Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Cape San Blas Land Parcel Title is generated by Realmo AI

    105 Sand Trace Dr, Cape San Blas, FL 32456

    View on Map
    Claim this Listing
    For Sale
    $147,500

    LAND - Cape San Blas, FL

    Lot size:
    0.35 Acres
    Added:
    May 12, 2026
    Days on Market:
    26
    Last Refresh:
    Jun 6 at 2:06 am

    Property Features for 105 Sand Trace Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Natural State
    Standard status
    Active
    APN
    06288027R
    Lot size
    0.35 Acres

    Taxes and HOA fees

    Tax Description
    S 22 T 9 R 11 .34 AC M/L PARCEL A-2 BURNS MINOR REPLAT ORB 384/890 ORB 612/711 FR O'CONNOR MAP 35D

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    William Rish, Jr

    Listing agent William Rish, Jr

    Listing office Rish Real Estate Group Po Box 9, Port St. Joe, FL

    Listing date May 12, 2026

    MLS# 328318 Listing URL

    Copyright © 2026 Forgotten Coast Realtor Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • X flood zone lot: Potential for ground floor construction without pilings
    • No HOA: Avoid HOA fees and restrictions
    • Dedicated beach access: Easy access to the beach
    • .34 acre lot: Spacious lot size
    • High elevation: Located on the south end of Cape San Blas
    • Proximity to amenities: Close to Salinas Park, Port St Joe, and Apalachicola

    Overview

    This .34 acre lot is located on the south end of Cape San Blas. It features dedicated beach access, reasonable restrictions, and no HOA fees. The property is in an X flood zone, potentially allowing for ground floor construction without pilings or stairs. It is situated approximately one mile west of Salinas Park, which offers pickleball courts, a dedicated driving access point, and access to both the Gulf and the bay. The location is about 10 minutes from Port St Joe and 20 minutes from historic Apalachicola. Survey, restrictions, and road access agreement are on file. Some dimensions were obtained from the Gulf County Property Appraisers office; verification is recommended if dimensions are critical.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Restaurant Gym & Fitness Center Bar & Pub Furniture & Home Goods Computer & Electronic Repair Tech Support Center Travel Agency (Bike/Boat/Book/etc) Store Parking Lot & Garage Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cape San Blas
    County
    Gulf
    State
    Florida
    Longitude
    -85.329362
    Latitude
    29.679127

    Nearby Similar for Sale

    • $549,900

      Commercial Mixed-Use Lot For Sale

      Cleared, level lot with Gulf and Bay access.
      Cape San Blas Rd lot: 4A, Cape San Blas, FL 32456
      View Details
    • $599,000

      Gulf-Front Cleared Lot Ready to Build

      0.58-acre Gulf-front lot in Indian Pass, build-ready.
      2704 Indian Pass Rd, Cape San Blas, FL 32456
      View Details
    • $1,275,000

      Gulf-Front Homesite on Cape San Blas

      Premier Gulf-front homesite with architectural freedom and unobstructed views.
      190 Sanuk Dr, Cape San Blas, FL 32456
      View Details
    • $999,000

      Gulf Front Land Opportunity

      Gulf front lot with breathtaking views and endless possibilities.
      Haven Rd lot: 3, Cape San Blas, FL 32456
      View Details
    • $1,700,000

      Gulf-Front Homesite on Florida Coast

      Breathtaking 1.5-acre Gulf-front homesite with 50+ feet frontage.
      Sea Cliff Dr lot: 1A, Cape San Blas, FL 32456
      View Details
    • $1,300,000

      Gulf Front Homesite in Ovation

      Premier Gulf front homesite in Cape San Blas' Ovation community.
      125 W Ovation Dr, Cape San Blas, FL 32456
      View Details
    • $2,649,999

      Cape San Blas Land

      Lot in premier community, ready to build.
      825 Secluded Dunes Dr, Cape San Blas, FL 32456
      View Details
    • $319,999

      Cape San Blas Building Site

      Building site with Gulf and Bay views, community beach access.
      130 Gulf Hibiscus Dr lot: 19, Cape San Blas, FL 32456
      View Details
    • $699,000

      Gulf Front Land Opportunity

      Beautiful gulf front lot in desirable Two Palms subdivision.
      116 W Seascape Dr, Cape San Blas, FL 32456
      View Details
    • $2,649,999
      5,600 SF

      Gulf Frontage Homesite Opportunity

      Rare opportunity to build a legacy property on the Gulf.
      825 Secluded Dunes Drive, Cape San Blas, FL 32456
      View Details
    • $495,000

      Cape San Blas Land Opportunity

      Flood zone X lot with Gulf and Bay views.
      24 Gulf Hibiscus Dr, Cape San Blas, FL 32456
      View Details
    • $1,192,960

      Cape San Blas Gulf Front

      Premium Gulf front lot on Cape San Blas, Florida.
      6287 Cape San Blas Rd, Cape San Blas, FL 32456
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Rare X flood zone lot near beach access.
    Where is this waterfront land located?
    The property is located at 105 Sand Trace Dr Cape San Blas, FL.
    What is the asking price?
    The asking price for this property is $147,500.
    What are key features of this property?
    This property features: X flood zone lot: Potential for ground floor construction without pilings; No HOA: Avoid HOA fees and restrictions; Dedicated beach access: Easy access to the beach
    (850) 227-5569
    We can help!
    Listing Contact
    William Rish, Jr
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    105 Sand Trace Dr, Cape San Blas, FL 32456
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!