About This Home

This 3-bedroom, 2-bathroom single family at 985 Cape San Blas Rd in Cape San Blas, FL is listed for $1,338,000 ($714 per sqft). Built in 2004, the home offers 1,875 sqft of living space on a 1.46 acres lot.

Key Features

  • Built in 2004
  • 1.46 acre lot
  • 4 parking spaces
  • Private pool
  • Waterfront

Property Details

2 full
4 spaces
2004

Amenities

PoolWaterfrontViewA/C
Listing Description

Rare St. Joseph Bayfront waterfront home on Cape San Blas offering over an acre, approximately 80 feet of Bay shoreline, a private dock, a heated pool with chiller, and deeded beach access just a short walk away. Enjoy panoramic Bay views and the unique opportunity to experience both the pristine waters of St.

Joseph Bay and the Gulf beaches of Cape San Blas. This thoughtfully appointed single-level home features two bedrooms plus an office/bunkroom and two baths, with an open floor plan designed to showcase its waterfront setting. At the heart of the home, the well-appointed kitchen features maple cabinetry, granite countertops, stainless steel appliances, a separate oven, and a cooktop.

Custom woodwork throughout adds warmth and character, while walls of windows fill the living spaces with natural light and frame sweeping views of St. Joseph Bay. The spacious great room flows effortlessly into the dining area and screened porch, creating inviting spaces for entertaining or simply enjoying coastal breezes and spectacular Cape San Blas sunsets.

The Bayfront primary suite provides a private retreat with double vanities, two walk-in closets, a walk-in shower, and a bright, sun-filled primary bath. Outdoor living takes center stage with a Bayfront heated pool with chiller, outdoor shower, expansive grounds, and private dock.

Launch a kayak or paddleboard directly into St. Joseph Bay, spend the day fishing or exploring the water, or make the short walk to the deeded Gulf beach access. Mature palms, palmettos, pines, and coastal vegetation enhance the property's privacy and relaxed Old Florida setting.

An elevator and attached 4-car+ garage with three garage doors add convenience and versatility. One garage door opens directly to the back patio, and the oversized garage provides generous space for vehicles, kayaks, paddleboards, beach gear, and recreational equipment.

Adding to its appeal, the property is an established short-term vacation rental generating approximately $90,000 in rental revenue, exclusive of cleaning fees and applicable taxes. Its combination of direct Bayfront access, private dock, heated pool, deeded beach access, acreage, elevator, oversized garage, and proven rental history creates a distinctive opportunity as a second home, vacation rental, or investment property on Cape San Blas.

Monthly Cost Estimate

$7,156/mo

20% down · 6.5% · 30 years

Principal$968
Interest$5,798
Insurance$390

Estimates only. Actual payments may vary.

Location

985 Cape San Blas Rd

Cape San Blas, FL 32456

No Named Subdivision

Features & Amenities

Interior Features

Open FloorplanBookcasesBreakfast BarElevatorKitchen IslandLock Out ClosetHigh CeilingsRecessed LightingStorageVaulted Ceiling(s)Walk-In Closet(s)

Exterior Features

BarbecueDockRenovatedShallow WellShore NaturalOutdoor Shower

Property Details

Flooring

CarpetTile

Construction

Vinyl Siding

Views

Water

Pool Features

Pool

Outdoor Features

DeckPorch

Parking

DrivewayCoveredGarage - AttachedOversize

Heating

CentralElectric (Heating)

Cooling

ElectricCentral AirCeiling Fan(s)

Appliances

CooktopDishwasherDisposalDryerElectric Water HeaterMicrowaveRange HoodSelf Cleaning OvenTrash CompactorWasher

Questions & Answers

This 3-bedroom, 2-bathroom single family at 985 Cape San Blas Rd is listed at $1,338,000 ($714/sqft). The estimated monthly payment is $7,156 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2004, 1.46 acre lot, 4 parking spaces, Private pool, Waterfront. Interior Features: Open Floorplan, Bookcases, Breakfast Bar. Exterior Features: Barbecue, Dock, Renovated.

This property is listed by Michelle Massingill.

MM

Michelle Massingill

Agent at Going Coastal

Listed by Going Coastal · Broker phone: 8505883350 · View on Broker Site

MLS# 329446· Source: Forgotten Coast Realtor Association· 7 days on PropertySimple

Copyright © 2026 Forgotten Coast Realtor Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

985 Cape San Blas Rd, Cape San Blas, FL 32456

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