End-Unit Townhome with Bonus
1414 Bahia Drive Navarre, FL 32566
For Sale
$550,000
MULTI_FAMILY - Other - Navarre, FL
Property Size2,000 SF
Lot Size0.07 Acres
Price / SF$275
Days on Market103
Property Features for 1414 Bahia Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Resid Multi-Family
Bedrooms
2
Bathrooms
4
Rooms
Bathroom 2, Bathroom 4, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 3, Dining Room
Patio and Porch features
Patio
Interior features
Breakfast Bar, Split Bedroom, Washer/Dryer Hookup
Exterior features
Balcony, Shower
Fencing
Privacy, Fenced
Basement
Finished
Appliances
Auto Garage Door Opn, Dishwasher, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer, Water Heater - Elect
Standard status
Active
APN
28-2S-26-9020-00000-0341
Size
2,000 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Bahia Badar Port Of Lots 34 & 35 Further Des As: Com At Sw Corn Of Lot 40 Th N10 49'W 175 .37 Ft To Pob Th Cont 27.76 Ft Th N72 11'E 120.90 Ft To E Su B Line Th S10 49'E 28.01 Ft Th S72 14'48W 40.73 Ft To Start Of A Party Wall Th Cont Along Party Wall 48.82 Ft To End Of Party Wall Th Cont S72 W 31.34 Ft To Pob As Des In Or 1726 Pg 996 & Or 1737 Pg 94
Tax Annual Amount
4612
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Building Details
Year built
1996
Floors in Building
3
Flooring type
Tile, Vinyl, Carpet
Building materials
Siding Vinyl
Architectural style
Other
Listing Agency:
EXP Realty LLC
(888) 883-8509
Listed By:
Chelsea D Groves · License #3406210
(217) 621-3336
Added: Apr 17
Changed: Jul 24
Last Checked: Jul 28 at 4:06AM
MLS# 1000888
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.
Investment Insights
Based on property information with market context.
This end-unit townhome includes a main living level and a separate-entry ground-level mini-apartment. The mini-apartment features its own full bathroom, kitchenette with stove, dedicated AC unit, and a sleeper sofa. The main level offers an updated kitchen with new sinks, microwave, and a breakfast bar, along with a spacious living area, a half bath, and access to front and rear decks through full sliding glass doors.
Upstairs, there are two bedrooms, each with a private en-suite bathroom. The primary suite includes a king bed, and the guest room includes two twin beds, with an additional office nook for flexible use. The home provides multiple outdoor areas, totaling five decks across the main and upper levels.
The property is identified for residential multi-family use under the provided zoning and is offered for sale in Navarre, Florida.
Upstairs, there are two bedrooms, each with a private en-suite bathroom. The primary suite includes a king bed, and the guest room includes two twin beds, with an additional office nook for flexible use. The home provides multiple outdoor areas, totaling five decks across the main and upper levels.
The property is identified for residential multi-family use under the provided zoning and is offered for sale in Navarre, Florida.
Key Highlights
- End‑unit townhome built in 1996 with 2 bedrooms and 3.5 bathrooms
- Separate‑entry ground‑level mini‑apartment with full bathroom and kitchenette
- Mini‑apartment has dedicated AC and a sleeper sofa; total sleeping capacity for 8 guests
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.6k | $13.80 |
| − Vacancy | −$1.4k | −$0.72 |
| EGI | $26.2k | $13.08 |
| − OpEx | −$7.8k | −$3.92 |
| NOI | $18.3k | $9.16 |
2,000 SF · lease $13.80/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$261.6K
$228.9K – $305.3K
NOI $18,315 @ 7.0% cap · market cap 3.33%
Second Best
Apartment 5plus
$230.4K
$201.6K – $268.8K
NOI $16,130 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$492.5K
$430.9K – $574.6K
NOI $34,474 @ 7.0% cap · market cap 6.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - End-unit townhome with a private ground-level mini-apartment, multiple decks, and en-suite bedrooms suitable for residential rental use.
Where is this duplex located?
The property is located at 1414 Bahia Drive Navarre, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: End‑unit townhome built in 1996 with 2 bedrooms and 3.5 bathrooms; Separate‑entry ground‑level mini‑apartment with full bathroom and kitchenette; Mini‑apartment has dedicated AC and a sleeper sofa; total sleeping capacity for 8 guests
