Pending

Listed by Jan Johnson

Source: Bay County Realtors Association #793287

241 Balboa St, Gulf County, FL, 32456

$499,000

2
1
912 sq. ft.
7405 sq. ft.

SingleFam

•

2 days on the market

What's around 241 Balboa St

About this property

***Under Contract Taking Backups*** 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 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!

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