7885 Gulf Blvd Unit 1-12, Navarre, FL, 32566

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7885 Gulf Blvd Unit 1-12, Navarre Beach$2,300,000

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeCondominium

Year Built1985

WaterfrontGulf, Sandy Shoreline, Natural Shoreline

ViewGulf

MLS #964100

StatusActive

About 7885 Gulf Blvd Unit 1-12

MULTI-FAMILY LOT OPPORTUNITY WITH 100 FT GULF OF MEXICO FRONTAGE! A rare visionary investors opportunity that offers versatility like no other. THE VALUE IN THIS PROPERTY IS IN THE LAND. This parcel can accommodate a maximum of 12 condos or 4 Townhomes or 2 Homes or just 1 home helming the 100ft Gulf frontage. The property currently has a 12-unit condo complex damaged from Hurricane Sally. Buyer would have to tear down building at buyers expense as salvaging the building would be a cost-prohibitive endeavor. Reach out for more details regarding already completed due diligence efforts in the form of an engineering report, asbestos report, and recent survey.

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Property Details

Property Features

Property Information:

• Architectural Style: N/A
• Year Built: 1985
• Living Area: 7,380 SqFt

Listing Office:

• Office Name: Berkshire Hathaway HomeServices
• Office Email: jledesma@bpfla.com
• Listing Agent: Delawalla Group

Interior Features

Interior Information:

• Interior: Needs Work

Bedroom and Bathroom Information:

• Full Bathrooms: 18
• Total Bedroom Count: 18

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: Gulf, Sandy Shoreline, Natural Shoreline
• View: Gulf
• Exterior: Needs Work

Other

Directions Information:

• Directions: Head South on the Navarre Beach bridge. Turn right to head West at the stop light on to Gulf Blvd. The complex will be on the South side of Gulf Blvd approximately 2 miles down.

Price Information

Listing Price Info

Price Summary:

• List Price: $2,300,000
• Price Per SqFt: $312/SqFt

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Housing Market Comparison

See how this home compares to others in Navarre Beach, FL.

Navarre Beach, FL

City

Med. Sold Price

$762.5K

Med. Price/SqFt

$529

Avg. Days On Market

129

# of Sold Homes

8

7885 Gulf Blvd Unit 1-12 vs Navarre Beach

14 DAYS ON ROCKET

-115 Days

$2,300,000

+$1.5M More

$312/SqFt

-$217 Less

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $217/SqFt less than other homes in Navarre Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: Emerald Coast Association of REALTORS®
• MLS Number: #964100

Listing Office:

• Office Name: Berkshire Hathaway HomeServices
• Office Email: jledesma@bpfla.com
• Listing Agent: Delawalla Group

Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 8:21:09 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

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**Disclosures

Rocket Homes›Florida›Santa Rosa County›Navarre Beach›32566›7885 Gulf Blvd Unit 1-12

This home is located at 7885 Gulf Blvd Unit 1-12 in Navarre, FL and zip code 32566. This 7,380 square foot home was built in 1985. Features: 18 bedrooms, 18 bathrooms. It has been listed on Rocket Homes since December 04, 2024 and is currently priced at $2,300,000.

Navarre Beach, FL housing market in November 2024 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 6 sold below. The number of homes for sale in Navarre Beach, FL increased by 1% between October 2024 and November 2024. In November 2024, listings were on the market for 129 days. During the same period, the median list price in this real estate market was $762,500.

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