8468 Gulf Boulevard 2 & 3, Navarre, FL 32566
CAJUN BELLE TOWNHOUSES · Santa Rosa County
Key Facts
Description
Turnkey Beachside Investment Opportunity - Two Units for the Price of One! Located directly across the street from public beach access in the heart of Navarre Beach, this fully renovated 4BR/3BA coastal retreat offers Gulf views, exceptional flexibility, and outstanding short-term rental potential. Originally designed as two separate units, the property was thoughtfully combined into one spacious residence while still offering the possibility of conversion back to two standalone units for enhanced ROI and rental income. Extensive renovations include a new roof, luxury flooring, updated kitchens and bathrooms, custom shaker cabinetry, dolomite countertops, stainless steel appliances, designer finishes, and a custom staircase. The main residence features 3 bedrooms and 2.5 baths, while the separate studio suite comfortably sleeps four, creating the perfect setup for multi-generational living, owner occupancy with supplemental rental income, or maximizing guest accommodations. Enjoy beautiful Gulf views from the south-facing balconies and the convenience of being just steps from Navarre Beach's sugar-white sands and emerald waters. With two full kitchens, multiple living spaces, and flexible ownership options, this property is ideal as a primary residence, second home, vacation getaway, or income-producing investment property. Current rental projections exceed $60,000 annually with frequent owner use, while the option to re-establish two independent units is a possibility.
Property Information
Property Type
Residential
Sub-Type
Townhouse
Style
Beach House
Year Built
1984
Living Area
2,636 sq ft
Garage Spaces
2
Parking Spaces
10
Zoning
County, Deed Restrictions
Days on Market
3
MLS® Listing#
1004801
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Pool
Parking
Patio
Construction
Roof
Windows
Sewer
Water Source
Rooms
- 0 x 0First
- 12 x 16Third
- 8 x 12Second
- Bedroom12 x 16Third
- Kitchen9 x 16Second
- Living Room13 x 16Second
- Master Bedroom19 x 22Third
Schools
- Elementary:
- Holley-Navarre
- Middle:
- Holley-Navarre
- High:
- Navarre
Financial Details
Annual Taxes
$7,655
Tax year 2024
Parcel Number
28-2S-26-9090-00000-0030
Directions
Highway 98 to Navarre Bridge, cross bridge and go west on Gulf Blvd. Townhouse about 1/2 mile from stop sign.
Affordability Calculator
$159,800
Estimated monthly payment
$4,253/mo
Principal $639,200 · Est. interest $891,741 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Navarre, FL
- $528,788
- Median Listing Price
- 68
- Median Days on Market
- 1,943
- Median Sq Ft
- $249
- Median Price / Sq Ft
- 406
- Active Listings
- This home’s price is 51% above the area median.
- Its price per sq ft is 22% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Navarre, FL.
Location
Points of Interest in Navarre, FL
Showing the Navarre area map.
Nearby Schools
Duck Duck Kids
School · 1.5 mi away
Holley-Navarre Intermediate
Elementary · 2.0 mi away
Holley-Navarre Primary School
Elementary · 2.1 mi away
Holley-Navarre Middle School
Secondary · 2.1 mi away
Navarre Montessori Academy
Elementary · 2.7 mi away
Navarre High School
Secondary · 3.0 mi away
West Navarre Primary School
Elementary · 3.4 mi away
West Navarre Intermediate School
Elementary · 4.1 mi away
East Bay K-8 School
Elementary · 5.9 mi away
Kids Discovery
School · 7.2 mi away
Woodlawn Beach Middle School
Secondary · 8.3 mi away
Florosa Elementary School
Elementary · 8.7 mi away
Good Shepherd Lutheran-Gulf Breeze, Fl
School · 10.5 mi away
Okaloosa Academy
School · 12.6 mi away
Mary Esther Elementary School
Elementary · 12.8 mi away
Soundside Montessori Academy
Elementary · 12.9 mi away
Liza Jackson Preparatory School
Elementary · 13.3 mi away
Oriole Beach Elementary School
Elementary · 13.4 mi away
Fort Walton Beach High School
Secondary · 13.9 mi away
Edwins Elementary School
Elementary · 14.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 9435 E River Drive, Navarre, FL | $560,000 | 4 | 2 | 2,144 |
| 2640 Masters Blvd, Navarre, FL | $569,000 | 3 | 2 | 2,992 |
| 1960 Edgewood Drive, Navarre, FL | $570,000 | 5 | 3 | 2,705 |
| 2427 Frontera St, Navarre, FL | $579,000 | 4 | 3 | 2,465 |
| 8300 Tavira Street, Navarre, FL | $579,000 | 4 | 4 | 2,470 |
| 7595 Hatteras Drive, Navarre, FL | $589,900 | 5 | 3 | 2,711 |
Moving Cost Estimate
EXIT Agents in Navarre
Listing Courtesy: Better Homes and Gardens Real Estate Emerald Coast - 8508378880