Cape San Blas/S. Gulf Homes under $500,000

Cape San Blas/S. Gulf Homes under $500,000

Welcome to Cape San Blas, a hidden gem nestled along the stunning Gulf Coast of Florida in Franklin County. This picturesque region is renowned for its pristine beaches, crystal-clear waters, and a relaxed coastal lifestyle that makes it a perfect retreat for families, retirees, and anyone seeking a slice of paradise. With its charming small-town atmosphere, Cape San Blas offers a unique blend of natural beauty and outdoor adventure, making it a desirable destination for those looking to escape the hustle and bustle of city life.

One of the most enticing features of Cape San Blas is the availability of beautiful homes under $500,000. Whether you’re searching for a cozy beach cottage, a spacious family home, or a charming bungalow, this region has something to suit every taste and budget. Many properties boast stunning views, easy access to the beach, and modern amenities, providing an ideal setting for relaxation and entertainment.

Imagine waking up to the sound of waves lapping at the shore, enjoying morning walks along the sandy beaches, and spending afternoons exploring the nearby St. Joseph Peninsula State Park, known for its hiking trails and wildlife. With a vibrant local community, delightful dining options, and ample opportunities for fishing, kayaking, and biking, Cape San Blas is not just a place to live; it’s a lifestyle.

Explore the possibilities of homeownership in this enchanting area, and discover why Cape San Blas is the perfect place to call home. Your dream coastal retreat awaits!

Newest Cape San Blas/S. Gulf Homes under $500,000

273 Parkside Cir, Port St. Joe
$349,000
2 Beds ⋅ 2 Baths ⋅ 329621 MLS
Welcome to the laid-back coastal lifestyle of North Cape San Blas! This beautifully furnished 2BR/2BA townhome in the popular Barrier Dunes community offers the perfect combination of beachside relaxation, resort-style amenities, and lucrative rental potential. If you are looking for a personal beach retreat, second home, or income-producing vacation rental, this inviting townhome is nicely furnished and ready to enjoy. Spend your days soaking up the Florida sunshine, relaxing on the sugar-white beaches of the Gulf of Mexico, or taking advantage of everything Barrier Dunes has to offer. Community amenities include two swimming pools, tennis courts, pickleball courts, scenic fishing ponds, and gated entry. With the Gulf just moments away, guests and owners can enjoy swimming, shelling, fishing, breathtaking sunsets, and miles of beautiful shoreline. Adding to its appeal, this property offers lucrative rental income potential in one of Cape San Blas' most sought-after vacation destinations. Whether you're searching for an investment property, a family beach getaway, or a little of both, this move in ready townhome is an opportunity to own your piece of paradise on North Cape San Blas!

273 Parkside Cir, Port St. Joe
134 S Palm St, Port St. Joe
$475,000
2 Beds ⋅ 3 Baths ⋅ 329568 MLS ⋅ Alfie's Place BLDG.
Welcome to “Alfie's Place,” a well-maintained, furnished beach home in desirable Indian Pass. Easy Beach Access just steps away. Relax on white sand beach or cast a fishing line. This 2BR/3BA coastal retreat features a New Metal Roof (2026), open floor plan, vaulted ceiling, fireplace, luxury vinyl plank flooring, and an efficient kitchen with breakfast bar. Living and dining areas open to screened porch and sun deck for outdoor living. Primary suite offers ensuite bath and deck access. Ground level workshop/recreation space includes full bath. Landscaped lot with French drain, city water, capped well. Minutes to boat launches, the Indian Pass Raw Bar, and St. Vincent National Wildlife Refuge. "Alfie's" is a one owner coastal getaway, turn key ready for vacation rental or personal residence.

134 S Palm St, Port St. Joe
539 Barrier Dunes Dr, Port St. Joe
$449,000
2 Beds ⋅ 2 Baths ⋅ 328910 MLS
Enjoy coastal living at its finest in this beautifully maintained, move-in-ready townhome located in the popular gated community of Barrier Dunes on North Cape San Blas. Offered fully furnished, this 2BR/2BA residence features an inviting open floor plan, comfortable coastal dcor, and breathtaking Gulf sunsets, making it an ideal full-time residence, vacation retreat, or income-producing investment property. Wake up to Gulf views from the private balcony off the primary suite while enjoying your morning coffee, then unwind each evening as vibrant sunsets fill the sky from the comfort of your living room through the expansive sliding glass doors. Barrier Dunes offers an exceptional coastal lifestyle with resort-style amenities, including two community swimming pools, Gulf-front beach access, tennis/ pickleball courts, stocked fishing ponds, underground utilities, and a secure gated entrance. Spend your days relaxing on the sugar-white beaches of the Gulf of Mexico or lounging poolside with the sound of the waves in the background. Whether you're searching for a personal beach escape or a turnkey investment opportunity, this townhome offers the perfect combination of comfort, convenience, and the laid-back charm of Florida's Forgotten Coast. Don't miss your chance to own your own piece of paradise!

539 Barrier Dunes Dr, Port St. Joe
118 Shallow Reed Dr, Port St. Joe
$395,000
4 Beds ⋅ 4 Baths ⋅ 328852 MLS
Creative Seller Financing Available. 118 Shallow Reed Drive rests in the beautiful and quaint residential community of Shallow Reed where you're just minutes from downtown Port St. Joe and the beaches of Cape San Blas. This home is incomplete and will need completion to receive a CO. Bring your favorite builder/general contractor to finish this stunning floor plan! This home is offered at a discounted price to reflect the needs required to complete construction. Sold As Is. Buyer's responsible for all due diligence. All measurements approximate.

118 Shallow Reed Dr, Port St. Joe
165 Money Bayou Dr, Port St. Joe
$469,000
2 Beds ⋅ 2 Baths ⋅ 328766 MLS
Welcome to Eagle's Rest, a charming coastal retreat located at 165 Money Bayou Drive in the highly desirable Money Bayou/ Indian Pass area and just steps from the Gulf of America. NO HOA and FEMA INSURANCE ELIGIBLE!!! Fully furnished offering the perfect blend of privacy, flexibility, and coastal convenience, this well-maintained 2-bedroom, 2-bath residence features over 1,000 square feet of comfortable living space with Gulf views from both the interior and outdoor decks. The open-concept living, dining, and kitchen area creates an inviting atmosphere for family gatherings, weekend getaways, or vacation rental guests. Recent updates and furnishings allow for immediate enjoyment or income-producing potential. The property's greatest advantage is its location—just a short 0.1-mile walk to the sugar-white beaches of Cape San Blas, with permitted beach driving access conveniently located nearby at Lee Street. Whether you're launching a kayak, fishing the shoreline, searching for scallops in St. Joseph Bay, or simply enjoying breathtaking sunsets, coastal adventures are always within reach. Outside, the expansive fenced backyard is designed for relaxation and fun, featuring a fire pit, treehouse, outdoor shower, and abundant space for entertaining. Covered parking beneath the home and a gated driveway provide additional convenience and security for owners and guests alike. The adjoining lot is negotiable and available and would offer future opportunities for expansion, additional outdoor amenities, or simply preserving the privacy that is becoming increasingly difficult to find along Florida's Forgotten Coast. Whether you're searching for a personal beach getaway, a full-time residence, or an investment property with room to grow, Eagle's Rest delivers an authentic coastal lifestyle in one of Port St. Joe's most sought-after beachside communities. Adjacent lot is available and negotiable.

165 Money Bayou Dr, Port St. Joe
175 Jamaica Dr, Cape San Blas
$475,000
2 Beds ⋅ 1 Baths ⋅ 328379 MLS ⋅ Sail Away BLDG.
This is the Cape San Blas lifestyle people dream about! Affordable cottage, steps to the beach, Gulf views, and a home that's already renovated and income-producing. Located in the X flood zone (0.02%), this 2-bedroom, one bath cottage puts you seconds from thewhite sands and emerald waters that make the North end so sought-after. Inside, enjoy granite countertops, all appliances, and luxury plank flooring. Outside, the huge open deck becomes your entertainment hub—sunbathe, grill, dine, shower, unwind, repeat. Whether you're looking for a personal retreat, a high-performing rental, or both, this one checks every box. For even a greater investment potential 183 Jamaica can be had as well!!

175 Jamaica Dr, Cape San Blas
183 Jamaica Dr, Cape San Blas
$475,000
2 Beds ⋅ 1 Baths ⋅ 328350 MLS ⋅ Sunkissed BLDG.
This is the Cape San Blas lifestyle people dream about! Affordable 1st-tier, steps to the beach, Gulf views, and a home that's already renovated and income-producing. Located in the X flood zone (0.02%), this 2-bedroom, one bath cottage puts you seconds from the white sands and emerald waters that make the North end so sought-after. Inside, enjoy granite countertops, all appliances, and luxury plank flooring. Outside, the huge open deck becomes your entertainment hub—sunbathe, grill, dine, shower, unwind, repeat. Whether you're looking for a personal retreat, a high-performing rental, or both, this one checks every box. For even a greater investment potential 175 Jamaica can be had as well!!

183 Jamaica Dr, Cape San Blas
197 Cape Pointe Dr Unit C1, Cape San Blas
$499,500
2 Beds ⋅ 2 Baths ⋅ 327769 MLS
Experience your own coastal paradise at The Club on Cape San Blas. This tastefully decorated residence boasts a large open floor plan with breathtaking views of the Gulf! Step on to your spacious covered private balcony to sip your morning coffee while watching a spectacular sunrise. The Club provides many amenities including; a heated swimming pool and jacuzzi, grilling area, boat/rv parking, an elevator and sheltered parking under the building. Residents enjoy private beach access via the community boardwalk. There is a separate private owners storage area on the ground floor. Just a short drive away are St. Joseph Peninsula State Park and Salinas Park, perfect for savoring both seaside and bayside wildlife. Take advantage of several nearby boat ramps for a day out on the water or acquire a beach permit to drive on the local beaches. You are conveniently located near downtown Port Saint Joe and Apalachicola for easy access to restaurants, shopping and entertainment. Call Today to schedule a showing!

197 Cape Pointe Dr Unit C1, Cape San Blas
128 Boardwalk Ave, Port St. Joe
$499,800
2 Beds ⋅ 2 Baths ⋅ 324803 MLS ⋅ Pelican Kiss Beach Cottage BLDG.
Welcome to this inviting 2 bedroom-2 bath beach cottage where coastal lifestyle meets effortless beach living. Ideal for both personal enjoyment & income potential, this home is thoughtfully designed for style, comfort & easy care. Tastefully decorated with new LVP flooring and updated kitchen cabinetry accented by stylish tiled finishes. The custom faux beam creates a coastal-chic focal point in the open living space, enhancing the airy feel of the high ceilings. Screened porches create multiple outdoor living areas, perfect for enjoying coastal breezes & taking in the vibrant sunset skies. Expansive deck spaces offer the ideal setting for hosting family & friends or unwinding after a day on the beach. Storage is abundant with two secure interior storage areas plus an additional ground level storage room: ideal for bikes, beach & fishing gear. Under house parking with dual driveways provide ample room for vehicles, golf carts & boat parking. After a short stroll to the community boardwalk, you'll have quick access to the wide, pet-friendly Gulf beach—perfect for shelling, fishing, long walks & laid-back beach days. When it's time to cool off, the heated saltwater community pool offers a refreshing retreat. Outdoor enthusiasts will love nearby Loggerhead Trail, an 8-mile paved path along Cape San Blas Road leading to St. Joseph Peninsula State Park, ideal for biking and walking. Salinas Park on the Bay side adds even more recreation with pickleball courts, playgrounds, pavilions, bayfront boardwalks, beach driving access & horseback riding along the Gulf. Enjoy live music & craft cocktails at Scallop Republic, boating & fishing at St. Joseph Peninsula State Park & the dining and boutique shopping of Port St. Joe just minutes away. Call for your private tour & LIVE THE BEACH LIFE!

128 Boardwalk Ave, Port St. Joe
198 Club Dr Unit 1c, Cape San Blas
$499,000
3 Beds ⋅ 2 Baths ⋅ 324656 MLS ⋅ Dunes Club 1c BLDG.
Discover a tranquil seaside retreat on Cape San Blas' South End, perfect for investors, vacationers, and retirees. This charming 3-bedroom, 2-bathroom unit features a bright open living area and a master bedroom offering serene relaxation. Accommodating up to 8 guests, it includes two additional guest bedrooms. This first-floor beachfront unit, accessible by stairs or elevator, is just steps away from the sun-soaked shore and community pool. Enjoy the covered deck with outdoor furniture or visit nearby Salinas Park for recreational activities. With cozy carpeted living spaces and durable tile in the kitchen and bathrooms, this residence balances comfort with easy maintenance. Offering two parking spaces, it represents a lifestyle choice that combines investment potential with personal enjoyment.

198 Club Dr Unit 1c, Cape San Blas
135 Parkside Cir, Cape San Blas
$369,000
3 Beds ⋅ 4 Baths ⋅ 322418 MLS ⋅ Dune Fox BLDG.
3BR/3.5BA townhome – Perfect vacation rental, second home or permanent home! Located in Barrier Dunes, on the North end of Cape San Blas, this unit overlooks the largest pond and is across the street from the playground. The ground level has an enclosed outdoor shower, fish cleaning station, storage and ample parking. The first level is spacious and comfortable and where you'll find your living room, dining area, kitchen and half bath. The living room has 2 sofas, laminate flooring, smart TV and access to the deck. The second level has two bedrooms, both with ensuite bathrooms, a laundry area, and linen closet. The third level is all primary bedroom and ensuite bath. You'll find two closets, a double vanity and deck overlooking the pond. There is also a separate split unit for this floor as well – keeping it perfectly cooled and heated. This property offers so much with it's size and location – A MUST SEE!!! Barrier Dunes is a gated community with amenities that include 2 swimming pools, tennis/pickle ball courts, 3 fishing ponds, clubhouse, playground, four beach accesses, paved roads and street lights.

135 Parkside Cir, Cape San Blas
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