Cost to Own
United StatesFloridaSanta Rosa CountyNavarre Beach Population 1,583 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Navarre Beach, Florida

A $755,000 home here costs

$5,591

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $3,881. The real number is $1,710 higher every month — 44% more than the payment most buyers budget for.

Navarre Beach median: $755,200
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $604,000 borrowed $3,881
Property tax0.668% effective rate for Navarre Beach itself $420
Homeowners insuranceFlorida averages $2,437/yr (NAIC), or 0.725% of home value $456
Electricity15.17¢/kWh — Florida residential average, EIA $136
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $629
Total monthly $5,591

Navarre Beach against Santa Rosa County and Florida

MeasureNavarre BeachSanta Rosa County
Median home value$755,200$302,100
Median property tax$5,048$1,809
Effective tax rate0.668%0.599%
Median gross rent$1,840$1,445
Population1,583193,719

The weather behind that power bill

Navarre Beach sits in Santa Rosa County, which averages a high of 92.7°F in its hottest month and a low of 41.9°F in its coldest, with 66.39" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 2,911 cooling and 1,347 heating degree days, which is what sets the $136 electricity line above.

See the full climate breakdown for Santa Rosa County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Santa Rosa County

Full Santa Rosa County cost breakdown · Every county in Florida

Common questions

How much does it cost to own a home in Navarre Beach?

A $755,000 home in Navarre Beach, Florida costs approximately $5,591 per month with 20% down at 6.66%. That is $3,881 principal and interest, $420 property tax, $456 homeowners insurance, $204 utilities and $629 set aside for maintenance.

What is the property tax rate in Navarre Beach?

Navarre Beach has an effective property tax rate of 0.668%, based on a median home value of $755,200 and median real estate taxes of $5,048. That is higher than the Santa Rosa County average of 0.599%.

What is the average home price in Navarre Beach?

The median owner-occupied home value in Navarre Beach, Florida is $755,200, against $302,100 across Santa Rosa County.

Is it cheaper to rent or buy in Navarre Beach?

Median gross rent in Navarre Beach is $1,840 a month, against $5,591 to own the median home all in. Renting costs less month to month here, though renting builds no equity.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Navarre Beach — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Florida.
  • Electricity price — EIA Electric Power Monthly Table 5.6.A.
  • Mortgage rate — Freddie Mac PMMS, refreshed weekly.
  • Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.

Full methodology