2365 Tumbleweed Drive
About This Property
This sought-after neighborhood offers one of the best amenity packages along the Emerald Coast with a low annual HOA fee. Enjoy access to the multi-pool recreation center, tennis courts, pickleball, fitness rooms, sauna and steam, fishing pier, boat launch, playground, and RV parking area - all included.
This spacious home offers nearly 3,000 sq. ft. of living space on over a half-acre, fully fenced with mature trees providing natural shade and privacy. The backyard is wide, open, and perfect for a future pool, pets, play, gardening, or entertaining. A storage shed conveys as-is and includes the hurricane shutters, wooden ladder, gray metal shelving, extra kitchen tile, and additional flooring for the dining room and primary bedroom all staying for new owners.
Inside, the home features one of the largest kitchen layouts available in this floor plan, offering generous cabinet storage, expansive counter space, and room to gather. The roof is approximately 5 years old, the home is on sewer, and it is not located in a flood zone, so no flood policy is required. A termite bond with Southwind is currently in place and may be transferred to the new buyer for peace of mind.
This is one of the best values on the market for buyers seeking space, land, amenities, and community lifestyle. Get more square footage and a larger yard for your investmentall in a highly desirable Navarre neighborhood.
Professional interior photos coming soon as the sellers are in the process of packing.
Please reach out with any questions or to schedule your private showing soon.
Approximate date of going active as mid November. You'll definitely want this one to be on your wish list!
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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 |
|---|---|---|---|
| Mar 23, 2026 | Sold | ||
| Sold | |||
| Feb 20, 2026 | In contract | - | |
| In contract | |||
| Feb 14, 2026 | Price Decreased |
$450,000
↓ $30K
(6.3%) | |
| Price Decreased | |||
| Dec 13, 2025 | Price Decreased |
$480,000
↓ $45K
(8.6%) | |
| Price Decreased | |||
| Oct 30, 2025 | Listed by Keller Williams Realty Navarre | $525,000 | |
| Listed by Keller Williams Realty Navarre | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017