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- 1805 Alhambra St. Navarre, FL 32566
2502 Hwy 87 S, Navarre, FL 32566 (MLS# 989874)
$2,500,000
Navarre, FL 32566
MLS# 989874
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Property Description
PRIME HWY 87 COMMERCIAL OPPORTUNITY | OWNER-USER / INVESTMENT / REDEVELOPMENT ONE PROPERTY. MULTIPLE POSSIBILITIES! Exceptional opportunity to establish, expand or reposition a business along Navarre's highly traveled Hwy 87 commercial corridor. This 2025-built, 6,140± SF freestanding commercial building sits on 2.03± acres with 369± feet of highway frontage, approximately 79 parking spaces and exposure to 23,500 vehicles daily. MULTIPLE COMMERCIAL USE OPPORTUNITIES: The building and expansive paved site offer flexibility for a variety of potential uses, including medical/dental/veterinary facilities, automotive dealership or showroom, professional offices, specialty retail, fitness/wellness, financial services, restaurant/franchise, entertainment or multi-tenant conversion. HCD (Highway Commercial District) zoning provides opportunities for commercial uses, subject to applicable approvals. EXISTING RESTAURANT INFRASTRUCTURE: Originally designed as a restaurant, the building includes a commercial kitchen, walk-in coolers/freezer, dining areas, bar, restrooms and enclosed patio. These existing improvements may offer advantages for restaurant reuse or provide a foundation for adaptive redevelopment. ADDITIONAL OUTPARCEL DEVELOPMENT OPPORTUNITY: The property includes an additional development area, approximately 80' x 80' (buyer to verify). A conceptual site plan illustrates the potential for a 3,300± SF freestanding building, creating opportunities for an additional
Details
Maps
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Current Price: $2,500,000
Status Change Info
Status: Active
Contract Info
GCCMLS Number: 43877888
List Date: 2025-11-18
List Price: $2,500,000
Listing Board: Navarre
Location Tax and Legal
Area: 11 - Navarre/Gulf Breeze
Street #: 2502
Street Name: Hwy 87 S
State: FL
Zip Code: 32566
County: Santa Rosa
Parcel ID: 17-2S-26-0000-00173-0000
General Property Info
Listed on GCCMLS: Yes
Description: 6,140± SF | 2.03± Acres | Comm
Property Information: 6,140± SF BUILDING | 2.03± Acres | Commercial Redevelopment Opportunity
Vacant: No
Immediate Occupancy: No
Acreage: 2.03
Lot Frontage: 369
Lot Depth: 257
Zoning: HCD
Land
Property Type: Commercial
Lot Features
Coastal Barrier Zone: No
Other
Year Built: 2025
Building SqFt: 6140
# of Units: 1
Property Features
Class: Land; Other
Construction Status: Existing
Supplements
business, complementary commercial use or potential rental income, subject to site feasibility and governmental approvals. STRATEGIC NAVARRE LOCATION: Situated approximately 1.5 miles north of Hwy 98, with convenient access to Navarre Beach, Hurlburt Field, Eglin AFB and the growing Pensacola-Fort Walton Beach/Destin corridor. The combination of highway visibility, residential growth, military employment and tourism supports a wide range of potential business opportunities. OWNER-USER " INVESTMENT " ADAPTIVE REUSE " REDEVELOPMENT Whether establishing a medical practice, expanding an automotive business, opening a retail or professional office location, launching a franchise or exploring additional development potential, this property offers the location, infrastructure and flexibility to bring a new commercial vision to Navarre. Explore the possibilities! Schedule a private tour and request the full property information package, including floor plan, survey, conceptual renderings and outparcel development concept.
All potential uses, outparcel dimensions, development concepts and improvements are subject to buyer verification, applicable zoning, permitting and governmental approvals.
Listing Office: COLDWELL BANKER REALTY
Last Updated: October - 15 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.