8468 Gulf Boulevard 2 & 3
Navarre, FL 32566
$799,000
Active
Description
Turnkey Beachside Investment Opportunity - Two Units for the Price of One! Located directly across the street from public beach access in the heart of Navarre Beach, this fully renovated 4BR/3BA coastal retreat offers Gulf views, exceptional flexibility, and outstanding short-term rental potential. Originally designed as two separate units, the property was thoughtfully combined into one spacious residence while still offering the possibility of conversion back to two standalone units for enhanced ROI and rental income. Extensive renovations include a new roof, luxury flooring, updated kitchens and bathrooms, custom shaker cabinetry, dolomite countertops, stainless steel appliances, designer finishes, and a custom staircase. The main residence features 3 bedrooms and 2.5 baths, while the separate studio suite comfortably sleeps four, creating the perfect setup for multi-generational living, owner occupancy with supplemental rental income, or maximizing guest accommodations.
Enjoy beautiful Gulf views from the south-facing balconies and the convenience of being just steps from Navarre Beach's sugar-white sands and emerald waters. With two full kitchens, multiple living spaces, and flexible ownership options, this property is ideal as a primary residence, second home, vacation getaway, or income-producing investment property. Current rental projections exceed $60,000 annually with frequent owner use, while the option to re-establish two independent units is a possibility.
Listing details MLS# 1004801
Location, Tax and Legal
- Area
- 11 - Navarre/Gulf Breeze
- Sub area
- 1101 - Navarre Beach
- Subdivision
- CAJUN BELLE TOWNHOUSES
- County
- Santa Rosa
- Parcel ID
- 28-2S-26-9090-00000-0030
- Tax year
- 2024
- Annual tax
- 7655
- Legal description
- UNIT 3 A PORT OF LOT 7 BLK B SUGAR DUNES UNRECORDED SUB DES AS FOLLOWS: COM AT NE CORN OF LOT 20 1ST ADD NAVARRE BCH SEC 1 THN N10 49'27''W 120 FT TO N R/W OF GULF BLVD THN N79 10'33''E ON N R/W 300 FT & CONT 276.22 FT THN CONT 46 FT TO TH POB CONT 16 FT THN N10 49'27''W 100 FT THN S79 10'33''W 16 FT THN S10 49'27''E 100 FT TO POB & FORMER UNT 2 DES AS FOLS: UNIT 2 A PORT OF LOT 7 BLK B SUGAR DUN
- Zoning
- County, Deed Restrictions
General Property Info
- Property type
- Residential
- Year built
- 1984
- New construction
- No
- Condition
- Renovated, Construction Complete
Interior
- Bedrooms
- 4
- Bathrooms
- 4
- Full baths
- 3
- Half baths
- 1
- Building area
- 2636
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Floor Laminate, Floor Vinyl
- Interior features
- Guest Quarters, Lighting Recessed, Lock Out, Newly Painted, Pantry, Washer/Dryer Hookup
- Appliances
- Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect
- Total rooms
- 7
Exterior and Site
- Construction
- Foundation Stilts, Frame, Stucco
- Roof
- Roof Dimensional Shg
- Exterior features
- Rain Gutter, Balcony, BBQ Pit/Grill, Fenced Back Yard, Separate Living Area, Shower
- Patio and porch
- Patio Covered
- Parking
- Carport, Carport Attached, Covered
- Garage spaces
- 2
- Carport spaces
- 2
- View
- Gulf
- Road surface
- Paved
- Road frontage
- City Street
Utilities
- Utilities
- Public Water
- Sewer
- Public Sewer
Schools
- Elementary
- Holley-Navarre Primary-Intermed
- Middle school
- Holley-Navarre
- High school
- Navarre
Remarks and Misc
- Directions
- Highway 98 to Navarre Bridge, cross bridge and go west on Gulf Blvd. Townhouse about 1/2 mile from stop sign.
