Paradise Bay
Homes for Sale in Gulf Breeze, FL
All 166 homes for sale in Gulf Breeze, FL · median $536,500 · 103 homes for sale in 32563 · Santa Rosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo courtesy of 1 Percent Lists Florida Coast · via Pensacola MLS
As of November 2026, Paradise Bay in Gulf Breeze, FL has 4 homes for sale. Over the 12 months ending 2026-09-20, 10 recorded sales closed at a median of $397,250, $226 per square foot, a median 63 days on market, sellers accepting 96% of original asking (-12% versus the prior year). Homes listed or recently sold were built 1984–2023; 9 of 10 report an HOA (median $5/mo); none of the 10 geocoded homes sit in a FEMA special flood hazard zone (median elevation 23 ft). At the median price and Santa Rosa County's FY2025-26 rate of 12.81 mills, annual property tax runs about $5,090 ($4,580 with the full homestead exemption).
Last 30 days in Paradise Bay: 2 new listings (median asking $372,450). As of November 2, 2026, 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.
Paradise Bay right now
🟡 Balanced market. 5.3 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.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 September 20, 2026. Confidence: Medium (4 active and pending listings, 10 closed sales in 12 months).
🔴 Off the recent peak. The trailing-12-month median ($397K) is down 12.2% from the prior 12 months ($452K) and up 166% since 2012. With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Pensacola MLS closed sales, 12-month windows ending September 20. Confidence: Medium (10 and 7 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated November 2, 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
Paradise Bay market snapshot (as of September 20, 2026): the median sale price is about $397K ($226 per sq ft over the trailing 12 months of closed sales), a median 63 days on market for closed sales, and 5.3 months of supply, a balanced market. The trailing-12-month median is down 12% from the prior 12 months and up 166% since 2012, computed from record-level Pensacola MLS closed sales (10 closings in the current window).
In ZIP 32563 (Gulf Breeze), 415 homes closed in the last 12 months at a median of $427K ($230/sq ft), up 1.9% year over year, with a median 45 days on market. Right now 75 active and 40 pending listings put supply at about 3.2 months — a healthy market. See the live ZIP 32563 housing market and the Santa Rosa County market.
County records show 12 qualified sales in Paradise Bay across 2024–2025 (8 in 2024, 4 in 2025), median $452,500 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Flood zones in Paradise Bay: of 9 listing addresses checked against the FEMA National Flood Hazard Layer, 100% sit outside the FEMA Special Flood Hazard Area (Zone X). Individual parcels vary - verify any specific address at msc.fema.gov. See flood zones by neighborhood in Gulf Breeze.
Paradise Bay is a community of 124 homes in Gulf Breeze, Santa Rosa County, built between 1982 and 2023 (median 1987.0), with a median living area of about 2,390 square feet. 84% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
The setting & the homes.
Aerial and on-site photos of Paradise Bay. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Paradise BayPhotos from Pensacola MLS listings in Paradise Bay; content deemed reliable but not guaranteed.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Pensacola MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($397K) IS the median in the snapshot above, and the move from 2025 ($452K) IS the -12.2% one-year change.
Windows contain 2 to 13 sales each (10 in the current window); every figure carries its sample size, and thin markets swing on single closings. 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. Deemed reliable but not guaranteed.
Paradise Bay Market Scorecard
Paradise Bay is currently a balanced market (limited data). About 3.0 months of supply, a median asking price of $372,450, and homes go under contract in about 24.0 days.
Typical home value in the 32563 ZIP is $403,499, about 16.1% 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.
Homes For Sale Right Now in Paradise Bay
Live MLS inventory for Paradise Bay. 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 and pending Paradise Bay listings as of 2026-11-02, 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.
Every Home for Sale in Paradise Bay Right Now (2)
All 2 active and pending Paradise Bay listings with a detail page, newest first, refreshed twice a day from the MLS.
- 3879 Sailwind Dr · $335,000 · 3 bd / 2 ba · listed Oct 6, 2026 · listed by Better Homes And Gardens Real Estate Main Street Properties
- 3883 Bay Wind Dr · $409,900 · 3 bd / 2 ba · listed Sep 11, 2026 · listed by Levin Rinke Realty
Paradise Bay 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 contributors.
Schools
- Santa Rosa County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Oriole Beach Elementary SchoolFLDOE grade A · Elementary
- Gulf Breeze Middle SchoolFLDOE grade A · Middle
- Gulf Breeze High SchoolFLDOE grade A · High
Grades are official Florida Department of Education school grades for 2025-26. Assignments are reported as of the 2025-26 year 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 Paradise Bay address.
Shop the zone: Homes zoned for Gulf Breeze High School
Recent Developments in Paradise Bay
Development, infrastructure, retail, and school activity affecting Paradise Bay, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- September 2026Infrastructure
Santa Rosa commissioners consider $826,544 signal at SR 87 and Ray Helms Road
The September 22 Santa Rosa County commission agenda included an $826,544 contract with Griffin Traffic Signals for a traffic light at State Road 87 and Ray Helms Road, the truck route to Milton Interchange Park, plus resurfacing and sidewalk work. A separate $106,480 contract would replace signs at the park, now called the I-10 Coastal Commerce Center. The article is a preview of the meeting.
What it may mean for the marketA signal and resurfacing on SR 87 would affect truck and commuter traffic flow near the I-10 industrial park in Milton. The project is about 21 miles north of Paradise Bay, elsewhere in Santa Rosa County.
Source: Navarre Press - September 2026Infrastructure
Pensacola mayor says new airport terminal construction starts next week
At a September 17 briefing, Mayor D.C. Reeves said the notice to proceed for the new terminal at Pensacola International Airport would be issued the following week, with site preparation starting shortly after. He described it as a nine-figure investment. A separate 600-space parking expansion still needs construction funding.
What it may mean for the marketTerminal construction signals added air-travel capacity at the airport and construction activity near the airport corridor. The site is about 9 miles northwest of Paradise Bay.
Source: Rick's Blog - July 2026Development
Goldring Gulf Distributing plans expansion at Milton facility
Goldring Gulf Distributing filed plans to add 76,400 square feet to its existing 192,000 square foot beverage distribution facility in the Santa Rosa County Industrial Park in East Milton. The expansion would grow the company's footprint in Northwest Florida.
What it may mean for the marketEnlarges an established industrial and distribution operation within the Santa Rosa County Industrial Park and expands the county's industrial base. The project is about 17 miles north of Paradise Bay, elsewhere in Santa Rosa County.
Source: Navarre Press - May 2026Retail & Dining
Circle K convenience store planned for Navarre Parkway
Plans for a Circle K convenience store with a gas canopy were submitted to Santa Rosa County in May 2026 for a site at 8510 Navarre Parkway. The proposal is under review by county development services.
What it may mean for the marketAdds a fuel and convenience retail option along the Navarre Parkway commercial corridor and expands roadside services in the local market. The project is about 10 miles east of Paradise Bay, elsewhere in Santa Rosa County.
Source: Navarre Press
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 Paradise Bay buying strategy.
If we were buying in Paradise Bay 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.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
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 Paradise Bay.
A closer look at the Paradise Bay market
At a median of $226 per square foot, Paradise Bay prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.
Inventory runs at 5.3 months of supply, a balanced market and the trailing-12-month median down 12% year over year. Homes that do trade take a median 63 days on market, useful leverage on any listing that has lingered.
The housing stock is 124 homes built between 1982 and 2023, and 84% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.
The location and the amenities are priced into every listing in Paradise Bay. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Paradise Bay buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 5 factors (6.5). Basis: Long-Term Appreciation +166% since 2012; Recent Direction -12.2% year-over-year; Liquidity & Demand 5.3 months of supply; Owner Commitment 84% owner-occupied; Pricing Power 95.5% sale-to-list. Refreshed with each data update.
Tools for a Paradise Bay 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 Paradise Bay sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Paradise Bay, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Paradise Bay home worth?
Get a no-obligation home value based on real comparable sales in Paradise Bay, 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 all homes for sale in Gulf Breeze →
Recently off market in Paradise Bay
Homes in Paradise Bay that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 4 on record.
- 1515 Mariners Cir · off market
- 3865 Paradise Bay · off market
- 3870 Bay Wind Dr · off market
- 3876 Mariners Dr · off market
| Location | Gulf Breeze, Santa Rosa County, FL · ZIP 32563, 32566 |
|---|---|
| Homes in the community | 124 (FL DOR 2025 assessment roll) |
| Years built | 1982–2023 (median 1987.0) |
| Typical living area | 2,390 sq ft (median) |
| Home types (current listings and sales) | single-family 100% |
| Amenities listed by sellers | Fishing, Picnic Area, Beach, Security System |
| Sale prices, last 12 months | $397,250 median across 10 closed sales · $226 per sq ft · -12.2% vs the prior 12 months |
| Days on market (closed sales) | 63 median |
| For sale right now | 4 active, 0 pending · median asking $409,900 · 5.3 months of supply |
| Owner-occupied (homestead) share | 84% |
| Zoned public schools | Oriole Beach Elementary School (A, FLDOE 2025-26); Gulf Breeze Middle School (A, FLDOE 2025-26); Gulf Breeze High School (A, FLDOE 2025-26) |
Data as of September 20, 2026. 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; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Paradise Bay key facts,” movewithmomentum.com/neighborhoods/paradise-bay, data as of September 20, 2026.
Housing distress & ownership in Paradise Bay, Gulf Breeze
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. 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. Deemed reliable but not guaranteed.
Just listed in Paradise Bay
The newest homes for sale in Paradise Bay right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 3879 Sailwind Dr $335,000 · 3 bd · 2 ba · 1,682 sq ft · listed Oct 13, 2026 Courtesy of Better Homes And Gardens Real Estate Main Street Properties
- 3883 Bay Wind Dr $409,900 · 3 bd · 2 ba · 1,779 sq ft · listed Oct 5, 2026 Courtesy of Levin Rinke Realty
Checked against the MLS nightly. All new listings in this market.
More Gulf Breeze home searches
- All homes for sale in Gulf Breeze, FL
- Homes for sale in Santa Rosa County, FL
- Gulf Breeze home values: what is my house worth?
- ZIP 32563 housing scorecard
- 4 coming-soon communities in Santa Rosa County
Gulf Breeze guides & data
- Market data
- Cost of living
- Best neighborhoods
- Flood zones
- Property taxes (Santa Rosa County)
- Homestead exemption (Santa Rosa County)
- Home insurance cost
- New construction
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
Real estate agent in Gulf Breeze? Join Momentum in Gulf Breeze: 100% commission, one $12K cap.
Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Paradise Bay Drive (32 homes on record)
What it really costs to own in Paradise Bay
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| HOA dues | MLS listings here mostly enter dues as billed annually, but the median entry is only $57/year across 7 listings (2026-11-02), which usually means a quarterly or monthly amount was entered as annual. Ask the association for the current dues. |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Santa Rosa County is $2,444/yr (876 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. Flood: of 9 listing addresses checked against the FEMA flood map, 100% sit outside the high-risk zone. Statewide, a Zone X flood policy runs about $500-$700/yr and a high-risk zone $1,200-$2,500/yr (FEMA Risk Rating 2.0 averages, not quotes). |
| Roof and age | Median build year 1987 across 8 listings. An original roof here would be about 39 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
Email me new listings in Paradise Bay
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Paradise Bay
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Paradise Bay will answer, and the answer is published on this page for the next buyer.
Frequently Asked Questions
What is the median home price in Paradise Bay?
How long do homes in Paradise Bay take to sell?
Is Paradise Bay a buyer's or seller's market right now?
How many homes are in Paradise Bay?
What share of Paradise Bay is owner-occupied?
When were the homes in Paradise Bay built?
Have Paradise Bay home prices gone up?
What schools serve Paradise Bay?
Who is the best real estate agent for Paradise Bay?
How do I find a top Gulf Breeze real estate agent who knows Paradise Bay?
Can Momentum Realty connect me with an agent for Paradise Bay?
Where is Paradise Bay, and what county is it in?
Is Paradise Bay a good place to live?
Data sources & freshness
| Live listings | Pensacola MLS, refreshed twice daily (last: November 2, 2026) |
| Community market stats | Pensacola MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (3 streets, ZIP 32563/32566)) |
| Under-contract shares | Pensacola MLS records, as of 2026-09-20 |
| Schools | 2025-26 district assignments + FLDOE school grades; verify with the district |
| Historical depth | Closed-sale records back to 2005 (165 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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See how Paradise Bay fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Paradise Bay
- Home values · What homes in Paradise Bay actually sell for
- Find an agent · How to choose the best real estate agent in Paradise Bay
Nearby Communities
Explore more neighborhoods near Paradise Bay with Momentum Realty’s local guides.