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8477 Gulf Blvd # 703, Navarre Beach FL 32566
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8477 Gulf Blvd # 703, Navarre Beach FL 32566

8477 Gulf Blvd, Navarre Beach, FL, 32566

$1,095,000

$1,095,000

3

Bedrooms

3

Bathrooms

1,824

Square Feet

2.124 acres

Lot Size

1999

Year Built

$600

Price / SqFt

MLS# 683360Residential147 days on market

Listed by: KELLER WILLIAMS REALTY GULF COAST, 850-471-5000

Listing data provided by the Multiple Listing Service of the Pensacola Association of REALTORS.

About This Property

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!

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Highlights

WaterfrontPoolVirtual Tour AvailableGranite CountertopsStainless SteelWalk-in Closet

Property Details

Location & Nearby Places

Third-party data, not part of the MLS listing

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Estimate

Mortgage Calculator

Down Payment20% · $219,000
Interest Rate6.75%
Loan Term30 years

Estimated Monthly Payment

$7,005/mo

Principal & Interest$5,682
Taxes$1,004
Insurance$319
Loan Amount$876,000

Taxes and insurance are estimated at typical local rates; actual rates, taxes, insurance, and loan terms vary by lender and property. Figures are estimates derived from available MLS data for informational purposes only, are not guaranteed, and should not be relied upon as an appraisal or professional advice.

Fair housing & lending: These figures are informational estimates only, not a lending decision, loan offer, or extension of credit. Pelican Realty & Co. provides all housing services in accordance with the Fair Housing Act and does not discriminate on the basis of race, color, religion, sex, handicap (disability), familial status, national origin, or any other protected class.

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MLS® Disclaimer

Listing data last updated: October 22, 2026 at 2:05 PM

Copyright 2026 by the Multiple Listing Service of the Pensacola Association of REALTORS. This information is believed to be accurate but is not guaranteed.

$1,095,000

Pelican Realty & Co. serves home buyers and sellers across the Florida Gulf Coast, with a focus on the communities that make the Pensacola Bay area one of the most desirable places to live in the Southeast. From the historic streets and bayfront neighborhoods of Pensacola to the sugar-white shores of Pensacola Beach and Perdido Key, our agents help clients find the right home in the right setting — whether that’s a Gulf-front condo, a waterfront estate in Gulf Breeze, or a single-family home on a larger lot in Pace or Milton.

Our service area spans the Emerald Coast’s most sought-after communities, including Pensacola, Gulf Breeze, Navarre, Pace, Pensacola Beach, Milton, Perdido Key, Ferry Pass, Cantonment, and Bellview. Within each, we know the neighborhoods that define the local market — from East Hill and Cordova Park in Pensacola to Tiger Point and Oriole Beach in Gulf Breeze, the canopied streets of Bagdad in Milton, and the Gulf-front towers of Portofino on Pensacola Beach.

Whether you’re searching for a luxury waterfront home, a low-maintenance condo with rental potential, a new-construction single-family home, or acreage with room to grow, our team brings local expertise and a relationship-first approach to every transaction. Explore our community guides and active MLS listings to see what’s available in your corner of the Gulf Coast.

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