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7961 Gulf Blvd, Navarre, FL, 32566

4beds
3baths
2,100sqft
$1,240,000
$590price/sqft
$9,130/moest. monthly cost
$365,200/yrincome needed

About This Home

BRING AN OFFER! MOTIVATED SELLER! CASH FLOWING OPPORTUNITY ON THE BEACH! Fully furnished! BRING AN OFFER! COME SEE IN PERSON! This turnkey, income-producing waterfront townhome sits directly on the emerald waters of the highly desirable Navarre Beach and offers projected annual rental income of $150,000!!! NO HOA FEES! WOW!! Sold fully furnished and rental-ready, the three-story layout comfortably sleeps up to 10 guests, making it ideal for short-term vacation rentals or a second home with strong income potential. The first floor features an open-concept living, dining, and kitchen area with tile flooring throughout and sweeping Gulf views. MOTIVATED SELLER! BRING AN OFFER! The updated kitchen includes freshly painted gray cabinetry, granite countertops, stainless steel appliances, and an ice machine, while the spacious partially covered balcony provides ample outdoor seating--an attractive feature for renters seeking a true beachfront experience. The second floor offers three well-appointed bedrooms, two of which have private covered balconies overlooking the Gulf, along with a conveniently located full bath and laundry closet. The third level enhances revenue appeal with a private primary suite featuring its own covered balcony with Gulf views, a jetted tub, separate walk-in shower, double vanities, walk-in closet, and private water closet. An additional large bedroom on this level includes views of the Intracoastal Waterway and a private full bath, offering flexibility for multi-family or group bookings. Located just minutes from Navarre Beach Marine Park, Navarre Beach Boat Launch, and the Navarre Beach Fishing Pier--the longest fishing pier in the Gulf--and a short scenic drive through Gulf Islands National Seashore to Pensacola Beach, this property benefits from strong year-round rental demand driven by beachfront access, boating, fishing, and water recreation. With limited Gulf-front inventory and no HOA restrictions, this property presents a compelling opportunity for investors seeking immediate cash flow and long-term coastal appreciation. ASK FOR THE CASH FLOW SHEET! Come see it today!!

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

7/10
5/10
Navarre High SchoolGrades 9-123.8 mi

Construction

Condition

  • Property condition: Construction Complete
  • Year built: 2000

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Metal
  • Construction materials: Stucco

Type & Style

  • Home type: Townhouse
  • Architectural style: Beach House
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Range Hood,Refrigerator,Washer,Electric Water Heater
  • Laundry features: Washer/Dryer Hookup

Bathroom

  • Level: First
  • Area: 22.5
  • Dimensions: 7.5 x 3

Bathroom

  • Level: Second
  • Area: 88
  • Dimensions: 11 x 8

Bathroom

  • Level: First

Bedroom

  • Level: Second
  • Area: 143
  • Dimensions: 13 x 11

Bedroom

  • Level: Second
  • Area: 130
  • Dimensions: 13 x 10

Bedroom

  • Level: Second
  • Area: 130
  • Dimensions: 13 x 10

Bedrooms & Bathrooms

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

Cooling

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

Dining Area

  • Level: First
  • Area: 220
  • Dimensions: 20 x 11

Features

  • Crown Molding,Recessed Lighting,Pantry,Split Bedroom
  • Window features: Double Pane Windows,Window Treatments
  • Flooring: Tile,Carpet

Foyer

  • Level: First
  • Area: 30
  • Dimensions: 6 x 5

Interior Area

  • Total structure area: 2,100
  • Total interior livable area: 2,100 sqft

Kitchen

  • Level: First
  • Area: 140
  • Dimensions: 14 x 10

Living Room

  • Level: First
  • Area: 280
  • Dimensions: 20 x 14

Master Bathroom

  • Level: First
  • Area: 120
  • Dimensions: 15 x 8

Master Bedroom

  • Level: Second
  • Area: 225
  • Dimensions: 15 x 15

Property

Details

  • Parcel number: 282S269180003000012
  • Zoning description: Resid Multi-Family

Features

  • Stories: 3
  • Patio & porch: Covered,Deck
  • Exterior features: Balcony
  • Has view: Yes
  • View description: Gulf,Gulf/Pass,Intracoastal Waterwy,Sound
  • Has water view: Yes
  • Water view: Gulf,Gulf/Pass,Intracoastal Waterwy,Sound
  • On waterfront: Yes
  • Waterfront features: Gulf,Gulf/Pass,Waterfront

Lot

  • Features: Flood Insurance Req,Within 1/2 Mile to Water,Zero Lot Line

Parking

  • Total spaces: 2
  • Parking features: Covered
  • Covered spaces: 2
  • Carport: Yes
  • Carport 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 $6,270$75,240
Home Insurance *$1,465$17,580
Property Taxes $1,184$14,208
Electricity $211$2,536
Total$9,130$109,560
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$313,028/yr
40% on housing$273,900/yr
45% on housing$243,466/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

$590This listing

vs Other Active Listings

Avg $/sqft

ZIP 32566$303
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
2026-05-12Price change$1,255,000
2026-05-08Price change$1,258,000
2026-05-05Price change$1,260,000
2026-05-01Price change$1,265,000
2026-04-25Price change$1,261,000
2026-04-16Price change$1,262,000
2026-04-13Price change$1,263,000
2026-04-09Price change$1,264,000
2026-04-03Price change$1,265,000
2026-03-16Price change$1,270,000
2026-02-27Listed for sale$1,275,000
2017-06-27Listing removed$674,000
2017-03-22Price change$674,000
2016-08-08Listed for sale$674,500
2016-01-21Listing removed$650,000
2015-07-11Listed for sale$650,000
2015-01-14Listing removed$650,000
2014-10-30Listed for sale$650,000
2012-12-19Sold$550,000

For Sale by Agent

AgentJacklyn M Riley
BrokerageCorcoran Reverie SRB

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