163 E Gulf Beach Dr St. George Island, FL 32328
| Property Type | Improved Commercial |
| Status | Active |
| Price | $990,000 |
| Waterfront | No |
| Water View | No |
| Approximate Acreage | 0 |
| Days On Market | 2 |
| Heated & Cooled SqFt. | 2070 |
| Price Per SqFt. | Approx. $478.2 |
| Subdivision | Gulf Beaches Units 1-5 |
| SubArea | Gulf Beaches |
| Year Built | 2001 |
| Exterior Construction | Frame,Vinyl Siding |
163 E Gulf Beach Dr St. George Island, FL 32328
Remarks at 163 E Gulf Beach Dr St. George Island, FL - Looking for a proven investment opportunity? This well-maintained mixed-use property features a stable, long-term commercial tenant. The ground floor has been home to SUBWAY since 2005, with a current lease of $5,000/month. The lease is triple net (NNN), so the tenant covers property taxes, insurance, and maintenanceâoffering minimal responsibility for the owner. The commercial space totals approximately 2,070 square feet and has been consistently cared for, including a new roof installed and permitted in 2023 by Lloyd's Roofing of Tallahassee, a new HVAC system around 2021, and regular upkeep of the building and septic system. This listing is for the lower level only. However, the owner will also consider selling the upstairs condo, which is an additional income-producing property.
Contact Us
Listing Provided by St George Island Realty, LLC - 8509274777, info@sgirealty.com
*Property information provided by Forgotten Coast REALTOR Association. 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.