The Marseilles market snapshot (as of June 25, 2026): the median sale price is about $1.5M ($632 per sq ft), a buyer-leaning market (limited data). Based on 2 recent closings in live Pensacola MLS data.
The Marseilles is a low-density, rent-restricted gulf-front condominium on Perdido Key, Escambia County (ZIP 32507), at 16547 Perdido Key Drive, about thirty minutes from Pensacola. It comprises two Mediterranean-style buildings of roughly 14 homes each, built in 2005.
Rentals are restricted to one year or longer, so this is a residential, owner-occupied building rather than a nightly-rental tower. Amenities include indoor and outdoor pools, a fitness center, sauna and hot tub, and a boardwalk over the dunes to a roughly 200-foot private beach.
In a coastal condo the floor, the gulf view, and the building's reserves and insurance are the part of your money the market gives back at resale.
For buyers who want a low-density, rent-restricted gulf-front residence on Perdido Key, The Marseilles is a distinctive option. The work is reading the floor and the gulf view, confirming the monthly HOA, the building's reserves and insurance, and the rental rules, and pricing the unit against real comparable sales.