Water Leaf
Homes for Sale in Gulf Breeze, FL
All 168 homes for sale in Gulf Breeze, FL · median $529,500 · 105 homes for sale in 32563 · Santa Rosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo courtesy of GODOY REALTY LLC · via Pensacola MLS
As of November 2026, Water Leaf in Gulf Breeze, FL has 1 home for sale. As of November 2026, the MLS records 25 closed sales in Water Leaf in Gulf Breeze, FL since 2022, the most recent in May 2026. Across Gulf Breeze as a whole, 418 homes closed in the last 12 months at a median of $427,000, 45 median days on market, with 146 homes for sale today. At that median and Santa Rosa County's FY2025-26 rate of 12.81 mills, annual property tax runs about $5,470 ($4,960 with the full homestead exemption).
Water Leaf right now
🟡 Balanced market. 6.0 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 August 10, 2026. Confidence: Low (1 active and pending listings, 2 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated November 1, 2026 · Live data: Pensacola MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The setting & the homes.
Aerial and on-site photos of Water Leaf. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Water Leaf
Water Leaf
Water LeafPhotos from Pensacola MLS listings in Water Leaf; content deemed reliable but not guaranteed.
The market around Water Leaf
Water Leaf is too small for its own price trend, so here is the market around it.
In ZIP 32563, 253 homes are on the market and 42% are under contract — a fast-moving corner of Gulf Breeze.
Across Santa Rosa County, 1,014 homes are active and 563 pending (36% under contract).
ZIP and county figures describe the wider market, not Water Leaf specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Water Leaf
Live MLS inventory for Water Leaf. 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 Water Leaf listings as of 2026-10-31, 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.
Life at Water Leaf
- Pool · reported on 13 of 13 listings
- Playground · reported on 12 of 13 listings
- Clubhouse · reported on 8 of 13 listings
- Basketball Court · reported on 7 of 13 listings
- Children's Pool · reported on 7 of 13 listings
- Jogging Path · reported on 2 of 13 listings
- Park · reported on 2 of 13 listings
- Maintenance Grounds · reported on 1 of 13 listings
- Security · reported on 1 of 13 listings
- Pickleball · reported on 1 of 13 listings
- Management - On Site · reported on 1 of 13 listings
Community amenities as reported across realMLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.
Schools
- Santa Rosa County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Oriole Beach · Elementary
- WOODLAWN BEACH · Middle
- Gulf Breeze · High
Zoned schools reflect the assignments reported on recent Water Leaf 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 Water Leaf address.
Shop the zone: Homes zoned for Gulf Breeze High School
Recent Developments in Water Leaf
Development, infrastructure, retail, and school activity affecting Water Leaf, 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 20 miles north of Water Leaf, 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 11 miles northwest of Water Leaf.
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 16 miles north of Water Leaf, 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 7 miles east of Water Leaf, 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 Water Leaf buying strategy.
If we were buying in Water Leaf 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 Water Leaf.
A closer look at the Water Leaf market
Inventory runs at 6.0 months of supply, a balanced market.
The location and the amenities are priced into every listing in Water Leaf. The deal is won or lost on condition, the comps, and the renovation math.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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 Water Leaf 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 Water Leaf sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Water Leaf, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Water Leaf home worth?
Get a no-obligation home value based on real comparable sales in Water Leaf, 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 Water Leaf
Homes in Water Leaf 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. 3 on record.
- 1076 Candlebark Drive · off market
- 558 Roserush Lane · off market
- 616 Candlebark Drive · off market
Housing distress & ownership in Water Leaf, 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.
Every Home for Sale in Water Leaf Right Now (1)
All 1 active and pending Water Leaf listings with a detail page, newest first, refreshed twice a day from the MLS.
- 4499 Water Leaf Cv · $523,500 · 5 bd / 3 ba · listed Aug 2, 2026 · listed by Berkshire Hathaway Home Services PenFed Realty
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.
Email me new listings in Water Leaf
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 Water Leaf
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Water Leaf will answer, and the answer is published on this page for the next buyer.
37% of homes for sale in ZIP 32563 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 (2026-11-01).
Water Leaf Market Scorecard
Water Leaf is currently a buyer-leaning market (limited data). About 12.0 months of supply, a median asking price of $523,500, and homes go under contract in about 358 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.
Price History: What Homes Here Have Actually Sold For
Median sale prices in Water Leaf year by year since 2012, from closed MLS sales. Long-run history beats any single estimate: it shows what this community has actually done through rate cycles, not what a model guesses.
Frequently Asked Questions
Is Water Leaf a buyer's or seller's market right now?
Who is the best real estate agent for Water Leaf?
How do I find a top Gulf Breeze real estate agent who knows Water Leaf?
Can Momentum Realty connect me with an agent for Water Leaf?
Where is Water Leaf, and what county is it in?
Data sources & freshness
| Live listings | Pensacola MLS, refreshed twice daily (last: October 31, 2026) |
| Under-contract shares | Pensacola MLS records, as of 2026-08-10 |
| Historical depth | Closed-sale records back to 2022 (25 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.
Own a home here?
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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Pensacola MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how Water Leaf fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Water Leaf
- Find an agent · How to choose the best real estate agent in Water Leaf
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