Beachfront Paradise
$2,549,000
target home price
$318,625
cost per share
$1,241 / mo
estimated costs
$0 / mo
monthly income
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CASH AT CLOSING PER SHARE
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Down Payment
$31,863
|
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Closing Cost
$21,617
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Reserve Fund Deposit
$11,185
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Total Cash at Closing
$319,565
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Details
Own the Dream—1/8 Co-Ownership Opportunity at Stella Maris on Navarre Beach
Luxury Waterfront Living Made Attainable
Welcome to Stella Maris, a custom-designed Sound-front masterpiece on Navarre Beach, offered through an exclusive co-ownership model. This 5-bedroom, 5.5-bath coastal retreat is located in the private, gated By the Sea community and offers the perfect blend of high-end amenities, serene waterfront views, and a smart approach to second home ownership.
With eight total ownership shares (and two already committed), each share grants you access to 6+ weeks annually in this professionally managed, fully furnished luxury home—without the hassle or expense of full-time ownership.
Home Features:
- Direct Sound-front lot with 110 feet of private shoreline
- 5 spacious bedrooms (each with an ensuite bath), plus a bonus trundle room for extra sleeping space
- Two luxurious waterfront primary suites with spa-style baths, soaking tubs, and dual vanities
- Gourmet kitchen with quartz and marble countertops, soft-close cabinetry, and premium appliances
- Distressed pine and travertine flooring throughout
- Open-concept floor plan with 10-foot ceilings and expansive covered balconies for indoor/outdoor living
- Smart home technology with whole-home audio/video, Wi-Fi control, and custom window treatments
- Furnished with designer pieces— ready for any member to stay
- Enjoy exclusive access to a Sound-side beach in your own backyard, plus community pool and hot tub privileges just steps away.
Co-Ownership Highlights:
- 1/8 fractional ownership: Enjoy 6+ weeks/year with equitable access to peak seasons
- Privately selected property management: Members choose a professional manager for maintenance, scheduling, and housekeeping
- Flexible rental potential: A successful short-term rental brand has already been established. If approved by member vote, owners may continue or expand vacation rental use to offset costs
- Fully maintained and professionally managed: All aspects of ownership by designated Member —from landscaping and deep cleans to insurance and repairs are handled for you
Location Perks:
- Just a quick walk, bike, or golf cart ride to the Gulf’s white-sand beaches
- Close to local dining, boating, paddleboarding, and fishing
- Located on the quiet, uncrowded stretch of Navarre Beach with panoramic Sound views and breathtaking sunsets
- Minutes to Navarre Beach Pier, shopping, and family-friendly attractions
Learn More + Explore Virtually:
View the floor plans and Matterport 3D tour at: 1464 Seaside Circle, Navarre, FL
This is your chance to invest in a low-stress, high-reward lifestyle—luxury beachfront living at a fraction of the cost. Whether you’re gathering the family, entertaining friends, or simply unwinding on your private balcony, Stella Maris invites you to own your time, your memories, and your piece of paradise.
House Usage
- 8 shares total
- 6 weeks a year per share
About the Organizer
Meet the Family Behind Stella MarisWe’re a family of five. Myself, my wife, our fun-loving twin 11-year-olds, and our adventurous 6-year-old—who have spent countless cherished days together here at Stella Maris. For us, this home is more than a beach house. It’s a place where memories were made: sandcastle competitions at sunset, s’mores on the beach, dolphin sightings during breakfast, and laughter echoing through the halls after long days in the sun and surf. Our family is grounded in faith, strong values, and a deep commitment to making time together count. Stella Maris has been a gift—a sanctuary for slow mornings, spontaneous swims, running along the quiet beach and reconnecting in a world that often moves too fast. Every corner of this home reflects that purpose.As our children grow and our extended family needs shift, we're looking to reallocate some of our equity to create new experiences—traveling with our kids while they’re still young and spending more time near our aging parents. But we’re not leaving Stella Maris behind. We’re simply choosing to share this special place with others who value what we value: connection, rest, and meaningful moments.By joining us as a co-owner, you’re not just buying a piece of a luxury beach home—you’re becoming part of something intentionally designed to enrich your life. We’re excited to welcome like-hearted partners who will love this home as we have, build their own memories here, and carry on the spirit of what makes Stella Maris truly special.We can’t wait to meet you.
Amenities
- Game room
- Hot tub
- Pool
- Waterfront
House Rules
- Only dogs allowed
- No firearms allowed
- No short term renting
Ask A Question
Calculated Costs per Share
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CASH AT CLOSING PER SHARE
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Down Payment
$31,863
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|
Closing Cost
$21,617
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Reserve Fund Deposit
$11,185
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Total Cash at Closing
$319,565
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This is an estimate of the amount of cash needed when closing on the purchase of a property financed with a 30 year Mortgage at 8.0% interest rate.
Plum’s estimate includes 20% of the value of the house as a down payment, 6% of the value of the house for closing costs (including Plum’s Group Success Fee) and 3% of the value of the house for the initial reserve fund.
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ESTIMATED MONTHLY EXPENSES PER SHARE
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Insurance/Taxes
$501
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Repairs
$104
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Maintenance
$484
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Utilities
$102
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Plum Subscription
$50
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Total Expenses
$1,241
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