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6 Beds
8 Baths
3,533 sqft

$2,499,000

198 Monarch Beach Dr, 32456, Cape San Blas FL

Price per sqft$707.33
Built in2023
Property size3,533 sqft
Property typeResidential

Overview

Active

Listed Nov 9, 2025

Updated 8 days ago

198 Monarch Beach is a standout first-tier coastal home offering a refined blend of design, comfort, and strong rental performance. Located in the X flood zone with private deeded beach access just steps away, this property is well suited for full-time nfirmed 2026 bookings thus far, demonstrating immediate income with proven and repeatable performance.living or as a high-performing vacation rental. Custom designed with both guest experience and operational efficiency in mind, this home features 6 bedrooms, each with its own ensuite bath, along with 2 additional half baths, creating a layout that maximizes occupancy while maintaining privacy. A reverse floor plan elevates the main living area on the top level, capturing Gulf views from the living space and unobstructed bay views from the dining area, a rare and highly desirable combination. The open-concept design flows easily into a thoughtfully appointed kitchen featuring a wet bar, refrigerator drawers and ice machine, making it ideal for entertaining. The bunk suite is a standout feature, offering 8 built-in bunks, a dedicated lounge area with sectional seating and TV, and a private bath. Outdoor living is designed for both relaxation and enjoyment, with a gunite private pool, fire pit, spacious covered deck with lounge seating, a poolside bar with integrated tv and music entertainment, plus a convenient poolside half bath and private outdoor shower. The grounds are thoughtfully finished with palms, turf, and professional landscape lighting creating a clean, low-maintenance setting with a true resort feel. Furnishings are negotiable, offering flexibility for investors seeking a full turn-key rental or customized personal retreat. Meticulously maintained and professional positioned, this property stands out as a high preforming luxury coastal investment with immediate revenue . Please check out the matterport https://my.matterport.com/show/?m=NpByZ6WTCnR&

$16,626/mo

Est. mortgage payment based on a $2,499,000 home price.

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

Additional information

MLS® ID
324511

Interior Features

Bedrooms
6
Bathrooms
8
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.17 Acres

Other Property Details

Taxes
$18,236
Tax Frequency
Annually
Association Fee Frequency
Yearly
View
Yes
Pool
Yes
MLS provider logo

Courtesy of Debbe Wibberg with Port Realty Group
Listing Contact: 850-247-8846 

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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