 2005 | Home Sold | $369,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $265,000 | $4,030 |
2022 | $215,000 | $3,302 |
2021 | $185,000 | $3,302 |
2020 | $139,089 | $2,181 |
2019 | $126,445 | $2,034 |
2018 | $165,000 | $1,938 |
History based on county public records data.
Nearby schools
6
Hellen Caro Elementary School
Public District KG-5
4.8 mi
•12551 Meadson Rd
5
Pleasant Grove Elementary School
Public District KG-5
8.8 mi
•3000 Owen Bell Ln
5
Blue Angels Elementary School
Public District PK-5
8.8 mi
•1551 Dog Track Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $67,574. The majority of Pensacola, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
Similar homes for sale
Frequently asked questions
About 16159 Tarpon Dr
The listing price of 16159 Tarpon Dr property is $435,000.
The property 16159 Tarpon Dr is land located in Pensacola, Florida, 32507.
Accepting Backup Offers: 16159 Tarpon Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 16159 Tarpon Dr are: Hellen Caro Elementary School (GreatSchools Rating 6/10), Pleasant Grove Elementary School (GreatSchools Rating 5/10), Blue Angels Elementary School (GreatSchools Rating 5/10), Jim C. Bailey Middle School (GreatSchools Rating 3/10), Elberta Middle School (GreatSchools Rating 9/10), Gulf Shores Middle School (GreatSchools Rating 9/10), Elberta High School (GreatSchools Rating 6/10), Escambia High School (GreatSchools Rating 3/10), Foley High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $4,030 (source: MLS/based on county public records data).
The last sale was on March 17, 2022 for $325,000 (source: MLS/tax record).
The property 16159 Tarpon Dr is 0.26 acres.
This home is located at 16159 Tarpon Dr in Pensacola, FL and zip code 32507 in the Perdido Bay neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 16, 2025 and is currently priced at $435,000.
Over 32 listings were sold over their listed price in March 2025 in Pensacola, FL. In the same period over 153 listings were sold below the listed price and 74 listings were sold for the listed price. The inventory of homes for sale in Pensacola, FL between February and March 2025 increased by 15.1%. In March 2025, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $285,138.