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$421,000
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Property Description
***INVESTOR ALERT -WILL ENTERTAIN ALL OFFERS $2000 Seller Concession to Closing Costs *** Welcome to 121 Gulf Terrace Ln. This property, currently a vacation rental, earning $59,500 gross in 2024 and $62,000 gross in 2023, both years over 70% occupancy. It offers ample parking and is conveniently located just 12 minutes from Port St. Joe, 10 minutes from Mexico Beach, and 30 minutes from Cape San Blas. The home is within walking distance of St. Joe Beach, known for its clean, sugar-white sand and dog-friendly environment. Situated on a quarter-acre lot, the property features a fenced backyard that could accommodate additions such as a pool or pickleball court. Inside, the home has vaulted ceilings in the living area and an open kitchen with granite countertops and ample cabinetry. The floor plan includes two bedrooms separated by a guest bathroom equipped with a shower/tub combo, granite sink, and storage closet. The guest bedroom is positioned at the front of the house, while the master bedroom, located to the right of the guest bathroom, includes western-facing windows and an en-suite bathroom with dual granite sinks, tiled flooring, and a spacious shower. The property is equipped with a Rheem Performance instant water heater and a Carrier A/C unit. The kitchen features matching GE appliances, and a Frigidaire washer and dryer are included. This home offers practical features for both potential homeowners and investors. The surrounding low-density neighborhood provides a peaceful setting, reflecting the natural appeal of Gulf County.
Full Property Details
Full Property Details for 121 Gulf Terrace Ln
General
- Sold For: $421,000
- Taxes: $4,234 (2024)
- Status: Closed
- Type: Single Family
- Source: Bay_County
- MLS ID: 767502
- Added to Site: 363 day(s) ago
Interior
- Number of Rooms: 2
- Appliances: Electric Range, Electric Water Heater
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Exterior
- Exterior Features: Patio
- Porch/Patio/Deck: Patio, Open, Porch
Location
- County: Gulf
- Subdivision: Highland View
- Driving Directions: HWY 98 Turn north on Pine St, right on Georgia Ave, Left on Gulf Terrace Lane. Property is on left side.
Community
- Community Name: 07 - Gulf County
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected
Structural Information
- Architectural Style: Coastal
- Construction: Wood Frame
- Sq. Ft. Source: Appraiser
- Year Built: 2019
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,890
- Lot Size: .25
- Lot Dimensions: 52 x 108
- Frontage: City Street
- Zoning: Resid Single Family
- Fencing (Description): Full, Fenced
Financial Considerations
- Tax Amount: $4,234
- Tax Year: 2024
Disclosures and Reports
- Legal Description: HIGHLANDS AT ST JOE BEACH PB 5 PGE 30 LOT 21 ORB 497/176 FR MCINTOSH LAND CO INC
- Property ID: 03816-705R
Listed by EXP Realty LLC
Sold by Non-Member Office
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Schools
Schools serving 121 Gulf Terrace Ln
School District:Gulf County School District
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 121 Gulf Terrace Ln
Date
Details
Price
Change
Source
10/30/2025
Sold
$421,000
-2.77%
MLS
10/01/2025
Price Reduced
$433,000
-0.35%
MLS
8/25/2025
Price Reduced
$434,500
-0.11%
MLS
7/13/2025
Price Reduced
$435,000
-1.14%
MLS
6/01/2025
Price Reduced
$440,000
-3.83%
MLS
5/12/2025
Price Reduced
$457,500
-0.11%
MLS
4/28/2025
Price Reduced
$458,000
-0.43%
MLS
4/03/2025
Price Reduced
$460,000
-0.43%
MLS
3/24/2025
Price Reduced
$462,000
-0.65%
MLS
2/25/2025
Price Reduced
$465,000
-1.06%
MLS
1/20/2025
Listed
$470,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
121 Gulf Terrace Lane, Port Saint Joe, FL 32456 (MLS# 767502) is a Single Family property that was sold at $421,000 on October 30, 2025. Want to learn more about 121 Gulf Terrace Lane? Do you have questions about finding other Single Family real estate for sale in Port Saint Joe? You can browse all Port Saint Joe real estate or contact a Coldwell Banker agent to request more information.

