Cape San Blas Multifamily Home for Sale

Cape San Blas is a charming Gulf Coast destination nestled into the southern edge of the Florida panhandle about 50 miles south of Panama City. Both full- and part-time residents enjoy exclusive access to the community’s beachfront and proximity to natural attractions that offer an array of outdoor activities. Cape San Blas offers a serene, secluded alternative to the buzzy coastal destinations for which Florida is known. “It’s a very special community,” says Julia Cunningham of Coastal Realty Group, a longtime resident who has sold more than 70 homes there. “They call us the Forgotten Coast because we are kind of the last place of our type. We don’t have any high rises; we have height and density restrictions. It’s sugary white sands, it’s boating, it’s scalloping. It’s more about nature.” Housing options are a mix of non-HOA single-family homes and homes in planned settings that cater to snowbirds and other vacationers. “It’s mostly second homes and rentals,” Cunningham says. “A lot of people will buy a home here with a plan to rent it for five years and then retire.” Given the community’s location on the water, multi-level Coastal homes with living quarters on the second and