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    Property profile & analytics

    Highway 87 S Navarre, FL 32566

    • Land
    For Sale
    View listing
    $239,900
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for Highway 87 S

    Property type
    Land
    Property subtype
    Residential land & home lots

    Description

    Listing consists of two (2) adjacent parcels with 200 ft frontage on Hwy 87. There is already a curb cut & driveway in place. Land is high & dry. This commercial parcel is approximately 190 feet of depth. Water, electricity, cable TV and high speed internet are available. This parcel is only about 3 miles north of Hwy 98, and Hwy 87 is rapidly developing in Navarre. The parcel directly behind this parcel is also for sale, and it is zoned for residential, but might be able to be used for a secondary road access if needed.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Navarre
    County
    State
    Florida
    Longitude
    -86.8674
    Latitude
    30.425

    Comparable in this City

    • Value Estimation by Request

      0.37 Acres Land For Sale on Navarre Pkwy

      0.37 Acres Land For Sale on Navarre Pkwy
      7004 Navarre Pkwy, Navarre, FL 32566
      View Details
    • Value Estimation by Request

      0.32 Acres Land For Sale - Hwy 98 Navarre FL

      0.32 Acres Land For Sale - Hwy 98 Navarre FL
      0 navarre fl 32566 highway, Navarre, FL 32566
      View Details
    • Value Estimation by Request

      0.28 Acres Land For Sale - Commercial Lot on Navarre Pkwy

      0.28 Acres Land For Sale - Commercial Lot on Navarre Pkwy
      6813 US-98, Florida, FL 32566
      View Details
    • Value Estimation by Request

      0.92 Acres Commercial Lot For Sale

      0.92 Acres Commercial Lot For Sale
      2279 FL-87, Navarre, FL 32566
      View Details
    • Value Estimation by Request

      2.32 Acres Navarre Commercial Land For Sale

      2.32 Acres Navarre Commercial Land For Sale
      0 Navarre Parkway, Navarre, FL 32566
      View Details
    • Value Estimation by Request

      +/- 4.7 acres for sale at Elevate Navarre

      +/- 4.7 acres for sale at Elevate Navarre
      Frontera St & Elevate Ave, Navarre, FL 32566
      View Details

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    Similar Nearby for Lease

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      Cleared Commercial Land Near Beach

      1.5-acre commercial land parcel near Navarre Beach.
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    Highway 87 S
    Navarre, FL 32566
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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
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