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Harrison Lilly

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

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8477 Gulf Blvd Unit 703 , Navarre Beach, FL 32566
$1,200,000
Est. Payment: $6,085.54/mo
3 Bed
3 Bath
1824 Sqft
Status: active | Days on site: 84
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Experience the best of Navarre Beach in this high-producing, fully furnished West End corner unit at Caribbean Resort, where unobstructed Gulf and Santa Rosa Sound views take center stage! With over $95K in rental income generated in 2025 and a strong 10+ year rental history filled with stellar reviews and repeat guests, this is an incredible investment opportunity. There are no high rises blocking the panoramic views, allowing endless sunsets and natural light to pour in. The lockout unit creates rental flexibility and income potential. Inside, the main living areas are finished with travertine tile and vinyl flooring in select bedrooms - no carpet! The unit also features 2 newer AC units (2026 & 2023). The living and dining area features floor-to-ceiling windows that frame the Gulf and Sound, creating a bright, airy coastal atmosphere. The kitchen showcases custom cabinetry, glass-pane lighted upper cabinets, abundant storage, stainless steel appliances, granite countertops, a built-in wine rack and stemware holder, and a breakfast bar. The primary suite easily accommodates a king-size bed and sitting area and features balcony access and a walk-in closet. The guest bedroom includes a walk-in closet and a convenient ensuite bathroom, with access also available from the main living area. The lockout suite can be accessed both internally and from an exterior entrance, making it ideal for maximizing rental income or hosting guests. It offers its own balcony, en suite bathroom, double closets, and space for a sitting area. Additional highlights include a hidden laundry area concealed behind kitchen cabinetry, generous storage throughout, and a dedicated owner’s closet. Caribbean Resort offers fantastic amenities including a Gulf-front pool, hot tub, gated beach access, two parking spaces per unit, private storage, and a recently renovated BBQ area with new grills. This is a rare opportunity to own a proven income-producing beach property with unbeatable views!

Highlights

Listed by Travis Talley , 850-916-5800 KELLER WILLIAMS REALTY GULF COAST , 850-471-5000. Pensacola Association of REALTORS®, Inc.

Property Type

Condo/Townhome

Lot/Acreage
2.12

HOA Fee

21433.32 Annually

Year Built

1999

County

Santa Rosa

Neighborhood

Caribbean Resort

Listing ID

683360

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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:Travertine,Vinyl,Simulated Wood
Other:
  • Additional:Storage, Baseboards, Ceiling Fan(s), Crown Molding, High Ceilings, High Speed Internet, Recessed Lighting, Track Lighting, Master on Main
Water:Public

Exterior Features

Lot:Interior Lot,Gulf,Waterfront,Natural
Garage Capacity:2
Zoning:Res Single
Roof:Flat
Others:
  • Additional:Balcony, Resale
Sewer:Public Sewer
Parking Features:2 Space/Unit
Principal Interest
$6,086
Taxes
$765
HOA
$21,433

Home Price

$1,200,000

Loan Details

30 yrs
6.528%

Down Payment

20%
$240,000
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:
$6,085.54

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $6,085.54 $765.00 $21,433.32 $28,283.86
Yearly $73,026.50 $9,180.00 $257,199.84 $339,406.34
Total $2,190,794.92 $275,400.00 $7,715,995.20 $10,182,190.12

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

6%

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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: 2026-08-20T05:37:29.000Z

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