Located in the most sought-after area of North Cape San Blas, this exceptional 4-bedroom, 3 full-bath coastal retreat offers breathtaking Gulf views, a private heated and cooled pool, and proven rental appeal—delivering the perfect blend of lifestyle and investment. Positioned in the desirable X flood zone and just steps from the beach, this first-tier property checks all the boxes for a true coastal getaway. The home features an open-concept layout with beautiful hardwood flooring and expansive Gulf-facing views throughout the main living spaces. Large windows and seamless flow between the kitchen, dining, and living areas create a bright, welcoming atmosphere ideal for entertaining or relaxing after a day at the beach. A major highlight is the separate downstairs mother-in-law suite, providing flexibility for multiple families to enjoy the home together or giving one large family plenty of room to spread out—perfect for guests, extended family, or rental use. Outdoor living shines with a spacious screened porch and open sundeck, ideal for enjoying Gulf sunsets or listening to the waves roll in. The heated and cooled private pool allows for year-round enjoyment, complemented by an outdoor shower and generous covered storage for beach gear and water toys. Situated on an oversized lot, the property offers ample parking for guests, including room for multiple boats as well. Beach access is effortless via the nearby community boardwalk, placing the sugar-white sands of the Gulf just moments away. Move-in ready and well-positioned in a high-demand rental market, this North Cape San Blas home is ideal as a primary residence, second home, or income-producing investment—a rare opportunity to enjoy the Gulf Coast lifestyle on the Forgotten Coast.
Parking features: Boat, Driveway, Guest, Oversized, See Remarks, Under House With Pad
Has uncovered spaces: Yes
Details: Boat
Features
Levels: 2
Stories: 1
Patio & porch: Covered Porch
Exterior features: Outdoor Shower
Pool features: Heated, In Ground, See Remarks
Fencing: Back Yard,Other,Partial
Has water view: Yes
Water view: 1st Tier Gulf,Gulf,Water
Lot
Size: 0.52 Acres
Features: Aerials/Topo Available, Cleared, Covenants/Restrictions, Subdivided, Within 1/2 Mile of Water
Details
Parcel number: 06349004R
Zoning description: Residential Single Family
Special conditions: As Is
Construction
Type & style
Home type: SingleFamily
Architectural style: Beach House,Florida
Property subtype: Single Family Residence
Materials
HardiPlank Type
Foundation: Pilings
Roof: Composition,Shingle
Condition
Construction Complete
Year built: 1984
Major remodel year: 2018
Utilities & green energy
Sewer: Public Sewer
Water: Public, Tap Fee Paid
Utilities for property: Cable Available, Electricity Connected, Internet Available, Phone Available, Sewer Connected, Tap Fee Paid, Water Connected, Private Trash
Community & HOA
Community
Subdivision: Peninsula Estates
Location
Region: Port Saint Joe
Financial & listing details
Price per square foot: $693/sqft
Tax assessed value: $807,925
Annual tax amount: $9,244
Date on market: 1/23/2026
Listing terms: Cash,Conventional
Exclusions: Personal items
Estimated market value
Zestimate®
$1,043,000
Estimated sales range
$991,000 - $1.10M
Rent Zestimate®
$3,143/mo
Price history
Date
Event
Price
7/1/2026
Price change
$1,100,000-4.3%$693/sqft
Source: Forgotten Coast Realtor Association #325037Report a problem
5/11/2026
Price change
$1,150,000+4.5%$724/sqft
Source: Forgotten Coast Realtor Association #325037Report a problem
5/4/2026
Price change
$1,100,000-6.4%$693/sqft
Source: Forgotten Coast Realtor Association #325037Report a problem
3/11/2026
Price change
$1,175,000-6%$740/sqft
Source: Forgotten Coast Realtor Association #325037Report a problem
2/2/2026
Price change
$1,250,000-3.8%$787/sqft
Source: Forgotten Coast Realtor Association #325037Report a problem
1/23/2026
Listed for sale
$1,300,000+71.3%$819/sqft
Source: Forgotten Coast Realtor Association #325037Report a problem
7/8/2021
Sold
$759,000+1.3%$478/sqft
Source: Forgotten Coast Realtor Association #307871Report a problem
6/5/2021
Contingent
$749,000$472/sqft
Source: Forgotten Coast Realtor Association #307871Report a problem
6/5/2021
Listed for sale
$749,000$472/sqft
Source: Forgotten Coast Realtor Association #307871Report a problem
5/22/2021
Contingent
$749,000+87.7%$472/sqft
Source: Forgotten Coast Realtor Association #307871Report a problem
5/20/2021
Listed for sale
--
Source: Forgotten Coast Realtor Association #307871Report a problem
10/21/2014
Listing removed
$399,000$251/sqft
Source: BEACH REALTY OF CAPE SAN BLAS, INC #252318Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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