Experience luxury coastal living in this beautifully appointed first-tier bay home overlooking the crystal-clear waters of St. Joseph Bay in the highly desirable North Cape San Blas community. This exceptional residence comfortably sleeps nine and offers three beds, two bedrooms, two full baths, upscale finishes, and convenient access to both the bay and the Gulf, making it an outstanding primary residence, vacation retreat, or investment property. Rental projections are between $65,000 - $80,000 for short term rentals. Inside, soaring vaulted ceilings and an open-concept design create a bright, spacious living area filled with natural light. Tile flooring extends throughout, while a beautiful gas fireplace provides the perfect gathering space after a day on the water. The gourmet kitchen features granite countertops, custom cabinetry, premium stainless steel appliances, a large pantry, and generous prep space for entertaining. The spacious primary suite opens directly onto a screened porch, creating a peaceful retreat to enjoy your morning coffee. The luxurious ensuite bath includes dual vanities and a beautifully tiled walk-in shower. The guest bedroom also offers direct access to the expansive outdoor living areas. Designed for the coastal lifestyle, the home boasts massive new front and rear decks that provide exceptional space for outdoor dining, entertaining, and taking in breathtaking sunsets over the bay. An outdoor shower makes cleanup after a day at the beach or on the boat effortless. Built on extra-tall pilings, the home offers abundant covered parking and storage for a boat, RV, multiple vehicles, and all your fishing and beach gear. Owners enjoy access to a PRIVATE COMMUNITY DOCK on St. Joseph Bay for boating, fishing, kayaking, and paddleboarding, while Gulf beach access is just a short walk away across the street from the entrance to the road to the property. Mature native vegetation provides outstanding privacy, and the home offers excellent rental potential. An additional roadside lot is also available for purchase.