Cape San Blas · Gulf County, FL

Cape San Blas Neighborhoods

A pristine peninsula with turquoise Gulf waters, undeveloped state parks, and some of the strongest vacation rental income on Florida's Forgotten Coast.

Cape San Blas, FL · Gulf County

Cape San Blas is a narrow peninsula jutting into the Gulf of Mexico — flanked by St. Joseph Bay on one side and the Gulf on the other. It's one of the last truly undeveloped stretches of Florida coastline, with no high-rises, no chain restaurants, and strict building codes that preserve its natural character. Buyers come for the pristine beaches, strong rental income, and the sense of owning something genuinely rare.

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5 Cape San Blas Neighborhoods

Single-Family / Vacation Rental

North Cape

North Cape / Cape San Blas Road (North)

$400K–$1.5M32456

The northern section of the Cape closest to Port St. Joe, with Gulf-front and Gulf-view homes, lower density, and easier access to town amenities. A mix of older beach cottages and newer elevated construction.

Gulf-front accessLower densityClose to PSJStrong rental income

Single-Family / Vacation Rental

South Cape

South Cape / Cape San Blas Road (South)

$500K–$2M+32456

The most sought-after section of the Cape with Gulf-front lots, bay views, and proximity to St. Joseph Peninsula State Park. Premium pricing reflects the pristine environment and limited supply.

Premium Gulf-frontState park proximityBay & Gulf viewsLimited supply

Gated / Single-Family

Gated Community

Barrier Dunes

$600K–$2M+32456

A gated community on the Gulf side of the Cape with community beach access, pool, and tennis courts. One of the few organized HOA communities on the Cape — popular with buyers who want amenities with their privacy.

Gated communityCommunity pool & tennisGulf beach accessHOA managed

Bayfront / Single-Family

Bay Side

Stump Hole / Bay Side

$300K–$900K32456

Bay-side properties along St. Joseph Bay with calm water, boat access, and stunning sunset views. Lower price points than Gulf-front with excellent fishing and kayaking. Popular with boaters and nature lovers.

Bayfront accessBoat-friendlyCalm waterFishing & kayaking

Vacant Lots / Single-Family

Coastal Barrier

CBRA Zone Properties

$150K–$600K32456

A significant portion of Cape San Blas falls within Coastal Barrier Resources Act (CBRA) zones — meaning no federal flood insurance is available. These properties carry higher risk but lower price points. Expert due diligence is essential before purchasing.

Lower price pointsNo federal flood insuranceCBRA designationExpert due diligence required

Cape San Blas Requires Expert Guidance

CBRA zones, elevation certificates, and flood insurance availability vary dramatically lot by lot on the Cape. I've helped dozens of buyers navigate these complexities — let's make sure you buy the right property.