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About This Home
This 3-bedroom, 2-bathroom condo at 197 Cape Pointe Dr in Cape San Blas, FL is listed for $647,500 ($450 per sqft). Built in 2006, the home offers 1,440 sqft of living space on a 4.00 acres lot.
Phenomenal value on this Gulf front condo located in the Club at Cape San Blas offering direct Gulf views from the living area and private balcony. Unit A3 recently sold for $850,000 making this offering hard to ignore! Gulf front condo inventory on Cape San Blas, Florida is limited, making this a rare opportunity in a low density community with private beach access and a private pool.
Gulf front positioning supports strong buyer demand, long term value retention, and rental appeal due to unobstructed views, immediate beach access, and consistent guest preference for waterfront units. Cape San Blas is known for uncrowded beaches, protected natural surroundings, and year round outdoor recreation including fishing, snorkeling, kayaking, paddleboarding, hiking, and boating in St.
Joseph Bay, all of which support repeat visitation. The property is located near Salinas Park and St. Joseph Peninsula State Park, and within a short drive of downtown Port St. Joe for shopping, dining, and fresh local seafood, with convenient access to historic Apalachicola.
Recent updates support reduced near-term capital expenses and operational efficiency, including December 2025 new stainless steel appliances, September 2025 new hot water heater, September 2022 new LVP flooring throughout, and a 2019 roof and HVAC, making this unit well-positioned for personal use, second-home ownership, or rental income. Unit comes with additional storage unit on ground floor. See the 3D virtual tour, and call for your private showing today.
Key Features
- Built in 2006
- 4.00 acre lot
- 1 parking spaces
- Private pool
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$6,713/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
197 Cape Pointe Dr
Cape San Blas, FL 32456
The Club At Cape San Blas
Features & Amenities
Interior Features
Property Details
Construction
Views
Parking
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom condo at 197 Cape Pointe Dr is listed at $647,500 ($450/sqft). The estimated monthly payment is $6,056 based on 20% down at 6.5% interest.
HOA fees are $3250/month.
Key features include: Built in 2006, 4.00 acre lot, 1 parking spaces, Private pool, Waterfront. Interior Features: Breakfast Bar, Elevator, Walk-In Closet(s).
This property is listed by The Peevy Team and can be reached at 8502273335 or info@callthepeevys.com.








