Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$2,900,000

  • For Sale
  • Active
  • Commercial
See This Home
Save This Home
See This Home
Save This Home
Exceptional opportunity to acquire a fully operational 6,100+/- SF restaurant with land & building. Located in high-growth Navarre, Florida (Santa Rosa County), this established operation previously featured a pizza restaurant, ice cream shop, full bar, and arcade room, but offers flexibility to be rebranded or converted to another restaurant concept of the buyer's choice. The property also includes a 3,300+/- SF outparcel, offering excellent potential for additional income. This site is ideal for developing an office or medical building, adding significant value and versatility to the overall property. Located directly on Hwy 87, one of the area's busiest traffic corridor with 23,500 Annual Average Daily Traffic!

Full Property Details for 2502 FL-87

General

  • Price: $2,900,000
  • Status: Active
  • Type: Commercial
  • Source: Navarre_NABOR
  • MLS ID: 989874
  • Updated: 1/8/2026
  • Added to Site: 63 day(s) ago

Location

  • Area: 11 - Navarre/Gulf Breeze
  • County: Santa Rosa
  • Driving Directions: Travel North from on Hwy 98 onto Hwy 87. Property will be on the right.

Structural Information

  • Description/Design: Restaurant/Bldg/Property

Unit Information

  • Other Units: 1

Lot Features

  • Lot Size (Acres): 2.03
  • Lot Dimensions: 369 x 257 x 330 x 256
  • Lot Depth: 257
  • Zoning: HCD

Disclosures and Reports

  • Legal Description: See Full Description under Documents
  • APN: 17-2S-26-0000-00173-0000
Buyer's Brokerage Compensation: 2%
Not binding unless confirmed by separate agreement among applicable parties.

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Meet the listing agents

Meet the listing agents
— 2502 FL-87 —

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2502 FL-87

School District:Santa Rosa County School District
NameGradesDistance
Holley-Navarre Primary School
8019 Escola Street, Navarre, FL 32566
PK-21.7 mi
Holley-Navarre Intermediate School
1936 Navarre School Road, Navarre, FL 32566
3-51.8 mi
Holley-Navarre Middle School
1976 Williams Creek Drive, Navarre, FL 32566
6-81.8 mi
Navarre High School
8600 High School Boulevard, Navarre, FL 32566
9-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2502 FL-87 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/07/2026
Price Reduced
$2,900,000
-30.95%
MLS
11/18/2025
Listed
$4,200,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 2502 FL-87

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Similar Properties near 2502 FL-87

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

119 NW Hollywood Blvd NW, Fort Walton Beach, FL 32548 - Photo 1
$2,900,000

119 NW Hollywood Blvd NW  Fort Walton Beach, FL 32548

  • Commercial
  • Active

Just Listed near 2502 FL-87

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1495 Seaside Cir, Navarre Beach, FL 32566 - Photo 1 Just Listed
$1,099,900

1495 Seaside Cir  Navarre Beach, FL 32566

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,108
    Sq. Ft.
7453 Sunset Harbor Dr, Navarre Beach, FL 32566 - Photo 1 Just Listed
$330,000

7453 Sunset Harbor Dr  #102  Navarre Beach, FL 32566

  • Condo
  • Active
  • Updated 22 hours ago
  • 1
    Bed
  • 1
    Total Bath
  • 492
    Sq. Ft.
8162 Gulf Blvd, Navarre Beach, FL 32566 - Photo 1 Just Listed
$1,450,000
Open House

8162 Gulf Blvd  Navarre Beach, FL 32566

  • Single Family
  • Active
  • Updated 1 hour ago
  • 4
    Beds
  • 4
    Total Baths
  • 1,814
    Sq. Ft.
477 Cascabellas St, Mary Esther, FL 32569 - Photo 1 Just Listed
$344,000
Open House

477 Cascabellas St  Mary Esther, FL 32569

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,474
    Sq. Ft.
Listed by Becky Nicholson (850) 375-7686

Price Reduced near 2502 FL-87

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1460 Sonata Ct, Navarre Beach, FL 32566 - Photo 1 Price Reduced
-$4,000 (-1.34%)
$295,000

1460 Sonata Ct  Navarre Beach, FL 32566

  • Residential Lots
  • Active
  • Updated 1 day ago
  • 0.11
    Acres
8499 Gulf Blvd, Navarre Beach, FL 32566 - Photo 1 Price Reduced
-$1,000 (-0.14%)
$708,900

8499 Gulf Blvd  #1703  Navarre Beach, FL 32566

  • Condo
  • Active
  • Updated 4 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,378
    Sq. Ft.
7403 Grand Navarre Blvd, Navarre Beach, FL 32566 - Photo 1 Price Reduced
-$5,000 (-0.28%)
$1,794,900

7403 Grand Navarre Blvd  Navarre Beach, FL 32566

  • Single Family
  • Active
  • Updated 6 days ago
  • 5
    Beds
  • 7
    Total Baths
  • 3,724
    Sq. Ft.
1695 W Hwy 98 W, Mary Esther, FL 32569 - Photo 1 Price Reduced
-$2,000 (-0.62%)
$322,900

1695 W Hwy 98 W  #102  Mary Esther, FL 32569

  • Condo / Townhouse
  • Active
  • Updated 2 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,250
    Sq. Ft.

Recent Sales near 2502 FL-87

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

7927 Gulf Blvd, Navarre, FL 32566 - Photo 1 Sold
$3,100,000

7927 Gulf Blvd  Navarre, FL 32566

  • Single Family
  • Closed
  • 4
    Beds
  • 4
    Total Baths
  • 3,230
    Sq. Ft.
Listed by Carol Brown Family Real Estate Pa
Sold by Levin Rinke Realty
7927 Gulf Blvd, Navarre Beach, FL 32566 - Photo 1 Sold
$3,100,000

7927 Gulf Blvd  Navarre Beach, FL 32566

  • Single Family
  • Closed
  • 4
    Beds
  • 4
    Total Baths
  • 3,230
    Sq. Ft.
7330 Grand Navarre Blvd, Navarre, FL 32566 - Photo 1 Sold
$3,250,000

7330 Grand Navarre Blvd  Navarre, FL 32566

  • Single Family
  • Closed
  • 6
    Beds
  • 5
    Total Baths
  • 3,201
    Sq. Ft.
7382 Grand Navarre Blvd, Navarre, FL 32566 - Photo 1 Sold
$2,475,000

7382 Grand Navarre Blvd  Navarre, FL 32566

  • Single Family
  • Closed
  • Updated 13 days ago
  • 5
    Beds
  • 6
    Total Baths
  • 3,056
    Sq. Ft.
Listed by Carol Brown Family Real Estate Pa
Non Member Office (NABOR)

2502 Fl-87, Navarre, FL 32566 (MLS# 989874) is a Commercial property. 2502 Fl-87 is currently listed for $2,900,000 and was received on November 18, 2025. This property is listed by Susan De Leon from our Navarre/Gulf Breeze Office.Want to learn more about 2502 Fl-87? Do you have questions about finding other Commercial real estate for sale in Navarre? You can browse all Navarre real estate or contact a Coldwell Banker agent to request more information.

Tour this property