- Price$2,999,999
- Beds15
- Baths9
- SQ. Feet6,129
- Acres2.10
- Built1955
9661 Navarre Pkwy, NAVARRE
***INVESTOR ALERT***Now on the market is one of the most unique waterfront properties in Navarre. Over 2 acres on the sound with 229 feet of sandy beach, high and dry flat level lot, vast majority of the property is in flood zone X. This investment property has a 1701 square foot main home on the water with SIX additional 2 bedroom/1 bath 738 sqft renovated fully furnished cottages that provide instant income. You will not find many properties like this on the Florida Panhandle. The wonderfully remodeled concrete block cottages at this gated property are currently rented through AirBnB. The property also features plenty of room for parking RVs, beautiful live oaks, breathtaking water views, and so much more. This property has gone through an extensive remodel and overhaul. Some ofthe improvements include: Brand new lift station serving the 6 cottages, full new plumbing work and fixtures, walk in showers added, new sewer line into the cottages, all new wiring including panels and meters, roofs and trusses replaced, HVAC systems, impact windows, luxury vinyl floors, quartz countertops, appliances, the list goes on and on. Last year rental income was $145k with four of the cottages renovated, now all six of the are completed and now being rented. Currently the owner does not do same day turnovers and does not rent during the winter months so more rental income could be generated. The main home could also be rented out, lived in, or provide housing for an onsite manager. Properties like this simply do not come around very often!
Essential Information
- MLS® #954828
- Price$2,999,999
- Bedrooms15
- Bathrooms9.00
- Full Baths9
- Square Footage6,129
- Acres2.10
- Year Built1955
- TypeResidential
- Sub-TypeDetached Single Family
- StyleOther
- StatusActive
Amenities
- UtilitiesElectric Available, Public Sewer Available, Public Water Available, TV Cable Available, Gas - Propane, Lift Station
- Parking Spaces2
- ParkingGarage, Oversized, RV
- # of Garages2
- Is WaterfrontYes
- WaterfrontIntracoastal Waterway, Shore: Seawall, Sound
Exterior
- ExteriorSiding Brick All, Frame, Roof Composite Shingle, Roof Metal
- Exterior FeaturesPatio Open
- Lot DescriptionInterior, Level, Within 1/2 Mile Of Water, Bulkhead/Seawall, Flood Insurance Required, Wooded
- RoofRoof Composite Shingle, Roof Metal
- ConstructionFrame
Additional Information
- Days on Website2
- ZoningResidential Single Family
- HOA Fees0.00
Community Information
- Address9661 Navarre Pkwy
- AreaNavarre/Gulf Breeze
- SubdivisionCRESCENT SHORES
- CityNAVARRE
- CountySANTA ROSA
- StateFL
- Zip Code32566
Interior
- Interior FeaturesBreakfast Bar, Fireplace, Floor Tile, Floor WW Carpet, Split Bedroom, Washer/Dryer Hookup
- AppliancesDishwasher, Range Hood, Refrigerator, Smoke Detector, Oven Continue Clean, Security System
- HeatingA/C: Central Gas
- CoolingA/C: Central Electric, A/C: Central Gas
- FireplaceYes
- FireplacesFireplace
- # of Stories1
School Information
- ElementaryHOLLEY-NAVARRE
- MiddleHOLLEY-NAVARRE
- HighNAVARRE
Listing Details
- Listing OfficeLevin Rinke Realty
DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2024, All rights reserved.