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118 Shirley Dr, 
Gulf Breeze, FL 32561

$435,000

2

Beds

1

Bath

828

Sq Ft

Multi-Family

Active

Listed by

Jennifer Keenan

Keller Williams Realty Gulf Coast

Last updated:

January 15, 2026, 03:43 AM

MLS#

675561

Source:

FL PMLS

About This Home

118 Shirley Dr

Investors, take note! This turnkey duplex in Gulf Breeze Proper offers immediate income potential with short-term rentals allowed—a rare find in this highly desirable area. The solid brick building features a 2021 roof and is comprised of two units at 118 and 120 Shirley Drive. Each unit offers 2 bedrooms and 1 full bathroom, an open living and dining area, and a small walk-in laundry room. Both kitchens are equipped with stainless steel appliances, and the property includes a privacy-fenced backyard for each unit. One unit is currently leased annually, while the second unit is vacant and available for showings. 120 Shirley features a 2017 HVAC system and a 2021 water heater. Whether you’re looking to house-hack, expand your rental portfolio, or capitalize on short-term rental demand, this well-maintained duplex offers flexibility, stability, and strong income potential in a prime location.

Home Facts

Multi-Family

1 Bath

2 Bedrooms

Built in 1969

Price Summary

435,000

$525 per Sq. Ft.

MLS #:

675561

Last Updated:

January 15, 2026, 03:43 AM

Added:

15 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

828 Sq. Ft.

Structure

Structure

Building Area:

1,656 Sq. Ft.

Year Built:

1969

Finances & Disclosures

Finances

Price:

$435,000

Price per Sq. Ft:

$525 per Sq. Ft.

Source:FL PMLS
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.