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$2,999,999
128 Days On Site

9661 Navarre Parkway
Navarre, FL 32566

For Sale|Single Family Residence|Pending
15
Beds
9
Full Baths
0
Partial Baths
6,129
SqFt
$489
/SqFt
1955
Built
Subdivision:
CRESCENT SHORES
County:
Santa Rosa
Listing courtesy of The White Sands Team of Levin Rinke Realty
Call Now: 850-502-3422
Is this the home for you? We can help make it yours.
850-502-3422
9661 Navarre Parkway9661 Navarre Parkway9661 Navarre Parkway9661 Navarre Parkway
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***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 of the 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!

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Listing Snapshot
Price 
$2,999,999
Days On Site 
128 Days
Bedrooms 
15
Inside Area (SqFt) 
6,129 sqft
Total Baths 
9
Full Baths 
9
Partial Baths 
N/A
Lot Size 
2.1 Acres
Year Built 
1955
MLS® Number 
954828
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
4 weeks agoStatus changed to Pending
4 months agoListing first seen on site
General Features
Acres 
2.1
Contingency 
Financing
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
1
Property Sub Type 
Single Family Residence
Security 
Security SystemSmoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
6129
Style 
Other
Utilities 
Cable AvailablePropane
Water Source 
Public
Zoning 
Resid Single Family
Interior Features
Appliances 
DishwasherRefrigeratorOven
Cooling 
Central Air
Flooring 
TileCarpet
Interior 
Breakfast Bar
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Exterior Features
Construction Details 
Frame
Lot Features 
LevelWooded
Patio And Porch 
Patio
Road Frontage 
State Road
Roof 
CompositionMetal
Community Features
MLS Area 
11 - Navarre/Gulf Breeze
Schools
School District
Unknown
Elementary School
Holley-Navarre
Middle School
Holley-Navarre
High School
Navarre
Listing courtesy of The White Sands Team of Levin Rinke Realty



Listing information is provided by Participants of the Emerald Coast Association of Realtors MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Emerald Coast Association of Realtors MLS.
Data last updated at: 2024-07-22 06:25 PM UTC

Neighborhood & Commute
Source: Walkscore
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