198 Monarch Beach Dr, Cape San Blas, FL 32456

$2,599,000
6
BD
8
BA
3,533
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,599,000
Status
ACTIVE
MLS#
324511
Price Change
▼ $91,000 1777656550
Bedrooms
6
Bathrooms Total
8
Full Baths
6
Half Baths
2
Acres
0.17
Living Area
3,533
Region
Cape San Blas/S. Gulf
Subdivision
Cape San Blas-N

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&

Additional Information

Hoa Fee
$500
Hoa Term
Annually
Year Built
2023
Levels
Two
Exterior Features
Barbecue, See Remarks, Outdoor Shower
Interior Features
Beamed Ceilings, High Ceilings, Elevator, Storage, Kitchen Island, Lock Out, Other, Pantry, Walk-In Closet(s), Paneled Walls, Newly Painted
Parking Spaces
6

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Port Realty Group.