118 Shallow Reed Drive rests in the beautiful and quaint residential community of Shallow Reed where you're just minutes from downtown Port St. Joe and the beaches of Cape San Blas. This home is incomplete and will need completion to receive a CO. Bring your favorite builder/general contractor to finish this stunning floor plan! This home is offered at a discounted price to reflect the needs required to complete construction. Sold As Is. Buyer's responsible for all due diligence. All measurements approximate.
For sale
Price cut: $25K (7/30)
$425,000
118 Shallow Reed Dr, Port Saint Joe, FL 32456
4beds
2,635sqft
:
Get pre-qualified$2,755/mo
Single Family Residence
Built in 2026
0.27 Acres Lot
$419,900 Zestimate®
$161/sqft
$67/mo HOA
What's special
Stunning floor plan
- 42 days |
- 477 |
- 21 |
Zillow last checked:
Listing updated:
Listed by:
The Peevy Team 850-227-3335,
Keller Williams Success Realty
Source: Forgotten Coast Realtor Association,MLS#: 328852
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Features: See Remarks
Heating
- See Remarks
Cooling
- See Remarks
Appliances
- Included: See Remarks
Features
- Needs Work, See Remarks
- Flooring: See Remarks, Tile
- Has fireplace: No
Interior area
- Total structure area: 3,371
- Total interior livable area: 2,635 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Garage Attached, See Remarks
- Has attached garage: Yes
- Has uncovered spaces: Yes
Features
- Patio & porch: Covered Patio, See Remarks
- Exterior features: See Remarks
- Pool features: See Remarks
Lot
- Size: 0.27 Acres
- Features: Covenants/Restrictions
Details
- Parcel number: 06248405R
- Zoning description: County,Residential Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Florida,See Remarks
- Property subtype: Single Family Residence
Materials
- Concrete, See Remarks, Stucco
- Foundation: See Remarks, Slab
- Roof: Metal,See Remarks
Condition
- Under Construction
- Year built: 2026
Utilities & green energy
- Sewer: See Remarks
- Water: See Remarks
- Utilities for property: See Remarks, County Trash
Green energy
- Energy efficient items: See Remarks
Community & HOA
Community
- Features: See Remarks
- Subdivision: Shallow Reed
HOA
- Has HOA: Yes
- Services included: Accounting, Legal, See Remarks
- HOA fee: $200 quarterly
Location
- Region: Port Saint Joe
Financial & listing details
- Price per square foot: $161/sqft
- Tax assessed value: $44,000
- Annual tax amount: $503
- Date on market: 7/2/2026
- Listing terms: Cash,Conventional,Other
Estimated market value
$419,900
$399,000 - $441,000
$4,391/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Price change | $425,000-5.6%$161/sqft |
Source:  Forgotten Coast Realtor Association #328852 Report a problem | ||
| 7/1/2026 | Listed for sale | $450,000+733.3%$171/sqft |
Source:  CPAR #792055 Report a problem | ||
| 9/13/2021 | Sold | $54,000$20/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $503 -3.1% | $44,000 |
| 2024 | $520 -7.1% | $44,000 -8.3% |
| 2023 | $560 +12.6% | $48,000 +24.7% |
| 2022 | $497 +49.4% | $38,500 +54% |
| 2021 | $333 +8.8% | $25,000 +13.6% |
| 2020 | $306 +33.8% | $22,000 +10% |
| 2019 | $228 +0% | $20,000 +25% |
| 2018 | $228 -0.3% | $16,000 |
| 2017 | $229 | $16,000 |
| 2016 | $229 -3.7% | $16,000 -11.1% |
| 2015 | $238 -8% | $18,000 |
| 2014 | $259 | $18,000 -61.9% |
| 2009 | -- | $47,250 -30% |
| 2008 | -- | $67,500 |
| 2007 | -- | $67,500 -61.4% |
| 2006 | -- | $175,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32456
Nearby schools
GreatSchools rating
- 5/10Port St. Joe Elementary SchoolGrades: PK-5Distance: 3.8 mi
- 4/10Port St. Joe High SchoolGrades: 6-12Distance: 3.4 mi
- $530,0003 bd3 ba1.6k sqft112 Shallow Reed Dr, Port Saint Joe, FL 32456New Construction
- $62,5000.25 acres126 Shallow Reed Dr, Pt Saint Joe, FL 32456Lot/Land
- $44,0000.25 acres122 Shallow Reed Dr, Port Saint Joe, FL 32456Off Market
- $124,4000.5 acres37 & 38 Shallow Reed Dr, Pt Saint Joe, FL 32456Lot/Land
- $44,0000.28 acres110 Shallow Reed Dr, Port Saint Joe, FL 32456Off Market
- $44,0000.28 acres119 Shallow Reed Dr, Port Saint Joe, FL 32456Off Market
- $44,0000.25 acres121 Shallow Reed Dr, Port Saint Joe, FL 32456Off Market
- $44,0000.25 acres117 Shallow Reed Dr, Port Saint Joe, FL 32456Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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