This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/44
$449,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/44
Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Turnkey Investment Opportunity with Two Short-Term Rental Eligible Homes! Seller financing available. Whether you're looking to expand your investment portfolio, own a vacation getaway with income potential, or enjoy multi-generational living, this unique property delivers. Situated on a generous 0.20-acre lot just a short golf cart ride from downtown, this offering includes a beautifully renovated 2BR/2BA main home (1,254 SF) and a separate 2BR/1BA accessory dwelling (660 SF)--both eligible for short-term rentals. Both homes have been thoughtfully updated and are offered completely furnished, making this a true turnkey opportunity. Recent improvements include a new metal roof, new flooring, updated interiors, modern kitchens, and refreshed bathrooms. The main home features an inviting covered front porch, an open-concept living area, abundant natural light, and a stylish kitchen with stone countertops, gray cabinetry, stainless appliances, and a center island perfect for entertaining. The detached accessory dwelling provides exceptional flexibility for guests, extended family, or additional rental income. A privacy fence separates the two residences, allowing each home to enjoy its own space. With multiple parking spaces, bay views from the road, and strong income-producing potential, this property is ideal for investors, second-home buyers, or owner-occupants who want to live in one home while generating income from the other. Rare opportunities like this don't come along often.
Full Property Details
Full Property Details for 509 Eighth St
General
- Price: $449,000
- Taxes: $5,832 (2025)
- Status: Under Contract
- Type: Multi-Family
- Source: Bay_County
- MLS ID: 792336
- Updated: 8/21/2026
- Added to Site: 49 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Main Level Primary
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Location
- County: Gulf
- Subdivision: No Named Subdivision
- Driving Directions: From Hwy 98, left on Cecil G Costin Blvd, right on Long Ave, left on 8th St and home ill be on the left hand side.
Community
- Community Name: 07 - Gulf County
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected, High Speed Internet Available
Structural Information
- Sq. Ft. Source: Appraiser
- Year Built: 1965
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,276
- Lot Size: .2
- Lot Dimensions: 50.0 ft x 170.0 ft
Financial Considerations
- Tax Amount: $5,832.29
- Tax Year: 2025
Disclosures and Reports
- Legal Description: CITY OF PORT ST JOE LOT 9 ORB 809/631 FR LEGACY LANDMARKS LLC BLK 42 MAP 50A
- Disclosures/Rstr.: Accepting Backup Offers
- Property ID: 04962-000R
Listed by Coastal Realty Group
Get Pre-Approved Today
Schools
Schools serving 509 Eighth St
School District:Gulf County School District
| Name | Grades | Distance |
|---|---|---|
Port St. Joe Elementary School 2201 Long Ave, Port St. Joe, FL 32456 | PK-6 | 1.1 mi |
Port St. Joe High School 100 Shark Dr, Port St. Joe, FL 32456 | 7-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 509 Eighth St
Date
Details
Price
Change
Source
7/23/2026
Price Reduced
$449,000
-3.44%
MLS
7/08/2026
Listed
$465,000
-0.43%
MLS
10/04/2023
Sold
$467,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 509 Eighth St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,832
—
$401,283
2%
2024
$5,832
186%
$395,026
201%
2023
$2,042
22%
$131,373
30%
2021
$1,677
-19%
$100,873
-22%
2022
$2,079
24%
$129,947
27%
2021
$1,677
35%
$102,083
41%
2019
$1,245
-14%
$72,524
-13%
2018
$1,446
616%
$83,216
124%
2017
$202
4%
$37,124
2%
2016
$195
1%
$36,360
1%
2015
$194
7%
$36,107
1%
2014
$181
7%
$35,820
1%
2013
$169
—
$35,291
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 509 Eighth St
509 8th Street, Port Saint Joe, FL 32456 (MLS# 792336) is a Multi-Family property with units containing 4 bedrooms and 3 full bathrooms. 509 8th Street is currently listed for $449,000 and was received on July 08, 2026. Want to learn more about 509 8th Street? Do you have questions about finding other Multi-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.

