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8520 Gulf Blvd #Ut-23, Navarre, FL, 32566

4beds
3baths
2,467sqft
$799,500
$324price/sqft
$5,633/moest. monthly cost
$225,320/yrincome needed

About This Home

AGGRESSIVELY PRICED! Rare 4-Bedroom Bayfront Townhome with Private Boat Slip & Lift--One of the Best Values from Pensacola Beach to Navarre! Sold fully furnished, Buena Vida 23 offers 2,467 sq. ft., 4 bedrooms, 3 baths, and one of the community's most desirable floor plans with the rare fourth bedroom and third full bath. Enjoy panoramic Santa Rosa Sound views, your private boat slip with lift, and the Navarre Beach public boat ramp less than five minutes away. Fish, boat, paddleboard, or watch dolphins from your balcony. The open, light-filled floor plan, oversized garage, two HVAC systems, bayfront pool, tennis courts, and easy walk to Navarre Beach and the fishing pier make this an exceptional primary home, vacation getaway, or investment property. Currently operating as a successful vacation rental with excellent income potential. Currently operating as a successful vacation rental, this property offers excellent income-producing potential for investors or the perfect opportunity for a second home getaway. Don't miss one of the best opportunities to own a bayfront townhome with a boat slip and lift on the Emerald Coast. Schedule your private showing today Natural light pours throughout the spacious multi-level floorplan, creating a bright and airy atmosphere that perfectly complements the tranquil bayfront setting. This is one of the few units in the complex featuring the highly desirable fourth bedroom and third full bathroom addition, making it ideal for large families, guests, or maximizing vacation rental income potential. Relax poolside while overlooking the sparkling waters of the bay, enjoy a match on the tennis courts, or take a short stroll to the sugar-white sands of Navarre Beach and the iconic Navarre Beach Pier. The oversized garage provides ample storage for beach gear, fishing equipment, and personal belongings. Currently operating as a successful vacation rental, this property offers excellent income-producing potential for investors or the perfect opportunity for a second home getaway. Additional features include two AC units for maximum comfort and energy efficiency, with the west building location helping keep utility costs lower year-round. Whether you are searching for a primary residence, vacation retreat, or high-performing investment property, this exceptional bayfront gem truly checks every box. Don't miss your opportunity to own one of Navarre Beach's most unique and desirable properties to bring your boat!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

7/10
5/10
Navarre High SchoolGrades 9-122.9 mi

Construction

Condition

  • Property condition: Construction Complete
  • Year built: 1982

Materials

  • Roof: Metal

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Dryer,Microwave,Washer,Tankless Water Heater
  • Laundry features: Washer/Dryer Hookup

Bedroom

  • Level: Second
  • Area: 121
  • Dimensions: 11 x 11

Bedroom

  • Level: Second
  • Area: 121
  • Dimensions: 11 x 11

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Family Room

  • Level: Second
  • Area: 228
  • Dimensions: 19 x 12

Features

  • Vaulted Ceiling(s),Split Bedroom
  • Window features: Double Pane Windows
  • Flooring: Hardwood,Tile

Garage

  • Level: First
  • Area: 429
  • Dimensions: 39 x 11

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 2,467
  • Total interior livable area: 2,467 sqft

Kitchen

  • Level: Second
  • Area: 121
  • Dimensions: 11 x 11

Master Bedroom

  • Level: Third
  • Area: 209
  • Dimensions: 19 x 11

Other

  • Level: Fourth
  • Area: 96
  • Dimensions: 12 x 8

Property

Details

  • Parcel number: 282S269080000000230
  • Zoning description: Resid Multi-Family

Features

  • Stories: 3
  • Pool features: In Ground
  • Patio & porch: Covered
  • Exterior features: Balcony,Boat Slip,Boatlift,Dock,Outdoor Shower,Tennis Court(s)
  • Has view: Yes
  • View description: Bay
  • Has water view: Yes
  • Water view: Bay
  • On waterfront: Yes
  • Waterfront features: Bay

Lot

  • Lot size: 2,178 sqft

Parking

  • Total spaces: 3
  • Parking features: Garage Door Opener,Boat
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Lightning
Tornado
Tsunami

FEMA Declared Disasters in Santa Rosa County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,042$48,504
Home Insurance *$944$11,328
Property Taxes $399$4,788
Electricity $248$2,979
Total$5,633$67,596
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$193,131/yr
40% on housing$168,990/yr
45% on housing$150,213/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.5%
15.5%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 1.4%
1.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$324This listing

vs Other Active Listings

Avg $/sqft

ZIP 32566$306
Santa Rosa County$213

vs Homes Sold Last Month

Median $/sqft

ZIP 32566$217
Santa Rosa County$191

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-10Pending sale$799,500
2026-07-16Price change$799,500
2026-07-10Price change$814,777
2026-06-29Price change$819,777
2026-05-15Listed for sale$824,777

For Sale by Agent

AgentJames B Taylor
BrokeragePensacola Beach Properties Real Estate Sales

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