Captains Cove
Homes for Sale in Navarre, FL
True comps, carrying-cost math, and listings before the portals.
Price in Captains Cove is running around a median of $444,900, or roughly $248 per square foot. With no shared amenities pulling weight, what sets value here is the home itself — condition, square footage, and finish do the talking, not a clubhouse or gate.
The posture is buyer-leaning: about 10.8 months of supply against just 9 active listings tells you inventory is deep relative to the pace of deals. That said, the median days on market is only 8, so correctly priced, move-in-ready homes are still moving quickly while everything else sits. Sellers who lean on the calendar rather than the price will wait.
Captains Cove right now
🟢 Buyer-leaning market. 10.8 months of supply and 47% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Pensacola MLS records, as of July 13, 2026. Confidence: High (17 active and pending listings, 10 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 13, 2026 · Live data: Pensacola MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Captains Cove market snapshot (as of July 13, 2026): the median sale price is about $445K ($248 per sq ft over the trailing 12 months of closed sales), a median 8 days on market for closed sales, and 10.8 months of supply, a buyer-leaning market.
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.
The setting & the homes.
Aerial and on-site photos of Captains Cove. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Captains Cove
Captains Cove
Captains Cove
Captains Cove
Captains CoveWho Captains Cove is best for.
Best for
- Buyers with a budget centered near the mid-$440s who value the house over shared facilities
- Bargain-minded buyers willing to take on a dated or overpriced listing for negotiating leverage
- Decisive buyers ready to move fast on a well-prepared home before it clears in a week
Probably not for
- Buyers who want an amenity-rich, HOA-driven community
- Sellers unwilling to price and prep sharply in a deep-supply market
- Buyers needing a wide selection to compare, given how few homes are active
Homes For Sale Right Now in Captains Cove
Live MLS inventory for Captains 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.
Active · 31 daysTop listing
Active · 43 days
Active · 64 days
Active · 34 days
Active · 84 days
Active · 23 days
Active · 23 days
Active · 50 days
Pending · 31 days
Pending · 30 days
Pending · 84 days
Pending · 12 days
Pending · 7 days
Pending · 0 daysActive and pending Captains Cove listings as of 2026-07-03, 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.
Captains Cove on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Pensacola MLS. Map data © OpenStreetMap, tiles © CARTO.
How far is everything?
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.
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 Homes for Sale in Navarre, FL with Momentum Realty’s local guides.
Carrying cost · the no-CDD edge
No CDD bond means thousands less per year than newer master plans.
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
- 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.
What is actually shaping value in Captain's Cove, sourced and dated. We do not publish rumor.
Recent Developments in Captain's Cove
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.
Quiet coastal Navarre setting
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
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
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 ↓
- 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
- 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 Captains Cove buying strategy.
If we were buying in Captains Cove today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Captains Cove.
A condition-driven market with a split personality
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.
The location and the amenities are priced into every listing in Captains Cove. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
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.
Captains Cove in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Captains Cove buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Captains Cove sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Captains Cove, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Captains Cove home worth?
Get a no-obligation home value based on real comparable sales in Captains Cove, 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 homes for sale in Captains Cove on the map →
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Santa Rosa County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Santa Rosa County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
53% of homes for sale in Captains Cove are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-07-18).
Captain's Cove Market Scorecard
Captain's Cove is currently a balanced market. About 9.6 months of supply, a median asking price of $462,400, and homes go under contract in about 38.5 days.
Typical home value in the 32566 ZIP is $418,527, about 15.7% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: 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. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Captain's Cove Market Scorecard
Captain's Cove is currently a balanced market. About 10.8 months of supply, a median asking price of $464,900, and homes go under contract in about 34 days.
Typical home value in the 32566 ZIP is $418,527, about 15.7% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: 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. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
What is the median home price in Captains Cove?
How long do homes in Captains Cove take to sell?
Is Captains Cove a buyer's or seller's market right now?
Who is the best real estate agent for Captains Cove?
How do I find a top Navarre real estate agent who knows Captains Cove?
Can Momentum Realty connect me with an agent for Captains Cove?
Should you buy in Captains Cove?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Captains Cove with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Pensacola MLS, refreshed twice daily (last: July 3, 2026) |
| Community market stats | Pensacola MLS closed sales, 12-month windows ending July 13, 2026 |
| Under-contract shares | Pensacola MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2026 (10 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Pensacola MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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