Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Waterfront Lot in Gulf Breeze Title is generated by Realmo AI

    2943 Coral Strip Parkway, Gulf Breeze, FL 32563

    View on Map
    Claim this Listing
    Pending
    $280,000

    LAND - Gulf Breeze, FL

    Lot size:
    0.28 Acres
    Added:
    Apr 7, 2026
    Days on Market:
    61
    Last Refresh:
    Jun 6 at 8:06 pm

    Property Features for 2943 Coral Strip Parkway

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    County, Resid Single Fami
    Standard status
    Pending
    APN
    30-2S-28-3240-00C00-0210
    Lot size
    0.28 Acres

    Taxes and HOA fees

    Tax Description
    POLYNESIAN ISLANDS 1ST ADD E 70 FT LOT 21 & W 30 FT LOT 20 BLK C AS DES IN OR 4431 PG 812

    Utilities

    Sewer type
    Public Sewer
    Water front
    1

    We can help!

    Listing Contact
    Travis Talley
    Travis Talley

    Listing agent Travis Talley License #3292694

    Listing office Keller Williams Realty Gulf Coast 913 Gulf Breeze Pkwy #44, Pensacola, FL

    Listing date Apr 7, 2026

    MLS# 1000006 Listing URL

    Copyright © 2026 Emerald Coast 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.

    HighLights

    • Deepwater Canal Frontage: Enjoy approximately 100 feet on an 8‑foot‑deep canal, perfect for boating and fishing.
    • Desirable Location: Located in the sought‑after Gulf Breeze K‑12 school district within the established Polynesian Islands neighborhood.
    • Sunset Views and Peaceful Surroundings: Experience stunning sunset views in a tranquil waterfront setting.
    • Ready to Build: The lot is ready to be cleared, with an existing survey available.
    • Potential for Customization: Well‑suited for a custom waterfront home with a pool, seawall, or boathouse.
    • Limited Boat Traffic: Tucked near the end of the canal, providing a quieter, more private waterfront setting.

    Overview

    This waterfront lot is located along an 8-foot-deep canal in Gulf Breeze. The 0.28-acre parcel features approximately 100 feet of canal frontage, offering sunset views and fishing opportunities. Situated in the Polynesian Islands neighborhood, the property benefits from a voluntary HOA. The location near the end of the canal provides limited boat traffic. The lot is ready to be cleared and built on, with an existing survey available. The layout is suited for a custom waterfront home with a pool, seawall, or boathouse. The property is located within the Gulf Breeze K-12 school district.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    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
    -87.099059
    Latitude
    30.393362

    Nearby Similar for Sale

    • $650,000

      Waterfront Land in Gulf Breeze

      Rare waterfront lot with direct water access to Santa Rosa Sound.
      4503 Brickyard Bayou Rd, Gulf Breeze, FL 32563
      View Details
    • $749,000

      Waterfront Land in Gulf Breeze

      Bayfront parcel with new seawall and dock permit.
      1671 Paradise Cove Ct, Gulf Breeze, FL 32563
      View Details
    • $425,000

      Waterfront Lot in Gulf Breeze

      Half-acre waterfront lot with stunning views in desirable location.
      Soundview Trl, Gulf Breeze, FL 32561
      View Details
    • $400,000

      Waterfront Homesite for Single-Family Build

      Single-family residential waterfront lot with utility access and available survey and wetlands assessment.
      5971 Emerald Sound Drive, Gulf Breeze, FL 32563
      View Details
    • $149,999

      Waterview Land with Deeded Access

      Land with waterview, deeded access, and community amenities.
      1551 Winding Shore Dr, Gulf Breeze, FL 32563
      View Details
    • $99,000

      Gulf Breeze Commercial Land Available

      Commercial land in Gulf Breeze Proper, suitable for professional use.
      61 Baybridge Dr, Gulf Breeze, FL 32561
      View Details
    • $275,000
      900 SF

      Gulf Breeze Land with Quonset

      Land with quonset building, pole barn, and storage building.
      1801 Anderson, Gulf Breeze, FL 32563
      View Details
    • $400,000

      Waterfront Homesite with 150-Foot Frontage

      Build on a Santa Rosa Sound waterfront lot with water and sewer available, plus survey and wetlands assessment reports.
      5971 Emerald Sound Dr, Gulf Breeze, FL 32563
      View Details
    • $70,000

      Wooded Lot in Gulf Breeze

      Residential land suitable for single-family, mobile, or modular homes.
      Charter Circle, Gulf Breeze, FL 32563
      View Details
    • $599,000

      Bayfront Lot in Gulf Breeze

      Rare waterfront lot with build-ready documents in place.
      2952 Coral Strip Pkwy, Gulf Breeze, FL 32563
      View Details
    • $167,382

      Residential Homesite in Woodlore Subdivision

      Spacious homesite in established Gulf Breeze neighborhood, close to amenities.
      1062 Woodlore Cir, Gulf Breeze, FL 32563
      View Details
    • $225,000

      Gulf Breeze Homesite Opportunity

      1.61-acre homesite in desirable Gulf Breeze area.
      99-100 Soundside Drive, Gulf Breeze, FL 32563
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Waterfront lot for sale in a desirable coastal community.
    Where is this waterfront land located?
    The property is located at 2943 Coral Strip Parkway Gulf Breeze, FL.
    What is the asking price?
    The asking price for this property is $280,000.
    What are key features of this property?
    This property features: Deepwater Canal Frontage: Enjoy approximately 100 feet on an 8‑foot‑deep canal, perfect for boating and fishing.; Desirable Location: Located in the sought‑after Gulf Breeze K‑12 school district within the established Polynesian Islands neighborhood.; Sunset Views and Peaceful Surroundings: Experience stunning sunset views in a tranquil waterfront setting.
    (850) 490-1519
    We can help!
    Listing Contact
    Travis Talley
    Travis Talley
    Real Estate License ID: 3292694
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2943 Coral Strip Parkway, Gulf Breeze, FL 32563
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!