292 Pebble Beach- Cape San Blas Prime Gulf-Front Lot - Builder Opportunity/New Dream Home Opportunity with Proven Rental ROI- NO HOA.For the builder or investor seeking a premier coastal project, this 0.89-acre gulf-front lot in Cape San Blas/Port St. Joe offers 70 feet of direct beachfront and an incredible opportunity to capitalizej on strong rental demand. Current DEP build permits are already in place for 2 separate build plans, allowing for the maximum allowable home size--perfect for constructing a luxury beach home tailored for high-end vacation rentals. Surrounded by similar newly built properties generating upwards of $225,000 in annual rental income, this lot presents a compelling opportunity for a high-return investment. Located in the heart of Florida's Forgotten Coast, the property sits conveniently between Cape San Blas, Indian Pass, and Port St. Joe giving future guests easy access to dining, recreation, and waterfront activities. The site's unique position adjacent to the Surfside Estates dune walkover easement ensures unobstructed, panoramic views of the pristine dunes and the shimmering Gulf of Mexico elevating its value and appeal. Don't miss this rare chance to develop a premier beachfront home in one of the region's most desirable and scenic locations. Whether for resale or luxury vacation rental, this lot delivers the setting, size, and income potential savvy builders are looking for.

Listing courtesy of Cheramie L Reeder of Robert Slack LLC



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Last checked: 2025-05-14 03:25 AM UTC