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    118 Shirley Dr Gulf Breeze, FL 32561

    Sponsored
    For Sale
    $435,000

    Duplex - Gulf Breeze, FL

    Type:Duplex
    Property size:
    828 SF
    Days on Market:
    3
    Last Refresh:
    Jan 6 at 4:06 pm

    Property Features for 118 Shirley Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bedroom 1, Bedroom 2
    Bedrooms
    2
    Bathrooms
    1
    APN
    043S2935300000000G0
    Parking features
    Driveway
    Size
    828 SF

    Building Details

    Year built
    1969
    Floors in Building
    1
    Number of units
    2
    Architectural style
    Other

    Florida Investment Group LLC dba Keller Williams Realty Gulf Coast (850) 471-5000 [email protected]

    Listing agent Jennifer Keenan (850) 471-5000

    Listing date Jan 4, 2026

    MLS# 675561 Listing URL

    Copyright © 2026 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.

    Overview

    Turnkey Duplex in Gulf Breeze

    This duplex in Gulf Breeze, Florida, presents an investment opportunity with immediate income potential. The property, located at 118 and 120 Shirley Drive, is a solid brick building with a 2021 roof. Each of the two units features 2 bedrooms, 1 full bathroom, an open living and dining area, and a small walk-in laundry room. The kitchens are equipped with stainless steel appliances. Each unit also includes a privacy-fenced backyard. One unit is currently leased annually, while the second unit is vacant and available for showings. The unit at 120 Shirley Drive features a 2017 HVAC system and a 2021 water heater. The property is suitable for house-hacking, expanding a rental portfolio, or capitalizing on short-term rental demand. The property size is 828 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gulf Breeze
    County
    Santa Rosa
    State
    Florida
    Longitude
    -87.162722
    Latitude
    30.361259

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    FAQs

    What type of property is this?
    Duplex - Income-generating duplex in desirable Gulf Breeze location. Short-term rentals allowed.
    Where is this duplex located?
    The property is located at 118 Shirley Dr Gulf Breeze, FL.
    What is the asking price?
    The asking price for this property is $435,000.
    What are key features of this property?
    This property features: - Turnkey duplex in Gulf Breeze Proper with immediate income potential.; - Short-term rentals allowed (rare in this area).; - Solid brick building with a 2021 roof.
    (850) 471-5000
    Request Owner's contact information
    118 Shirley Dr Gulf Breeze, FL 32561
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    118 Shirley Dr Gulf Breeze, FL 32561
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