Redfin is joining Rocket

Discover how we're simplifying your journey home.

$1,395,000

16231 Tarpon Dr Pensacola, FL 32507

3 beds
3 full
2,568 sqft
0.3 acres
$543 / sqft
House

Property details

About 16231 Tarpon Dr

WATERFRONT PARADISE DIRECTLY ON THE INTRACOASTAL WATERWAY WITH PANORAMIC VIEWS AND PRIVATE BOAT DOCK! Prepare to be captivated by this stunning waterfront residence nestled in the desirable, gated community of Russell Bayou on Innerarity Island. Offering breathtaking views of the Intercoastal Waterway, Ono Island, and Perdido Key, this home is an entertainers dream and a boaters delight! Step inside and be greeted by an expansive and open-concept living area. The kitchen boasts a large island complemented by sleek stainless steel appliances and plenty of cabinetry. The living room features a lovely triple sliding glass door that opens to an enormous deck, your private oasis for enjoying the water views. Also located on this main level are two generously sized bedrooms with en-suite bathrooms. Ascend to the third floor, dedicated entirely to the primary suite. This private sanctuary includes a laundry room, dual walk-in closets with custom built-in organization, and private balcony where you can savor your morning coffee or evening sunsets. The primary bath features separate sinks and vanities, a relaxing jetted tub, and an oversized tiled shower. The ground floor offers incredible functionality with a closed-in garage space providing ample parking and storage, and feature four garage doors for easy access from the front and rear of the home so you can conveniently bring your boating or fishing gear from the garage to the dock. An interior entrance leads directly into the main living area, offering convenience and security. Additional features include an energy efficient mini-split HVAC system, irrigation system with well, and thoughtfully pre-built design space to incorporate an elevator reaching all three levels of the home. Residents of Russell Bayou enjoy access to a community pool and tennis courts as well as the added security of being a gated community within the gated community of Innerarity Island. This is more than just a home; its a lifestyle!

Highlights

Home typeSingle Family Residence
HeatingWall/Window Unit(s)
StatusAccepting Backup Offers
(Contingent)
CoolingMulti Unit(s), Ceiling Fan(s)
Size2,568 sqft
Lot size0.25 Acres
Year built2012
Parking2 Car Garage
MLS #665235
Attached garage2 spaces
WaterfrontIntracoastal Waterway, Waterfront, Beach, Boat Lift, Natural Shoreline, Pier
ViewWater

Virtual tour

Summary

  • Full Bathrooms: 3
  • Appliances: Electric Water Heater, Microwave, Disposal, Refrigerator, Oven
  • Flooring Type: Tile, Carpet, Simulated Wood
  • Interior: Baseboards, Ceiling Fan(s), Crown Molding, High Ceilings, Recessed Lighting
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: 2 Car Garage
  • Waterfront: Intracoastal Waterway, Waterfront, Beach, Boat Lift, Natural Shoreline, Pier
  • View: Water
  • Exterior: Balcony, Irrigation Well, Dock
  • Architectural Style: Traditional
  • Heating: Wall/Window Unit(s)
  • Cooling: Multi Unit(s), Ceiling Fan(s)
  • List Price: $1,395,000
  • Price/SqFt: $543
  • HOA Amount: $825 Annually
  • Annual Tax Amount: $10,527
  • Tax Year: 2023
  • Directions: Take Sorrento Road to Innerarity Point Road. Turn Right on to Innerarity Point Rd. Go through the gate at Innerarity Island. Take a left and go through the gates to Russell Bayou. Turn left on Boca Ciega Blvd. Turn left on Narwhal Drive. Turn right on Tarpon Drive. Home will be on the left.
  • Year Built: 2012
  • Stories: 3
  • Living Area: 2,568 SqFt
  • Lot Size: 0.25 Acres
  • MLS Number: 665235
  • MLS Name: Pensacola MLS
  • Office Name: Levin Rinke Realty
  • Office Email: theperdidogirl@gmail.com
  • Listing Agent: Katherine Justice

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: 7/24/2025, 12:55:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Aug 05, 2021
Home Sold
$984,000
Feb 03, 2004
Home Sold
$229,900

Tax history

YearAssessmentProperty Tax
2023$786,837$10,527
2022$763,920$10,321
2021$346,830$10,321
2020$342,042$4,251
2019$334,352$4,274
2018$328,118$4,270

History based on county public records data.

Nearby schools

6

Hellen Caro Elementary School

Public District KG-5

5.0 mi

12551 Meadson Rd

5

Pleasant Grove Elementary School

Public District KG-5

9.0 mi

3000 Owen Bell Ln

5

Blue Angels Elementary School

Public District PK-5

9.0 mi

1551 Dog Track Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $67,574. The most common annual income of people living in Pensacola, FL is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

23%
<35k
53%
35k-100k
18%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

43%
Single, No Kids
8%
Single, with Kids
36%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
6%
12-17 yrs old
16%
18-34 yrs old
52%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • PGA/LPGAPGA/LPGA
  • SoccerSoccer

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • Stein MartStein Mart
  • Old NavyOld Navy

Where do the neighbors go to eat?

  • ArbysArbys
  • Bob EvansBob Evans
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • GMCGMC
  • LincolnLincoln
  • LexusLexus

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 16231 Tarpon Dr

The listing price of 16231 Tarpon Dr property is $1,395,000.

The property 16231 Tarpon Dr is a house located in Pensacola, Florida, 32507.

Accepting Backup Offers: 16231 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 16231 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), Foley High School (GreatSchools Rating 6/10), Escambia High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2023 is $10,527 (source: MLS/based on county public records data).

The last sale was on August 5, 2021 for $984,000 (source: MLS/tax record).

The property at 16231 Tarpon Dr has 3 bedrooms and 3 bathrooms.

The property 16231 Tarpon Dr is 2,568 SqFt (source: MLS/tax record).

The year of construction for 16231 Tarpon Dr is 2012.

This home is located at 16231 Tarpon Dr in Pensacola, FL and zip code 32507 in the Perdido Bay neighborhood. This 2,568 square foot home, which was built in 2012, sits on a 0.25 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 31, 2025 and is currently priced at $1,395,000.

In June 2025 more than 64 listings in Pensacola, FL were sold above the asking price. During the same period more than 104 listings were sold at asking price, while more than 220 were sold below. The number of listings in Pensacola, FL increased by 5.2% between May and June 2025. Listings spent 67 days on the market in June 2025, and had a median list price of $279,670 during the same period.

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

More resources