163 Gulf Beach Dr St. George Island, FL 32328

Property Type Real Estate & Business
Status Active
Price $1,872,000Unknown
Waterfront No
Water View No
Approximate Acreage 0
Days On Market 51
Heated & Cooled SqFt. 4140
Price Per SqFt. Approx. $452.1
Subdivision St George Bay
SubArea Gulf Beaches
Year Built 2001
Exterior Construction Clearance Height 18+ Ft,Frame,Vinyl Siding

163 Gulf Beach Dr St. George Island, FL 32328

Remarks at 163 Gulf Beach Dr St. George Island, FL - Want to have a money making investment and a residence on a beautiful island? The SUBWAY has been here since 2005 and wants to stay indefinitely. Income is very stable. The SUBWAY has approx. 2070 square feet. The second floor is a residence of equal size. Zoning allows for both business and residence. Residence has two large living areas, including a beautiful GREAT room, three large bedrooms and two full bathrooms. This appears to be one of the largest condos on the island. The SUBWAY rent is $4000/month. A SUBWAY national lease will be used. The building has been grandfathered for flood insurance, so the price is only $2600. The Subway building had a new HVAC installed approx. 2021. Regular maintenance has been done on the building and the septic system. A new roof was installed and permitted in 2023 by Lloyd's Roofing of Tallahassee. Price represents the Zillow Estimates for value of the first floor ($1,004,000) and the second floor ($868,000).

Contact Us

Fickling & Company Realtors
112 Franklin Blvd.
St. George Island, FL 32328
850-927-2255
United States

Listing Provided by RECIPROCAL OFFICE - 0





*Property information provided by the REALTOR® Association of Franklin and Gulf Counties, Inc. IDX information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.