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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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241 Balboa St , Port St Joe, FL 32456
$499,000
Est. Payment: $2,530.57/mo
2 Bed
1 Bath
912 Sqft
Status: active with contingency | Days on site: 1
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

***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!

Highlights

Listed by January Johnson , 850-691-9851 EXP Realty LLC , 888-883-8509. Bay County Association of REALTORS

Property Type

Residential

Lot/Acreage
0.17

Year Built

1982

County

Gulf

Area

07 - Gulf County

Neighborhood

No Named Subdivision

Listing ID

793287

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Washer/Dryer Stacked, Gas Range
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:

Exterior Features

Lot Dimensions:50.0 ft x 150.0 ft
Zoning:Resid Single Family
Roof:Metal
Others:
  • Additional:Deck, Fire Pit
Principal Interest
$2,531
Taxes
$350

Home Price

$499,000

Loan Details

30 yrs
6.528%

Down Payment

20%
$99,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,530.57

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,530.57 $349.89 $0.00 $2,880.46
Yearly $30,366.85 $4,198.65 $0.00 $34,565.50
Total $911,005.56 $125,959.50 $0.00 $1,036,965.06

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Port St Joe, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:33:19.000Z

© 2026 Bay County Association of REALTORS