Request More Info
Schedule a Showing
Share
Print
|
Price Improved! Welcome to 229 Balboa Street, a stunning, newly renovated beachside retreat located just 800 feet from the Gulf in the highly sought-after, golf cart-friendly community of St. Joe Beach. Now offered at an incredible new price, this turnkey property sits on a rare, oversized 1/2-acre double lot, delivering unmatched space and privacy this close to the water. The Ultimate Outdoor Oasis Step into your private backyard paradise, complete with a brand-new, heated and cooled gunite pool, custom pavers, a privacy fence, and a convenient outdoor shower for rinsing off after a day at the beach. Turnkey Luxury & Proven ROI Sold completely furnished with high-end, professionally curated furniture, this home is ready for immediate enjoyment or continued investment. It operates as a highly successful short-term rental, generating over $80,000 in gross revenue in a single year. Best of all, it sits in a desirable X500 flood zone, meaning most lenders do not require flood insurance. Massive 1,000 Sq. Ft. Detached Garage (ADU Potential) A standout feature of this property is the massive detached garage. Already plumbed for a bathroom, it offers a blank canvas to easily create an Accessory Dwelling Unit (ADU), a private guest house, or the ultimate storage setup for boats, trucks, and beach toys. Whether you are looking for a lucrative, hands-off investment property or a spacious coastal sanctuary, this St. Joe Beach gem offers a rare combination of amenities and value.
Property Type(s):
Single Family
| Last Updated | 10/23/2026 | Tract | No Named Subdivision |
|---|---|---|---|
| Year Built | 1987 | Community | Mexico/St. Joe Beach |
| County | Gulf |
Price History
| Prior to Oct 23, '26 | $799,000 |
|---|---|
| Oct 23, '26 - Today | $779,000 |
Additional Details
| APPLIANCES | Dishwasher, Disposal, Microwave, Refrigerator |
|---|---|
| AREA | Mexico/St. Joe Beach |
| CONSTRUCTION | HardiPlank Type, Wood Siding |
| GARAGE | Attached Garage |
| INTERIOR | Pantry, Storage |
| LOT | 0.516 acre(s) |
| LOT DESCRIPTION | Cleared |
| LOT DIMENSIONS | 150x150 |
| PARKING | Driveway, Detached, Attached |
| POOL | Yes |
| POOL DESCRIPTION | Outdoor Pool, In Ground, Tile, Private |
| SEWER | Public Sewer |
| STYLE | Ranch |
| SUBDIVISION | No Named Subdivision |
| UTILITIES | Sewer Connected, Cable Connected, Electricity Connected, Natural Gas Available, Phone Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Water |
| WATER | Public |
| ZONING | Residential Single Family |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Julia Cunningham to contact you even if your name is on a Federal or State "Do not call List". | |
Listed with 98 Real Estate Group, LLC
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.
Twitter
Facebook
Email