229 Balboa St, Port St. Joe, FL 32456

Property Description

Welcome to 229 Balboa Street, a fully renovated 3BR/2.5BA home with a heated and chilled pool in St. Joe Beach that has brought in $80,000 in gross rental income and earned over 50 five-star reviews as a short-term rental. It sits on a 0.52-acre DOUBLE LOT, just an 800-foot walk to the beach, and it's in the X flood zone, so flood insurance is not required. The heated and cooled gunite pool can be used in any season, not just the summer months, which is a big plus whether you're enjoying it yourself or renting it out. Entering the home, you will notice the LVP flooring throughout, along with an open-concept living area that flows right out to the screened-in porch overlooking the pool, perfect for enjoying the backyard while staying out of the bugs and the afternoon sun. Being a single-level home, there are no stairs to deal with, so it's easy to move from the bedrooms to the porch to the pool. The primary suite features a walk-in shower and a makeup vanity. The two guest bedrooms share a bathroom with a jetted tub, and a half bath off the living area means guests aren't using anyone else's bathroom. The home is being sold fully furnished with all-new furniture, and an owner's lock-out closet keeps your personal items secure between guest stays. Outside is where this property truly shines. The fenced backyard features the pool, a paver patio with a seating area, and an outdoor shower for rinsing off the sand before heading inside. Along with the attached garage, the detached garage already has its own power and water, and because the home sits on two lots, that garage can be converted into an ADU. That opens the door to a separate guest area or a second income stream on top of the main house. The size of the lot also leaves plenty of room for boat or trailer parking, which is hard to find this close to the Gulf. With proven rental income, a year-round pool, and room to grow just 800 feet from the sand, this one checks all the boxes. Call today for a showing!