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. Step out onto 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. 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 Beach—schedule your showing today!
Sold for $257,000
$257,000
8436 Gulf Blvd Unit 523, Navarre Beach, FL 32566
1beds
738sqft
Condominium
Built in 2006
-- sqft lot
$289,000 Zestimate®
$348/sqft
$1,777 Estimated rent
Home value
$289,000
$266,000 - $315,000
$1,777/mo
Zestimate® history
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$7,057/mo
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Easy gulf accessPrivate balconyIn-unit washer and dryerStainless steel appliances
Zillow last checked:
Listing updated:
Listed by:
Diane Waschenko 914-447-5847,
Coldwell Banker Realty
Bought with:
Mark Lee
Levin Rinke Realty
Source: PAR,MLS#: 660848
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Area: 154
- Dimensions: 11 x 14
Kitchen
- Level: First
- Area: 100
- Dimensions: 10 x 10
Living room
- Level: First
- Area: 288
- Dimensions: 16 x 18
Heating
- Heat Pump
Cooling
- Heat Pump, Ceiling Fan(s)
Appliances
- Included: Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Refrigerator
- Laundry: Inside
Features
- Ceiling Fan(s)
- Flooring: Tile, Laminate
- Windows: Some Blinds, Some Drapes
- Has basement: No
Interior area
- Total structure area: 738
- Total interior livable area: 738 sqft
Property
Parking
- Parking features: 1 Space/Unit
Features
- Levels: One
- Stories: 1
- Has private pool: Yes
- Pool features: In Ground, Community
Lot
- Size: 435 Square Feet
Details
- Parcel number: 282s269130005005230
- Zoning description: Deed Restrictions,Res Multi
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium
Materials
- Concrete
- Foundation: Pillar/Post/Pier
- Roof: Flat
Condition
- Resale
- New construction: No
- Year built: 2006
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Gulf Island
HOA
- Has HOA: Yes
- Services included: Association, Cable TV, Deed Restrictions, Maintenance, Management, Pest Control
- HOA fee: $5,412 annually
Location
- Region: Navarre Beach
Financial & listing details
- Price per square foot: $348/sqft
- Tax assessed value: $280,000
- Annual tax amount: $3,722
- Price range: $257K - $257K
- Date on market: 3/16/2025
- Cumulative days on market: 203 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/3/2025 | Sold | $257,000-7.9%$348/sqft |
Source:  PAR #660848 Report a problem | ||
| 10/6/2025 | Pending sale | $279,000$378/sqft |
Source:  Navarre Area BOR #971298 Report a problem | ||
| 8/5/2025 | Price change | $279,000-9.4%$378/sqft |
Source: Navarre Area BOR #971298 Report a problem | ||
| 5/19/2025 | Price change | $308,000-3.7%$417/sqft |
Source: Navarre Area BOR #971298 Report a problem | ||
| 4/21/2025 | Price change | $319,999-3.8%$434/sqft |
Source: Navarre Area BOR #971298 Report a problem | ||
| 3/16/2025 | Listed for sale | $332,500+70.5%$451/sqft |
Source: Navarre Area BOR #971298 Report a problem | ||
| 5/17/2021 | Sold | $195,000$264/sqft |
Source: Public Record Report a problem | ||
| 1/1/2013 | Listing removed | $900$1/sqft |
Source: Hotpads for Rent Report a problem | ||
| 11/8/2012 | Price change | $900-2.7%$1/sqft |
Source: vFlyer Rentals Report a problem | ||
| 10/30/2012 | Price change | $925-2.6%$1/sqft |
Source: vFlyer Rentals Report a problem | ||
| 10/18/2012 | Price change | $950+2.7%$1/sqft |
Source: vFlyer Rentals Report a problem | ||
| 9/29/2012 | Price change | $925-2.6%$1/sqft |
Source: vFlyer Rentals Report a problem | ||
| 8/31/2012 | Listed for rent | $950+2.7%$1/sqft |
Source: vFlyer Rentals Report a problem | ||
| 7/2/2011 | Listing removed | $925$1/sqft |
Source: vFlyer Rentals Report a problem | ||
| 6/22/2011 | Price change | $925-2.6%$1/sqft |
Source: vFlyer Rentals Report a problem | ||
| 4/22/2011 | Listed for rent | $950$1/sqft |
Source: vFlyer Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,722 -0.4% | $280,000 |
| 2023 | $3,738 +17.3% | $280,000 +21.7% |
| 2022 | $3,187 +36% | $230,000 +73.8% |
| 2021 | $2,344 +7.8% | $132,369 +10% |
| 2020 | $2,175 +5.9% | $120,335 +10% |
| 2019 | $2,054 | $109,395 -15.8% |
| 2018 | $2,054 +21.2% | $130,000 +8.3% |
| 2017 | $1,694 | $120,000 +4.3% |
| 2016 | $1,694 +3.3% | $115,000 +43.8% |
| 2015 | $1,641 +18.5% | $80,000 +6.7% |
| 2014 | $1,384 | $75,000 +21.5% |
| 2013 | -- | $61,750 |
| 2012 | -- | $61,750 -18.8% |
| 2011 | -- | $76,000 -30.4% |
| 2010 | -- | $109,250 -20.7% |
| 2009 | -- | $137,750 -21.6% |
| 2008 | -- | $175,750 |
| 2007 | -- | -- |
Find assessor info on the county website
Neighborhood: 32566
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Nearby schools
GreatSchools rating
- 8/10Holley-Navarre Intermediate SchoolGrades: 3-5Distance: 1.9 mi
- 7/10Holley-Navarre Middle SchoolGrades: 6-8Distance: 2.1 mi
- 5/10Navarre High SchoolGrades: 9-12Distance: 3 mi
Schools provided by the listing agent
- Elementary: Holley Navarre
- Middle: HOLLEY NAVARRE
- High: Navarre
Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Florida
- Santa Rosa County
- Navarre
- 32566
- 8436 Gulf Blvd Unit 523
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