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Listings courtesy of KELLER WILLIAMS REALTY- PALM H as distributed by MLS GRID.

Active - Land for sale

TBD HWY 87 S, Gulf Breeze, FL

Facts & features

Land Property type
112 days on Beycome
2,613,600 sqft Lot size

Why you’ll love it

Strategically located along FL Hwy 87 in the rapidly expanding Holley/Navarre submarket of coastal Santa Rosa County, this ±3.03-acre commercially zoned parcel presents an exceptional opportunity for investors, developers, or owner-users seeking a foothold in one of Northwest Florida’s fastest-growing corridors. Recently rezoned from residential to commercial, the property benefits from increasing residential growth, strong regional demographics, and continued economic expansion driven in part by the nearby Eglin Air Force Base and broader defense-related employment sector. The site offers valuable frontage and visibility along FL Hwy 87, a key north-south connector between Navarre, Milton, and the surrounding Gulf Coast communities. Positioned between larger adjacent tracts — including one parcel without direct road frontage — the property may also offer strategic long-term value as a potential access or gateway component for future surrounding development. The surrounding Navarre/Holley market continues to experience significant population and household growth, with increasing demand for housing, neighborhood services, retail support, office, flex, and convenience-oriented commercial uses. The property’s commercial zoning, combined with its location within an emerging path-of-growth corridor, creates flexibility for a variety of potential uses, subject to buyer verification and local approvals. Offered at a competitive price point relative to other commercial land opportunities in the coastal Santa Rosa County market, this is a rare opportunity to acquire commercially entitled land in a high-growth Florida Gulf Coast location before broader area buildout continues to accelerate.

Translating description...

Listed by: Janet Faulkner • inquiry@faulknercommercial.com • KELLER WILLIAMS REALTY- PALM H

Co-listed by: KELLER WILLIAMS REALTY- PALM H

Source: Stellar MLS as distributed by MLS GRID, MLS#: TB8506466 Stellar MLS as distributed by MLS GRID logo

Based on information as of Jun 01, 2026 at 02:21pm EDT.

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Affordability

$295,000$610,000
1%20%
0%90%
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Estimated monthly payment

$2,789/mo

  • Mortgage$2,275
  • Property tax$514
  • HOA fee
  • Homeowners insurance
Due at closing$357,750
Down payment held in escrow$90,000
Closing costs$6,750
beycome credit Est.$9,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

Discover the neighborhood

Travel times

About Gulf Breeze

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AI-generated overview for informational purposes only.
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Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 9 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Jun 01, 2026 at 02:21pm EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$450,000 Listed price

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$9,000 Credit back

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