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WELCOME TO 3875 CAPE SAN BLAS RD (UNIT B-3), KNOWN AS ''THE HIDDEN PEARL.'' Located in the highly sought-after North Cape area, this 3-bedroom, 2.5-bathroom townhome offers a rare dual-waterfront experience. Here, you are close enough to the water to wake up to breathtaking, vibrant sunrises over St. Joseph Bay and end your evenings watching spectacular, unobstructed sunsets dip into the Gulf. Whether you are looking for a private seaside retreat or a lucrative, turn-key addition to your portfolio, this 1,512-square-foot (2,624 sqft total) furnished beach townhome delivers the ultimate coastal lifestyle! FOR ANYONE WATCHING THE CAPE, THE MONUMENTAL 2026 BEACH NOURISHMENT PROJECT IS A GAME-CHANGER. Learn more about the Beach Project here: www.sjpbeach.com/sjpstructures.html Roughly 830,000 cubic yards of fresh, pristine sand has already been successfully placed along the shoreline just north of Stumphole, and crews are staging the rock for the final phase: eight strategically placed, submerged breakwaters. These innovative, nature-based structures are designed to hold the new sand on the beach much longer, absorb wave energy, and drastically slow natural erosion, actively protecting the coastline and cementing the long-term value of your investment on the Forgotten Coast. These rocks have been moved! THE LIFESTYLE ON THE CAPE IS UNMATCHED, OFFERING A PERFECT BLEND OF OLD FLORIDA TRANQUILITY AND OUTDOOR ADVENTURE. Spend your late summers snorkeling and scalloping in the shallow waters of the bay, or explore the nearby state parks renowned for their diverse wildlife, sea turtle nesting, and towering dunes. When you are ready to venture out, you are just a short, scenic drive from the historic charm of Port St. Joe, Windmark, and the beautiful coast of Mexico Beach. Spend afternoons strolling under coastal oaks, browsing the boutique shops along Reid Street, and capping off the evening with world-class local seafood at staples like Hunt's Oyster Bar. SOLD FULLY FURNISHED, THE HOME'S LAYOUT IS PERFECTLY OPTIMIZED FOR ENTERTAINING AND RELAXATION. The spacious, open-concept living area on the main level flows seamlessly onto a large screened-in porch, creating the perfect spot to enjoy the coastal breeze. The fully stocked kitchen boasts fantastic bay views, plenty of prep space, and a convenient breakfast bar, while a large dining table and a half-bath complete this main entertaining floor. THE TOP FLOOR IS DEDICATED TO REST, FEATURING A MASTER SUITE WITH A KING-SIZE BED, A PRIVATE EN-SUITE BATHROOM, AND ACCESS TO A PRIVATE, OPEN SUNDECK. This vantage point offers some of the most stunning, elevated views of the Gulf that you will ever find, allowing you to drift to sleep listening to the sound of crashing waves. Down the hall, the Bayside bedroom offers a queen bed and its own private balcony overlooking the calm waters of the St. Joe Bay, while the third bedroom features a versatile duo bunk (double bottom, twin top) to easily accommodate guests. These two rooms share a full hallway bathroom, and covered under-house parking provides ample space for your vehicle. AS A TURN-KEY PROPERTY CURRENTLY THRIVING, ''THE HIDDEN PEARL'' BOASTS A PROVEN, HIGHLY CONSISTENT REVENUE HISTORY. Generating $76,000 in gross rental income in 2022 and $46,275 in 2023, the strong performance continued with $56,226 across 220 booked nights in 2024, and $52,678 over 208 booked nights in 2025. For the 2026 season year-to-date through mid-June, the home has already secured $27,143 across 100 nights. This is as close as you can get to the beach without the beachfront price tag, representing a seamless blend of personal enjoyment and reliable passive income, with all the modern upgrades!
#791340

Cape San Blas

3875 Cape San Blas Road B3

3 Beds

2 Baths

1,512 Sq.Ft.

$650,000

MLS#: 791340

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFER Call your favorite realtor to check out this updated home offering flexible living space and a functional layout on a spacious lot. As you enter, you're greeted by a large front room currently used as a primary bedroom, but it could easily serve as a second living area, bonus room, or home office. The home flows into a bright kitchen featuring updated cabinetry, ample counter space, and a clean, modern feel. Down the hall, you'll find two additional bedrooms creating a practical separation between living and sleeping areas. Outside, the property offers a generous lot with room to spread out, along with a rear deck perfect for enjoying peaceful evenings. *Images may include digital enhancements or staging.
#787890

Altha

15550 NW Broad Street

2 Beds

1 Baths

1,016 Sq.Ft.

$120,000

MLS#: 787890

PRICE IMPROVEMENT just in time for High Season, with $15k in upcoming bookings! Yes, the balcony construction is complete, and this condo is fully move-in and rental-ready -- making this an exceptional opportunity at Shores of Panama. This beautifully updated 1BR + Bunk, 2BA Gulf-view unit comfortably sleeps 6 and is being sold fully furnished. Interior features include a modern kitchen with like-new appliances, a premium mattress in the primary bedroom, and custom-built, adult-rated bunk beds with beach mural and sliding barn door. Quality furnishings throughout were selected for durability and strong rental performance. Reserved parking space and a private same-floor storage unit with shelving are both prepaid through 2026 -- a valuable added benefit for owners and guests. Shores of Panama offers a 14,000+ sq ft lagoon-style pool, heated indoor pool, indoor/outdoor hot tubs, sauna, tiki bars, fitness center, and on-site coffee shop. The resort's major exterior improvements are well underway, positioning it ahead of many properties still facing upcoming state-mandated work. With construction complete on this stack and pricing strategically repositioned, this condo presents a timely opportunity for buyers seeking income potential and personal enjoyment in one of Panama City Beach's premier Gulf-front resorts. Additional details available in Documents. Buyers to verify all information if important.
#770443

Panama City

9900 S Thomas Drive 2008

1 Beds

2 Baths

864 Sq.Ft.

$284,900

MLS#: 770443

Gulf-front investment opportunity in Panama City Beach! This studio condo at 4715 Thomas Drive E-2 offers direct beach access and short-term rental potential in one of Florida's top vacation markets. Ideal for Airbnb or a personal getaway that generates income, with similar units producing ~$20K-$35K+ annually depending on usage and management. Located on the quieter east end near St. Andrews State Park, yet close to dining and attractions. Affordable beachfront ownership with strong upside--don't miss it!
#786118

Panama City Beach

4715 Thomas Drive E-2

None Beds

1 Baths

450 Sq.Ft.

$220,000

MLS#: 786118

Own Your Piece of Florida's Forgotten Coast. Discover a rare opportunity to purchase a ready to pull in, RV Approved Lot totaling .26 acres here in beautiful Gulf County, Florida. Located just 4 miles from white-sand beaches, world-class fishing, boating, and the laid-back charm of both Mexico Beach and Saint Joe Beach. This improved lot is ideal for Full-time RV living, vacation getaways, and rental income opportunities. The lot has been meticulously finished to include a 40x60 Pole Barn, 6 inch concrete pad, 100 amp service with both 50 amp and 30 amp hookups, brand new septic system, and city water. Located within a mile of the Overstreet Boat Ramp, you can launch your boat onto the Intracoastal Waterway within minutes. Don't miss this opportunity to purchase completed RV Approved lot. *Neighboring parcel is also available as a combined package, see MLS # 789921 for details.*
#789923

Port St Joe

824 S Long Street

None Beds

None Baths

0.26 acres

$179,900

MLS#: 789923

Own Your Piece of Florida's Forgotten Coast. Discover a rare opportunity to purchase a ready to pull in, RV Approved Lot totaling .26 acres here in beautiful Gulf County, Florida. Located just 4 miles from white-sand beaches, world-class fishing, boating, and the laid-back charm of both Mexico Beach and Saint Joe Beach. This improved lot is ideal for Full-time RV living, vacation getaways, and rental income opportunities. The lot has been meticulously finished to include a 40x60 Pole Barn, 6 inch concrete pad, 100 amp service with both 50 amp and 30 amp hookups, brand new septic system, and city water. Located within a mile of the Overstreet Boat Ramp, you can launch your boat onto the Intracoastal Waterway within minutes. Don't miss this opportunity to purchase completed RV Approved lot. *Neighboring parcel is also available as a combined package, see MLS #789923 for details.*
#789921

Port St Joe

808 S Long Street

None Beds

None Baths

0.26 acres

$179,900

MLS#: 789921

1 Bed, 1 Bath, 540sf - Only $850/month with pay on time discounts! Onsite Laundry and Pets Welcome! Clean. Convenient. Affordable. This cozy 1-bedroom is perfect for easy living in a prime Tallahassee location. Whether you're just starting out or need a fresh space, Mission West has you covered.
#776301

Tallahassee

2651 Vista Rise #2540 A

1 Beds

1 Baths

540 Sq.Ft.

$850

MLS#: 776301

This exceptional vacant homesite presents a rare opportunity for investors, builders, and buyers looking to create a custom coastal property. Comprised of multiple parcels, the property offers added flexibility for future development, allowing buyers to explore a variety of building possibilities depending on their vision and local zoning requirements. Located just a short walk from the beach, the property combines an unbeatable coastal lifestyle with outstanding long-term investment potential. The surrounding area continues to experience significant growth, including the upcoming grocery store at the intersection of Highway 98 and 32nd Street, bringing even greater convenience and value to future homeowners. Whether you're planning a luxury beach retreat, primary residence, vacation home, or investment project, this unique multi-parcel offering provides the space, flexibility, and location to bring your vision to life in one of the Florida Panhandle's most desirable coastal markets.
#792619

Mexico Beach

106 N 32nd Street

None Beds

None Baths

0.72 acres

$950,000

MLS#: 792619

Welcome to Sandy Creek Air Park, a gated pilot's paradise. We offer underground utilities with public sewer and water. The lot is over 3/4 acre, big enough to build your custom dream home with a private hangar. The Sandy Creek Airpark Owners Association maintains the runway, airpark roads and taxiways, and common areas. The paved runway is 3300 feet with lights and a beacon for nighttime flying. The FAA airport designator is 75FL located on the New Orleans sectional chart. There is even a public access boat ramp located just two miles away, offering unlimited recreational opportunities. Please contact the listing agent or your favorite realtor to view this property.
#793496

Panama City

12821 Airway Street

None Beds

None Baths

0.79 acres

$43,000

MLS#: 793496

The Walsh floorplan offers a total 4 bedrooms and 2 baths with a nice size covered patio, HUGE walk-in closet in Owner's Suite and large dining nook at a very spacious 1845 square feet. Features in the home include (but are not limited to) 2 car garage, beautiful open kitchen with upgraded quartz countertops, white shaker style cabinets, and stainless steel appliances. Owner's Bath includes large TILED walk-in shower, double vanity and large walk-in closet. Large closets in secondary bedrooms as well. Please note this home is under construction. Floorplan layout and elevation rendering in photos section are for reference only. Actual colors, finishes, options, and layout may vary.
#792535

Panama City

3853 Alwyn Cashe Avenue 38

4 Beds

2 Baths

1,845 Sq.Ft.

$309,990

MLS#: 792535

Gorgeous 4 bedroom/ 2 bathroom BRICK, split floor-plan home conveniently located just off Hwy 231 minutes to Tyndall AFB, Dining, Shopping & More! This Gary Morgan build showcases a spacious covered front porch with beautiful landscaping, fenced backyard, and covered back porch. Interior showcases luxury vinyl plank flooring and crown molding throughout all common areas and master suite. Foyer leads to an open-concept living room featuring a tray ceiling with recessed lighting, and electric fireplace with stone accents. Living room flows seamlessly into the kitchen featuring a breakfast bar, eat-in dining area, granite countertops, shaker style cabinetry, stainless steel appliances including a double oven, pantry, and laundry room access. Master bedroom and en-suite sit just off the kitchen featuring a tray ceiling, granite countertops, double vanity's, soaker tub, separate tiled shower, and walk- in closet. Secondary bedrooms feature carpet flooring, and share a full guest bathroom; featuring double vanity's and shower/tub combo. Call to schedule your private showing today!
#791227

Panama City

3580 Cedar Park Drive

4 Beds

2 Baths

1,867 Sq.Ft.

$2,500

MLS#: 791227

Welcome to 16069 Bob Ellis Road, a serene and spacious 3-bedroom, 2-bathroom single-family home nestled on 3.5 acres of peaceful countryside in the Fort Braden area of Tallahassee. Built in 1973, this 1,152 sq ft home offers the perfect blend of rustic charm and modern comfort—ideal for those seeking privacy, space, and a connection to nature. Exterior Features: • 3.5-acre lot with mature trees and open space • 10' x 20' screened front porch—perfect for morning coffee or evening relaxation • Wheelchair-accessible ramp for added convenience • Full yard fencing—ideal for pets, gardening, or play • Carport parking- two 18x20 metal carports • Ample outdoor storage space- one large pole barn and one 12x24 enclosed metal shed Interior Features: • 3 Bedrooms | 2 Full Bathrooms • 1,152 sq ft of living space • Cozy carpet and oak hardwood flooring • Central air conditioning for year-round comfort • Fully equipped kitchen with dishwasher, refrigerator, microwave, range/oven. Enjoy the tranquility of rural living with plenty of room to roam, garden, or even expand. The vinyl siding and shingle roof offer low-maintenance durability, while the expansive lot provides endless possibilities—from hobby farming to outdoor entertaining. Whether you're a first-time buyer, downsizing, or looking for a peaceful retreat, this property is a rare find in today's market. Please note all measurements are estimates and should be verified by buyer, if important.
#779716

Tallahassee

16069 Bob Ellis Rd Road

3 Beds

2 Baths

1,152 Sq.Ft.

$198,500

MLS#: 779716

Waterfront development of Landward Townhomes situated on Grand Lagoon offers for rent this attractive 2 bedroom/ 1.5 bath 1200 sqft end unit built in 1985. Located along popular N. Lagoon Drive. Come and experience wonderful lagoon views! Close to restaurants, shopping and schools. Boaters will love this place! You have access to the entire gulf! Community features a large neighborhood pool with bathroom facilities and a great pool deck with a view of the lagoon. But the perks don't stop there. Enjoy the convenience of a complimentary dumpster service and a credit towards basic cable, ensuring both comfort and ease in your everyday life. And for those with a penchant for maritime adventures, revel in exclusive access to the Gulf of America. After a day on the water, unwind in style at the community swimming pool, surrounded by lush landscaping and tranquil views. This is more than just a home; it's a lifestyle--a perfect blend of luxury, convenience, and coastal charm.
#755663

Panama City Beach

8623 N Lagoon Drive B10

2 Beds

1 Baths

1,200 Sq.Ft.

$1,950

MLS#: 755663

Entered for comp purposes.
#793504

Inlet Beach

245 Pompano Street

4 Beds

4 Baths

4,232 Sq.Ft.

$8,500,000

MLS#: 793504

Positioned along one of Panama City Beach's primary retail corridors, this +/-1,980 SF space offers outstanding visibility and direct frontage (+/-270') on Panama City Beach Parkway (US Hwy 98), with traffic counts exceeding 45,000 vehicles per day. The site provides excellent access, strong signage opportunities, and consistent daily exposure to both local residents and tourist traffic. The property benefits from a well-established nearby retail trade area with national brands including Publix, Home Depot, Chick-fil-A, and Starbucks. Continued growth in the immediate vicinity is driven by high-traffic destinations such as Publix Sports Park, HCA Florida Emergency Care, and the 35,000 SF Duplin Winery, all located within one mile and contributing to steady year-round consumer activity. Additional residential density from the newly constructed 300-unit Sea Sound Apartments and the expansive Breakfast Point East subdivision (approximately 930 homes) further enhances the customer and workforce base. Located less than five minutes from NSA Panama City, Port Panama City, and a concentration of defense and government contractors, the property benefits from a consistent daytime workforce in addition to nearby residential growth. The location supports a range of retail and service-oriented uses with strong visibility and access along Panama City Beach Parkway. +/-1,980 SF Flex Space Prime frontage (+/-270') on Panama City Beach Pkwy (US Hwy 98) High visibility with 45,000+ vehicles per day Less than 5 minutes to NSA Panama City and Port Panama City Proximity to major defense contractors and employment hubs Surrounded by national retailers including Publix, Home Depot, Chick-fil-A, and Starbucks Within one mile of Publix Sports Park, HCA Florida Emergency Care, and Duplin Winery Strong residential growth nearby with Sea Sound Apartments (300 units), Breakfast Point East (930 homes) and Glades (450 homes) Ideal for retail, engineering firms, flex industrial, or defense contractor users
#788529

Panama City Beach

9210 Panama City Beach Parkway A

None Beds

None Baths

10,080 Sq.Ft.

$2,475

MLS#: 788529

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* Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please review our DMCA policy and learn how to submit a takedown request. © 2024. First Multiple Listing Service, Inc.

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