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Off market
  • $2,812,300

    518 Navy Cove Blvd, Gulf Breeze, FL 32561

    6beds
    4,521sqft
    SingleFamily
    Built in 2020
    0.5 Acres Lot
    $2,812,300 Zestimate®
    $622/sqft
    $6,492 Estimated rent

    Home value

    $2,812,300

    $2.47M - $3.21M

    $6,492/mo

    Zestimate® history
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    $17,871/mo

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    $17,871/mo

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    What's special

    Inviting outdoor fireplaceCustom tile workMarble countertopsSerene oak-lined streetJeld-wen impact windowsSolid impact wood doorsProfessionally landscaped grounds

    This waterfront masterpiece on Pensacola Bay offers an unparalleled blend of luxury, comfort, and coastal elegance. Custom-built in 2020 by KW Custom Homes, the 4,521 sq. ft. residence captures sweeping views of downtown Pensacola from a serene, oak-lined street in prestigious Gulf Breeze. Set on a high-and-dry .54-acre lot with 75 feet of pristine bayfront, the home combines timeless architecture with modern sophistication, creating a refined retreat designed for effortless living. Inside, the home features six bedrooms and four and a half baths, offering exceptional flexibility for families or guests. Marble countertops, custom tile work, designer lighting, and integrated technology—including a built-in Sonos sound system—carry a sense of thoughtful luxury throughout. The gourmet kitchen boasts professional-grade appliances such as a 48-inch built-in KitchenAid refrigerator, Wolf steam oven, and SubZero wine storage. Open living areas flow seamlessly toward the bay, anchored by a striking fireplace with a gas starter that can easily be converted to gas logs. Outdoor living takes center stage with a heated gunite pool and sunshelf overlooking the water, an expansive porch equipped with quartzite counters, a Coyote grill, and a beverage center, and an inviting outdoor fireplace perfect for cool evenings or game-day gatherings. A private pier with a boat dock and lift provides direct access to Pensacola Bay, making sunset cruises, inshore fishing, and waterfront dining just moments away. Additional amenities elevate the property even further: a separate garage apartment with its own full kitchen and living area (elevator-ready), whole-home Generac generator, Icynene spray foam insulation, Jeld-Wen impact windows, solid impact wood doors, three Rinnai tankless water heaters, and four zoned AC units—including a dedicated system for the master suite. Professionally landscaped grounds complete the offering. Whether enjoying fireworks over the bay, cruising to dinner by boat, or simply relaxing in complete privacy, this home promises a lifestyle of unmatched beauty and ease.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Features
    • Flooring: Tile, Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 4,521 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Other, Brick, Cement / Concrete
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.5 Acres
    Details
    • Parcel number: 063S290947000000020

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Wood
    • Foundation: Masonry
    • Roof: Metal
    Condition
    • Year built: 2020

    Community & HOA

    Location
    • Region: Gulf Breeze

    Financial & listing details

    • Price per square foot: $622/sqft
    • Tax assessed value: $1,704,776
    • Annual tax amount: $15,037

    Price history

    DateEventPrice
    12/16/2025Listing removed--
    Source: Owner Report a problem
    12/9/2025Listed for sale$4,050,000+478.6%$896/sqft
    Source: Owner Report a problem
    6/8/2017Sold$700,000$155/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,037 -12.8%$1,370,080 +2.9%
    2024$17,239 +1.7%$1,331,467 +3%
    2023$16,958 +2.2%$1,292,686 +3%
    2022$16,592 +0.5%$1,255,035 +3%
    2021$16,508 +71.5%$1,218,481 +79.1%
    2020$9,624 -0.3%$680,193
    2019$9,653 $680,193 +55.4%
    2018$9,653 $437,669
    Find assessor info on the county website

    Neighborhood: 32561

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $2,812,300
    2% more
    +$56,246
    With Zillow Showcase(estimated)
    $2,868,546