69
Map
1429 Bahia Drive
About This Property
Perfectly positioned at the end of a quiet cul-de-sac with no HOA, this remarkable three-story residence offers unobstructed views of both Navarre Beach and the iconic Navarre Beach Bridge from multiple oversized balconies and expansive windows throughout the home.
Whether you're searching for a luxurious primary residence, an income-producing short-term rental, or the perfect second home along the Emerald Coast, this property delivers endless possibilities. Built just four years ago, every detail was carefully designed to maximize comfort, privacy, and the incredible surrounding scenery.
The ground level offers abundant garage space and multiple storage areas, providing plenty of room for beach gear, golf carts, water toys, and everything needed to enjoy the coastal lifestyle.
The second level features two spacious bedrooms, a full bathroom, an inviting living area, and a beautifully appointed kitchen overlooking the water. One of the home's most unique and valuable features is its thoughtful floor plan. The upper level is completely private, with no interior access from the second floor, making it ideal for multigenerational living or maximizing rental flexibility. (see continuation of story) The entire third floor serves as an incredible owner's retreat, complete with a spacious primary suite, luxurious bathroom, full kitchen, comfortable living room, and a private balcony where you can enjoy spectacular sunrises, sunsets, and refreshing Gulf breezes in complete privacy.
Outside, you'll appreciate the oversized driveway with ample parking, beautifully landscaped grounds with irrigation, mature trees and shrubs, and stunning composite staircases accented by sleek modern black railings that perfectly complement the home's contemporary coastal architecture.
Finding a custom-built beach home of this caliber this close to the Gulf without a multi-million-dollar price tag is becoming increasingly rare. Previously used only as a long-term rental, the home presents tremendous opportunities for investors while also serving as an exceptional full-time residence or vacation getaway.
Be sure to request the complete feature sheet to discover all of the custom upgrades and thoughtful details this remarkable property has to offer.
The Garage has a carve out room, and there is extra sound proofing throughout the house, Double layer, quiet walk installed under all floors, and double layer 5/8 drywall throughout as well!
This is more than a beach house....it's a lifestyle, an investment, and a rare opportunity to own a truly one-of-a-kind property on Florida's Emerald Coast.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2026 | In contract | - | |
| In contract | |||
| Sep 12, 2026 | Price Decreased |
$895,000
↓ $40K
(4.3%) | |
| Price Decreased | |||
| Aug 13, 2026 | Price Decreased |
$935,000
↓ $42K
(4.3%) | |
| Price Decreased | |||
| Jul 25, 2026 | Listed by Keller Williams Realty Navarre | $977,000 | |
| Listed by Keller Williams Realty Navarre | |||
| Mar 1, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017