292 Pebble Beach- Cape San BlasPrime Gulf-Front Lot - Builder Opportunity with Proven Rental ROI- NO HOAFor the builder or investor seeking a premier coastal project, this 0.89-acre gulf-front lot in Cape San Blas/Port St. Joe offers 70 feet of direct beachfront and an incredible opportunity to capitalize on strong rental demand. Current DEP build permits are already in place for 2 separate build plans, allowing for the maximum allowable home size--perfect for constructing a luxury beach home tailored for high-end vacation rentals.Surrounded by similar newly built properties generating upwards of $225,000 in annual rental income, this lot presents a compelling opportunity for a high-return investment. Located in the heart of Florida's Forgotten Coast, the property sits conveniently between Cape San Blas, Indian Pass, and Port St. Joe--giving future guests easy access to dining, recreation, and waterfront activities.The site's unique position adjacent to the Surfside Estates dune walkover easement ensures unobstructed, panoramic views of the pristine dunes and the shimmering Gulf of Mexico--elevating its value and appeal.Don't miss this rare chance to develop a premier beachfront home in one of the region's most desirable and scenic locations. Whether for resale or luxury vacation rental, this lot delivers the setting, size, and income potential savvy builders are looking for.
Sold for $799,000 on 06/10/25
$799,000
292 Pebble Beach Ave, Pt Saint Joe, FL 32456
--beds
--baths
0.9Acres
Unimproved Land
Built in ----
0.9 Acres Lot
$-- Zestimate®
$--/sqft
$2,432 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 14, 2025 at 02:20pm
Listed by:
Cheramie L Reeder 850-358-5435,
Robert Slack, LLC
Bought with:
Non Member
NON-MEMBER OFFICE
Source: CPAR,MLS#: 772197
Originating MLS: Central Panhandle Association of REALTORS

Facts & features
Property
Features
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Gulf, Shoreline - Sand, Shoreline - Natural, Deeded Access, Waterfront
Lot
- Size: 0.90 Acres
- Dimensions: 70 x 560
- Features: Waterfront
Details
- Parcel number: 06291001R
- Zoning description: Resid Single Family
Utilities & green energy
- Utilities for property: None
Community & neighborhood
Location
- Region: Pt Saint Joe
- Subdivision: No Named Subdivision
Other
Other facts
- Road surface type: Paved