$2,599,000

Single Family Residence In Cape San Blas

  • 6 Beds
  • 8 Baths
  • 3,533 Sqft
  • 7,188 Sqft lot
  • Updated: July 18
  • Source:
    Forgotten Coast (REALTOR Association of Franklin & Gulf Counties)  MLS#324511

About the Property

198 Monarch Beach is a standout first-tier coastal home offering a refined blend of design, comfort, and strong rental performance. Located in the X flood zone with private deeded beach access just steps away, this property is well suited for full-time living or as a high-performing vacation rental. Offered at $2,599,000 with $191,000 in confirmed 2026 bookings thus far, demonstrating immediate in
198 Monarch Beach is a standout first-tier coastal home offering a refined blend of design, comfort, and strong rental performance. Located in the X flood zone with private deeded beach access just steps away, this property is well suited for full-time living or as a high-performing vacation rental. Offered at $2,599,000 with $191,000 in confirmed 2026 bookings thus far, demonstrating immediate income with proven and repeatable performance. Custom designed with both guest experience and operational efficiency in mind, this home features 6 bedrooms, each with its own ensuite bath, along with 2 additional half baths, creating a layout that maximizes occupancy while maintaining privacy. A reverse floor plan elevates the main living area on the top level, capturing Gulf views from the living space and unobstructed bay views from the dining area, a rare and highly desirable combination. The open-concept design flows easily into a thoughtfully appointed kitchen featuring a wet bar, refrigerator drawers and ice machine, making it ideal for entertaining. The bunk suite is a standout feature, offering 8 built-in bunks, a dedicated lounge area with sectional seating and TV, and a private bath. Outdoor living is designed for both relaxation and enjoyment, with a gunite private pool, fire pit, spacious covered deck with lounge seating, a poolside bar with integrated tv and music entertainment, plus a convenient poolside half bath and private outdoor shower. The grounds are thoughtfully finished with palms, turf, and professional landscape lighting creating a clean, low-maintenance setting with a true resort feel. Furnishings are negotiable, offering flexibility for investors seeking a full turn-key rental or customized personal retreat. Meticulously maintained and professional positioned, this property stands out as a high preforming luxury coastal investment with immediate revenue . Please check out the matterport [hidden information]
  • Property type

    House

  • Floors

    3

  • Year built

    2023

  • Price/sqft

    $735

Features

  • Pool
  • Walk In Closet
  • Elevator
  • Fire Pit
  • Privacy
  • Investment Property
  • Kitchen island
  • Bar
  • Coastal

Explore the Area

198 Monarch Beach Dr, Port St. Joe, Florida, United States View on Google Maps
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Port Realty Group - Port St. Joe

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Port Realty Group - Port St. Joe
Florida, United States
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10
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2026
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Port Realty Group - Port St. Joe
Port St. Joe, Florida, United States
View agency profile
Last updated
July 18
First listed
Feb 7
Listing reference
324511
Listing status
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