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7321 Gulf Boulevard
About This Property
Built with insulated concrete forms (ICF), masonry framing and hard-coat stucco, the home incorporates a reinforced concrete foundation, impact-rated windows and doors, and two geothermal HVAC systems. The result is a residence engineered specifically for its coastal environment, where luxury extends well beyond what is immediately visible.
Inside, six bedrooms and six-and-one-half baths unfold across three beautifully considered levels connected by a custom elevator. Each bedroom features a private ensuite bath, while floor-to-ceiling gulf-facing glass captures sweeping water views throughout the primary living spaces. An elegant kitchen appointed with Thermador appliances anchors the open living and entertaining areas, complemented by a fireplace, dedicated theater and whole-home audio.
Expansive 15-foot-wide concrete terraces extend the living experience toward the water, where an elevated concrete pool with both heating and chilling capabilities overlooks the dunes, white sand and gulf beyond. A climate-controlled game and entertainment area provides additional space for gathering, with doors opening toward the gulf for seamless indoor-outdoor living.
A gated entrance, established tropical landscaping, full fencing and generous parking complete a property designed with equal consideration for beauty, privacy and longevity.
And then there is Navarre Beach itself. Known for its sugar-white sand, emerald-green water and miles of protected natural beauty, this barrier island retains a serenity and authenticity increasingly rare along the Gulf Coast. Here, mornings begin with the sound of the surf and sunsets are experienced from your own stretch of one of Florida's most beautiful shorelines.
Rare in its construction. Exceptional in its frontage. Unprecedented in its market.
7321 Gulf Boulevard represents a new benchmark for luxury on Navarre Beach--an extraordinary coastal residence created with an uncompromising approach to quality, design and longevity.
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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 |
|---|---|---|---|
| Sep 4, 2026 | Listed by Scenic Sotheby's International Realty | $9,900,000 | |
| Listed by Scenic Sotheby's International Realty | |||
| Mar 25, 2021 | No longer available | - | |
| No longer available | |||
| Feb 26, 2021 | Relisted | $995,000 | |
| Relisted | |||
| Feb 24, 2021 | No longer available | - | |
| No longer available | |||
| Nov 29, 2020 | Price Increased |
$995,000
↑ $75K
(8.2%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017