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6 Beds
4 Baths
3,276 sqft

$1,490,000

338 Cape San Blas Rd, Cape San Blas FL

Price per sqft$454.82
Built in2000
Property size3,276 sqft
Property typeResidential

Overview

Active

Listed May 14, 2026

Updated 6 days ago

Discover the Forgotten Coast at its finest in the highly sought-after Two Palms, a Gulf front community on Cape San Blas. This stunning 6-bedroom, 4-bath retreat offers 3,245 square feet of elevated coastal living, built for unforgettable gatherings and effortless relaxation. The resort-style outdoor oasis steals the show with a private pool, soothing hot tub, covered pavilion with gas grill, gas fire pit, and hot/cold outdoor shower, creating an entertainer's dream beneath the swaying palms. Three levels of thoughtfully designed living space accommodate 15+ guests. The second-floor great room is the heart of the home, with open concept living, dining, and kitchen areas bathed in natural light. A king primary suite with en suite Jacuzzi tub and private deck access serves as a true owner's retreat, while two additional king suites upstairs and queen and bunk rooms below offer flexibility for multi-generational getaways. A media room, lift elevator, EV charging, and parking for five round out the home. The location is unbeatable. Two private community beach boardwalks sit just a short walk away, delivering you to sugar-white sands and emerald Gulf waters. Directly across the street, Salinas Park offers immediate access to St. Joseph Bay, a kayaker's and angler's paradise, along with the Serenity Trail for sunset bike rides and scenic walks along the bay. Stroll to Scallop Republic for bayfront music and cocktails. Beyond your doorstep, T.H. Stone Memorial St. Joseph Peninsula State Park sits five miles away with pristine shoreline and hiking trails. Historic Port St. Joe offers boutique shopping and waterfront dining, while Indian Pass, Apalachicola, and Mexico Beach serve up the freshest Gulf-to-table seafood in the South. Whether you seek a turnkey luxury second home, a proven income producer, or a forever coastal compound, this rare gem delivers. The Gulf is calling you now.

$9,913/mo

Est. mortgage payment based on a $1,490,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
328342

Interior Features

Bedrooms
6
Bathrooms
4
Basement
No

Exterior Features

Lot Size
0.39 Acres

Other Property Details

Taxes
$11,121
Tax Frequency
Annually
Association Fee Frequency
Yearly
View
Yes
Furnished
Yes
Pool
Yes
MLS provider logo

Courtesy of The Peevy Team with Keller Williams Success Realty
Listing Contact: 850-227-3335 

Based on information from the Forgotten Coast REALTOR® Association as of 10/10/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. 

©2026 Forgotten Coast REALTOR® Association all rights reserved.

Data last updated 4:13 AM UTC, 10/10/2026

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