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$1,200,000 Just Listed
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Property Description
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 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!
Full Property Details
Full Property Details for 8477 Gulf Blvd #703
General
- Price: $1,200,000
- HOA FEE: $21,433
- Status: Active
- Type: Condo
- Source: Pensacola
- MLS ID: 683360
- Updated: Today (5/28/2026)
- Added to Site: Today
Interior
- Interior Features: Storage, Baseboards, Ceiling Fan(s), Crown Molding, High Ceilings, High Speed Internet, Recessed Lighting, Track Lighting
- Appliances: Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven
- Flooring: Travertine, Vinyl, Simulated Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Bathroom: 4.916666666 x 8.0833, First Level
- Bathroom 1: 8.916666666 x 5.1666, First Level, 46.0694 Sq. Ft.
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: 21 x 13.1666666, First Level, 276.5 Sq. Ft.
- Bedroom 1: 14.083333333 x 14.0833333, First Level, 198.3403 Sq. Ft.
- Bedroom 2: 14.583333333 x 19.3333333, First Level, 281.9444 Sq. Ft.
Other Rooms
- Living Room: 17.916666666 x 16.9166666, First Level, 303.0903 Sq. Ft.
- Kitchen: Not Updated, Granite Counters, Solid Surface Countertops, Stone Counters, 12.333333333 x 14.8333333, First Level, 182.9444 Sq. Ft.
- Dining Room: Breakfast Bar, Living/Dining Combo, 8.833333333 x 17.6666666, First Level, 156.0556 Sq. Ft.
- Laundry: Inside, W/D Hookups
Additional Information
- Shared Amenities: Beach, Pool, Elevator, Picnic Area, Waterfront Deed Access
- Shared Pool: Yes
- Pool: Yes
Exterior
- Exterior Features: Balcony
Parking
- Total Spaces: 2
- Parking Features: 2 Space/Unit
Location
- County: Santa Rosa
- Subdivision: Caribbean Resort
- Building Name: Caribbean Resort
- Driving Directions: From HWY 98 across the Navarre Beach Bridge, head South. Turn West onto Gulf Blvd. Caribbean Resort will be on the left.
School Information
- Elementary School: Holley Navarre
- Middle School: HOLLEY NAVARRE
- High School: Navarre
Community
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Construction: Concrete, Steel
- Roof: Flat
- Stories/Levels: 1
- Square Feet: 1,824
- Year Built: 1999
- Property Condition: Resale
Lot Features
- Property View: Gulf, Water
- Lot Size (Acres): 2.124
- Street/Road Desc.: Paved
- Road Maintenance: Private Maintained Road
- Lot Features: Interior Lot
- Zoning: Res Single
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Gulf, Waterfront, Natural
Financial Considerations
- Price Per Sq. Ft.: $657.89
- Association Fee: $21,433
Disclosures and Reports
- Property ID: 282S269099000000703
Listed by Keller Williams Realty Gulf Coast
Get Pre-Approved Today
Schools
Schools serving 8477 Gulf Blvd #703
School District:Santa Rosa County School District
| Name | Grades | Distance |
|---|---|---|
Holley-Navarre Intermediate School 1936 Navarre School Road, Navarre, FL 32566 | 3-5 | 2.1 mi |
Holley-Navarre Primary School 8019 Escola Street, Navarre, FL 32566 | PK-2 | 2.2 mi |
Holley-Navarre Middle School 1976 Williams Creek Drive, Navarre, FL 32566 | 6-8 | 2.2 mi |
Navarre High School 8600 High School Boulevard, Navarre, FL 32566 | 9-12 | 3.1 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 8477 Gulf Blvd #703
Date
Details
Price
Change
Source
5/28/2026
Listed
$1,200,000
147.42%
MLS
7/16/2012
Sold
$485,000
—
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 8477 Gulf Blvd #703
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,896
3%
$700,000
—
2023
$7,644
29%
$700,000
56%
2021
$5,913
-10%
$450,000
-18%
2022
$6,588
11%
$550,000
25%
2021
$5,913
7%
$440,000
9%
2018
$5,533
1%
$405,000
—
2017
$5,499
-1%
$405,000
-2%
2019
$5,571
10%
$415,000
9%
2016
$5,074
11%
$380,000
21%
2015
$4,551
-2%
$315,000
—
2014
$4,627
4%
$315,000
7%
2013
$4,439
—
$294,500
—
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 8477 Gulf Blvd #703
8477 Gulf Blvd #703, Navarre Beach, FL 32566 (MLS# 683360) is a Condo property with 3 bedrooms and 3 full bathrooms. 8477 Gulf Blvd #703 is currently listed for $1,200,000 and was received on May 28, 2026. Want to learn more about 8477 Gulf Blvd #703? Do you have questions about finding other Condo real estate for sale in Navarre Beach? You can browse all Navarre Beach real estate or contact a Coldwell Banker agent to request more information.

