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Captain's Cove in Navarre

Captain's Cove

Established 1988 · Intracoastal West · ZIP 32224

A newer, single-family D.R. Horton community on the water in Navarre, Santa Rosa County, where the value is the specific home and a quiet coastal setting near Navarre Beach.

New constructionNavarre, Santa Rosa CountyCoastal, single-family
Live Market Pulse
66/100
Momentum
Balanced Market
Tight supply keeps sellers in control, but dated interiors still trade at a discount, so condition is where buyers win.
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Unlock Off-Market Captain's Cove

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Pensacola MLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulsePensacola MLS
$420K
Median Price
16.8mo
Supply
18days
Avg DOM
Balanced
Seller Leverage
$263/sf
Median $/Sqft
-6%
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Captain's Cove reads as a newer D.R. Horton single-family community in Navarre, ZIP 32566, described as roughly ninety-two lots off U.S. Highway 98 in a quiet, natural waterside setting, with a pickleball court amenity and the Navarre Beach boat ramp reported within about five miles (drhorton.com; homes.com, 2026). The buy is the specific home and lot: confirm the floor plan and finishes, the HOA dues and what they cover, the lot and its water position, the FEMA flood zone, and comp it against the closest comparable Navarre sale and current builder offerings."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Captain's Cove market snapshot (as of June 11, 2026): the median sale price is about $420K ($263 per sq ft), with homes averaging 18 days on market and 16.8 months of supply, a balanced market. Based on 5 recent closings in live Pensacola MLS data.

Captain's Cove is a newer single-family community by D.R. Horton in Navarre, Santa Rosa County, ZIP 32566, described as roughly ninety-two lots off U.S. Highway 98 in a quiet, natural waterside setting (drhorton.com; homes.com, 2026).

Third-party builder sources describe single-family floor plans with modern layouts and finishes, so compare strictly by plan, size, finish level, and lot, including any water position, rather than a community average (drhorton.com, 2026).

The strength is the Navarre coastal location near Navarre Parkway shopping, with the Navarre Beach boat ramp reported less than five miles away and Navarre Beach a short drive; confirm the exact drive for a specific address (drhorton.com; homes.com, 2026).

It is served by the Santa Rosa County School District; assignments are set by address, so confirm the current zoned schools with the district.

Quick Match

Who Captain's Cove is best for.

Best for

  • Buyers who want a newer single-family home in a quiet coastal Navarre setting
  • Boaters and beach buyers who value proximity to the Navarre Beach boat ramp and beach
  • Buyers comparing builder floor plans who want to pick plan, lot, and finishes

Probably not for

  • Buyers who want an established, mature-tree neighborhood
  • Buyers who want a large resort-amenity or golf community
  • Anyone unwilling to confirm the HOA, the lot and water position, and any flood determination
Market Pulse

How Captain's Cove is performing right now

66/100
momentum
Balanced Market
Seller's marketBalancedBuyer's market
16.8Months of supplytight
9Median days on marketdays
15 : 7Under contract vs for salestrong demand
5Sold in last 12 monthsliquidity
+127%Median price since 2012appreciation
-6%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from Pensacola MLS, as of June 11, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Captain's Cove listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in Captain's Cove buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Captain's Cove

Live MLS inventory for Captain's Cove. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

1944 Wiregrass St home for sale in Captain's CoveActive · 0 daysTop listing
$999,900
4 bd · 2.5 ba · 2,200 sqft · built 2026
1944 Wiregrass St, Navarre, 32566
Listed by D R Horton Realty of NW Florida, LLC
2010 Wiregrass St home for sale in Captain's CoveActive · 0 days
$471,900
5 bd · 3 ba · 2,043 sqft · built 2026
2010 Wiregrass St, Navarre, 32566
Reno opportunityBest value
Listed by D R Horton Realty of NW Florida, LLC
2001 Wiregrass St home for sale in Captain's CoveActive · 20 days
$464,900
5 bd · 3 ba · 2,043 sqft · built 2026
2001 Wiregrass St, Navarre, 32566
Reno opportunityBest value
Listed by D R Horton Realty of NW Florida, LLC
2042 Wiregrass St home for sale in Captain's CoveActive · 58 days
$464,900
5 bd · 3 ba · 2,043 sqft · built 2026
2042 Wiregrass St, Navarre, 32566
Reno opportunityBest value
Listed by D R Horton Realty of NW Florida, LLC
2005 Wiregrass St home for sale in Captain's CoveActive · 9 days
$444,900
4 bd · 2 ba · 1,799 sqft · built 2026
2005 Wiregrass St, Navarre, 32566
Reno opportunityBest value
Listed by D R Horton Realty of NW Florida, LLC
1986 Wiregrass St home for sale in Captain's CoveActive · 29 days
$431,900
3 bd · 2 ba · 1,580 sqft · built 2026
1986 Wiregrass St, Navarre, 32566
Listed by D R Horton Realty of NW Florida, LLC
2009 Wiregrass St home for sale in Captain's CoveActive · 9 days
$424,900
3 bd · 2 ba · 1,580 sqft · built 2026
2009 Wiregrass St, Navarre, 32566
Listed by D R Horton Realty of NW Florida, LLC
1950 Wiregrass St home for sale in Captain's CovePending · 11 days
$959,900
4 bd · 3.5 ba · 2,114 sqft · built 2026
1950 Wiregrass St, Navarre, 32566
Listed by D R Horton Realty of NW Florida, LLC
2043 Wiregrass St home for sale in Captain's CovePending · 64 days
$479,900
4 bd · 2.5 ba · 2,296 sqft · built 2026
2043 Wiregrass St, Navarre, 32566
Strong resaleReno opportunityBest value
Listed by D R Horton Realty of NW Florida, LLC
2062 Wiregrass St home for sale in Captain's CovePending · 56 days
$476,915
4 bd · 2.5 ba · 2,296 sqft · built 2026
2062 Wiregrass St, Navarre, 32566
Strong resaleReno opportunityBest value
Listed by D R Horton Realty of NW Florida, LLC
1994 Wiregrass St home for sale in Captain's CovePending · 10 days
$474,900
4 bd · 2.5 ba · 2,296 sqft · built 2026
1994 Wiregrass St, Navarre, 32566
Strong resaleReno opportunityBest value
Listed by D R Horton Realty of NW Florida, LLC
2063 Wiregrass St home for sale in Captain's CovePending · 33 days
$474,900
4 bd · 2.5 ba · 2,296 sqft · built 2026
2063 Wiregrass St, Navarre, 32566
Strong resaleReno opportunityBest value
Listed by D R Horton Realty of NW Florida, LLC
1990 Wiregrass St home for sale in Captain's CovePending · 12 days
$471,900
5 bd · 3 ba · 2,043 sqft · built 2026
1990 Wiregrass St, Navarre, 32566
Reno opportunityBest value
Listed by D R Horton Realty of NW Florida, LLC
2054 Wiregrass St home for sale in Captain's CovePending · 7 days
$464,900
5 bd · 3 ba · 2,043 sqft · built 2026
2054 Wiregrass St, Navarre, 32566
Reno opportunityBest value
Listed by D R Horton Realty of NW Florida, LLC
1965 Wiregrass St home for sale in Captain's CovePending · 0 days
$464,900
5 bd · 3 ba · 2,043 sqft · built 2026
1965 Wiregrass St, Navarre, 32566
Reno opportunityBest value
Listed by D R Horton Realty of NW Florida, LLC
2051 Wiregrass St home for sale in Captain's CovePending · 0 days
$459,900
5 bd · 3 ba · 2,043 sqft · built 2026
2051 Wiregrass St, Navarre, 32566
Reno opportunityBest value
Listed by D R Horton Realty of NW Florida, LLC
1998 Wiregrass St home for sale in Captain's CovePending · 13 days
$451,900
4 bd · 2 ba · 1,799 sqft · built 2026
1998 Wiregrass St, Navarre, 32566
Listed by D R Horton Realty of NW Florida, LLC
2002 Wiregrass St home for sale in Captain's CovePending · 7 days
$451,900
4 bd · 2 ba · 1,799 sqft · built 2026
2002 Wiregrass St, Navarre, 32566
Listed by D R Horton Realty of NW Florida, LLC
2047 Wiregrass St home for sale in Captain's CovePending · 33 days
$444,900
4 bd · 2 ba · 1,799 sqft · built 2026
2047 Wiregrass St, Navarre, 32566
Reno opportunityBest value
Listed by D R Horton Realty of NW Florida, LLC
2046 Wiregrass St home for sale in Captain's CovePending · 34 days
$444,900
4 bd · 2 ba · 1,799 sqft · built 2026
2046 Wiregrass St, Navarre, 32566
Reno opportunityBest value
Listed by D R Horton Realty of NW Florida, LLC
1982 Wiregrass St home for sale in Captain's CovePending · 0 days
$439,900
4 bd · 2 ba · 1,799 sqft · built 2026
1982 Wiregrass St, Navarre, 32566
Reno opportunityBest value
Listed by D R Horton Realty of NW Florida, LLC
2050 Wiregrass St home for sale in Captain's CovePending · 19 days
$424,900
3 bd · 2 ba · 1,580 sqft · built 2026
2050 Wiregrass St, Navarre, 32566
Listed by D R Horton Realty of NW Florida, LLC

Active and pending Captain's Cove listings as of 2026-06-11, priced high to low. Copyright© 2026 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.. Tap any home to ask about it.

Interactive Map

Captain's Cove on the map.

Every active, pending, and recently sold home, plotted. Toggle the layers, color the dots by status or lot type, and tap a home for the details.

Listing locations from Pensacola MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

Nearby & Commute

How far is everything?

The takeaway

The location is the everyday-convenience case: shopping, schools, and the major roads are all a manageable drive.

Drive times from Captain's Cove. They are approximate and vary with traffic and your exact start point.

U.S. Highway 98 (Navarre Parkway)~2 to 6 min · the corridor
Navarre Beach boat ramp~5 to 10 min · boating
Navarre Beach~10 to 18 min · the coast
Hurlburt Field / Eglin area~20 to 35 min · military
Pensacola~35 to 50 min · employers
Gulf Breeze~20 to 30 min · west

Distances and drive times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Captain's Cove with Momentum Realty’s local guides.

Sound RetreatSound RetreatNavarre, FL · 0.2 miNavarre2nd AdditionNavarre2nd AdditionNavarre, FL · 0.2 miNavarre ShoresNavarre ShoresNavarre, FL · 0.2 miRobledal EstatesRobledal EstatesNavarre, FL · 0.5 miPalmetto RidgePalmetto RidgeNavarre, FL · 0.6 miVillaDanielleVillaDanielleNavarre, FL · 0.6 miTreasure Isle EstatesTreasure Isle EstatesNavarre, FL · 0.7 miNavarreNavarreNavarre, FL · 1.1 miNavarreFirst AdditionNavarreFirst AdditionNavarre, FL · 1.1 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
Captain's Cove (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Santa Rosa County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

Captain's Cove is served by Santa Rosa County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Buying with schools in mind? We can confirm the exact zoned schools for any Captain's Cove address.

The takeaway

What is actually shaping value in Captain's Cove, sourced and dated. We do not publish rumor.

Recent Developments in Captain's Cove

Development Intelligence

Our read on what is being built around Captain's Cove, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishA newer, smaller coastal community whose value tracks the specific home and a quiet Navarre waterside setting near the beach and boat ramp, balanced against coastal insurance and new-community supply.

Quiet coastal Navarre setting

BullishNotable impact
SignificanceRadius: Navarre

A quiet, natural waterside setting off Highway 98 with the Navarre Beach boat ramp reported within about five miles and the beach a short drive is a durable draw (drhorton.com; homes.com, 2026).

Coastal flood and insurance

NeutralMajor impact
SignificanceRadius: Captain's Cove

Near the water, carrying cost turns on the FEMA flood zone, elevation, and wind and flood insurance for the specific lot; pull the flood determination and quotes before you write.

New-community supply and incentives

NeutralNotable impact
SignificanceRadius: Captain's Cove

As an actively selling new community of roughly ninety-two lots, available inventory and builder incentives shift over time; price a resale against current builder offerings on the same plans.

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Captain's Cove, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

  1. 2026
    Community

    Documented by the builder and third-party sources

    D.R. Horton and third-party sources describe Captain's Cove as a newer single-family community of roughly ninety-two lots in Navarre, Santa Rosa County, ZIP 32566, off U.S. Highway 98 in a quiet waterside setting, with a pickleball court and the Navarre Beach boat ramp within about five miles. Why it matters: Verify the specific plan, lot and water position, HOA, flood zone, and schools before relying on them; builder availability and pricing change. Source

  2. 2024
    Taxes

    Santa Rosa County millage and the coastal parcel

    The Santa Rosa County Property Appraiser publishes parcel values and the taxing authorities set the millage; near the water the tax bill, flood insurance, and any HOA dues together set the carrying cost. Why it matters: Pull the specific parcel record and taxes from the Santa Rosa County Property Appraiser and the FEMA flood determination before you write. Source

Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

The Strategy

The Captain's Cove buying strategy.

If we were buying in Captain's Cove, this is the order of operations we would run, and the one we run for our clients.

1

Confirm the HOA dues and what they cover. Verify the current dues, any CDD, and the deed restrictions before you write.

2

Confirm the lot and any water position. Verify the lot lines, any waterfront or water-view position, and any dock rights for the specific property.

3

Compare the builder plans. Confirm the exact floor plan, square footage, and standard versus upgraded finishes for the specific home.

4

Pull the flood zone and insurance. Confirm the FEMA flood determination, elevation, and wind and flood insurance quotes near the water before you write.

5

Comp on plan and position. Price the home against the closest comparable Navarre sale and against current builder offerings on the same plan.

The Quick Decision
Best Buy
A well-sited plan on a usable lot with the water position you value, priced at or below current builder offerings on the same floor plan, with the flood and insurance confirmed.
Biggest Risk
Underestimating coastal flood and insurance, overpaying relative to current builder incentives, or an unverified lot or water-position issue.
Best Lot
The plan, the lot and its water position, and the finish level set the value here; verify all three.
Smart Timing
A quiet coastal location near the beach rewards a prepared buyer who has confirmed the full carrying cost, including flood insurance, and compared builder offerings.
Deep-Dive Intelligence

The full read, only if you want it.

The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Captain's Cove is a newer single-family community by D.R. Horton in Navarre, Santa Rosa County, ZIP 32566, described as roughly ninety-two lots off U.S. Highway 98 in a quiet, natural waterside setting, with a pickleball court and the Navarre Beach boat ramp reported within about five miles (drhorton.com; homes.com; harvest-realestate.com, 2026). As a selling new community, value is read home-by-home on plan, lot, and water position, and the central diligence items are the HOA dues and any CDD, the lot and any waterfront position, the FEMA flood zone and coastal insurance, the Santa Rosa County parcel taxes, and the current builder offerings on the same plans.

Captain's Cove Homes For Sale

What your money buys in Captain's Cove.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Here are the broad resale bands in Captain's Cove today. The right home is the one matched to your budget and the renovation math, so seeing fitting listings early is the edge.

Entry: smaller interior plans
$415K to $420K

The smaller interior-lot plans are the value entry here. Confirm the plan, the lot, the HOA, and the flood zone before you write (third-party builder context, 2026, not MLS).

Lowest entry
Mid: core plans
$420K to $443K

The core single-family plans are the heart of the community. Price each on its plan, lot, and finishes against the closest comparable Navarre sale and current builder offerings.

Most inventory
High: larger or water-position plans
$443K to $445K

The larger plans and any premium water-position lots sit at the top here. Price each on its own plan, lot, water position, and finish level, not a community average.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

See Off-Market & Private Listings
What Your Money Buys

What ~$420K buys here.

Three realistic price bands. Where a home lands comes down to condition and lot, not square footage alone.

$415K to $420K
Entry: smaller interior plans
The smaller interior-lot plans are the value entry here. Confirm the plan, the lot, the HOA, and the flood zone before you write (third-party builder context, 2026, not MLS).
$420K to $443K
Mid: core plans
The core single-family plans are the heart of the community. Price each on its plan, lot, and finishes against the closest comparable Navarre sale and current builder offerings.
$443K to $445K
High: larger or water-position plans
The larger plans and any premium water-position lots sit at the top here. Price each on its own plan, lot, water position, and finish level, not a community average.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

Operator Intelligence

Renovation & Resale Intelligence

The factors that actually move value in Captain's Cove, condition, lot, and the renovation math, read from current listings and recent sales.

15-Second Take
  • Renovation math decides the deal
  • Better lots and views resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Proprietary Data

The renovation premium.

Renovated-listing inventory in Captain's Cove is too thin right now to compute a reliable renovation premium. We read condition home by home against real comps before you offer.

Lot Value

The lot premium.

On a preferred homesite (water, preserve, corner, or a larger lot), the homesite is the part of your money the market gives back at resale. The house can be renovated; the lot cannot, so premium lots hold their value better than interior ones. How much more they command varies by frontage, view, and condition, which is why we read it home by home against real comparable sales rather than a single headline figure.

Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

Resale Strength Scorecard

How well Captain's Cove holds value.

Our read on the factors that protect resale here, and the one to manage.

No CDD on the tax billStrong
Central Intracoastal West locationStrong
Scarce golf and lake homesitesStrong
$30M club reinvestment to 2028Positive
All-resale 1990s conditionManage it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Captain's Cove

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Underbudgeting the carrying costs
  • Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

Captain's Cove1

Calling the listing agent

The agent on the sign works for the seller. In a market where condition swings price by hundreds of thousands, negotiating against that agent with no one in your corner is the costliest move of all.

Captain's Cove2

Misjudging the renovation math

A dated home looks like a deal until you price the roof, HVAC, pool, and full modernization honestly. Underbudget the reno and the bargain becomes the expensive house.

Captain's Cove3

Overpaying for an interior lot

A premium homesite (water, preserve, or a preferred position) carries a real, durable premium. Pay a top price for an interior lot and you are buying the weakest version of the value.

Captain's Cove4

Underbudgeting the carrying costs

Two similar homes can cost very differently to own once the HOA, any CDD, insurance, and upkeep are priced in. Buyers who do not run the full monthly carrying cost misread the real number.

Captain's Cove5

Skipping the systems check

An older home means older systems unless updated. Roof age, HVAC age, pool equipment, and prior renovations drive both price and insurability, and a thorough inspection matters more here than in a new build.

“

Captain's Cove is newer coastal single-family living in quiet Navarre. The deal is read home-by-home in the plan, the lot and water position, the finishes, the HOA, and the flood and insurance picture, not a community average.

Jon Brooks · Founder, Momentum Realty
Momentum Intelligence

Momentum Buy Score.

Our proprietary 0 to 10 read across the five factors that decide how a home here buys, holds, and resells.

6.8B · Buy Score
Resale Strength6.6/10
Renovation Risk7.2/10
Location Efficiency7.3/10
Long-Term Defensibility6.4/10
Carrying Cost Advantage6.0/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Momentum Housing Intelligence

Why our read on Captain's Cove is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Pensacola MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Pensacola MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.
About the analyst · Our methodology

Which Lots & Views Hold Value Best

Proprietary Data · Lot Value Map

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium
Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Pensacola MLS; for orientation, not an appraisal.

15-Second Take
  • The plan, the lot and its water position, and the finish level are the value; verify all three.
  • Confirm the HOA dues, any CDD, the FEMA flood zone, elevation, and coastal insurance.
  • Comp against the closest comparable Navarre sale and current builder offerings.

In a newer coastal community like Captain's Cove, value is driven by the specific plan, its finish level, and its lot and water position, plus the HOA rules, the flood and insurance picture, and current builder pricing, not a single average. That means confirming the dues and any rental rule, verifying the lot and any waterfront position and dock rights, comparing the plan and upgrades against the builder's current offerings, verifying the FEMA flood zone and elevation and pricing coastal insurance, then comping the home against the closest comparable Navarre sale, with the quiet coastal setting near the beach and boat ramp as the durable advantage.

The 15-Second Verdict

Captain's Cove in 15 seconds.

Best forBuyers who want a newer single-family home in a quiet coastal Navarre setting near the beach.
Strong onA quiet waterside location off Highway 98, near the Navarre Beach boat ramp and beach, with a pickleball amenity.
WatchCoastal flood, elevation, and insurance, shifting builder inventory, and the HOA dues.
Not forBuyers who want an established neighborhood or a large amenity or golf community.
The edgeConfirming the flood and insurance and pricing on plan, lot, and water position lets a prepared buyer act with confidence near the coast.

HOA, CDD & Fees

15-Second Take
  • Confirm the HOA dues, any CDD, and the deed restrictions.
  • Verify the lot, any water position, and the FEMA flood zone for the specific home.
  • No CDD is assumed; confirm per parcel.

Captain's Cove is a newer D.R. Horton community; confirm the current HOA dues, any CDD, and the deed restrictions and what they cover before you offer. No CDD is assumed; confirm per parcel.

Third-party sources describe a pickleball court amenity in a quiet waterside setting. Confirm exactly what the dues maintain in the community documents.

The value is the quiet coastal Navarre location near the Navarre Beach boat ramp and beach, with a pickleball amenity; confirm the amenities and what the dues cover in the community documents.

Run Your Numbers

Tools for a Captain's Cove buy.

Free calculators to pressure-test the real cost before you tour.

Mortgage paymentPrincipal, interest, taxes, and insurance on a specific price.Property taxSanta Rosa County millage and the homestead picture.Rent vs buyThe breakeven on owning in Captain's Cove.Save Our HomesProject your homestead tax cap over time.
The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Selling in Captain's Cove

Thinking of selling in Captain's Cove?

Your buyer is comparing your home against current builder offerings and weighing the coastal setting, so sell what is specific and verifiable: the plan, the upgrades, the lot and any water position, the HOA, and a clear flood and insurance picture.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across our market for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Captain's Cove, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Roman Oaks, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Captain's Cove home worth?

Get a no-obligation home value based on real comparable sales in Captain's Cove matched to your condition, lot, and view, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See the full Captain's Cove home value & selling guide, recent comps, fees, and 2026 timing →

Real comps, not a Zestimate.

Price History: What Homes Here Have Actually Sold For

Median sale prices in Captain's Cove year by year since 2012, from closed MLS sales. A long track record beats a single estimate, showing what this community has really done through rate cycles rather than what a model predicts.

Captain’s Cove Market Scorecard

Strong buyer's market

Captain’s Cove is currently a strong buyer's market. About 16.8 months of supply, a median asking price of $464,900, and homes go under contract in about 20 days.

16.8
Months supply
$464,900
Median list
$419,900
Median sold
$247
Per sqft
20
Days on mkt
7/15/5
Active/Pend/Sold

Typical home value in the 32566 ZIP is $417,975, about 15.5% below the Florida norm (Zillow Home Value Index).

Zoom out for the wider market: ZIP market scorecard · county scorecard.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Captain's Cove?
It is a newer single-family community in Navarre, Santa Rosa County, ZIP 32566, off U.S. Highway 98 in a quiet waterside setting near Navarre Beach.
Who builds in Captain's Cove?
Third-party sources describe Captain's Cove as a D.R. Horton community; confirm the current builder, plans, and availability with the builder (drhorton.com, 2026).
What kind of homes are in Captain's Cove?
Third-party builder sources describe newer single-family homes with modern layouts and finishes in a community of roughly ninety-two lots (drhorton.com, 2026). Compare by plan, size, finish level, lot, and any water position.
What do homes cost in Captain's Cove?
Pricing varies by plan, lot, water position, and finish level and moves with builder incentives (illustrative, not MLS). Confirm current pricing for a specific home and against current builder offerings.
Is there an HOA?
Captain's Cove is a newer community; confirm the current HOA dues, any CDD, and the deed restrictions and what they cover before you offer.
Is there a CDD?
No CDD is assumed, but confirm per parcel before you write.
Does Captain's Cove have water access?
Third-party sources describe a quiet waterside setting with the Navarre Beach boat ramp within about five miles; confirm any waterfront position or dock rights for the specific lot (drhorton.com; homes.com, 2026).
What is nearby?
U.S. Highway 98 and Navarre Parkway shopping, the Navarre Beach boat ramp, and Navarre Beach, plus the destinations noted above.
What schools serve Captain's Cove?
It is served by the Santa Rosa County School District; confirm the current zoned schools by address with the district.
Is Captain's Cove in a flood zone?
Near the water, confirm the FEMA flood zone, elevation, and wind and flood insurance for the specific lot before you write.
Is Captain's Cove good for investors?
Its newer coastal stock can suit investors; confirm any HOA rental rules, the plan, the lot and water position, and the flood zone, and price each home on its own merits.
Should I use the builder's or listing agent to buy in Captain's Cove?
No. That agent works for the seller or the builder. On a new-construction purchase where upgrades, lot and water-position premiums, and incentives move value, having your own representation, which typically costs you nothing as the buyer, is the highest-leverage decision you make.
The Verdict

Should you buy in Captain's Cove?

An honest fit check. We will tell you when it is not your community.

Buyers who want a newer single-family home in a quiet coastal Navarre settingExcellent fit
Boaters and beach buyers who value proximity to the Navarre Beach boat ramp and beachExcellent fit
Buyers comparing builder floor plans who want to pick plan, lot, and finishesExcellent fit
Buyers who want an established, mature-tree neighborhoodProbably not
Buyers who want a large resort-amenity or golf communityProbably not
Anyone unwilling to confirm the HOA, the lot and water position, and any flood determinationProbably not

Get the inside read on Captain's Cove

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Captain's Cove home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

By pressing Get My Captain's Cove Game Plan, you agree that EAB RE INVESTMENTS LLC (Momentum Realty) and its agents may call and text you about your inquiry, which may involve automated means and prerecorded or artificial voices, at the number you provided. You do not need to consent as a condition of buying any property, goods, or services. Message and data rates may apply. Message frequency may vary. Reply STOP to opt out, HELP for help. You also agree to our Privacy Policy and SMS Terms.

We respond personally, usually the same day.

You are all set.

A Momentum Realty Captain's Cove specialist will reach out personally, usually the same day.

Captain's Cove median home price history from 2012 to 2026 — chart by Momentum Realty
Median sale price in Captain's Cove, Florida by year (2012–2026). Source: Momentum Realty.
Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Source: Listing data provided by the Multiple Listing Service of the Pensacola Association of REALTORS®. Information deemed reliable but not guaranteed.

Zoom out before you decide: see the Pensacola area market guide or every community in the Neighborhood Finder.

More Navarre & Pensacola, Escambia & Santa Rosa guides

Compare before you commit — every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Pensacola, Escambia & Santa Rosa or the full Neighborhood Finder.

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