$257,000
Navarre, FL 32566
MLS# 971298
Status: Sold
1 beds | 2 baths | 738 sqft
1 / 26
Property Description
Prime Investment Opportunity Grossing $45K on Navarre Beach! Gulf Island Condo #523 is an updated 1BR/2BA unit with hall bunks, designed to comfortably sleep six—perfect for maximizing rental income. This second-floor condo features a modern kitchen with granite countertops, stainless steel appliances, and an in-unit washer & dryer, ensuring guests enjoy all the comforts of home. Enjoy your private balcony or stroll across the street for easy Gulf access. With proven rental demand and strong income potential, this furnished condo offers investors an exceptional opportunity in one of Florida's most desirable beach communities.
Details
Maps
Status Change Info
Sold Price/SqFt: 348.24
Status: Sold
Under Contract Date: 2025-10-05
Sold Date: 2025-11-03
Sold Price: $257,000
Contract Info
Listing Board: Navarre
List Price/SqFt: 378.05
List Date: 2025-03-16
Current Price: $257,000
List Price: $279,000
Location, Tax and Legal
Unit #: UNIT 523
Sub Area: 1101 - Navarre Beach
Elementary School: Holley-Navarre
Middle School: Holley-Navarre
High School: Navarre
Legal Description: GULF ISLAND CONDOMINIUM (BLDG 5) UNIT 523 ALG W UNDIV INT IN COMMON ELEM ENTS AS DES IN OR 4531 PG 125
General Property Info
Sub-Type: Condominium
Design: N/A
SqFt Source: County PA Records
Stories In Unit: 1
Unit Floors Above Ground: 3
Immediate Occupancy: No
Garage: No
Carport: No
Pool: Yes
Pool Type: Community
Apx SqFt(Htd/Cooled): 738
Bedrooms: 1
Full Baths: 2
Total Bathrooms: 2
Year Built: 2006
Listing Info, Tax & Legal
Who Paid Doc Stamps: Seller
Who Paid Title: Buyer
Homestead: No
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 1353
Annual Assessment Amount: 5412
Assessment Paid: Quarterly
New Buyer Fee: No
Last Taxes: 3722.34
Last Tax Year: 2024
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: Prime Investment Opportunity Grossing $45K on Navarre Beach! Gulf Island Condo #523 is an updated 1BR/2BA unit with hall bunks, designed to comfortably sleep six—perfect for maximizing rental income. This second-floor condo features a modern kitchen with granite countertops, stainless steel appliances, and an in-unit washer & dryer, ensuring guests enjoy all the comforts of home. Enjoy your private balcony or stroll across the street for easy Gulf access. With proven rental demand and strong income potential, this furnished condo offers investors an exceptional opportunity in one of Florida's most desirable beach communities.
Construction Status
Construction Complete: 1
Waterview
Gulf: 1
Sound: 1
Project Facilities
BBQ Pit/Grill: 1
Leasehold: 1
Pool: 1
TV Cable: 1
Utilities
Electric: 1
Public Sewer: 1
Public Water: 1
TV Cable: 1
Exterior
Balcony: 1
Interior
Floor Tile: 1
Floor Vinyl: 1
Furnished - Some: 1
Hallway Bunk Beds: 1
Washer/Dryer Hookup: 1
Window Treatmnt Some: 1
Financing
Conventional: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Refrigerator: 1
Stove/Oven Electric: 1
Washer: 1
Energy
AC - Central Elect: 1
Ceiling Fans: 1
Heat Pump Air To Air: 1
Water Heater - Elect: 1
Mstr Bdrm/Mstr Bath
MBath Tile: 1
Master Bedroom
First: 1
Kitchen
First: 1
Living Room
First: 1
Rooms
Kitchen: 1
Living Room: 1
Master Bedroom: 1
Fees Include
Accounting: 1
Ground Keeping: 1
Insurance: 1
Management: 1
Trash: 1
TV Cable: 1
Existing Leases
Daily/Weekly: 1
Location Tax and Legal
Area: 11 - Navarre/Gulf Breeze
Street #: 8436
Street Name: Gulf
Street Suffix: Boulevard
State: FL
Zip Code: 32566
County: Santa Rosa
Project Name/Subdivision: GULF ISLAND CONDOS
Parcel ID: 28-2S-26-9130-00500-5230
Property Features
Construction Status: Construction Complete
Waterview: Gulf; Sound
Project Facilities: BBQ Pit/Grill; Leasehold; Pool; TV Cable
Exterior: Balcony
Interior: Floor Tile; Floor Vinyl; Furnished - Some; Hallway Bunk Beds; Washer/Dryer Hookup; Window Treatmnt Some
Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Stove/Oven Electric; Washer
Utilities: Electric; Public Sewer; Public Water; TV Cable
Energy: AC - Central Elect; Ceiling Fans; Heat Pump Air To Air; Water Heater - Elect
Master Bedroom: First
Kitchen: First
Living Room: First
Rooms: Kitchen; Living Room; Master Bedroom
Financing: Conventional
Fees Include: Accounting; Ground Keeping; Insurance; Management; Trash; TV Cable
Existing Leases: Daily/Weekly
Supplements
Whether you're looking to expand your portfolio with a high-performing short-term rental or secure a vacation home that generates revenue, this property checks all the boxes! Don't miss out on this turnkey investment on Navarre Beachschedule your showing today!
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Kitchen | First | 10 x 10 | 10.00 | 10.00 | 10 x 10 |
| Master Bedroom | First | 11 x 14 | 11.00 | 14.00 | 11 x 14 |
| Living Room | First | 16 x 18 | 16.00 | 18.00 | 16 x 18 |
Listing Office: COLDWELL BANKER REALTY
Last Updated: November - 03 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.