Welcome to 121 Gulf Terrace Ln. This property, currently a vacation rental, earned $62,000 in gross income in 2023. It offers ample parking and is conveniently located just 12 minutes from Port St. Joe, 10 minutes from Mexico Beach, and 30 minutes from Cape San Blas.The home is within walking distance of St. Joe Beach, known for its clean, sugar-white sand and dog-friendly environment. Situated on a quarter-acre lot, the property features a fenced backyard that could accommodate additions such as a pool or pickleball court.Inside, the home has vaulted ceilings in the living area and an open kitchen with granite countertops and ample cabinetry. The floor plan includes two bedrooms separated by a guest bathroom equipped with a shower/tub combo, granite sink, and storage closet. The guest bedroom is positioned at the front of the house, while the master bedroom, located to the right of the guest bathroom, includes western-facing windows and an en-suite bathroom with dual granite sinks, tiled flooring, and a spacious shower.The property is equipped with a Rheem Performance instant water heater and a Carrier A/C unit. The kitchen features matching GE appliances, and a Frigidaire washer and dryer are included.This home offers practical features for both potential homeowners and investors. The surrounding low-density neighborhood provides a peaceful setting, reflecting the natural appeal of Gulf County.