8477 Gulf Blvd APT 703, Navarre, FL 32566
What's special
Experience the best of Navarre Beach in this high-producing, fully furnished West End corner unit at Caribbean Resort, where unobstructed Gulf and Santa Rosa Sound views take center stage! With over $95K in rental income generated in 2025 and a strong 10+ year rental history filled with stellar reviews and repeat guests, this is an incredible investment opportunity. There are no high rises blocking the panoramic views, allowing endless sunsets and natural light to pour in. The lockout unit creates rental flexibility and income potential. Inside, the main living areas are finished with travertine tile and vinyl flooring in select bedrooms - no carpet! The unit also features 2 newer AC units (2026 & 2023). The living and dining area features floor-to-ceiling windows that frame the Gulf and Sound, creating a bright, airy coastal atmosphere. The kitchen showcases custom cabinetry, glass-pane lighted upper cabinets, abundant storage, stainless steel appliances, granite countertops, a built-in wine rack and stemware holder, and a breakfast bar. The primary suite easily accommodates a king-size bed and sitting area and features balcony access and a walk-in closet. The guest bedroom includes a walk-in closet and a convenient ensuite bathroom, with access also available from the main living area. The lockout suite can be accessed both internally and from an exterior entrance, making it ideal for maximizing rental income or hosting guests. It offers its own balcony, en suite bathroom, double closets, and space for a sitting area. Additional highlights include a hidden laundry area concealed behind kitchen cabinetry, generous storage throughout, and a dedicated owner’s closet. Caribbean Resort offers fantastic amenities including a Gulf-front pool, hot tub, gated beach access, two parking spaces per unit, private storage, and a recently renovated BBQ area with new grills. This is a rare opportunity to own a proven income-producing beach property with unbeatable views!
- 143 days
- 605
- 54
Travel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Travis Talley 850-916-5800,
KELLER WILLIAMS REALTY GULF COAST
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: First
- Area: 276.5
- Dimensions: 21 x 13.17
Bedroom
- Level: First
- Area: 198.34
- Dimensions: 14.08 x 14.08
Bedroom 1
- Level: First
- Area: 281.94
- Dimensions: 14.58 x 19.33
Bathroom
- Level: First
- Area: 39.74
- Dimensions: 4.92 x 8.08
Bathroom 1
- Level: First
- Area: 46.07
- Dimensions: 8.92 x 5.17
Dining room
- Level: First
- Area: 156.06
- Dimensions: 8.83 x 17.67
Kitchen
- Level: First
- Area: 182.94
- Dimensions: 12.33 x 14.83
Living room
- Level: First
- Area: 303.09
- Dimensions: 17.92 x 16.92
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven
- Laundry: Inside, W/D Hookups
Features
- Storage, Baseboards, Ceiling Fan(s), Crown Molding, High Ceilings, High Speed Internet, Recessed Lighting, Track Lighting
- Flooring: Travertine, Vinyl, Simulated Wood
- Windows: Double Pane Windows, Drapes, Drapery Rods
- Has basement: No
Interior area
- Total structure area: 1,824
- Total interior livable area: 1,824 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: 2 Space/Unit
Features
- Levels: One
- Stories: 1
- Exterior features: Balcony
- Pool features: None, Community
- Spa features: Community
- Has view: Yes
- View description: Gulf, Water
- Has water view: Yes
- Water view: Gulf, Water
- Waterfront features: Gulf, Waterfront, Natural, Beach, Waterfront Deed Access
- Frontage length: Water Frontage(142)
Lot
- Size: 2.12 Acres
- Features: Interior Lot
Details
- Parcel number: 282s269099000000703
- On leased land: Yes
- Zoning description: Res Single
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium
Materials
- Concrete, Steel
- Foundation: Pillar/Post/Pier
- Roof: Flat
Condition
- Resale
- New construction: No
- Year built: 1999
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Elevator, Picnic Area
- Subdivision: Caribbean Resort
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Insurance, Land Lease, Management, Trash, Water/Sewer
- HOA fee: $21,433 annually
Location
- Region: Navarre
Financial & listing details
- Price per square foot: $600/sqft
- Tax assessed value: $725,000
- Annual tax amount: $8,400
- Price range: $1.1M - $1.1M
- Date on market: 5/28/2026
- Cumulative days on market: 144 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/28/2026 | Price change | $1,095,000-8.8%$600/sqft |
Source:  ECAOR #1004158 Report a problem | ||
| 5/28/2026 | Listed for sale | $1,200,000+133%$658/sqft |
Source: ECAOR #1004158 Report a problem | ||
| 7/20/2016 | Sold | $515,000-6.4%$282/sqft |
Source:  PAR #491378 Report a problem | ||
| 11/25/2015 | Listed for sale | $550,000+13.4%$302/sqft |
Source: PRUDENTIAL HOLLEY PROPERTIES #491378 Report a problem | ||
| 7/19/2012 | Sold | $485,000-3%$266/sqft |
Source: PAR #419031 Report a problem | ||
| 6/8/2012 | Listed for sale | $500,000$274/sqft |
Source: COLDWELL BANKER UNITED, REALTORS #419031 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,400 +6.4% | $658,845 +10% |
| 2024 | $7,896 +3.3% | $598,950 +10% |
| 2023 | $7,644 +16% | $544,500 +10% |
| 2022 | $6,588 +11.4% | $495,000 +10% |
| 2021 | $5,913 +0.9% | $450,000 +2.3% |
| 2020 | $5,858 +5.1% | $440,000 +6% |
| 2019 | $5,571 | $415,000 +2.5% |
| 2018 | $5,571 +1.3% | $405,000 |
| 2017 | $5,499 | $405,000 +6.6% |
| 2016 | $5,499 +8.4% | $380,000 +20.6% |
| 2015 | $5,074 +11.5% | $315,000 |
| 2014 | $4,551 | $315,000 +7% |
| 2013 | -- | $294,500 +3.3% |
| 2012 | -- | $285,000 |
| 2011 | -- | $285,000 -1.6% |
| 2010 | -- | $289,750 -36.5% |
| 2008 | -- | $456,000 |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Monthly payment
Estimated market value
Not available
Estimated sales range
Not available
Not available
Climate risks
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