525 8th St Port Saint Joe, FL 32456
Estimated payment $2,552/month
Highlights
- No HOA
- Interior Lot
- Recessed Lighting
- In-Law or Guest Suite
- Living Room
- Tile Flooring
About This Home
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. HEART OF PORT ST. JOE RENTAL! Exceptional rental investment located just two blocks from the sparkling waters of St. Joe Bay in the heart of historic Port St. Joe waiting for your personal touch/upgrades. Built in 1950, this classic multi-family property has been thoughtfully arranged into three separate income-producing units, offering both versatility & long-term value for investors or those seeking flexible living options. The main home is configured as a duplex, with a spacious 3 bedroom/2 bath residence upstairs & a comfortable 2 bedroom/1 bath unit downstairs. Adding to its charm & popularity is a detached 1 bedroom/1 bath cottage with its own private alley entrance, providing an extra layer of privacy & appeal for tenants or guests. All three units are approved for both short-term & long-term rentals, giving you multiple income streams & the ability to adjust to market demand. With proven rental appeal, this property is equally suited for a full-scale investment strategy or for buyers who wish to live in one unit while renting out the others to offset expenses. Set on a compact, walkable lot in a neighborhood known for its historic charm & relaxed coastal lifestyle, 525 8th Street places you just minutes from Port St. Joe's downtown shops, restaurants, marina, & waterfront activities. Enjoy a location where tenants & guests can easily stroll to the bay, explore boutique shopping, or experience the small-town Gulf Coast atmosphere that makes Port St. Joe one of Florida's most sought-after coastal destinations. Whether you are seeking steady rental income, a vacation retreat with investment upside, or a flexible property to accommodate extended family, this offering delivers exceptional potential. Don't miss this opportunity to secure a rare multi-unit property in one of Florida's most inviting seaside communities. Call today to schedule your private tour & LIVE THE BEACH LIFE!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,623
Year Built
- Built in 1979
Lot Details
- 0.29 Acre Lot
- Lot Dimensions are 75 x 170
- Fenced
- Interior Lot
Parking
- Driveway
Home Design
- Duplex
- Wood Siding
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Recessed Lighting
- Living Room
- Dining Room
- Fire and Smoke Detector
Kitchen
- Microwave
- Dishwasher
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- In-Law or Guest Suite
- 4 Full Bathrooms
Schools
- Port St. Joe Elementary And Middle School
- Port St. Joe High School
Utilities
- Central Heating and Cooling System
- High Speed Internet
Community Details
- No Home Owners Association
- City Of Port St Joe 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 | $6,075 | $407,692 | $100,500 | $307,192 |
| 2023 | $6,253 | $402,313 | $90,000 | $312,313 |
| 2022 | $4,578 | $358,549 | $90,000 | $268,549 |
| 2021 | $3,211 | $195,555 | $48,000 | $147,555 |
| 2020 | $3,108 | $198,095 | $48,000 | $150,095 |
| 2019 | $2,718 | $158,356 | $45,000 | $113,356 |
| 2018 | $3,263 | $187,829 | $0 | $0 |
| 2017 | $2,235 | $152,090 | $0 | $0 |
| 2016 | $2,102 | $137,352 | $0 | $0 |
| 2015 | $1,730 | $94,361 | $0 | $0 |
| 2014 | -- | $95,400 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/18/2025 10/18/25 | For Sale | $379,900 | 0.0% | $155 / Sq Ft | |
| 10/06/2025 10/06/25 | Pending | -- | -- | -- | |
| 08/19/2025 08/19/25 | For Sale | $379,900 | -23.9% | $155 / Sq Ft | |
| 03/04/2022 03/04/22 | Sold | $499,000 | 0.0% | $233 / Sq Ft | View Prior Sale |
| 10/07/2021 10/07/21 | Pending | -- | -- | -- | |
| 10/07/2021 10/07/21 | For Sale | $499,000 | -- | $233 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $205,000 | Attorney | |
| Warranty Deed | $91,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $174,250 | Future Advance Clause Open End Mortgage |
Source: Central Panhandle Association of REALTORS®
MLS Number: 777861
APN: 04974-000R
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