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.
Property Details
- Acres
- 3.03
- Property Type
- Purchase
- Utility Features
- Electricity Available
- County
- Santa Rosa
- Region
- NAVARRE
- Zoning
- COMMERCIAL
- Original List Price
- $450,000
- Days on Market (Cumulative)
- 119
- Taxes Annual
- $6,164
- Ownership
- Fee Simple
- MLS #
- TB8506466
- Property Subtype
- Land
- Parcel Number
- 39-1S-27-0000-01758-0000
- MLS #
- TB8506466
- Date Listed
- May 13, 2026
- Address
- TBD HWY 87 S
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: William Glade | William Glade Lic. Real Estate
Provided By
Listed by Janet Faulkner (#MFR452000785)
Listing Office: KELLER WILLIAMS REALTY- PALM H (#MFR260010721)
