"Icing on the Cape" is an exceptional luxury retreat on North Cape San Blas where refined coastal design meets impressive rental performance. This beautifully curated 5-bedroom, 4.5-bath residence has established itself as a strong income-producing property, with the entire peak summer season already reserved and continued booking momentum into the late-summer and fall travel periods. Its consistent occupancy and repeat guest appeal reflect the home's desirability and the strength of its GRI history. Just steps from the boardwalk leading to the wide, uncrowded beaches of North Cape, this home was masterfully designed for both elevated entertaining and relaxed coastal living. Elevator access services all levels, while multiple gathering spaces allow guests to spread out comfortably. The first level features a golf simulator and game room, along with a full-size refrigerator/freezer--ideal for hosting larger groups. The second floor offers two ensuite primary suites with Gulf-facing porch access, a king guest room, and a bunk room with shared bath, plus an additional lounge area with beverage station. The top floor captures sweeping views of the Gulf, Bay, and State Park. A stunning great room anchored by an 85" television and sleek electric fireplace flows seamlessly into a chef-inspired kitchen with a 12-foot island featuring pop-up power and charging ports, a gas range with custom hood, and an impressive dining space. A private king suite with an ensuite bath and screened porch completes this level. Outside, a resort-style pool with tanning ledge, covered seating area, gas grill, prep sink, and outdoor shower creates a private oasis. Ample parking includes dedicated boat spaces. With panoramic views, luxury finishes, direct beach access, & a demonstrated history of strong occupancy & seasonal demand, "Icing on the Cape" stands as a rare opportunity to own a premier coastal property that delivers both an elevated lifestyle & exceptional income-producing potential.