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5231 Soundside Dr, Gulf Breeze, FL 32563

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For Sale

$1,250,000

5 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 41-50 Years Old
    Age

Explore this Property

Back on market at no fault of the sellers. Attention Investors! Here's your chance to own 5 individual income producing waterfront units on Soundside Drive in Gulf Breeze, located between Pensacola Beach and Navarre Beach. 5231 Soundside is a residential multi-family property on .41 acres made up of "The Treehouse" and "The Apartments." The Treehouse (2010) is a 512 sq ft studio house on pilings with a full kitchen, bath, laundry, walk in closet, large storage shed, deck with water views and covered parking. The apartments (1982) is a 4-plex consisting of two 2/1 units and two 1/1 units, each with a full kitchen, bath, laundry, shared storage shed, and extensive decks and covered porches with breathtaking views. Each of the 5 units has independent utilities and separate addresses. Steps from the Woodlawn Beach Boat Ramp, this boating and fishing paradise includes a sandy beach, stone fire pit, picnic area, and low-maintenance landscaping. Catch red fish, speckled trout, crabs and beautiful sunsets from the shore. This versatile location is coveted as a peaceful vacation destination. Whether you re starting a short-term rental business or want to live in one unit and rent the rest, the possibilities are endless. Highly desirable school district too! (New roof 2024, Unit G complete renovation 2025. Upgraded from septic to city sewer 2025). Business license available permitting short/long term rentals specific to property due to its grandfathered in multi-family usage. Currently 5231/5233 Soundside Dr function as one combined property called Soundside Cove. This is a legally subdivided parcel of MLS #668745, for sale individually as well as together as a whole.
MLS# 668987

Courtesy Of White Caps Realty, LLC

(850) 637-6664

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Water Front
  • Architecture Style
    Other

Map and Directions

Directions to 5231 Soundside Dr, Gulf Breeze, FL 32563

Home seller CENTURY 21 AmeriSouth Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 AmeriSouth Realty

(850) 478-6800
Learn More About Us

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Copyright © 2025 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' 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 being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.