Homeport market snapshot (as of June 25, 2026): the median sale price is about $685K ($562 per sq ft), with homes averaging 461 days on market and 36.0 months of supply, a buyer-leaning market (limited data). Values are up 16% over the past year, based on 1 recent closings in live Pensacola MLS data.
Homeport is a private waterfront community on Navarre Beach (ZIP 32566), in Santa Rosa County, on the Santa Rosa Sound side of Santa Rosa Island. It offers convenient waterfront living with access to both the Sound and, a short walk away, the Gulf of Mexico.
The community is built around deep-water canals, so homes commonly feature private boat lifts and direct water access, with a heated community pool, a common dock, a fishing pier, and deeded private Sound beach access. It is described as just a five-minute walk to the white sands of the Gulf.
Because Navarre Beach is a barrier-island location, two factors shape every purchase: wind and flood insurance and elevation are central to the carrying cost, and, like the rest of the island, the land may be held under a long-term lease through the county rather than fee-simple. Confirm the land status, any community association dues, and the rental rules for a specific home.
Because this is island waterfront, the buy hinges on the waterfrontage and the carrying cost as much as the house: the dock and lift, the lease, wind and flood insurance, and elevation, alongside an honest read of the home. The deep-water access, the community amenities, and the private Sound beach are the durable draws.