Pending

Listed by January Johnson LLC

Source: Emerald Coast Association of Realtors #1008851

241 Balboa St, Gulf County, FL, 32456

$499,000

2
1
912 sq. ft.

SingleFam

•

1 day on the market

What's around 241 Balboa St

About this property

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!

Looking for more information on 241 Balboa St?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties for sale nearby

For Sale
$420,000
111 Ocean View Drive
Mexico Beach FL 32456
2
2
Single-Family
Listing courtesy of Coastal Realty Group
For Sale
$249,900
Avenue B
Port St. Joe FL 32456
2
1
Single-Family
Listing courtesy of EXP REALTY LLC
For Sale
$899,900
311 Bailey Lane
Mexico Beach FL 32456
2
2
Single-Family
Listing courtesy of Coastal Realty Group

Other properties for sale by January Johnson LLC

For Sale
$237,100
331 Maine Avenue
Panama City FL 32401
4
2
4
Single-Family
For Sale
$1,429,000
116 Riviera Dr
Laguna Beach FL 32413
4
5
2
Single-Family
For Sale
$419,000
231 Turtle Cove
Panama City Beach FL 32413
3
2
Single-Family

Browse properties sold in nearby areas

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent