$1,099,000
$76K PRICE DROP

Estimated payment $8,516/month

Total Views 10,044
3 Beds
3 Baths
1,824 Sq Ft
$603 Price per Sq Ft

Highlights

  • Deeded Waterfront Access Rights
  • Beach
  • In Ground Pool
  • Holley-Navarre Intermediate School Rated A-
  • Property fronts gulf or ocean
  • Updated Kitchen

About This Home

*BRING ANY & ALL OFFERS!!* This stunning 10th-floor, east-end CORNER unit at Caribbean Resort offers breathtaking views and is a high-performing rental property, generating an impressive $100K in revenue in its first 12 months! A true standout in the rental market, this unit underwent a top-to-bottom renovation in fall/winter ‘23/’24. (See Notable Features sheet in MLS Docs.) It is being sold FULLY FURNISHED, making it a turnkey investment or dream vacation home. Caribbean Resort has only 3 units per floor, making it one of the least crowded high rises on Navarre Beach! The unit spans over 1,800 square feet, boasting a thoughtfully designed floor plan. The floor-to-ceiling, 9-foot windows and sliding glass doors showcase panoramic, picture-perfect views of the Gulf and the iconic Navarre Beach Pier. These spectacular windows are featured throughout the living and dining area, as well as in the master bedroom and unique lock-out bedroom, ensuring that nearly every room is bathed in natural sunlight with captivating scenery. The unit features a lock-out bedroom, which includes its own private entrance, kitchenette, en-suite bathroom, hot water heater, and HVAC system. Step out onto the private balcony to take in the mesmerizing Gulf-front and sunset views, some of the very best that Navarre Beach has to offer. The modern, fully renovated kitchen is both stylish and functional, featuring sleek stainless steel appliances, contemporary white cabinetry, and an eye-catching backsplash. From its prime beachfront location to its exceptional design and rental potential, this unit is a rare find. Experience the best of Navarre Beach with luxury, comfort, and unbeatable Gulf views all in one place!

Listing Agent

Travis Talley

KELLER WILLIAMS REALTY GULF COAST Listed on: 02/28/2025

KELLER WILLIAMS REALTY GULF COAST

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,916

Year Built

  • Built in 1999

Lot Details

  • Property fronts gulf or ocean
  • Land Lease of $250

HOA Fees

  • $1,786 Monthly HOA Fees

Parking

  • Guest Parking

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Concrete Siding

Interior Spaces

  • 1,824 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Open Floorplan

Kitchen

  • Updated Kitchen
  • Breakfast Bar

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 3 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Deeded Waterfront Access Rights

Schools

  • Holley Navarre Elementary And Middle School
  • Navarre High School

Utilities

  • Multiple cooling system units
  • Central Air
  • Multiple Heating Units
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 282S269099000001001

Community Details

Overview

  • Association fees include ground maintenance, insurance, recreation facility, trash, water/sewer
  • Caribbean Resort Subdivision

Amenities

  • Elevator

Recreation

  • Beach

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,916

Year Built

Built in 1999

Lot Details

0

HOA Fees

$1,786 per month

Listing Details

  • Stories: 1
  • Parcel Number: 282S269099000001001
  • Property Type: Residential
  • Year Built: 1999
  • Electric: Circuit Breakers
  • Property Sub Type: Condo
  • Horses: No
  • Subdivision Name: Caribbean Resort
  • Directions: Highway 98 to South on Navarre Beach Causeway to right onto Gulf Blvd. Caribbean Resort is on left
  • Architectural Style: Contemporary
  • Building Name: Caribbean Resort
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Tile, Carpet
  • Living Area: 1824
  • Window Features: Double Pane Windows
  • Bedroom/Bathroom Features: Remodeled
  • Dining Room Features: Breakfast Bar, Kitchen/Dining Combo, Living/Dining Combo
  • Room Kitchen Features: Remodeled
  • Room Kitchen Area: 110
  • Dining Room Dining Room Level: First
  • Room Dining Room Area: 476

Exterior Features

  • Roof: Metal
  • Lot Features: Central Access
  • Pool Features: In Ground
  • View: Gulf, Water
  • View: Yes
  • Waterfront Features: Gulf, Waterfront, Beach Access, Deed Access
  • Waterfront: Yes
  • Construction Type: Concrete
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Guest

Utilities

  • Heating: Multi Units
  • Cooling: Multi Units, Central Air, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Beach, Pool, Elevator
  • Association Fee: 21433.32
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Association, Maintenance Grounds, Insurance, Recreation Facility, Trash, Water/Sewer

Schools

  • Elementary School: Holley Navarre
  • High School: Navarre
  • Middle Or Junior School: HOLLEY NAVARRE

Lot Info

  • Land Lease: Yes
  • Zoning Description: Res Multi

Rental Info

  • Land Lease Amount: 250

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,916 $850,000 -- $850,000
2023 $7,916 $750,000 $0 $750,000
2022 $6,588 $550,000 $0 $550,000
2021 $5,913 $450,000 $0 $450,000
2020 $5,858 $440,000 $0 $0
2019 $5,571 $415,000 $0 $0
2018 $5,533 $405,000 $0 $0
2017 $5,353 $405,000 $0 $0
2016 $5,074 $380,000 $0 $0
2015 $4,551 $315,000 $0 $0
2014 $4,627 $315,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Price Changed $1,099,000 -4.4% $603 / Sq Ft
04/07/2025 04/07/25 Price Changed $1,149,000 -2.2% $630 / Sq Ft
03/28/2025 03/28/25 For Sale $1,175,000 +13.5% $644 / Sq Ft
06/20/2023 06/20/23 Sold $1,035,000 -5.9% $567 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
01/17/2023 01/17/23 For Sale $1,100,000 -- $603 / Sq Ft
Source: Pensacola Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $369,000 Purchase Money Mortgage
Source: Public Records

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Source: Pensacola Association of REALTORS®

MLS Number: 659903

Pensacola Association of REALTORS®

APN: 28-2S-26-9099-00000-1001