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118 Seagrass Cir, Port Saint Joe, FL, 32456

4beds
3baths
1,911sqft
$1,395,000
$730price/sqft
$9,156/moest. monthly cost
$366,240/yrincome needed

About This Home

Welcome to your slice of paradise in the highly sought-after gated Seagrass community on Cape San Blas—where permanent Gulf views, luxury outdoor living, and proven rental income come together seamlessly. This beautifully designed 4-bedroom, 3-bathroom first-tier home sits just steps from the beach and offers unobstructed ocean views—a rare and valuable feature for both personal enjoyment and long-term investment. Step inside to find a light-filled, coastal interior with warm hardwood floors and an open-concept layout designed for gathering. The main living area flows effortlessly into the kitchen and dining space, all positioned to capture stunning Gulf views. Multiple porches on every level invite you to soak in sunrises, sunsets, and salty breezes from every angle. Outside is where this property truly shines. The expansive fenced backyard is your private resort—complete with a large pool, hot tub, fire pit, and outdoor shower—perfect for entertaining guests or maximizing rental appeal. Designed with functionality in mind, the home also features a garage ideal for beach gear, bikes, kayaks, and all things coastal living, plus ample parking. Currently operating as a high-performing short-term rental with rave reviews, this home is being offered fully furnished and turn-key, making it a seamless investment opportunity or personal getaway. Whether you're looking for a profitable rental property, a second home, or a full-time coastal escape, this one checks every box.

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
55
BikeBikeable

Schools

4/10
4/10
Port St. Joe High SchoolGrades 7-127.7 mi

Construction

Condition

  • Property condition: Construction Complete
  • Year built: 2005

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Metal
  • Construction materials: HardiPlank Type,Wood Siding

Notable Dates

  • Major remodel year: 2018

Other

  • Builder name: Cox Builders

Type & Style

  • Home type: SingleFamily
  • Architectural style: Beach House
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Freezer,Microwave,Refrigerator w/Ice Maker
  • Laundry features: Washer/Dryer Hookup

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Breakfast Bar,Breakfast Nook,Walls Wainscoting
  • Window features: Double Pane Windows,Window Treatments
  • Flooring: Hardwood,Tile

Heating

  • Heating features: Has Heating (Unspecified Type)

Interior Area

  • Total structure area: 3,196
  • Total interior livable area: 1,911 sqft

Master Bathroom

  • Features: Double Vanity,Shower Only,Tile Counters

Master Bedroom

  • Features: Blinds

Property

Details

  • Parcel number: 06269818R
  • Zoning description: Residential Single Family
  • Special condition: As Is
  • Exclusions: Please check documents.

Features

  • Levels: 2
  • Stories: 2
  • Pool features: In Ground
  • Patio & porch: Covered Deck,Covered Patio,Covered Porch,Front Porch
  • Exterior features: Barbecue,See Remarks,Shallow Well,Outdoor Shower,Balcony
  • Has spa: Yes
  • Spa features: Hot Tub
  • Fencing: Back Yard,Full,Vinyl
  • Has water view: Yes
  • Water view: 1st Tier Gulf,Water

Lot

  • Lot size: 0.25 Acres
  • Features: Aerials/Topo Available,Coastal Barrier Zone,Coastal Setback,Covenants/Restrictions,Deeded Water Access,Subdivided,Survey Available,Within 1/2 Mile of Water,Landscaped,Sprinkler System
  • Lot size dimensions: IRR

Parking

  • Total spaces: 4
  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Coastal Flooding
Cold Wave
Inland Flooding
Strong Wind
Tornado
Wildfire
Tsunami

FEMA Declared Disasters in Gulf County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,053$84,636
Home Insurance *$612$7,344
Property Taxes $1,294$15,528
Electricity $197$2,366
Total$9,156$109,872
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$313,920/yr
40% on housing$274,680/yr
45% on housing$244,160/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.2%
12.2%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 14.7%
14.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$730This listing

vs Other Active Listings

Avg $/sqft

ZIP 32456$375
Gulf County$297

vs Homes Sold Last Month

Median $/sqft

ZIP 32456
Gulf County$240

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-30Listed for sale$1,595,000
2021-10-28Sold$1,275,000
2021-09-08Contingent$1,299,900
2021-08-06Price change$1,299,900
2021-07-19Listed for sale$1,350,000
2012-12-19Sold$512,000
2011-01-01Listing removed$349,000
2010-04-08Listed for sale$349,000
2010-03-30Sold$390,000
2010-02-14Price change$349,000
2010-01-30Listed for sale--
2005-08-11Sold$978,571
2004-06-14Sold$375,000
2004-02-12Sold$225,000

For Sale by Agent

AgentTaylor Wyatt
BrokerageBeach Realty of Cape San Blas, Inc. - Branch

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