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$299,000
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Property Description
Welcome to Bonanza-where charm, flexibility, and Emerald Coast lifestyle come together. You will absolutely fall in love with this adorable and well-maintained three-bedroom home, perfectly positioned near the water without being in a flood zone. From the moment you arrive, the pride of ownership is undeniable. The property is fully fenced with a deep driveway and beautifully maintained landscaping, complete with mature plants, shrubs, and thoughtful stepping-stone details that immediately make you feel at home. Inside, you'll find an updated kitchen with all appliances conveying, opening into a cozy and inviting living space. A convenient bump-out area provides the perfect spot for a home office, just around the corner from the stackable laundry area (washer and dryer are negotiable). The former garage has been professionally converted into additional living space, creating a welcoming breakfast or formal dining area as you enter the home. Recent updates include fresh paint, updated doors, and flooring throughout. Step outside to discover a large powered workshop-ideal for a true workshop, hobby space, or easily convertible into a mother-in-law suite. The extended patio offers plenty of shade, making it perfect for relaxing summer evenings. The lot provides additional footprint for future expansion, allowing for more bedrooms or bathrooms if desired. With no HOA, there's ample room for RV parking and recreational toys-yes, bring the boat! Enjoy casual strolls down the road for water views, easy boat launching, and a laid-back coastal lifestyle ideal for pets, kids, and outdoor enthusiasts. All of this-near the water, outside the flood zone, no HOA, and incredible flexibility-at an attractive Emerald Coast price point in the low $300s. The sellers are also offering a flexible closing timeline. Join us for our upcoming double open house weekend, or schedule a private showing with advance notice. This Bonanza beauty truly checks every box.
Full Property Details
Full Property Details for 5471 Bonanza Dr
General
- Price: $299,000
- Status: Active
- Type: Single Family
- Source: Pensacola
- MLS ID: 677570
- Updated: 3/24/2026
- Added to Site: 50 day(s) ago
Interior
- Interior Features: Bonus Room
- Appliances: Electric Water Heater
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Living Room: 12 x 13, First Level, 156 Sq. Ft.
- Kitchen: Not Updated, 10 x 12, First Level, 120 Sq. Ft.
- Dining Room: Breakfast Room/Nook
Parking
- Parking Features: Driveway
Location
- County: Santa Rosa
- Subdivision: Barbarosa Ranchettes
- Driving Directions: From hwy 98, turn south onto Woodlawn Beach Road, then turn left onto Bonanza St. House will be on the right
School Information
- Elementary School: West Navarre
- Middle School: WOODLAWN BEACH
- High School: Gulf Breeze
Heating & Cooling
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Ranch
- Construction: Brick
- Roof: Shingle
- Stories/Levels: 1
- Square Feet: 1,325
- Year Built: 1981
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.22
- Lot Dimensions: 75 x 127
- Street/Road Desc.: Paved
- Road Maintenance: County Maintained Road
- Zoning: Res Single
Financial Considerations
- Price Per Sq. Ft.: $225.66
Disclosures and Reports
- Property ID: 302S27020000B000430
Listed by Keller Williams Realty Emerald Coast West Branch
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Schools
Schools serving 5471 Bonanza Dr
School District:Santa Rosa County School District
| Name | Grades | Distance |
|---|---|---|
West Navarre Intermediate School 1970 Cotton Bay Lane, Navarre, FL 32566 | 3-5 | 3.9 mi |
West Navarre Primary School 1955 Lowe Road, Navarre, FL 32566 | PK-2 | 4.6 mi |
Woodlawn Beach Middle School 1500 Woodlawn Way, Gulf Breeze, FL 32563 | 6-8 | 0.9 mi |
Gulf Breeze High School 675 Gulf Breeze Parkway, Gulf Breeze, FL 32561 | 9-12 | 10.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5471 Bonanza Dr
Date
Details
Price
Change
Source
3/24/2026
Price Reduced
$299,000
-3.52%
MLS
3/15/2026
Price Reduced
$309,900
-2.39%
MLS
2/22/2026
Price Reduced
$317,500
-2.24%
MLS
2/12/2026
Listed
$324,775
17.25%
MLS
9/01/2022
Sold
$277,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5471 Bonanza Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,234
-4%
$207,986
1%
2023
$2,317
61%
$205,286
47%
2021
$1,438
-2%
$139,524
-3%
2022
$1,466
2%
$143,710
63%
2021
$1,438
114%
$88,020
2%
2019
$672
2%
$86,041
2%
2018
$661
2%
$84,437
2%
2017
$646
-33%
$82,700
27%
2016
$965
2%
$65,078
4%
2015
$945
5%
$62,646
6%
2014
$904
146%
$58,960
3%
2013
$367
—
$57,038
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5471 Bonanza Dr
5471 Bonanza Dr, Gulf Breeze, FL 32563 (MLS# 677570) is a Single Family property with 3 bedrooms and 1 full bathroom. 5471 Bonanza Dr is currently listed for $299,000 and was received on February 12, 2026. Want to learn more about 5471 Bonanza Dr? Do you have questions about finding other Single Family real estate for sale in Gulf Breeze? You can browse all Gulf Breeze real estate or contact a Coldwell Banker agent to request more information.

