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Navarre Beach 32566 Pensacola Beach
8031 Gulf Boulevard
$2,100,000
● Land - Off Market

8031 Gulf Boulevard

Navarre, FL 32566
bedrooms
Studio
bathrooms
0 Bath
$11,518
Est. Monthly

About This Property

Welcome to your ''peace'' of paradise, located on the majestic Gulf of Mexico! This lot's ideal location puts you within 1.7 miles of the Navarre Beach Bridge, Navarre Beach Pier the longest fishing pier in Florida, the Marine Park, the boat launch area, watersports, and four great restaurants. Navarre Beach is known for it's relaxed island atmosphere with sugar white beaches and emerald green water making it a divine location to live or vacation.
Unit Size
-
Days on Market
-
Land Size
0.30 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1,084
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: 2 years ago (ECAR MLS #959380)

Price History

Date / Event Date Event Price
Apr 7, 2025 Sold
Premium
Sold
Feb 22, 2025 In contract -
In contract
Sep 18, 2024 Listed by Ciano Land & Properties Inc $2,125,000
Listed by Ciano Land & Properties Inc
Jan 14, 2014 Sold
Premium
Sold

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: 12,981
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 1,000
  • 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: NAVARRE BEACH
  • Land Acres: 0000000298
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: NAVARRE BEACH RES SEC 1 BLK 2 LOT 11 AS DES IN OR 3317 PG 1656

Neighborhood

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

Zoning

  • Zoning: NB-SF

Geography

  • Parcel: 28-2S-26-9180-00200-0110
  • Block: 2
  • Lot: 11
  • Meridian: SEC 28 TWN 2S RNG 26W
  • Municipality: NAVARRE BEACH
  • Latitude: 30.3764
  • Longitude: -86.8878

    Address

  • Full Address: 8031 Gulf Blvd
  • Address - House Number: 8031
  • Address - Street Name: Gulf
  • Address - Suffix Type: Blvd
  • State: FL
  • City Name: Navarre
  • Carrier Code: R016
  • 4-Digit Zip Code: 7113
  • Zip Code: 32566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,300,407
  • Tax Rate Code Area: 0010

    Market Valuation

  • Market Total Value: $1,600,000
  • Market Land Value: $1,600,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,600,000
  • Assessed Land Value: $1,600,000

    Sales

  • Current Sale Contract Date: Jan 09, 2014
  • Current Sale Recording Date: Jan 14, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 8
  • Current Sale Input Document Number: 201401339
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

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ECAR

Listed by: Debra J Ciano, Ciano Land & Properties Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 959380
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 8031 Gulf Boulevard built and last sold?
The property at 8031 Gulf Boulevard was built in and last sold on Jan 9, 2014 for $410,000.
How much is this home worth?
The estimated value of the home located at 8031 Gulf Boulevard is $0.
What are some comparable homes to 8031 Gulf Boulevard?
There are currently no comparable homes to 8031 Gulf Boulevard.
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