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Turn-Key Quadplex With Gulf Views
For Sale
$2,060,000

206-212 Watermark Way, Port St Joe, FL 32456

MULTI_FAMILY - Port St. Joe, FL

Property Size4,096 SF
Lot Size0.35 Acres
Price / SF$502.93
Days on Market193

Property Features for 206-212 Watermark Way

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning description County
Bedrooms 8
Bathrooms 6
Full bathrooms 4
Half bathrooms 4
Rooms Bathroom 4, Bathroom 8, Bathroom 7, Bedroom 5, Bathroom 3, Bathroom 2, Bedroom 1, Bedroom 8, Bathroom 6, Bathroom 5, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 7, Bedroom 2, Bedroom 6
Parking 8
Parking features Covered, Driveway
Patio and Porch features Porch
Interior features Breakfast Bar
Appliances Cooktop, Dishwasher, Dryer, Electric Oven, Microwave, Range Hood, Refrigerator, Washer
Subdivision St Joseph Shores
Lot features Level, Split Possible, Within 1/2 Mile of Water
View Water
Directions From Hwy 98 near Windmark, turn onto Discovery Lane, then left onto Watermark Way. Units on left, see sign.
Standard status Active
APN 04255031R
Size 4,096 SF
Lot size 0.35 Acres

Taxes and HOA fees

Tax Description ST JOSEPH SHORES SUBDIVISION UNIT 1 CASA DEL MAR & S 50 FT OF LOT 4 BLK 1 ORB 799/823 FR PRIDE MAP 32B
Legal Description ST JOSEPH SHORES SUBDIVISION UNIT 1 CASA DEL MAR & S 50 FT OF LOT 4 BLK 1 ORB 799/823 FR PRIDE MAP 32B

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Ceiling Fan(s), Central Air, Electric
Water source Public

Amenities

covered front porch
second story covered deck
spacious back patio
large back yard
recorded beach access pedestrian easement

Building Details

Year built 1984
Floors in Building 2
Building materials Frame, Stucco
Roof type Metal
Listing Agency: Rish Real Estate Group
Listed By: William Rish, Jr
Added: Feb 11 Changed: Aug 3 Last Checked: Aug 23 at 11:06AM
MLS# 326288

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.

Investment Insights

Based on property information with market context.

Turn-key quadplex at 206-212 Watermark Way, Port St. Joe, FL, built in 1984. The property consists of four units, each with two bedrooms, one full bathroom, and one half bathroom, designed with an open floor plan. Interior features include a breakfast bar, and each unit is equipped with appliances such as a cooktop, dishwasher, microwave, refrigerator, washer, and dryer. The exterior setup includes a covered front porch and a second-story covered deck off the top bedroom with Gulf of America views, plus a spacious back patio partitioned for privacy and a large back yard. Side covered parking is also included.

A recorded beach access pedestrian easement provides beach access across the street. The subdivision is described as decades old and served by its own ingress and egress road with no thru traffic, and there is no HOA. Flood zone information is provided as all units in an X flood zone, with part of the covered parking in an AE zone; verify if important.

Utilities include public water and public sewer, and the building uses frame and stucco construction with a metal roof, central electric heating, and central air conditioning.

Key Highlights

  • Four furnished two‑bedroom units with open floor plans
  • Covered front porch plus second‑story covered deck with Gulf of America views
  • Recorded beach access pedestrian easement across the street

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Pharmacy Cafe & Coffee Shop Skin Care Clinic Pet Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

46
Businesses Nearby

Demographics for 32456, FL

7,439
Population
6,252
Households
1.2
Avg Household Size
55
Median Age
37%
College-Educated
96%
High-School Grad
106.2 sq mi
ZIP Area
70
Density / Sq Mi
$73,723
Median Household Income
$38,630
Median Earnings
$1,363
Median Rent
$338,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Turn-key quadplex featuring four furnished two-bedroom units with covered outdoor living and gulf views.
Where is this quadplex located?
The property is located at 206-212 Watermark Way Port St Joe, FL.
What is the asking price?
The asking price for this property is $2,060,000.
What are key features of this property?
This property features: Four furnished two‑bedroom units with open floor plans; Covered front porch plus second‑story covered deck with Gulf of America views; Recorded beach access pedestrian easement across the street
More about this property
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