Captains Cove
Homes for Sale in Navarre, FL

Captains Cove market snapshot (as of September 20, 2026): the median sale price is about $451K ($247 per sq ft over the trailing 12 months of closed sales), a median 13 days on market for closed sales, and 4.0 months of supply, a balanced market.

In ZIP 32566 (Navarre), 261 homes closed in the last 12 months at a median of $397K ($223/sq ft), down 3.5% year over year, with a median 39 days on market. Right now 64 active and 43 pending listings put supply at about 4.0 months — a healthy market. See the live ZIP 32566 housing market and the Santa Rosa County market.

County records show 4 qualified sales in Captains Cove across 2024–2025 (2 in 2024, 2 in 2025), median $445,900 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Flood zones in Captains Cove: of 31 listing addresses checked against the FEMA National Flood Hazard Layer, 90% sit outside the FEMA Special Flood Hazard Area (Zone X); 10% are in an A-series high-risk zone where flood insurance is required with a federally backed mortgage. Individual parcels vary - verify any specific address at msc.fema.gov.

Captains Cove is a community of 31 homes in Navarre, Santa Rosa County, built between 2020 and 2024 (median 2021.0), with a median living area of about 2,051 square feet. 58% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Captains Cove is a small, listing-light pocket of Navarre where the home's own condition and size drive the number — there are no community amenities identified in current MLS listings to lean on.

• Holley Navarre · Elementary
• HOLLEY NAVARRE · Middle
• Navarre · High

Zoned schools reflect the assignments reported on recent Captains Cove listings and can change; always confirm with Santa Rosa County Public Schools for a specific address.

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

The headline tension here is a slow-looking supply figure against a fast median days on market. Ten-plus months of supply usually signals a soft market, but an 8-day median says the right house at the right price does not linger. The spread between those two numbers is the whole story: buyers have leverage on overpriced or dated inventory, and almost none on sharp, well-prepared listings.

Because there are no amenities to standardize value, expect a wide range of outcomes around the $444,900 median depending on how each home shows. Buyers should underwrite each property on its own merits rather than assuming the neighborhood carries it. Sellers should treat presentation and pricing as the entire lever — there is no HOA package doing the selling for you.

In a thin, condition-driven market like this, the gap between a home that sells in a week and one that stalls for months comes down to pricing and prep judgment. We read Captains Cove listing by listing rather than by averages, so buyers know when to push and sellers know exactly what the market will reward before the sign goes in the yard.

Listings in this community report association dues of about $46 per month ($552 a year) — the median AssociationFee across 218 MLS records, normalised to a monthly figure; most are billed annually. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.