241 Balboa Street, Port St Joe, FL 32456

$499,000
2
BD
1
BA

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List Price
$499,000
Status
PENDING
MLS#
793287
Subtype
Residential
Style
Coastal
Year Built
1982
Bedrooms
2
Bathrooms
1
Full Baths
1
Lot Size
7,405
Acres
0.17
Subdivision
No Named Subdivision
Neighborhood
Gulf County - St. Joe Beach
MLS Area Major
Gulf County

Property Description

***Under Contract Taking Backups*** Whether you're looking for a cozy primary residence by the beach, a relaxing vacation getaway, or a turnkey short-term rental investment, this charming 2-bedroom, 1-bath cottage offers the best of coastal living. Just a short stroll from the sugar-white sand, you'll love ending your days with gorgeous beach sunsets before heading home to unwind. The fully furnished home is move-in ready and ready to rent from day one. Inside, you'll find granite countertops, luxury vinyl plank flooring, a new HVAC system, ceiling fans throughout, and an updated kitchen with a GE gas range, LG Studio French door refrigerator, Frigidaire dishwasher, GE microwave, and double sinks. You will also enjoy a new washer and dryer, fresh paint in the bedrooms, and tinted windows to help reduce electric bills. The outdoor living space is sure to be a favorite gathering spot. Roast marshmallows or tell stories around the fire pit, watch the game on the outdoor TV, play corn hole, ping pong, or giant connect four, grill a tasty dinner, grab the pickleball paddles and cruise to the pickle courts, or relax in the comfortable seating area after a day at the beach. Don't feel like cooking? Walk to the local restaurant around the block. An outdoor shower and toilet make cleaning up after sandy adventures easy, while the storage shed provides plenty of room for beach chairs, bikes, or even kayaks. This property has proven rental appeal with approximately 65% winter occupancy and 90-95% occupancy during peak season. With actual 2025 short-term rental income of $53,000 and projected income of $60,000+ annually, it's an excellent opportunity for investors while still being the perfect place to create your own beach memories. Come tour this cozy home today!

Additional Information

Exterior Features
Deck, Fire Pit
Property Description
Coastal
Zoning
Resid Single Family
Appliances
Washer/Dryer Stacked, Gas Range
Heating
Electric
Air Conditioning
Central Air, Ceiling Fan(s)
Roof
Metal

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of EXP Realty LLC.