5471 Bonanza Drive, Gulf Breeze

$285,000

3 Beds
1 Bath
1,325 Sqft
.22 Acre
0 Garage

Welcome to Bonanza--where charm, flexibility, and Emerald Coast lifestyle come together.

You will absolutely fall in love with this adorable and well-maintained three-bedroom home, perfectly positioned near the water without being in a flood zone.

From the moment you arrive, the pride of ownership is undeniable. The property is fully fenced with a deep driveway and beautifully maintained landscaping, complete with mature plants, shrubs, and thoughtful stepping-stone details that immediately make you feel at home. Inside, you'll find an updated kitchen with all appliances conveying, opening into a cozy and inviting living space. A convenient bump-out area provides the perfect spot for a home office, just around the corner from the stackable laundry area. The former garage has been professionally converted into additional living space, creating a welcoming breakfast or formal dining area as you enter the home.
Step outside to discover a large powered workshop ideal for a true workshop, hobby space, or easily convertible into a mother-in-law suite. The extended patio offers plenty of shade, making it perfect for relaxing summer evenings.

The lot provides additional footprint for future expansion, allowing for more bedrooms or bathrooms if desired. With no HOA, there's ample room for RV parking and recreational toys yes, bring the boat! Enjoy casual strolls down the road for water views, easy boat launching, and a laid-back coastal lifestyle ideal for pets, kids, and outdoor enthusiasts.

All of this near the water, outside the flood zone, no HOA, and incredible flexibility at an attractive Emerald Coast price point. The sellers are also offering a flexible closing timeline.

This home offers flexibility as a primary, vacation or investment property.

Back on the market at no fault of the sellers, buyers financing fell through.

Essential Information
MLS® #995127
Price$285,000
Sold Price$292,000
Date Sold$2026-10-02
Bedrooms3
Bathrooms1.00
Full Baths1
Square Footage1,325
Acres0.22
Year Built1981
TypeResidential
Sub-TypeDetached Single Family
StyleRanch
StatusSold
Community Information
Address5471 Bonanza Drive
Area11 - Navarre/Gulf Breeze
SubdivisionBARBAROSA RANCHETTES
CityGulf Breeze
CountySanta Rosa
StateFL
Zip Code32563
Amenities
ParkingConverted Garage
Utilities

Electric, Public Sewer, Public Water

Interior
AppliancesElectric Water Heater
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
# of Stories1
Interior Features

Kitchen Island, Recessed Lighting, Washer/Dryer Hookup

Exterior
Exterior FeaturesPrivate Yard, Yard Building
Lot DescriptionWithin 1/2 Mile to Water
RoofShingle
ConstructionBrick
School Information
ElementaryWest Navarre Primary-Intermed
MiddleWoodlawn Beach
HighGulf Breeze
Additional Information
Days on Website250
ZoningResid Single Family
Listing Details
OfficeKeller Williams Realty Navarre
Property History
Price Reduced from $294,000 to $285,000
Price Reduced from $299,000 to $294,000
Price Reduced from $309,900 to $299,000
Price Reduced from $317,500 to $309,900
Price Reduced from $324,775 to $317,500
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DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.

Listing information last updated on October 20th, 2026 at 2:37pm CDT.