Gulf County, FL — Florida's Forgotten Coast

MLS: 324511

198 Monarch Beach Dr Cape San Blas, FL 32456

$2,499,000
198 Monarch Beach Dr Cape San Blas, FL 32456
6 Bedrooms
6 Bathrooms
2 Half Bathrooms
3533 Sq Ft
2023 Year Built
Pool Private

Description

198 Monarch Beach is a standout first-tier coastal home offering a refined blend of design, comfort, and strong rental performance. Located in the X flood zone with private deeded beach access just steps away, this property is well suited for full-time living or as a high-performing vacation rental. Offered at $2,599,000 with $191,000 in confirmed 2026 bookings thus far, demonstrating immediate income with proven and repeatable performance. Custom designed with both guest experience and operational efficiency in mind, this home features 6 bedrooms, each with its own ensuite bath, along with 2 additional half baths, creating a layout that maximizes occupancy while maintaining privacy. A reverse floor plan elevates the main living area on the top level, capturing Gulf views from the living space and unobstructed bay views from the dining area, a rare and highly desirable combination. The open-concept design flows easily into a thoughtfully appointed kitchen featuring a wet bar, refrigerator drawers and ice machine, making it ideal for entertaining. The bunk suite is a standout feature, offering 8 built-in bunks, a dedicated lounge area with sectional seating and TV, and a private bath. Outdoor living is designed for both relaxation and enjoyment, with a gunite private pool, fire pit, spacious covered deck with lounge seating, a poolside bar with integrated tv and music entertainment, plus a convenient poolside half bath and private outdoor shower. The grounds are thoughtfully finished with palms, turf, and professional landscape lighting creating a clean, low-maintenance setting with a true resort feel. Furnishings are negotiable, offering flexibility for investors seeking a full turn-key rental or customized personal retreat. Meticulously maintained and professional positioned, this property stands out as a high preforming luxury coastal investment with immediate revenue . Please check out the matterport https://my.matterport.com/show/?m=NpByZ6WTCnR&

Property Details
MLS Number MLS# 324511
Property Type Detached Single Family
Status Active
Days on Market 9 months, 26 days
Year Built 2023
Lot Dimensions 48x150
Acreage 0.165
SQFT 3533
Stories 3
Construction HardiPlank Type
HOA Information: $500 / Annually Includes
Accounting
Insurance
Legal
Other
Interior
Beamed Ceilings
Raised Ceiling(s)
Drapery Rods
Elevator
Storage
Kitchen Island
Lock Out Closet
Other
Pantry
Plantation Shutters
Walk-In Closet(s)
Walls Paneled
Washer/Dryer Hookup
Window Treatment All
Woodwork Painted
Parking
Driveway
Under House With Pad
Vehicle Charging Station
Lot Access
Private Maintained Road
Highway
Utilities
Electricity Available
Internet Available
Propane
See Remarks
Sewer Connected
Water Connected
Directions

Go north 7.5 miles on C-30E (a/k/a Cape San Blas Road), turn left onto Monarch Beach Drive. Address is marked on home

Location Map
29.7149135, -85.3846274 : 198 Monarch Beach Dr, Cape San Blas, FL 32456