Description of 8468 Gulf Boulevard 2 & 3
Turnkey Beachside Investment Opportunity - Two Units for the Price of One! Located directly across the street from public beach access in the heart of Navarre Beach, this fully renovated 4BR/3BA coastal retreat offers Gulf views, exceptional flexibility, and outstanding short-term rental potential. Originally designed as two separate units, the property was thoughtfully combined into one spacious residence while still offering the possibility of conversion back to two standalone units for enhanced ROI and rental income. Extensive renovations include a new roof, luxury flooring, updated kitchens and bathrooms, custom shaker cabinetry, dolomite countertops, stainless steel appliances, designer finishes, and a custom staircase. The main residence features 3 bedrooms and 2.5 baths, while the separate studio suite comfortably sleeps four, creating the perfect setup for multi-generational living, owner occupancy with supplemental rental income, or maximizing guest accommodations. Enjoy beautiful Gulf views from the south-facing balconies and the convenience of being just steps from Navarre Beach's sugar-white sands and emerald waters. With two full kitchens, multiple living spaces, and flexible ownership options, this property is ideal as a primary residence, second home, vacation getaway, or income-producing investment property. Current rental projections exceed $60,000 annually with frequent owner use, while the option to re-establish two independent units is a possibility.
Legal Description
UNIT 3 A PORT OF LOT 7 BLK B SUGAR DUNES UNRECORDED SUB DES AS FOLLOWS: COM AT NE CORN OF LOT 20 1ST ADD NAVARRE BCH SEC 1 THN N10 49'27''W 120 FT TO N R/W OF GULF BLVD THN N79 10'33''E ON N R/W 300 FT & CONT 276.22 FT THN CONT 46 FT TO TH POB CONT 16 FT THN N10 49'27''W 100 FT THN S79 10'33''W 16 FT THN S10 49'27''E 100 FT TO POB & FORMER UNT 2 DES AS FOLS: UNIT 2 A PORT OF LOT 7 BLK B SUGAR DUN
Features of 8468 Gulf Boulevard 2 & 3
| MLS® # | 1004801 |
|---|---|
| Price | $799,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Full Baths | 3 |
| Half Baths | 1 |
| Square Footage | 2,636 |
| Year Built | 1984 |
| Type | Townhouse |
| Sub-Type | Townhouse |
| Style | Beach House |
| Status | Active |
Community Information
| Address | 8468 Gulf Boulevard 2 & 3 |
|---|---|
| Area | 11 - Navarre/Gulf Breeze |
| Subdivision | CAJUN BELLE TOWNHOUSES |
| City | Navarre |
| County | Santa Rosa |
| State | FL |
| Zip Code | 32566 |
Amenities
| Utilities | Public Sewer, Public Water |
|---|---|
| Parking | Attached Carport, Carport, Covered |
| # of Garages | 2 |
| View | Gulf/Pass |
| Water View | Gulf/Pass |
Interior
| Interior Features | In-Law Floorplan, Recessed Lighting, Lock Out, Newly Painted, Pantry, Washer/Dryer Hookup |
|---|---|
| Appliances | Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater |
| Heating | Central |
| Cooling | Central Air |
| # of Stories | 3 |
Exterior
| Exterior Features | Outdoor Grill, Balcony, Private Yard, Outdoor Shower, Separate Living Area, Rain Gutters |
|---|---|
| Lot Description | Within 1/2 Mile to Water |
| Windows | Window Treatments |
| Roof | Shingle |
| Construction | Foundation Stilts, Frame, Stucco |
School Information
| Elementary | Holley-Navarre Primary-Intermed |
|---|---|
| Middle | Holley-Navarre |
| High | Navarre |
Additional Information
| Zoning | County, Deed Restrictions |
|---|
Listing Details
| Office | Better Homes and Gardens Real Estate Emerald Coast |
|---|