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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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8501 Gulf Blvd Ph-1d , Navarre Beach, FL 32566
$930,000
Est. Payment: $5,138.12/mo
3 Bed
3 Bath
1680 Sqft
0.54 Acres
Status: Active | Days on site: 33
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Harrison Lilly Team
Owner/Operator

House Description

17th-floor views like you've never seen: this fully furnished penthouse condo on Navarre Beach delivers elevated coastal living with sweeping, uninterrupted Gulf views over sugar-white sand and emerald water. Spacious interiors (3 bedrooms and 3 FULL baths) flow across durable, stylish tile flooring throughout, and a new HVAC system (installed March 2025) keeps comfort effortless in every season. Truly turnkey — just unpack and enjoy. Navarre Beach remains one of the Gulf Coast's best-kept secrets: home to the longest fishing pier in Florida, bordered by the protected dunes of Gulf Islands National Seashore, and known for a quieter, more laid-back pace than its busier neighbors down the coast.This penthouse is also a proven income producer, currently operating as a thriving short-term rental that grossed approximately $40,000 in 2025 and is tracking toward $44,000 for 2026, even with significant personal use by the current owner. Notably, it's priced well below comparable penthouse-level units in the area, offering buyers a rare combination of below-market entry and above-market income potential — an outstanding opportunity for investors or second-home buyers. Set within a gated waterfront community, life here feels like a permanent resort stay: an Olympic-size pool, tennis and pickleball courts, a fitness room, a community room, and direct beach access are all just steps away. HOA fees add further value, covering trash, TV, internet, water/sewer, insurance, and pest control. Penthouse setting, turnkey furnishings, proven rental history, and a price that beats the competition — this Navarre Beach condo delivers comfort, convenience, and income potential, seventeen floors above it all.

Highlights

Listed by Cinnamon Reed , 850-400-4441 KELLER WILLIAMS REALTY GULF COAST , 850-471-5000. Pensacola Association of REALTORS®, Inc.

Property Type

Condo/Townhome

Lot/Acreage
0.54

HOA Fee

15200 Annually

Year Built

2009

County

Santa Rosa

Neighborhood

Beach Colony

Listing ID

688541

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Appliances:Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Floor:Tile
Other:
  • ▪ Additional:Baseboards, Ceiling Fan(s), Master on Main
Water:Public

Exterior Features

Lot:Sound,Waterfront,Beach Access,Deed Access
Zoning:County
Roof:Flat
Others:
  • ▪ Additional:Irrigation Well, Sprinkler, Tennis Court(s), Resale
Sewer:Public Sewer
Parking Features:Covered,Detached
Principal Interest
$5,138
Taxes
$593
HOA
$15,200

Home Price

$930,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$186,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,138.12

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $5,138.12 $592.88 $15,200.00 $20,930.99
Yearly $61,657.39 $7,114.50 $182,400.00 $251,171.89
Total $1,849,721.78 $213,435.00 $5,472,000.00 $7,535,156.78

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Navarre Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Pensacola Association of REALTORS®, Inc., and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T05:29:41.000Z

© 2026 Pensacola Association of REALTORS®, Inc.