Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7770 Gulf Blvd Navarre Beach, FL 32566

    View on Map
    Claim this Listing
    For Sale
    $999,900

    LAND - Navarre Beach, FL

    Lot size:
    0.27 Acres
    Added:
    May 13, 2022
    Days on Market:
    1449
    Last Refresh:
    Apr 30 at 1:06 pm

    Property Features for 7770 Gulf Blvd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    282S269180010000130
    Lot size
    0.27 Acres

    Taxes and HOA fees

    Tax Description
    NAVARRE BEACH RESUB OF BLK 10 RES SEC 1 LOT 13 BLK 10 AS DES IN OR 2003 PB 928

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    John Sutherland

    Listing agent John Sutherland

    Listing office REALTY ASSOC. OF SANTA ROSA 2045 Fountain Professional Center Suite B, NAVARRE, FL

    Listing date May 13, 2022

    MLS# 608736 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

    Navarre Beach Residential Land Opportunity

    Located at 7770 Gulf Boulevard in Navarre Beach, FL 32566, this vacant land offers an opportunity for residential development. The property spans 90 x 125 ft and is zoned for residential use. The location is near a public beach access point. The surrounding area includes National Seashores, offering opportunities for outdoor activities such as kayaking and walks along the shore. Builders are available to construct a home on this land. This property offers the potential to create a personal residence or serve as an investment in the real estate market. The lot size is 0.27 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Hotel & Motel Car Rental Facility Bed & Breakfast Travel Agency Parking Lot & Garage

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

    Location Insight

    • Map
    • Local Demand
    City
    Navarre Beach
    County
    Santa Rosa
    State
    Florida
    Longitude
    -86.902432
    Latitude
    30.3746255

    Nearby Similar for Sale

    • $889,900

      Gulf-View Lot on Navarre Beach

      Prime Gulf-view lot on Navarre Beach, build your dream home.
      7536 Gulf Blvd, Navarre Beach, FL 32566
      View Details
    • $2,500,000

      Gulf-Front Vacant Lot Opportunity

      Prime Gulf-front vacant lot on Navarre Beach.
      7539 Gulf Blvd, Navarre Beach, FL 32566
      View Details
    • $327,000

      Navarre Beach Waterfront Land

      Sound side lot with amenities and no rental restrictions.
      1428 Sonata Ct, Navarre Beach, FL 32566
      View Details
    • $275,000

      Navarre Beach Waterview Lot

      Rare opportunity to build your dream home on Navarre Beach.
      Bermuda Dr lot: 2, Navarre Beach, FL 32566
      View Details
    • $599,000

      Waterfront Lot in Navarre Beach

      Waterfront corner lot with new dock ready for dream home.
      1428 Alabama St, Navarre Beach, FL 32566
      View Details
    • $999,000
      1,680 SF

      Navarre Beach Vacation Rental Condo

      Three-bedroom condo with Gulf views and strong rental income.
      8501 Gulf Blvd 10C, Navarre Beach, FL 32566
      View Details
    • $329,900

      LAND - Navarre Beach, FL

      7331 Grand Navarre Blvd, Navarre Beach, FL 32566
      View Details
    • $889,900

      Navarre Beach Gulf Blvd Land

      Land available on Gulf Blvd, Navarre Beach.
      7536 Gulf Blvd, Navarre Beach, FL 32566
      View Details
    • $12

      Navarre Beach Land For Sale

      Land available in Navarre Beach, Florida.
      1428 Alabama St, Navarre Beach, FL 32566
      View Details
    • $425,000

      Navarre Beach Vacant Lot

      Vacant lot in gated community, backs to government property.
      1416 Seaside Cir, Navarre Beach, FL 32566
      View Details
    • $955,000

      Navarre Beach Gulf View Land

      Spacious lot across from the Gulf on Navarre Beach.
      8212 Gulf Blvd, Navarre Beach, FL 32566
      View Details
    • $325,000

      Navarre Beach Vacant Land

      Vacant lot in gated Navarre Beach coastal neighborhood.
      1498 Seaside Cir, Navarre Beach, FL 32566
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Vacant land near public beach access for residential development.
    Where is this residential land & home lot located?
    The property is located at 7770 Gulf Blvd Navarre Beach, FL.
    What is the asking price?
    The asking price for this property is $999,900.
    What are key features of this property?
    This property features: Prime vacant land (90 x 125 ft) zoned for residential development.; Steps to public beach access.; Located in Navarre Beach, FL, a sought‑after location.
    225 850-939-8770
    We can help!
    Listing Contact
    John Sutherland
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!