Description
Welcome to 229 Balboa Street, a newly renovated 3-bedroom, 2.5-bathroom home located just 800 feet from the Gulf in St Joe Beach. This property sits on a rare 1/2-acre double lot, offering an exceptional amount of space and privacy that is incredibly hard to find this close to the water. The backyard is a private oasis featuring a brand-new, heated and cooled gunite pool with custom pavers and a convenient outdoor shower. The home comes completely turnkey, sold with high-end furniture included. It has also operated as a highly successful short-term rental, generating over $80,000 in gross revenue this year alone. A massive highlight is the detached 1,000 sq ft garage. It is already plumbed for a bathroom, making it perfect for an Accessory Dwelling Unit (ADU), guest house, or excellent storage for vehicles and boats. Saint Joe Beach is a golf cart community, making it easy to cruise around the neighborhood and head straight to the beach. Additionally, the home sits in an X500 flood zone, meaning most lenders do not require flood insurance. Whether you are looking for a profitable investment property or a spacious beachside retreat, this home is ready for its next owner.
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3BEDS
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0.52ACRES
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2BATHS
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11/2 BATHS
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1,528SQFT
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$523$/SQFT
School Ratings & Info
Description
Welcome to 229 Balboa Street, a newly renovated 3-bedroom, 2.5-bathroom home located just 800 feet from the Gulf in St Joe Beach. This property sits on a rare 1/2-acre double lot, offering an exceptional amount of space and privacy that is incredibly hard to find this close to the water. The backyard is a private oasis featuring a brand-new, heated and cooled gunite pool with custom pavers and a convenient outdoor shower. The home comes completely turnkey, sold with high-end furniture included. It has also operated as a highly successful short-term rental, generating over $80,000 in gross revenue this year alone. A massive highlight is the detached 1,000 sq ft garage. It is already plumbed for a bathroom, making it perfect for an Accessory Dwelling Unit (ADU), guest house, or excellent storage for vehicles and boats. Saint Joe Beach is a golf cart community, making it easy to cruise around the neighborhood and head straight to the beach. Additionally, the home sits in an X500 flood zone, meaning most lenders do not require flood insurance. Whether you are looking for a profitable investment property or a spacious beachside retreat, this home is ready for its next owner.
© 2026 Realtors Association of Franklin and Gulf Counties. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rish Real Estate Group. Data last updated: 2026-10-08T11:42:27.34.