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

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7885 Gulf Blvd Unit 1-12, Navarre Beach$2,450,000

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 #947273

StatusActive

About 7885 Gulf Blvd Unit 1-12

MULTI-FAMILY LOT OPPORTUNITY WITH 90 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 90ft 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: hunter@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

School Info

Assigned Schools Information:

• Navarre High School, Public District Grades 9-12
• Santa Rosa Virtual Franchise, Public District Grades 6-12
• Holley-Navarre Middle School, Public District Grades 5-8
• Holley-Navarre Intermediate School, Public District Grades 1-5

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: $2,450,000
• Price Per SqFt: $332/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

$881K

Med. Price/SqFt

$575

Avg. Days On Market

115

# of Sold Homes

3

7885 Gulf Blvd Unit 1-12 vs Navarre Beach

15 DAYS ON ROCKET

-100 Days

$2,450,000

+$1.5M More

$332/SqFt

-$243 Less

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $243/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: #947273

Listing Office:

• Office Name: Berkshire Hathaway HomeServices
• Office Email: hunter@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: 4/29/2024, 2:20:25 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 April 14, 2024 and is currently priced at $2,450,000.

In March 2024 more than 0 listings in Navarre Beach, FL were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 3 were sold below. The number of listings in Navarre Beach, FL increased by 10.3% between February 2024 and March 2024. Listings spent 115 days on the market in March 2024, and had a median list price of $881,000 during the same period.

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