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    3761 Hwy 87 Navarre, FL

    Source: https://www.saltercompany.com
    For Sale
    $225,000

    Prime 0.6-acre commercial lot, high visibility.

    Property size:
    25,918 SF

    Description

    Added:
    Feb 24, 2025
    Days on Market:
    291
    This exceptional 0.6-acre commercial lot, located at 3761 Hwy 87 in Navarre, Florida, presents a compelling investment opportunity. Situated in Santa Rosa County, this property boasts high visibility due to its prime location on Hwy 87. The lot encompasses 25,918 square feet (87 feet of frontage by 298 feet deep), offering ample space for diverse commercial ventures. Its HCD zoning is perfectly suited for a range of commercial developments, including retail establishments, offices, or service-oriented businesses. This property is priced at $225,000 and represents excellent potential for growth and return in a thriving area. The substantial lot size and strategic highway frontage make this an ideal location for businesses seeking high traffic exposure and easy accessibility. This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly developing area of Santa Rosa County. Don't miss out on this chance to secure a prime piece of commercial real estate.

    Property Features for 3761 Hwy 87

    General Information

    Property type
    Other land
    Square Feet
    25,918 SF
    Price / Square Foot
    $8
    Elevators
    N/A
    Lot Size
    26,136 SF

    HighLights

    • High‑visibility 0.6‑acre commercial lot on Hwy 87 in Navarre, FL.
    • Zoned HCD, ideal for retail, office, or service businesses.
    • $225,000 asking price; 25,918 square feet; excellent investment potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Realty agency Law Firm Building Supply Spa & Massage Hotel & Motel Department Store Food Market Grocery Store Convenience Store Pawn Shop

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

    Location Insight

    City
    Navarre
    State
    Florida

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    FAQs

    What type of property is this?
    Land - Prime 0.6-acre commercial lot, high visibility.
    Where is this land located?
    The property is located at 3761 Hwy 87 Navarre, FL.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: High-visibility 0.6-acre commercial lot on Hwy 87 in Navarre, FL.; Zoned HCD, ideal for retail, office, or service businesses.; $225,000 asking price; 25,918 square feet; excellent investment potential.
    (850) 564-0120
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    3761 Hwy 87 Navarre, FL
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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
    3761 Hwy 87 Navarre, FL
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