Parasol in Pensacola

Parasol

Gated gulf-front homes · Perdido Key · ZIP 32507

The only gulf-front single-family community on Perdido Key, gated, with a beach boardwalk.

Gulf-frontGatedBeach boardwalk
Live Market Pulse
53/100
Momentum
Buyer-Leaning Market (limited data)
Parasol is a thin, high-end beach-home market with heavy short-term-rental use, so the lot, gulf or river frontage, elevation, and the flood and insurance picture set where a home trades.
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Unlock Off-Market Parasol

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Pensacola MLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulsePensacola MLS
$1.74M
Median Price
3mo
Supply
9days
Avg DOM
Soft
Seller Leverage
$491/sf
Median $/Sqft
-6%
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Parasol is a rare product: the only gulf-front single-family community on Perdido Key, a small gated circle of bright beach homes among the dunes, steps from the Gulf Islands National Seashore. Parasol West adds Old River waterfront homes with deeded boat slips and a private launch. The read is the lot and the frontage, gulf versus river, plus elevation, the flood and wind picture, and the heavy short-term-rental economics that define values here."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Parasol market snapshot (as of June 11, 2026): the median sale price is about $1.7M ($491 per sq ft), with homes averaging 9 days on market and 3.0 months of supply, a buyer-leaning market (limited data). Based on 4 recent closings in live Pensacola MLS data.

Parasol is a small gated community on Perdido Key, in Escambia County (ZIP 32507), tucked off Johnson Beach Road, steps from the Gulf Islands National Seashore. It is described as the only gulf-front single-family community on the Key.

The main community is a circular street of colorful beach homes amid the dunes, with third-party descriptions noting homes from about 2,500 to 4,000-plus square feet, gated entry, a community pool, a pavilion, and a boardwalk to the Gulf. Average list prices have been near the $1 million range.

Parasol West is a separate gated section further west along Perdido Key Drive, with waterfront homes on Old River that come with a deeded boat slip and a private launch, ranging from about 2,000 to 5,000-plus square feet.

As a Perdido Key beach community, short-term rentals are common, and the flood zone, elevation, wind insurance, and rental rules are central to cost and use on any specific home.

Best for

  • Buyers who want a gulf-front or river-front beach home on Perdido Key
  • Boaters who want deeded Old River boat-slip access in Parasol West
  • Second-home and investment buyers comfortable with beach due diligence
  • Buyers who value a gated community steps from the National Seashore

Probably not for

  • Buyers who want the lowest carrying cost and no coastal insurance
  • Buyers who want a mainland, non-rental neighborhood
  • Buyers uncomfortable with flood-zone and elevation due diligence
  • Buyers who want an urban, walkable setting

How Parasol is performing right now

53/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
3Months of supplytight
9Median days on marketdays
0 : 1Under contract vs for salestrong demand
4Sold in last 12 monthsliquidity
+127%Median price since 2012appreciation
+38%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from Pensacola MLS, as of June 11, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Parasol listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in Parasol buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Parasol

Live MLS inventory for Parasol. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Parasol listings as of 2026-06-11, priced high to low. Copyright© 2026 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. 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.. Tap any home to ask about it.

Listing locations from Pensacola MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The takeaway

Parasol is beach living first: the Gulf is a boardwalk away and the Seashore is next door, with the mainland a longer drive.

Gulf of Mexico beachwalkable · boardwalk to the Gulf
Gulf Islands National Seashore~5 min · protected coast
Perdido Key retail / Flora-Bama~5 to 10 min · dining
NAS Pensacola~25 min · military
Downtown Pensacola~40 min · via Perdido Key Dr
Pensacola Int'l Airport (PNS)~45 min · mainland

Times are approximate and vary with traffic, especially in season, and your exact departure point. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Parasol with Momentum Realty’s local guides.

SerenitySerenityPensacola, FL · 0.8 miInnerarityIslandInnerarityIslandPensacola, FL · 0.8 miSPLa Serenaon Perdido KeyPensacola, FL · 0.8 miInnerarityShoresInnerarityShoresPensacola, FL · 0.9 miSBSunset BayouPensacola, FL · 1.0 miGulf Beach HeightsGulf Beach HeightsPensacola, FL · 1.2 miLKLost Key PlantationPerdido Key, FL · 1.4 miYHYacht HarbourPensacola, FL · 1.4 miHerons WalkHerons WalkPensacola, FL · 1.9 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
Parasol (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Escambia County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

Parasol is served by Escambia County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Buying with schools in mind? We can confirm the exact zoned schools for any Parasol address.

The takeaway

What reshapes value at Parasol: the scarcity of gulf-front and Old River frontage on Perdido Key, strong short-term-rental demand, and the coastal flood and wind insurance picture. Each item is noted with its basis.

Recent Developments in Parasol

Our read on what is being built around Parasol, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishFrontage scarcity and rental demand are durable, but coastal insurance keeps carrying costs high. The watch items are flood and wind insurance and rental-rule changes.

Only gulf-front single-family community on the Key

Ongoing
BullishMajor impact
SignificanceRadius: Island

A one-of-a-kind gulf-front single-family product is scarce and supports durable demand.

Old River frontage with deeded slips

Ongoing
BullishMajor impact
SignificanceRadius: Community

Parasol West's deeded boat slips on Old River are a scarce boating amenity.

Strong short-term-rental demand

Ongoing
BullishNotable impact
SignificanceRadius: Island

Rental demand supports values, with rules and licensing to confirm before relying on income.

Steps from the National Seashore

Ongoing
BullishNotable impact
SignificanceRadius: Area

Proximity to protected seashore limits nearby development and protects the setting.

Coastal flood and wind insurance

Ongoing
BearishMajor impact
SignificanceRadius: Island

Rising coastal insurance is the main headwind to fold into beach-home carrying costs.

Rental-rule and licensing changes

Ongoing
NeutralNotable impact
SignificanceRadius: Island

Short-term-rental rules can change, so confirm current requirements before counting on income.

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Parasol, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

  1. January 2026
    Market

    Parasol remains Perdido Key's gulf-front single-family enclave

    Third-party sources continued to describe Parasol as the only gulf-front single-family community on Perdido Key, with Parasol West adding Old River homes and deeded boat slips. Why it matters: Gulf-front and river-front scarcity sustains demand in a thin, high-end beach market. Source

  2. June 2025
    Insurance

    Coastal insurance frames cost for Perdido Key homes

    Flood and wind insurance continued to be the defining carrying-cost variable for Perdido Key beach homes, making early quotes and an elevation certificate essential. Why it matters: Quote flood and wind insurance early; coastal coverage drives the true cost on the Key. Source

Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Parasol, this is the order of operations we would run, and the one we run for our clients.

1

Read the lot and the frontage. Gulf-front and Old River frontage carry distinct premiums; confirm what a specific home has.

2

Pull flood, elevation, and wind insurance, which are central to cost on the Key.

3

Confirm the HOA, the gate, and the rental rules if you plan to rent.

4

On Parasol West, verify the deeded boat slip and launch rights.

5

Cross-shop a beach peer, and weigh Villa Segunda on Pensacola Beach.

Best Buy
A well-elevated gulf-front or river-front home with clear rental terms
Biggest Risk
Underbudgeting flood, wind insurance, or misreading rental rules
Best Lot
Gulf-front and Old River frontage over interior lots
Smart Timing
Confirm flood, insurance, and rental rules before you offer
The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Parasol is a small gated community on Perdido Key, described as the only gulf-front single-family community on the Key, a circle of colorful beach homes among the dunes with a pool, a pavilion, and a beach boardwalk. Parasol West is a separate gated section on Old River, with waterfront homes that include a deeded boat slip and a private launch. As a beach community, short-term rentals are common and the flood zone, elevation, wind insurance, and rental rules are central to cost and use. Confirm frontage, flood and insurance, the HOA, rental rules, and any deeded slip per home.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

The Interior Beach Home
$900K to $1.50M

Interior homes in the gated circle with pool and boardwalk access, the entry into the community.

Lowest entry
The River Home
$1.50M to $2.15M

Parasol West homes on Old River with deeded slips, a boater's heart of the market here.

Most inventory
The Gulf-Front
$2.15M to $2.15M

Gulf-front homes on the dunes, the scarcest and most durable beach lots.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

$900K to $1.50M
The Interior Beach Home
Interior homes in the gated circle with pool and boardwalk access, the entry into the community.
$1.50M to $2.15M
The River Home
Parasol West homes on Old River with deeded slips, a boater's heart of the market here.
$2.15M to $2.15M
The Gulf-Front
Gulf-front homes on the dunes, the scarcest and most durable beach lots.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

15-Second Take
  • Renovation math decides the deal
  • Better lots and views resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

Only gulf-front single-family on the KeyStrong
Old River frontage with deeded slipsStrong
Gated, steps from the SeashorePositive
Coastal flood and wind insuranceWatch it
Rental-rule complexityManage it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Parasol

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Underbudgeting the carrying costs
  • Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

On Perdido Key the house is the easy part. The deal is won or lost on the frontage, the flood and wind picture, and the rental rules.

Jon Brooks · Founder, Momentum Realty
8.4A- · Buy Score
Resale Strength8.6/10
Renovation Risk6.4/10
Location Efficiency9.2/10
Long-Term Defensibility8.4/10
Carrying Cost Advantage5.6/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Why our read on Parasol is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Pensacola MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Pensacola MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

Which Lots & Views Hold Value Best

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium
Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Pensacola MLS; for orientation, not an appraisal.

15-Second Take
  • Gulf and river frontage hold value best
  • Elevation matters as much as the view
  • Beach land cannot be reproduced
  • Rental rules shape the economics
  • Read frontage, flood, and rules first

On a barrier island, the lot and its frontage are the whole game. Parasol's gulf-front dune lots and Parasol West's Old River frontage with deeded slips are scarce and cannot be reproduced, while a beach home can be updated. Read the frontage, the elevation, and the flood map first, confirm the rental rules, then price against real beach comps and quote coastal insurance early.

Parasol in 15 seconds.

Best forBuyers who want a gulf-front or river-front beach home in a gated Perdido Key community.
Biggest advantageThe only gulf-front single-family community on Perdido Key, gated, with a beach boardwalk.
Biggest riskFlood, wind insurance, and rental rules that define beach-home cost and use.
Sweet spotA well-elevated gulf-front or Old River home matched to recent comps.
Avoid ifYou want the lowest carrying cost, a mainland neighborhood, or to skip coastal due diligence.

HOA, CDD & Fees

15-Second Take
  • Gated gulf-front beach community
  • Pool, pavilion, beach boardwalk
  • Parasol West: Old River slips and launch
  • Flood and wind insurance are key costs
  • Short-term rentals common; confirm rules

Parasol is a gated community with an HOA covering the gate, pool, and common areas; confirm the current dues, what they cover, and the rental rules. Confirm whether a CDD applies per parcel, and flood and wind insurance, which are the major cost lines on the Key.

Gated entry, a community pool, a pavilion, and a beach boardwalk; Parasol West adds a private launch and deeded slips. Confirm exact inclusions and rental rules in the current HOA documents.

The takeaway

On Perdido Key your frontage, elevation, and rental profile decide your number; we build the case with real beach comps, not an automated guess.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across our market for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Parasol, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Villa Segunda, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Parasol home worth?

Get a no-obligation home value based on real comparable sales in Parasol matched to your condition, lot, and view, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See the full Parasol home value & selling guide, recent comps, fees, and 2026 timing →

Real comps, not a Zestimate.

Price History: What Homes Here Have Actually Sold For

Median sale prices in Parasol year by year since 2012, from closed MLS sales. A long track record beats a single estimate, showing what this community has really done through rate cycles rather than what a model predicts.

Parasol Market Scorecard

Seller's market

Parasol is currently a seller's market. About 3.0 months of supply, a median asking price of $2,055,000, and homes go under contract in about 9 days.

3.0
Months supply
$2,055,000
Median list
$1,735,000
Median sold
$676
Per sqft
9
Days on mkt
1/0/4
Active/Pend/Sold

Typical home value in the 32507 ZIP is $367,304, about 5.9% above the Florida norm (Zillow Home Value Index).

Zoom out for the wider market: ZIP market scorecard.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Parasol?
Parasol is a gated community on Perdido Key, Escambia County (ZIP 32507), off Johnson Beach Road, steps from the Gulf Islands National Seashore.
What makes Parasol unique?
It is described as the only gulf-front single-family community on Perdido Key, a small gated circle of beach homes among the dunes with a community pool and a beach boardwalk.
What is Parasol West?
A separate gated section further west on Perdido Key Drive, with waterfront homes on Old River that come with a deeded boat slip and a private launch.
What kind of homes are in Parasol?
Single-family beach homes; third-party descriptions note the main community from about 2,500 to 4,000-plus square feet and Parasol West from about 2,000 to 5,000-plus square feet.
What do homes cost in Parasol?
It is a thin, high-end beach market, with average list prices near the $1 million range in the gulf-front section. The figure that matters is the comparable-sales read on a specific home.
Are short-term rentals allowed in Parasol?
Short-term rentals are common on Perdido Key. Confirm the community's rental rules and any licensing before you count on rental income.
Is Parasol in a flood zone?
As a Perdido Key beach community, flood zones and elevation are central. Pull the FEMA flood zone, the elevation certificate, and flood and wind insurance quotes on any specific home.
Does Parasol have an HOA?
Yes, covering the gate, pool, and common areas. Confirm the current dues, what they cover, the rental rules, and whether a CDD applies.
Can I keep a boat at Parasol West?
Parasol West homes come with a deeded boat slip and access to a private launch on Old River. Confirm the slip assignment and launch rights for a specific home.
What schools serve Parasol?
It is part of Escambia County Public Schools on Perdido Key. School assignment is by address, so confirm the exact zoning for a specific home.
Is Parasol a good investment?
Gulf-front and river-front scarcity and strong rental demand support the community. As with any beach market, frontage, the flood and insurance picture, and rental rules drive the outcome; this is not a guarantee of future value.
Should I use the listing agent to buy in Parasol?
No. The listing agent works for the seller. On a beach purchase where frontage, flood, and rental rules swing value, having your own representation is the highest-leverage decision you make.
Buyers who want a gulf-front or river-front beach home on Perdido KeyExcellent fit
Boaters who want deeded Old River boat-slip access in Parasol WestExcellent fit
Second-home and investment buyers comfortable with beach due diligenceExcellent fit
Buyers who value a gated community steps from the National SeashoreExcellent fit
Buyers who want the lowest carrying cost and no coastal insuranceProbably not
Buyers who want a mainland, non-rental neighborhoodProbably not
Buyers uncomfortable with flood-zone and elevation due diligenceProbably not
Buyers who want an urban, walkable settingProbably not

Get the inside read on Parasol

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Parasol home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

We respond personally, usually the same day.

You are all set.

A Momentum Realty Parasol specialist will reach out personally, usually the same day.

Parasol median home price history from 2012 to 2026 — chart by Momentum Realty
Median sale price in Parasol, Florida by year (2012–2026). Source: Momentum Realty.
Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Source: Listing data provided by the Multiple Listing Service of the Pensacola Association of REALTORS®. Information deemed reliable but not guaranteed.

Zoom out before you decide: see the Pensacola area market guide or every community in the Neighborhood Finder.

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