Back 241 Balboa St
Off Market

241 Balboa St

Gulf County FL 32456

2
1
912 sq. ft.
Single-Family
Last sold for $485,000
January Johnson LLCJanuary Johnson LLC, last sold this property on 28 August 2026 after 29 days on market.

Overview

Whether you're looking for a cozy primary residence by the beach, a relaxing vacation getaway, or a turnkey short-term rental investment, this charming 2-bedroom, 1-bath cottage offers the best of coastal living. Just a short stroll from the sugar-white sand, you'll love ending your days with gorgeous beach sunsets before heading home to unwind. The fully furnished home is move-in ready and ready to rent from day one. Inside, you'll find granite countertops, luxury vinyl plank flooring, a new HVAC system, ceiling fans throughout, and an updated kitchen with a GE gas range, LG Studio French door refrigerator, Frigidaire dishwasher, GE microwave, and double sinks. You will also enjoy a new washer and dryer, fresh paint in the bedrooms, and tinted windows to help reduce electric bills. The outdoor living space is sure to be a favorite gathering spot. Roast marshmallows or tell stories around the fire pit, watch the game on the outdoor TV, play corn hole, ping pong, or giant connect four, grill a tasty dinner, grab the pickleball paddles and cruise to the pickle courts, or relax in the comfortable seating area after a day at the beach. Don't feel like cooking? Walk to the local restaurant around the block. An outdoor shower and second toilet make cleaning up after sandy adventures easy, while the storage shed provides plenty of room for beach chairs, bikes, or even kayaks. This property has proven rental appeal with approximately 65% winter occupancy and 90-95% occupancy during peak season. With actual 2025 short-term rental income of $53,000 and projected income of $60,000+ annually, it's an excellent opportunity for investors while still being the perfect place to create your own beach memories. Come tour this cozy home today!

Features

2 bedrooms
1 bathroom
912 sq. ft. floor area
Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Gulf County over the last 12 months, the estimated median property value of 241 Balboa St is $391k.

Median value
$391k
Estimated value range
$185k - $690k
Median days on market
81
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Gulf County. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 241 Balboa St

2026
Sold
$485,000
28 Aug 2026 by January Johnson LLC
2024
Sold
$440,000
11 Dec 2024 by Nicole Majors, of BeMAJOR Team
2020
Sold
$235,000
02 Mar 2020 by Kaye Haddock, of BEACH PROPERTIES REAL ESTATE GROUP

Happy sellers in Gulf County

<50%
Less than 50% of sellers in Gulf County reported that their sale price either exceeded or met their price expectations.

Gulf County stands out as a desirable community for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Gulf County over the last 12 months.

Local market activity for 2 bedroom single-family properties in Gulf County

In the last 12 months, 13 two-bedroom single-family properties similar to 241 Balboa St, have been sold.

This represents a 40% increase in two-bedroom single-family properties sales when compared to the previous 12 months.

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