229 Balboa St, Port St. Joe, FL 32456

$799,000
3
BD
3
BA
1,528
SqFt

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List Price
$799,000
Status
ACTIVE
MLS#
329518
Bedrooms
3
Bathrooms Total
3
Full Baths
2
Half Baths
1
Acres
0.52
Living Area
1,528
Region
Mexico/St. Joe Beach
Subdivision
St. Joe Beach

Property Description

Welcome to 229 Balboa Street, a newly renovated 3-bedroom, 2.5-bathroom home located just 800 feet from the Gulf in St Joe Beach. This property sits on a rare 1/2-acre double lot, offering an exceptional amount of space and privacy that is incredibly hard to find this close to the water. The backyard is a private oasis featuring a brand-new, heated and cooled gunite pool with custom pavers and a convenient outdoor shower. The home comes completely turnkey, sold with high-end furniture included. It has also operated as a highly successful short-term rental, generating over $80,000 in gross revenue this year alone. A massive highlight is the detached 1,000 sq ft garage. It is already plumbed for a bathroom, making it perfect for an Accessory Dwelling Unit (ADU), guest house, or excellent storage for vehicles and boats. Saint Joe Beach is a golf cart community, making it easy to cruise around the neighborhood and head straight to the beach. Additionally, the home sits in an X500 flood zone, meaning most lenders do not require flood insurance. Whether you are looking for a profitable investment property or a spacious beachside retreat, this home is ready for its next owner.

Additional Information

Year Built
1987
Interior Features
Pantry, High Ceilings, Renovated, Storage
Parking Spaces
4

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Calculator source: Real Geeks

Listing courtesy of 98 Real Estate Group, Llc.