Navarre, FL Apartment Market & Multifamily Brokerage
Santa Rosa County, FL
Navarre is one of the largest markets in our coverage area by population — 39,838 residents — but one of the smallest by tracked multifamily presence, with just 7 properties and 1,012 units.
At 25.4 units per 1,000 residents, this is the most underserved market we track relative to its size. A population this large is being housed almost entirely outside of tracked apartment product.
Average asking rent runs $1,609/unit — high, and likely to go higher, given how little competing supply exists. For an owner who can find a way into this market, the demand-to-supply math here is about as favorable as it gets.
Navarre is unincorporated, but at ~40,000 residents it would be the largest city in the Florida Panhandle if it ever incorporated.
Steven Rowe and Gulf Coast Multifamily represent owners of 10+ unit apartment properties in Navarre and across Santa Rosa County, FL. If you're thinking about selling, refinancing, or just want to know what your property is worth, a confidential conversation costs nothing.