8477 Gulf Boulevard Apt 703, Navarre

$1,095,000

3 Beds
3 Baths
1,824 Sqft
0 Acre
0 Garage

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!

Essential Information
MLS® #1004158
Price$1,095,000
Bedrooms3
Bathrooms3.00
Full Baths3
Square Footage1,824
Year Built1999
TypeResidential
Sub-TypeCondominium
StyleN/A
StatusActive
Community Information
Address8477 Gulf Boulevard Apt 703
Area11 - Navarre/Gulf Breeze
SubdivisionCARIBBEAN RESORT
CityNavarre
CountySanta Rosa
StateFL
Zip Code32566
Amenities
Is WaterfrontYes
WaterfrontGulf
Utilities

Electric, Public Sewer, Public Water, TV Cable

View

Gulf, Intracoastal Waterwy, Sound

Interior
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
Interior Features

Breakfast Bar, Vaulted Ceiling(s), In-Law Floorplan, Recessed Lighting, Track Lighting, Lock Out, Owner's Closet, Split Bedroom

Appliances

Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater

Exterior
Exterior FeaturesBalcony
WindowsWindow Treatments
RoofFlat
ConstructionConcrete, Stucco, Steel Frame
FoundationFoundation On Piling
School Information
MiddleHolley-Navarre
HighNavarre
Elementary

Holley-Navarre Primary-Intermed

Office

Keller Williams Realty Gulf Coast

Property History
Price Reduced from $1,200,000 to $1,095,000
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Listing information last updated on October 19th, 2026 at 11:37am CDT.