Gulf Front investment opportunity in highly desirable North Cape

swipe instructions
Tap to see more photos

Home Active Under Contract

186 Sugar Loaf Ln

Cape San Blas, Florida 32456

Waterfront: Yes

Community: San Blas Estates

map
$1,575,000 4 br, 4.0 bath 3176 sq. ft. 0.298 acres

Gulf Front investment opportunity in highly desirable North Cape with strong income production and low-maintenance ownership. This well-maintained 4-bedroom, 3.5-bath waterfront home offers breathtaking Gulf views, a private setting, and a proven rental history making this a true turnkey investment. Recent upgrades provide worry-free ownership, including two HVAC units with replaced ductwork and protective encasements (2022), new foam insulation in the attic for improved energy efficiency, a new hot water heater (2022), washer and dryer (2023), new dishwasher (2025) and a new stove (2024). Additional updates include new flooring in the 4th bedroom (2022), refreshed living room furnishings (2025), a custom-built dining table (2022), and infused exterior light bulbs for durability and long-term performance in the coastal environment. The open floor plan is filled with natural light from expansive windows showcasing stunning Gulf views. A spacious Gulf-front deck offers the perfect setting for guests to enjoy sunsets and coastal living--enhancing rental appeal and repeat bookings. Fully equipped kitchen and generous living spaces make this property ideal for maximizing short-term rental income while enjoying minimal ongoing maintenance. A rare opportunity to own a high-income-producing, low-maintenance Gulf-front property--schedule your private showing today.

Interior:
  • Bedrooms: 4
  • Baths: 4.0
  • Sq Ft: 3176
  • Year Built: 2001
  • Utilities: 
  • Fireplaces: 
  • Stories: 2
  • Heat/AC: Central, Electric (Heating)
  • Garage: Driveway
Exterior:
  • Lot Size: 0.298 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: 
  • Yard: 
  • Siding: Vinyl Siding
  • Roof: Metal
  • Property Taxes: $13,255
  • MLS #: 321177
Get More Info
static map
Contact Information:
Beach Home Active Under Contract in Cape San Blas, Florida
Listing Agent: Julia Cunningham, 98 Real Estate Group - PSJ, 850-624-6147, 850-229-2400 Listing Site, Listing Status: Active Under Contract
Copyright © 2025 Forgotten Coast Realtor Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5886194
Viewed 127 times.
Updated: Oct 16, 2025

This property is a Home located at 186 Sugar Loaf Ln, Cape San Blas, Florida 32456, and is currently Active Under Contract at $1,575,000. This Home has 4 bedrooms, 4.0 baths, 3176 sq ft.