16604 Perdido Key Dr Welcome to coastal luxury in the exclusive gated community of Mallory Square North in Pensacola, Florida. This stunning 4-bedroom, 4.5-bath residence is one of only five homes in this private Ole River waterfront community and is located just 1.5 miles from the iconic Flora-Bama.Designed for relaxed coastal living, the home features an open-concept floor plan with soaring high ceilings and beautiful tongue-and-groove wood ceilings throughout. The spacious living area is highlighted by rich hardwood floors, a cozy gas fireplace, and direct access to a balcony off the living room-perfect for enjoying the coastal breeze and water views. The kitchen blends style and function with unique concrete countertops, ample workspace, and seamless flow into the main living and dining areas, making it ideal for entertaining. A second gas fireplace in the master adds warmth and charm to the home's thoughtfully designed living spaces.Each of the four bedrooms offers privacy and comfort with its own bathroom, while the additional half bath is perfect for guests. Modern conveniences include a tankless water heater for endless hot water and quality finishes throughout.Outside, the property includes a private on-site storage building and covered parking beneath the home. Residents of Mallory Square North enjoy access to a community pool and private beach area along Ole River, offering the ultimate coastal lifestyle just minutes from dining, entertainment, and the sugar-white beaches of the Gulf Coast.Whether you're looking for a full-time residence, vacation home, or investment opportunity, this rare property offers luxury, location, and laid-back waterfront living.Information is deemed reliable, Buyer or buyers agent to verify all measurements and information.