509 8th Street, Port St Joe, FL 32456
No Named Subdivision · Gulf County
Key Facts
Description
Turnkey Investment Opportunity with Two Short-Term Rental Eligible Homes! Whether you're looking to expand your investment portfolio, own a vacation getaway with income potential, or enjoy multi-generational living, this unique property delivers. Situated on a generous 0.20-acre lot just a short golf cart ride from downtown, this offering includes a beautifully renovated 2BR/2BA main home (1,254 SF) and a separate 2BR/1BA accessory dwelling (660 SF)--both eligible for short-term rentals. Both homes have been thoughtfully updated and are offered completely furnished, making this a true turnkey opportunity. Recent improvements include a new metal roof, new flooring, updated interiors, modern kitchens, and refreshed bathrooms. The main home features an inviting covered front porch, an open-concept living area, abundant natural light, and a stylish kitchen with stone countertops, gray cabinetry, stainless appliances, and a center island perfect for entertaining. The detached accessory dwelling provides exceptional flexibility for guests, extended family, or additional rental income. A privacy fence separates the two residences, allowing each home to enjoy its own space. With multiple parking spaces, bay views from the road, and strong income-producing potential, this property is ideal for investors, second-home buyers, or owner-occupants who want to live in one home while generating income from the other. Rare opportunities like this don't come along often.
Property Information
Property Type
Residential
Sub-Type
Multi Family
Year Built
1965
Living Area
1,914 sq ft
Lot Size
0.20 acres
Lot Dimensions
50.0 ft x 170.0 ft
Days on Market
8
MLS® Listing#
792336
Property Features
Utilities
Sewer
Rooms
- 12 x 12First
- 14 x 14First
- 19 x 11First
- 5 x 5First
- 5 x 8First
- Bedroom10 x 12First
- Kitchen12 x 9First
Financial Details
HOA
None
Annual Taxes
$5,832
Tax year 2025
Parcel Number
04962-000R
Directions
From Hwy 98, left on Cecil G Costin Blvd, right on Long Ave, left on 8th St and home ill be on the left hand side.
Affordability Calculator
$93,000
Estimated monthly payment
$2,475/mo
Principal $372,000 · Est. interest $518,973 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Port St Joe, FL
- $399,957
- Median Listing Price
- 91
- Median Days on Market
- 1,660
- Median Sq Ft
- $230
- Median Price / Sq Ft
- 12,132
- Active Listings
- This home’s price is 16% above the area median.
- Its price per sq ft is 6% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Port St Joe, FL.
Location
Points of Interest in Port St Joe, FL
Showing the Port St Joe area map.
Nearby Schools
Faith Christian School
School · 0.9 mi away
Port St Joe Elementary School
Elementary · 1.2 mi away
Port St Joe High School
Secondary · 1.5 mi away
Gulf District Schools
Secondary · 1.6 mi away
Gulf County School
School · 1.7 mi away
Wewahitchka High School
Secondary · 18.3 mi away
Bay Community School
School · 19.0 mi away
Apalachicola Bay Charter School
Elementary · 19.5 mi away
First Baptist Christian School
School · 19.6 mi away
Wewahitchka Elementary School
Elementary · 21.4 mi away
Eastpoint Elementary School
Elementary · 25.8 mi away
Tyndall Elementary School
Elementary · 26.5 mi away
Callaway Elementary School
Elementary · 28.7 mi away
Parker Elementary School
Elementary · 28.9 mi away
Franklin County School
School · 29.0 mi away
Margaret K Lewis School
School · 30.6 mi away
Springfield Elementary School
Elementary · 30.6 mi away
Everitt Middle School
School · 30.7 mi away
The Learning Factory
School · 31.0 mi away
Rutherford High School
Secondary · 31.1 mi away
Commute Calculator
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|---|---|---|---|---|
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| 8904 PLANTERS LANE, NEW PORT RICHEY, FL | $326,700 | 3 | 2 | 2,330 |
| 7015 MORAVIAN DRIVE, PORT RICHEY, FL | $327,000 | 3 | 2 | 1,454 |
| 532 SW Indian Key Drive, Port St Lucie, FL | $327,000 | 3 | 2 | 1,370 |
Moving Cost Estimate
EXIT Agents in Port St Joe
Listing Courtesy: Coastal Realty Group - 8502277891