$2,500,000
Navarre, FL 32566
MLS# 989874
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Property Description
Rare 2.03± acre commercial property directly on Highway 87, one of Navarre's busiest traffic corridors with 23,500± Annual Average Daily Traffic. This offering combines an existing 6,140± SF building with a separate 80'x80' out parcel, giving an investor or owner-user multiple paths to unlock value on a single site. Opportunities: TURNKEY RESTAURANT reuse - The existing building includes restaurant infrastructure, offering a shortened buildout timeline for a new concept, franchise relaunch, or full rebrand. OFFICE OR MEDICAL CONVERSION - The building & site are well suited to redevelopment into an office building or medical/dental facility, adding significant value and versatility to the property. HCD zoning supports a broad range of commercial and professional uses, subject to permitting. RETAIL, SHOWROOM, OR SPECIALTY USE - 369± feet of direct Hwy 87 frontage delivers exceptional visibility for a showroom, car dealership, or specialty retail concept looking to capture daily drive-by traffic. SECOND INCOME STREAM VIA THE OUT PARCEL - The included 80'x80' out parcel stands apart from the main building, creating excellent potential for a drive-thru, second building, or standalone tenant -- additional income without adding acreage. OWNER-USER OR INVESTMENT FLEXIBILITY - Whether the goal is occupying the building outright, leasing to a single user, or developing the out parcel as a second revenue source, the site's size, zoning, and location support several strategies at once..
Details
Maps
Contract Info
GCCMLS Number: 43877888
Listing Board: Navarre
List Date: 2025-11-18
List Price: $2,500,000
Location, Tax and Legal
Sub Area: 1102 - East Navarre
Legal Description: See Full Description under Documents
General Property Info
Listed on GCCMLS: Yes
Description: 6,140± SF | 2.03± Acres | Comm
Property Information: 6,140± SF | 2.03± Acres | Commercial Redevelopment Opportunity
Vacant: No
Immediate Occupancy: No
Lot Depth: 257
Zoning: HCD
Lot Frontage: 369
Acreage: 2.03
Listing Info, Tax & Legal
As Is: No
Remarks & Misc
Remarks: Rare 2.03± acre commercial property directly on Highway 87, one of Navarre's busiest traffic corridors with 23,500± Annual Average Daily Traffic. This offering combines an existing 6,140± SF building with a separate 80'x80' out parcel, giving an investor or owner-user multiple paths to unlock value on a single site. Opportunities: TURNKEY RESTAURANT reuse - The existing building includes restaurant infrastructure, offering a shortened buildout timeline for a new concept, franchise relaunch, or full rebrand. OFFICE OR MEDICAL CONVERSION - The building & site are well suited to redevelopment into an office building or medical/dental facility, adding significant value and versatility to the property. HCD zoning supports a broad range of commercial and professional uses, subject to permitting. RETAIL, SHOWROOM, OR SPECIALTY USE - 369± feet of direct Hwy 87 frontage delivers exceptional visibility for a showroom, car dealership, or specialty retail concept looking to capture daily drive-by traffic. SECOND INCOME STREAM VIA THE OUT PARCEL - The included 80'x80' out parcel stands apart from the main building, creating excellent potential for a drive-thru, second building, or standalone tenant -- additional income without adding acreage. OWNER-USER OR INVESTMENT FLEXIBILITY - Whether the goal is occupying the building outright, leasing to a single user, or developing the out parcel as a second revenue source, the site's size, zoning, and location support several strategies at once..
Class
Land: 1
Other: 1
Construction Status
Existing: 1
Land
Property Type: Commercial
Lot Features
Coastal Barrier Zone: No
Other
Year Built: 2025
Building SqFt: 6140
# of Units: 1
None
Current Price: $2,500,000
Status Change Info
Status: Active
Location Tax and Legal
Area: 11 - Navarre/Gulf Breeze
Street #: 2502
Street Name: Hwy 87 S
State: FL
Zip Code: 32566
County: Santa Rosa
Parcel ID: 17-2S-26-0000-00173-0000
Property Features
Class: Land; Other
Construction Status: Existing
Supplements
Hwy 87 is one of the area's highest-traffic corridors, and this site's frontage and access put any future use in direct view of tens of thousands of daily commuters -- a visibility advantage that's difficult to find at this price point in Navarre.
Listing Office: COLDWELL BANKER REALTY
Last Updated: September - 23 - 2026
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