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Gulf-Front on Cape San Blas | Brand-New Beach Sleeps 16 Proven Rental Income True gulf-front on the coveted Cape San Blas "” with a freshly renourished, wider beach right off your own private boardwalk. This 5-bedroom, 5-bath home holds one of the Cape's rare dual-view positions: sunrise over St. Joseph Bay, sunset over the Gulf, and water views from every single room in the house. Designed to perform as a vacation rental and to live beautifully, it sleeps 16 across three levels served by a private elevator. A proven rental machine that produces year over year and at $656.00 per sq. ft., this home is one of the best values you will find on the beach anywhere! Two separate living areas on the first and second floors give big groups room to spread out, while the third-floor master suite opens to its own private balcony. Two additional gulf-view master suites, a bay-view suite, and a bunkroom mean everyone gets a bed and a view. The oversized kitchen and dining area is built for a full house, and a private pool plus a boardwalk to the sand put the beach just steps away. The location markets itself: minutes from the St. Joseph Peninsula State Park boat launch and convenience store, and right on the paved trail that runs the entire length of the Cape. Boating, fishing, scalloping, snorkeling, kayaking, spearfishing, biking "” it's all at your door. Bringing the boat and a crowd? There's easy parking for a trailer plus a half-dozen vehicles. And here's what sets this moment apart: the beach directly in front of the home was just restored as part of Cape San Blas's major shoreline renourishment and breakwater project "” a wider, healthier beach that protects both your views and your investment for years to come. On this coast, that's the difference-maker buyers have been waiting for. Gulf-front. Income-producing. Sleeps 16. Water from every window. And a brand-new beach out front. This one truly has it all! Schedule your showing today.
Property Type(s):
Single Family
| Last Updated | 8/4/2026 | Tract | No Named Subdivision |
|---|---|---|---|
| Year Built | 2002 | Community | Cape San Blas/S. Gulf |
| County | Gulf |
Price History
| Prior to Aug 4, '26 | $2,498,500 |
|---|---|
| Aug 4, '26 - Today | $2,488,500 |
Additional Details
| AIR | Ceiling Fan(s), Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Microwave |
| AREA | Cape San Blas/S. Gulf |
| CONSTRUCTION | Frame, Vinyl Siding |
| EXTERIOR | Balcony |
| HEAT | Central, Electric |
| INTERIOR | Breakfast Bar, Crown Molding, Elevator, Recessed Lighting, Walk-In Closet(s) |
| LOT | 0.4 acre(s) |
| LOT DESCRIPTION | Waterfront |
| LOT DIMENSIONS | 50 x 300 |
| PARKING | Driveway |
| POOL | Yes |
| POOL DESCRIPTION | Outdoor Pool, Fiberglass, In Ground, Private |
| SEWER | Public Sewer |
| STORIES | 3 |
| STYLE | 2 Story, Beach House |
| SUBDIVISION | No Named Subdivision |
| TAXES | 13852 |
| UTILITIES | Sewer Connected, Cable Connected, Electricity Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Water |
| WATER | Public |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Waterfront |
| ZONING | County |
Location
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Listed with Cape San Blas Realty, Inc.
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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