Address
198 Monarch Beach Dr, Cape San Blas, FL
Price
$ 2,499,000
Property Attributes
- MLS#324511
- TypeSingle Family
- Listing Status Active
- CountyGulf
- CityCape San Blas
- AreaCape San Blas-S. Gulf
- NeighborhoodMonarch Beach
- Zip32456
- StyleBeach House, Custom, Florida
- Year Built2023
- Taxes$ 18235
- Price$ 2,499,000
- Bedrooms6
- Full Bathrooms6
- Half Bathrooms2
- Sqr Footage3533
- Lot Size0.1653 Acres
Data Source:
Forgotten Coast REALTOR® Association
Property 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&
| Price History | |
|---|---|
| 2/4/2026 | Listed $2,690,000 |
| 5/1/2026 | 3$2,599,000 |
| 8/26/2026 | 4$2,499,000 |
General Features
| Sewer | Community Sewer |
|---|---|
| Heating | Heat Pump,Multi Units |
| Cooling | Heat Pump,Multi Units,Ceiling Fan(s) |
| Utilities | Electricity Available,Internet Available,Propane,See Remarks,Sewer Connected,Water Connected,County Trash |
| Possession | Close Of Escrow,Immediate |
| Roof | Metal |
| Appliances | Dryer,Washer,Dishwasher,Disposal,Ice Maker,Microwave,Range Hood,Refrigerator,Refrigerator w/Ice Maker,Gas Oven,Gas Water Heater,Tankless Water Heater,Wine Refrigerator |
| HOA Fee | 500 |
| Association Fee Includes | Accounting,Insurance,Legal,Other |
| Patio/Porch Features | Covered Deck,Covered Patio,Deck |
| Architectural Style | Beach House,Custom,Florida |
| Pool Features | In Ground,Gunite |
| Construction Materials | HardiPlank Type |
| Exclusions | See Attached List in Documents |
| Year Built | 2023 |
| View | Water,1st Tier Gulf,Gulf |
| Stories Count | 3 |
| Levels | 2 |
| Property Subtype | Detached Single Family |
| Tax Year | 2025 |
| Gross Income | 208000 |
| Community Features | Beach,Deed Restrictions |
| Building Name | A Tier Above |
| Assoc Fee Paid Per | Annually |
| Property Type | Residential |
| HOA | true |
| Attached Garage | false |
| Subdivision Name | Monarch Beach |
| Garage Y/N | false |
| Green Indoor Air Quality | Ventilation |
| Full Baths | 6 |
| Status | Active |
| 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 |
| City | Cape San Blas |
| Zoning Description | Residential Single Family |
| MLS Area | Cape San Blas/S. Gulf |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 7200 |
| Carport Y/N | false |
| Tax Annual Amount | 18235.76 |
| Property Condition | Construction Complete |
| Ok to Lease | Short Term Lease |
| MLS Area Minor | Cape San Blas-N |
| Additional Parcels Y/N | false |
| Concessions | No |
| Virtual Tour | https://media.frontdoorphoto.com/videos/019a6051-7d32-7381-8d63-ce626b44478f |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Builder Name | F&B Builders |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Legal Description | MONARCH BEACH SUB PB 8 PGE 1 LOT 7 ORB 661/941 FR RC SAN BLAS LLC MAP 18C |
| LeasableAreaUnits | Square Feet |
| Year Built Effective | 2023 |
Interior Features
| Interior Amenities | Beamed Ceilings,High Ceilings,Elevator,Storage,Kitchen Island,Lock Out Closet,Other,Pantry,Walk-In Closet(s),Walls Paneled,Woodwork Painted |
|---|---|
| Flooring | Luxury Vinyl |
| Furnished Y/N | Negotiable |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Drapery Rods,Plantation Shutters,Window Treatments,Double Pane Windows |
| Fireplace Y/N | false |
| Half Baths | 2 |
| Laundry Features | Washer/Dryer Hookup |
| Total Bedrooms | 6 |
| Total Baths | 8 |
| Primary Bathroom Features | Double Vanity |
| Primary Bedroom Features | Drapes |
Exterior Features
| Exterior Amenities | Barbecue,See Remarks,Outdoor Shower |
|---|---|
| Fencing | Other |
| Parking Features | Driveway,Under House With Pad,Electric Vehicle Charging Station(s) |
| Lot Features | Landscaped,Covenants/Restrictions,Dedicated Beach,Deeded Water Access,Subdivided,Survey Available,Within 1/2 Mile of Water |
| Water Source | Public |
| Total Parking | 6 |
| Lot Size Area | 7200 |
| Foundation Details | Concrete Perimeter,Pilings |
| Building Area Total | 4200 |
| Lot Dimensions | 48 x 150 |
| Lot Size Acres | 0.1653 |
| Waterfront Y/N | false |
| Door Features | Insulated Door(s) |
| Road Frontage Type | Highway |
| Road Responsibility | Private Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32456
Price
Taxes
Year Built
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
