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Lot For Sale
9661 Navarre Pkwy
Navarre, Florida 32566
Santa Rosa CountyWaterfront:
YesCommunity:
![map map](/img/map-icon.png)
$2,999,999
0.000 acres
***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 . 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!
- Lot Size: 0.000 acre
- Lot Dimensions:
- Waterfront: Yes
- View Types:
- MLS #: 649118
Contact Information:
![Beach Lot For Sale in Navarre, Florida](https://images.beachhouse.com/files/medium/491/180/gal_3yd-PARFL-649118_0.jpg)
Listing Agent: Jon Worley, Levin Rinke Resort Realty, 850-916-5050, 850-916-5050
Listing Site, Listing Status: Active
Copyright © 2024 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2024 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5197237
Viewed 37 times.
Updated: Jul 25, 2024