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Welcome to 162 Cape Dunes Drive, a completely turnkey Gulf-view retreat offering the perfect blend of Old Florida charm, coastal comfort, and relaxed beachside living on Florida's highly sought-after Forgotten Coast. This beautifully maintained 3-bedroom, 3-bath home is just steps from the sugar-white sands of Cape San Blas and has been a successful, meticulously managed vacation rental for over a decade. Gross rental income has averaged approximately $50,000 annually, with peak years exceeding $70,000. Approximately 35% of bookings come from loyal repeat guests, many booking directly year after year, creating a valuable and transferable income stream for the next owner. Early 2026 bookings are already trending upward, reflecting the continued growth and demand in the Cape San Blas market. With its strong and established rental history, the home offers the unique ability to help offset ownership expenses while still serving as a wonderful personal beach getaway for family and friends. Inside, the home features warm coastal dcor and an inviting open-concept layout designed for gathering and entertaining. Comfortably sleeping up to 8 guests, the spacious living, dining, and kitchen areas flow seamlessly together, making the property equally ideal as a personal beach retreat, family vacation home, or income-producing property. Outdoor living is where this home truly shines. In addition to the screened porch and covered gathering space below, the property features a large upper deck addition designed to maximize Gulf views and coastal breezes, creating the perfect setting for morning coffee, sunset dinners, or relaxing after a day on the beach. Covered parking and storage below provide ample room for kayaks, bikes, and beach gear. Cape Dunes offers low HOA fees and an outstanding location near deeded beach access, the Loggerhead bike trail, Salinas Park, pickleball courts, and the breathtaking St. Joseph Peninsula State Park. Nearby Port St. Joe offers coastal di
Property Type(s):
Single Family
| Last Updated | 5/10/2026 | Tract | Cape Dunes |
|---|---|---|---|
| Year Built | 1984 | Community | Cape San Blas/S. Gulf |
| County | Gulf |
Additional Details
| AIR | Attic Fan, Ceiling Fan(s), Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Maintenance Grounds, Trash |
| APPLIANCES | Dishwasher, Freezer, Microwave, Refrigerator |
| AREA | Cape San Blas/S. Gulf |
| BASEMENT | None |
| CONSTRUCTION | Wood Siding |
| EXTERIOR | Outdoor Shower |
| FIREPLACE | Yes |
| HEAT | Central, Electric |
| HOA DUES | 500 |
| INTERIOR | Bookcases, Breakfast Bar, See Remarks |
| LOT | 3877 sq ft |
| LOT DIMENSIONS | 30x130 |
| PARKING | Driveway |
| SEWER | Shared Septic |
| STORIES | 2 |
| STYLE | 2 Story, Beach House |
| SUBDIVISION | Cape Dunes |
| TAXES | 2913 |
| UTILITIES | Electricity Connected, Sewer Not Available, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Water |
| WATER | Public |
| ZONING | Residential Single Family |
Location
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Listed with Keller Williams Success Realty
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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