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Navarre Beach 32566 Pensacola Beach
7885 Gulf Boulevard
$2,300,000
● Land - Off Market

7885 Gulf Boulevard

Navarre, FL 32566
bedrooms
Studio
bathrooms
0 Bath
$11,294
Est. Monthly

About This Property

UNIQUELY RARE MULTI-FAMILY CLEARED LOT WITH 100 FT OF GULF FRONTAGE! Freshly cleared at the seller's expense, this prime parcel presents a true blank canvas along Florida's coveted Emerald Coast. With flexible development potential, the site can accommodate up to 12 condominium units, 4 townhomes, 2 spacious residences, or one extraordinary estate commanding the full 100 feet of frontage. Opportunities of this caliber are seldom available-don't let this visionary investment pass you by.
Unit Size
-
Days on Market
55 days
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
-
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: 7 months ago (ECAR #985816)

Price History

Date / Event Date Event Price
Mar 19, 2026 Sold
Premium
Sold
Jan 29, 2026 In contract -
In contract
Jan 24, 2026 Relisted $2,300,000
Relisted
Dec 30, 2025 In contract -
In contract
Sep 19, 2025 Listed by Christies International Real Estate Emerald Coast $2,300,000
Listed by Christies International Real Estate Emerald Coast
Show More

Property Highlights

Elevator

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: 13,504
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 900
  • 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
  • Subdivision: SANDOLLAR CONDO
  • Land Acres: 0000000310
  • Legal Description 1: SANDOLLAR CONDOMINIUM

Neighborhood

  • School District Name: Santa Rosa County School District
  • Census Tract: 010825

Geography

  • Parcel: 28-2S-26-9280-00000-0000
  • Municipality: NAVARRE BEACH
  • Latitude: 30.3755
  • Longitude: -86.8938

    Address

  • Full Address: 7885 Gulf Blvd
  • Address - House Number: 7885
  • Address - Street Name: Gulf
  • Address - Suffix Type: Blvd
  • State: FL
  • City Name: Navarre
  • Carrier Code: R016
  • 4-Digit Zip Code: 7155
  • Zip Code: 32566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0

    Assessments Valuation

  • Assessed Year: 2023
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 Pensacola Beach

Stats & Trends

Median Asking:

$765,000

Sale Price/ft²

$534

Below Asking

0.03%

Average Days on Market

105

Average Home Size

1893 ft²

Average Home Age

25.7 years

Currently For Sale

89 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

Rentals Near You

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ECAR

Listed by: Delawalla Group, Christies International Real Estate Emerald Coast
Last Updated: 7 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 985816
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 7885 Gulf Boulevard built and last sold?
The property at 7885 Gulf Boulevard was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7885 Gulf Boulevard is $2,323,000.
What are some comparable homes to 7885 Gulf Boulevard?
There are currently no comparable homes to 7885 Gulf Boulevard.
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