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Navarre 32566 Navarre
2359 Belmont Drive
$39,500
● Land - Off Market

2359 Belmont Drive

Navarre, FL 32566
bedrooms
Studio
bathrooms
0 Bath
$239
Est. Monthly

About This Property

.27 acre in Azalea Estates Zoned RM1 which allows single family, mobile / manufactured homes, and modular homes. Setbacks are 25' front 10% lot width, 25' rear. Flood Zone X see photos and docs for all PUBLIC information PER the GIS map of Santa Rosa County. Seller has not conducted a wetland study or survey. There is a recorded deeded Conservation easement with the county  from the 1966 owner on the back of property, like other lots on the street, so the lot is buildable.  Seller HAS paid the tap in fees for water and sewer.
Unit Size
-
Days on Market
487 days
Land Size
0.27 acres
Price per sqft
-
Property Type
Land
Property Taxes
$17
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 6 months ago (ECAR #966698)

Price History

Date / Event Date Event Price
May 21, 2026 Sold
Premium
Sold
Apr 25, 2026 In contract -
In contract
Jun 28, 2025 Price Decreased $44,999
↓ $7K (13.5%)
Price Decreased
Mar 17, 2025 Price Decreased $52,000
↓ $500 (1%)
Price Decreased
Jan 18, 2025 Listed by Keller Williams Realty FWB $52,500
Listed by Keller Williams Realty FWB
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Depth Feet: 2,300
  • Lot Size Frontage Feet: 510
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: AZALEA ESTATES
  • Land Acres: 0000000270
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: AZALEA ESTATES LOT 6 AS DES IN OR 2744 PG 1479

Neighborhood

  • School District Name: Santa Rosa County School District
  • Census Tract: 010827

Zoning

  • Zoning: R1M

Geography

  • Assessors Map Reference: MAP 245 PG 258A
  • Parcel: 15-2S-26-0115-00000-0060
  • Lot: 6
  • Meridian: SEC 15 TWN 2S RNG 26W
  • Municipality: HOLLEY-NAVARRE
  • Latitude: 30.4196
  • Longitude: -86.8481

    Address

  • Full Address: 2359 Belmont Dr
  • Address - House Number: 2359
  • Address - Street Name: Belmont
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Navarre
  • Carrier Code: R006
  • 4-Digit Zip Code: 1146
  • Zip Code: 32566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $23,189
  • Tax Rate Code Area: 0012

    Market Valuation

  • Market Total Value: $18,000
  • Market Land Value: $18,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,000
  • Assessed Land Value: $18,000

    Sales

  • Current Sale Contract Date: Jun 18, 2007
  • Current Sale Recording Date: Jun 27, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 200729976
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Navarre

Stats & Trends

Median Asking:

$419,900

Sale Price/ft²

$219

Below Asking

0.01%

Average Days on Market

71

Average Home Size

2006 ft²

Average Home Age

14 years

Currently For Sale

103 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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ECAR

Listed by: Tina N Marsh, Keller Williams Realty FWB
Last Updated: 6 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 966698
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 2359 Belmont Drive built and last sold?
The property at 2359 Belmont Drive was built in and last sold on Jun 18, 2007 for $29,900.
How much is this home worth?
The estimated value of the home located at 2359 Belmont Drive is $0.
What are some comparable homes to 2359 Belmont Drive?
There are currently no comparable homes to 2359 Belmont Drive.
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