$1,500,000
7± Acres
New Listing
Gulf County, Florida

Black's Island - Island Bungalow (One Story Floorplan)

ID: 53212
Status: New Listing
Price: $1,500,000
Acres: 7±
Price Per Acre: $214,286
Type: Hunting Land, Recreational Land, Beachfront
City, State: Port St Joe, Florida
County: Gulf
ZIP Code: 32456
Presented By: Jon Kohler
Bedrooms: 2
Bathrooms: 2

Description

Regarded as one of the top island destinations in America. Now, you can own a part of it. 

This is truly a one-of-a-kind coastal experience and investment; own a beachfront bungalow on a private island

Surrounded by the beautiful waters of St. Joseph Bay, sheltered by Cape San Blas, and spanning over seven acres, Black's Island is an Intimate Private Island Retreat featuring Private Waterfront Bungalows

Welcome to Black's Island an intimate private island retreat where relaxation and recreation meet nature's splendor. Located in the heart of St Joseph’s Bay, situated amidst the breathtaking beauty of the Gulf Coast, this seven-acre private island features waterfront bungalows for optimal seclusion; this is your opportunity to own a private island bungalow. At Black’s Island, the perfect blend of coastal charm and modern comfort beckons you to experience island living at its finest.

The island features private waterfront bungalows with stunning waterfront views (the $1,500,000 price is for a one-story bungalow on Black's Island). In the common area is a four-story clubhouse, a cabana, and a pool with sundecks – nestled among palms, the bungalows and their amenities are connected by an elevated 1,200-foot cedar boardwalk.

The barrel-shaped bungalows provide 360-degree views. The one-story bungalows are 1,225 square feet with two bedrooms with king beds, a loft area with bed, two full bathrooms, kitchen, living room, dining area, laundry room, and a private balcony overlooking stunning views of the water, landscape, and wildlife. The two-story bungalows are 1,425 square feet with two bedrooms with king beds, a third bedroom with bunkbeds, two full bathrooms, one-half bathroom, kitchen, living room, dining area, laundry room, and a private balcony overlooking breathtaking views. The kitchen is fully equipped with a pantry, granite countertops, stainless steel appliances, plenty of cabinet space, and a kitchen island with a bar-height counter with barstools for additional eating space.

Available Bungalows:

  • One-Story Bungalows Currently Available: 2 bedrooms with king beds, a loft with full bed and two full bathrooms - Unit 8, Unit 9, Unit 10, Unit 11, Unit 13, Unit 22 – Asking Price $1,500,000 each**
  • Two-Story Bungalows Currently Available: 2 bedrooms with king beds, a third bedroom with bunkbeds and 2.5 bathrooms – Unit 6, Unit 14, Unit 16, Unit 18, Unit 20 – Asking Price $1,600,000 each**

The bungalows are offered turnkey with furnishings, décor, linens, kitchen supplies, washer and dryer.

**You will own a 99-year renewable lease of one of only twenty-six bungalows. These leases are fairly common on islands and relationships with title insurance and eager lenders have already been established. You will receive a clear and marketable title. Upkeep of common areas are essentially modeled like an HOA or a condo model. 

The bungalows’ exteriors are maintained by the association so that owners can spend all of their time on the island relaxing and enjoying family memories. For general maintenance of the bungalows (for example light bulbs etc.), maintenance items would run through the management company regardless of whether the unit is on or off the rental program. More capital improvement maintenance can be coordinated by staff in your absence.

The common areas of the island such as the pool and boardwalk, etc., are also maintained by the association.

All electricity, cable, insurance, and property taxes for your bungalow are included in the annual HOA dues. The initial HOA fees are $25,000 per year. (Compared to a similar $1.5M beach house on the Forgotten Coast, taxes and insurance alone would be in the $40,750k range). That’s nearly half the annual expense of a traditional beach vacation home. **This is a rough estimation based on research of beach homes in a comparable price point in the region. This information should be independently verified.***

Island Amenities: 

  • 3,700 feet of shoreline
  • Grand four-story clubhouse
  • Island gift shop
  • Downstairs “cabana”
  • 40x16' swimming pool
  • Beach volleyball
  • Water trampoline
  • Jet skis
  • Private white sandy beach
  • Dock that accommodates boats up to 40’
  • Concierge services
  • and more!

While not being enjoyed by your family, owners can place their bungalow in a rental program, should they desire. There is a management company in place to handle short-term rentals on the island.

Black’s Island promises a lifetime of cherished memories and unparalleled experiences. Whether you're seeking a private sanctuary or an investment, Black's Island is a rare and unique opportunity!

Additional Information

wildlife

  • turkey
  • waterfowl

recreation

  • bird watching
  • fishing
  • hunting

water access

  • beach

improvements

  • boat ramp
  • boat fishing dock
  • other

Ask Jon About This Property

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