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Experience the space, views and rental potential of a luxury Gulf-front retreat"”without paying the Gulf-front premium. Located in the gated Seagrass community on Cape San Blas, this exceptional 6-bedroom, 5-bath coastal home offers approximately 3,809 square feet of beautifully designed living space, expansive covered decks and breathtaking Gulf views. The beach access boardwalk is located directly across the street, placing the sugar-white sand and emerald Gulf waters approximately 100 steps from your front door. Enjoy the convenience of quick beach access while benefiting from spacious indoor and outdoor living spaces. Designed for large families and vacation rental success, the spacious floor plan features generous gathering areas, private bedroom suites and abundant indoor and outdoor living spaces that comfortably accommodate larger groups. Whether entertaining guests or enjoying quiet evenings overlooking the Gulf, this home was built to embrace the coastal lifestyle. For investors, the property offers an established rental history, generating approximately $132,000 in gross rental income in 2024 and $123,000 in 2025. With six bedrooms and five bathrooms, it is ideally suited for the strong demand for high-capacity Cape San Blas vacation rentals. At approximately $433 per heated square foot, this home represents an outstanding value compared to many recent luxury Gulf-front sales, delivering the size, Gulf views, beach access and income-producing potential buyers are seeking at a significantly lower acquisition cost than comparable Gulf-front properties. Seagrass offers a private gated setting convenient to the Loggerhead Run Bike Path, Salinas Park, St. Joseph Peninsula State Park, boating, fishing, kayaking, restaurants and miles of pristine white-sand beaches. Whether you're searching for a luxury primary residence, second home or a powerhouse rental, 212 Seagrass Circle delivers an exceptional combination of location, space and rental performance.
Property Type(s):
Single Family
| Last Updated | 4/16/2026 | Tract | Seagrass |
|---|---|---|---|
| Year Built | 2005 | Community | Cape San Blas/S. Gulf |
| County | Gulf |
Price History
| Prior to Apr 16, '26 | $1,699,000 |
|---|---|
| Apr 16, '26 - Today | $1,649,000 |
Additional Details
| AMENITIES | Maintenance Grounds |
|---|---|
| APPLIANCES | Disposal |
| AREA | Cape San Blas/S. Gulf |
| CONSTRUCTION | HardiPlank Type |
| GARAGE | Attached Garage |
| HOA DUES | 1750 |
| INTERIOR | Kitchen Island |
| LOT | 0.26 acre(s) |
| LOT DIMENSIONS | 157x185x35x102 |
| PARKING | Driveway, Attached |
| POOL | Yes |
| POOL DESCRIPTION | Outdoor Pool, In Ground, Private |
| SEWER | Public Sewer |
| STYLE | Beach House |
| SUBDIVISION | Seagrass |
| TAXES | 15108 |
| UTILITIES | Electricity Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Water |
| WATER | Public |
| ZONING | Residential Single Family |
Location
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Listed with Berkshire Hathaway HomeServices - SGI
Listings are provided by the Forgotten Coast REALTOR Association. This information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the Forgotten Coast REALTOR Association.
Copyright 2026 Forgotten Coast REALTOR Association.
This IDX solution is (c) Diverse Solutions 2026.
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