Found 4 blog entries tagged as Cape San Blas.

Can a hurricane delay your home closing on Florida's Forgotten Coast?

It can, but it almost never has to. Once a tropical storm or hurricane is named and a watch or warning is issued for any part of Florida, most insurers pause binding new policies until the threat passes, usually 24 to 78 hours later. Because your lender will not fund the loan until the home is insured, an unbound policy is the one thing that can push your closing date. Line up your homeowners, wind, and flood coverage early in your due diligence period and a storm out in the Gulf rarely touches your closing.

By Billy Joe Smiley 

Summer and fall are some of my favorite times to put buyers under contract on this coast. Inventory is up, sellers are motivated, and you have…

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How Much Are Property Taxes on a Vacation Home on Florida's Forgotten Coast?

Vacation homes in Gulf County, Florida are assessed as non-homestead property, which means you pay taxes on the full assessed value every year with no homestead exemption and no Save Our Homes cap. Annual property taxes on the Forgotten Coast typically run $9 to $12 per $1,000 of assessed value depending on your taxing district, putting a $1 million vacation home at roughly $9,000 to $12,000 per year. Port St. Joe city properties carry slightly higher rates than unincorporated Gulf County areas like Cape San Blas, Indian Pass, and St. Joe Beach.

By Billy Joe Smiley | June 4, 2026

Property taxes are one of the first things I walk buyers through when we're looking at…

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Is Cape San Blas a Good Vacation Rental Investment in 2026?

Gulf front vacation rentals on Cape San Blas are generating six figures in gross annual income, with top performing properties earning $200,000 or more per year. The 2026 market has shifted clearly toward buyers. Prices are off recent peaks, inventory is climbing, and sellers have flexibility they haven't shown in years. The $34.5 million beach nourishment and breakwater project just completed, stabilizing the peninsula's shoreline for the long term. For investors who choose the right flood zone, the insurance cost advantage alone can add $10,000 or more to the bottom line annually.

This is what the investment case looks like right now.

By Billy Joe Smiley | June 2, 2026

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Forgotten Coast Real Estate Market Report

March 2 – March 8, 2026

Some weeks along the Forgotten Coast feel busy. Boats returning to the marina, porch lights glowing a little later in the evening, visitors lingering just a bit longer after sunset.

Other weeks move quietly… like the tide slipping in while nobody is looking.

This past week felt a little like that.

The market is still active, but it's moving with a deliberate pace as we ease toward spring along the coast.

Across the Forgotten Coast there are currently 568 residential properties on the market, and five homes closed during the week of March 2 through March 8.

Sale prices ranged from roughly $270,000 up to $2.4 million, with an overall average around $725,000.

Homes are…

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