509 8th St Port Saint Joe, FL 32456
Estimated payment $3,297/month
Highlights
- Guest House
- Newly Painted Property
- Engineered Wood Flooring
- The property is located in a historic district
- Traditional Architecture
- Furnished
About This Home
OWNER FINANCING! This fully renovated 4-bedroom, 3-bath turnkey property offers an incredible opportunity for investors or anyone seeking a dynamic rental setup with a projected gross income of up to $40,000 annually. The home includes a private-entry ADU, iwth separate alley access, making it ideal for maximizing privacy and rental potential. Both units are fully furnished and were extensively updated in 2024, including a brand-new roof, HVAC system, plumbing, electrical, ceilings, walls, cabinetry, and beautiful granite countertops. The interiors feature stylish dcor and thoughtful upgrades throughout, creating warm, inviting, move-in ready spaces. The standout front porch has been completely redone with new lighting, ceiling fans, fresh paint, and screened-in comfort—perfect for relaxing or entertaining. Additional features like dedicated boat parking enhance its appeal for coastal living. With the ADU alone contributing an estimated $120,000 in value, this property is not only beautifully finished but also a powerful investment opportunity.
Listing Agent
Coastal Realty Group-CSB South Brokerage Email: 8502277770, officeadmin@coastalrealtycsb.com License #3017012 Listed on: 05/30/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,886
Year Built
- Built in 1965 | Remodeled
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 50 x 170
- Partially Fenced Property
- Zoning described as Historical,Residential Multi-Family
Home Design
- Traditional Architecture
- Southern Architecture
- Newly Painted Property
- Frame Construction
- Shingle Roof
- Metal Roof
Interior Spaces
- 1,254 Sq Ft Home
- Furnished
- Engineered Wood Flooring
Kitchen
- Breakfast Area or Nook
- Electric Oven
- Range Hood
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 4 Parking Spaces
- Driveway
- Guest Parking
- Open Parking
Location
- Flood Insurance May Be Required
- The property is located in a historic district
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Additional Features
- Covered Patio or Porch
- Guest House
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 04962000R
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 | $5,886 | $395,026 | $67,000 | $328,026 |
| 2023 | $2,042 | $131,373 | $60,000 | $71,373 |
| 2022 | $2,079 | $129,947 | $60,000 | $69,947 |
| 2021 | $1,677 | $100,873 | $32,000 | $68,873 |
| 2020 | $1,734 | $102,083 | $32,000 | $70,083 |
| 2019 | $1,245 | $72,524 | $30,000 | $42,524 |
| 2018 | $1,446 | $83,216 | $0 | $0 |
| 2017 | $202 | $37,124 | $0 | $0 |
| 2016 | $195 | $36,360 | $0 | $0 |
| 2015 | $194 | $36,107 | $0 | $0 |
| 2014 | $181 | $35,820 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2025 09/01/25 | Price Changed | $519,000 | -3.7% | $414 / Sq Ft |
| 05/30/2025 05/30/25 | For Sale | $539,000 | +15.4% | $430 / Sq Ft |
| 10/04/2023 10/04/23 | Sold | $467,000 | -4.5% | $372 / Sq Ft |
| 09/27/2023 09/27/23 | Price Changed | $489,000 | -2.0% | $390 / Sq Ft |
| 09/09/2023 09/09/23 | Price Changed | $499,000 | -2.0% | $398 / Sq Ft |
| 08/18/2023 08/18/23 | For Sale | $509,000 | +285.6% | $406 / Sq Ft |
| 05/28/2021 05/28/21 | Sold | $132,000 | -17.0% | $105 / Sq Ft |
| 05/08/2021 05/08/21 | Pending | -- | -- | -- |
| 05/07/2021 05/07/21 | For Sale | $159,000 | -- | $127 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $467,000 | None Listed On Document | |
| Warranty Deed | -- | Gotha Charles A | |
| Warranty Deed | $132,000 | Attorney | |
| Warranty Deed | $100,800 | Attorney | |
| Warranty Deed | $30,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $35,000 | No Value Available |
Source: Forgotten Coast REALTOR® Association
MLS Number: 322116
APN: 04962-000R
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Property information provided by the FCRA MLS – a service of the Forgotten Coast REALTOR® Association.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.
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