- – beds
- 8 baths
- 5,120 sqft
- $556 per sqft
- 2008 build
- – on site
Attention investors! Here's your opportunity to own 3 waterfront houses on one property plus the only waterfront 4-unit apartment building in Gulf Breeze. This incredible multi-family investment sits on a double lot just under an acre. Soundside Cove (5231/5233 Soundside Dr.) offers 11 bedrooms and 8 bathrooms across 7 units. Every home has stunning views of the Intracoastal Waterway, expansive decks, full kitchens, cozy living areas, separate laundry, and independent utilities. Whether you’re starting a short-term rental business or want to live in one and rent the rest, the possibilities are endless. Steps from the Woodlawn Beach Boat Ramp, the property includes a newly rebuilt 200’ dock for multiple boats, sandy beach, stone fire pit, picnic area under mature Naval Live Oaks, 3 storage sheds, blueberry garden, and low-maintenance landscaping with well and sprinkler system. Catch red fish, speckled trout, crabs and beautiful sunsets straight from the dock. Equally distant from both Navarre Beach and Pensacola Beach, this prime property makes a perfect vacation destination. 5233 Soundside includes 2 houses (Units A & C) built in 2008 with impact windows/doors. Unit A, is a newly renovated 1,288 sq ft 3/2, and Unit C, is a newly renovated 720 sq ft 1/1 single-family home. 5231 Soundside includes a house and a 4-unit apartment building. The house, Unit B, is a 512 sq ft studio "treehouse" built in 2010. The apartment, (Units D–G) was built in 1982 (new roof and beautiful Trex covered porches 2024). Has two 2/1 units and two 1/1 units. Unit G is newly renovated. Each parcel has been upgraded from septic to city sewer with separate connections (2025). Business license available permitting short/long term rentals specific to property due to its grandfathered in multi-family zoning.
Last checked:
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Last updated Jun 10, 2025
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MLS# 664977 —
The Building
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Year Built:2008
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New Construction:false
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Construction Materials:Frame
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Levels:Two
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Stories:2
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Roof:Shingle
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Foundation Details:Off Grade
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Exterior Features:Balcony
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Window Features:Impact Resistant Windows
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Patio And Porch Features:Covered
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Security Features:Smoke Detector(s)
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Green Energy Efficient:Insulation
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Building Area Total:5120
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Building Area Units:Square Feet
Interior
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Interior Features:Baseboards
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Flooring:Carpet
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Kitchen Features:Kitchen Island, Laminate Counters, Pantry, Solid Surface Countertops, Tile Counters
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Fireplace:true
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Laundry Features:Inside
Room Dimensions
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Living Area Units:Square Feet
Location
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Directions:Driving East on US-98, take a right onto Nantahala Beach Rd. Follow to the end of the road. At the stop sign, take a left. 5231 Soundside Drive will be on the right.
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Latitude:30.387647
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Longitude:-87.000271
The Property
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Parcel Number:302S275930004000160
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Property Type:Residential Income
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Property Subtype:Other
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Property Condition:Resale
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View:Sound
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View:true
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Lot Size Units:Acres
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Zoning Description:Res Multi,Res Single
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Horse:false
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Waterfront:true
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Waterfront Features:Sound
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Other Structures:Guest House
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Fencing:Back Yard
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Road Responsibility:County Maintained Road
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Frontage Length:Water Frontage(125)
Listing Agent
- Contact info:
- Agent phone:
- (703) 655-1694
- Office phone:
- (850) 637-6664
Taxes
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Tax Legal Description:WOODLAWN BEACH LOT 16 BLK 4 AS DES IN OR 4492 PG 1147
Baths
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Total Baths:8
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Total Baths:8
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Full Baths:8
The Listing
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Home Warranty:false
Heating & Cooling
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Heating:Multi Units
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Heating:true
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Cooling:Ceiling Fan(s)
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Cooling:true
Utilities
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Electric:Circuit Breakers
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Water Heater
Schools
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Elementary School:West Navarre
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Middle Or Junior School:WOODLAWN BEACH
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High School:Gulf Breeze
The Community
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Subdivision Name:Woodlawn Beach
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Community Features:Beach
Parking
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Garage:false
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Carport:true
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Carport Spaces:3
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Covered Spaces:3
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Parking Total:3
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Parking Features:3 Car Carport
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Open Parking:true
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/6/25
Jun 6, 2025
|
Price Changed | PAR | $2,850,000 | -5.0% |
5/26/25
May 26, 2025
|
Listed / Active | PAR | $3,000,000 |