
121 Gulf Terrace Ln Port St. Joe, FL 32456
Saint Joe Beach NeighborhoodEstimated payment $2,734/month
Highlights
- Coastal Architecture
- No HOA
- Oversized Parking
- Furnished
- Porch
- Patio
About This Home
***INVESTOR ALERT -WILL ENTERTAIN ALL OFFERS $2000 Seller Concession to Closing Costs *** Welcome to 121 Gulf Terrace Ln. This property, currently a vacation rental, earning $59,500 gross in 2024 and $62,000 gross in 2023, both years over 70% occupancy.It offers ample parking and is conveniently located just 12 minutes from Port St. Joe, 10 minutes from Mexico Beach, and 30 minutes from Cape San Blas.The home is within walking distance of St. Joe Beach, known for its clean, sugar-white sand and dog-friendly environment. Situated on a quarter-acre lot, the property features a fenced backyard that could accommodate additions such as a pool or pickleball court.Inside, the home has vaulted ceilings in the living area and an open kitchen with granite countertops and ample cabinetry. The floor plan includes two bedrooms separated by a guest bathroom equipped with a shower/tub combo, granite sink, and storage closet. The guest bedroom is positioned at the front of the house, while the master bedroom, located to the right of the guest bathroom, includes western-facing windows and an en-suite bathroom with dual granite sinks, tiled flooring, and a spacious shower.The property is equipped with a Rheem Performance instant water heater and a Carrier A/C unit. The kitchen features matching GE appliances, and a Frigidaire washer and dryer are included.This home offers practical features for both potential homeowners and investors. The surrounding low-density neighborhood provides a peaceful setting, reflecting the natural appeal of Gulf County.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,234
Year Built
- Built in 2019
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 52x108
Home Design
- Coastal Architecture
- Slab Foundation
- Shingle Roof
- Composition Roof
- Wood Siding
Interior Spaces
- 1,008 Sq Ft Home
- Furnished
- Recessed Lighting
- Living Room
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- Oversized Parking
- Driveway
Outdoor Features
- Patio
- Porch
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- Highland View Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $4,234 | $358,522 | $90,000 | $268,522 |
2023 | $4,267 | $342,685 | $70,000 | $272,685 |
2022 | $2,524 | $195,549 | $57,000 | $138,549 |
2021 | $2,518 | $186,028 | $50,000 | $136,028 |
2020 | $2,482 | $178,659 | $50,000 | $128,659 |
2019 | $481 | $40,000 | $40,000 | $0 |
2018 | $389 | $28,000 | $0 | $0 |
2017 | $371 | $28,000 | $0 | $0 |
2016 | $362 | $27,000 | $0 | $0 |
2015 | $305 | $20,000 | $0 | $0 |
2014 | $287 | $20,000 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/13/2025 07/13/25 | Price Changed | $435,000 | -1.1% | $432 / Sq Ft |
06/01/2025 06/01/25 | Price Changed | $440,000 | -3.8% | $437 / Sq Ft |
05/12/2025 05/12/25 | Price Changed | $457,500 | -0.1% | $454 / Sq Ft |
04/28/2025 04/28/25 | Price Changed | $458,000 | -0.4% | $454 / Sq Ft |
04/03/2025 04/03/25 | Price Changed | $460,000 | -0.4% | $456 / Sq Ft |
03/24/2025 03/24/25 | Price Changed | $462,000 | -0.6% | $458 / Sq Ft |
02/25/2025 02/25/25 | Price Changed | $465,000 | -1.1% | $461 / Sq Ft |
01/20/2025 01/20/25 | For Sale | $470,000 | +12.7% | $466 / Sq Ft |
05/25/2022 05/25/22 | Sold | $417,000 | +1.7% | $414 / Sq Ft |
04/24/2022 04/24/22 | Pending | -- | -- | -- |
04/21/2022 04/21/22 | For Sale | $409,900 | +78.2% | $407 / Sq Ft |
07/31/2020 07/31/20 | Sold | $230,000 | -11.2% | $233 / Sq Ft |
05/26/2020 05/26/20 | Pending | -- | -- | -- |
10/03/2019 10/03/19 | For Sale | $259,000 | -- | $262 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $417,000 | Rish & Gibson Pa | |
Warranty Deed | $230,000 | Attorney | |
Warranty Deed | $90,000 | Attorney | |
Warranty Deed | $25,000 | Attorney | |
Warranty Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $375,300 | New Conventional | |
Previous Owner | $207,000 | New Conventional | |
Previous Owner | $207,000 | New Conventional | |
Previous Owner | $45,000 | New Conventional | |
Previous Owner | $150,000 | Unknown |
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Source: Central Panhandle Association of REALTORS®
MLS Number: 767502

APN: 03816-705R
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