1224 E Gulf Beach Drive, St. George Island, FL 32328 (MLS# 748750)

1224 E Gulf Beach Drive, St. George Island, FL 32328

$1,407,500

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 1,862 Lot Size (sq. ft.): 45,725 Status: Sold

Current Price: $1,407,500 List Date: 11/03/2023 Last Modified: 1/02/2025

Overview

Description

Motivated seller considering all offers on 1224 E Gulf Beach Drive, St. George Island. This exceptional home is a rare find. With renovations now finalized, it offers a projected cap rate of 10%. This property is fully prepared for rental, allowing for immediate occupancy without any delays. Strengthen your investment portfolio with this remarkable purchase. With its final price reduction, this stunning first-tier beach home on picturesque St. George Island has stood the test of time and presents a remarkable opportunity for discerning buyers. Nestled in the enclave community of Dunes at St. George, this home offers wonderful gulf views, a private heated pool, and new kitchen cabinets and butcher block countertops completing the thoughtfully planned renovations on this gorgeous home. Boasting four bedrooms, three baths, and ample space to accommodate 12 overnight guests, every turn offers the epitome of comfort, style, and natural beauty. Wake up to the breathtaking sight of the sun sp … (Read more) Motivated seller considering all offers on 1224 E Gulf Beach Drive, St. George Island. This exceptional home is a rare find. With renovations now finalized, it offers a projected cap rate of 10%. This property is fully prepared for rental, allowing for immediate occupancy without any delays. Strengthen your investment portfolio with this remarkable purchase. With its final price reduction, this stunning first-tier beach home on picturesque St. George Island has stood the test of time and presents a remarkable opportunity for discerning buyers. Nestled in the enclave community of Dunes at St. George, this home offers wonderful gulf views, a private heated pool, and new kitchen cabinets and butcher block countertops completing the thoughtfully planned renovations on this gorgeous home. Boasting four bedrooms, three baths, and ample space to accommodate 12 overnight guests, every turn offers the epitome of comfort, style, and natural beauty. Wake up to the breathtaking sight of the sun sparkling on the Gulf of Mexico and savor the tranquil surroundings that this 1.05-acre corner lot provides. The open design seamlessly connects the kitchen, dining area, family room, and enclosed screened porch, creating the perfect space for entertaining and relaxation. Abundant natural light bathes the interior of the house. Located on the quiet gulf side-east end of SGI, this home offers tranquility and privacy, allowing you to escape the hustle and bustle of everyday life and immerse yourself in the serene beauty of the surroundings. The sound of the waves crashing against the shore and the gentle sea breeze will be your constant companions. In addition to its stunning location, this home offers a host of features designed to enhance anyone’s beach-life experience. From spacious bedrooms providing a peaceful retreat to well-appointed bathrooms offering a touch of luxury, every detail has been carefully considered. Don’t miss out on the chance to own a slice of paradise on St. George Island. Whether seeking a permanent residence, a vacation home, or an outstanding income-producing investment opportunity, this remodeled property has it all. Schedule your private showing today and start exploring all that St. George Island and the surrounding Forgotten Coast communities have to offer!

Listing Details MLS# 748750

Contract Info

List Price/SqFt: 751.88

Location

Area: 18 – Franklin County
Street #: 1224
Street Direction: E
Street Name: Gulf Beach
Street Suffix: Drive
State: FL
Zip Code: 32328
County: Franklin
Sub Area: 1805 – Franklin – St.George Island
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: No
Parcel ID: 29-09S-06W-7328-0000-0020
Elementary School: Other
Middle School: Other
High School: Other
Directions: From the intersection of Franklin Boulevard South and East Gulf Beach Drive, travel east 2.3 miles. Turn right to enter driveway from the side of corner lot. Signs coming soon the East Gulf Breeze Drive and at the driveway.
Legal Description: LOT 2 1.05 AC DUNES OF ST GEORGE OR 181/118 ORB 185 PAGE 204 707/638 1105/245 1238/326 1257/366 1313/107

General Property Info

Sub-Type: Detached Single Family
Design: Beach House
Apx SqFt(Htd/Cooled): 1862
SqFt Source: Builders Plans
Full Baths: 3
Total Baths: 3
Year Built: 1981
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 155 x 295
Acreage: 1.05
Lot Size (SqFt): 45725
Pool: Yes

Status Change Info

Under Contract Date: 2024-11-24
Sold Date: 2024-12-31
Sold Price/SqFt: 755.91
Sold Price/Acre: 1340476.19

Listing Info, Tax and Legal

HOA Fee: No
New Buyer Fee: No
Last Taxes: 7639
Last Tax Year: 2022
Brokerage Interest: No Interest
As Is: Yes

Remarks & Misc

Remarks: Motivated seller considering all offers on 1224 E Gulf Beach Drive, St. George Island. This exceptional home is a rare find. With renovations now finalized, it offers a projected cap rate of 10%. This property is fully prepared for rental, allowing for immediate occupancy without any delays. Strengthen your investment portfolio with this remarkable purchase. With its final price reduction, this stunning first-tier beach home on picturesque St. George Island has stood the test of time and presents a remarkable opportunity for discerning buyers. Nestled in the enclave community of Dunes at St. George, this home offers wonderful gulf views, a private heated pool, and new kitchen cabinets and butcher block countertops completing the thoughtfully planned renovations on this gorgeous home. Boasting four bedrooms, three baths, and ample space to accommodate 12 overnight guests, every turn offers the epitome of comfort, style, and natural beauty. Wake up to the breathtaking sight of the sun sparkling on the Gulf of Mexico and savor the tranquil surroundings that this 1.05-acre corner lot provides. The open design seamlessly connects the kitchen, dining area, family room, and enclosed screened porch, creating the perfect space for entertaining and relaxation. Abundant natural light bathes the interior of the house. Located on the quiet gulf side-east end of SGI, this home offers tranquility and privacy, allowing you to escape the hustle and bustle of everyday life and immerse yourself in the serene beauty of the surroundings. The sound of the waves crashing against the shore and the gentle sea breeze will be your constant companions. In addition to its stunning location, this home offers a host of features designed to enhance anyone's beach-life experience. From spacious bedrooms providing a peaceful retreat to well-appointed bathrooms offering a touch of luxury, every detail has been carefully considered. Don't miss out on the chance to own a slice of paradise on St. George Island. Whether seeking a permanent residence, a vacation home, or an outstanding income-producing investment opportunity, this remodeled property has it all. Schedule your private showing today and start exploring all that St. George Island and the surrounding Forgotten Coast communities have to offer!

More Information

Pool Features

Heated – Electric: Yes
Inground: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Range – Electric: Yes
Refrigerator: Yes
Washer: Yes
Water Heater – Electric: Yes
Water Purifier – Owned: Yes

Interior Features

Breakfast Bar: Yes
Ceiling – Vaulted: Yes
Closet Owner: Yes
Floor – Vinyl: Yes
Inside Storage: Yes
Newly Painted: Yes
Pantry: Yes
Split Bedroom: Yes
Window – Treatment All: Yes
Woodwork Painted: Yes

Construction/Siding

Foundation – On Piling: Yes
Roof – Metal: Yes
Siding – Hardie Board: Yes

Exterior

Built-in Barbecue/Grill: Yes
Deck Open: Yes
Fenced Lot-Part: Yes
Shower: Yes
Patio Covered: Yes
Pool: Yes
Porch Screened: Yes
Sprinkler System: Yes
Storm Doors: Yes
Storm Windows: Yes

Other Structures

Kennel/Dog Run: Yes
Pergola: Yes
Storage: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Furnished: Yes

Interior

Bunk Room: Yes
Insulated Doors: Yes

Lot Features

Cleared: Yes
Corner Lot: Yes
Dedicated Beach: Yes
Deeded Access: Yes
Near Beach Access: Yes
Survey Available: Yes

Lot Access

Comm/Own/Maint: Yes
Private Road: Yes

Parking Features

Carport: Yes
Driveway: Yes
Golf Cart Covered: Yes
Paved: Yes

Mstr Bath / Mstr Bdrm

MBath Double Vanity: Yes
MBed First Floor: Yes
MBath Shower/Tub Combo: Yes

Present Zoning

Resid Single Family: Yes

Rooms

Bedroom: Yes
Dining Room: Yes
Family Room: Yes
Master Bedroom: Yes

Utilities

All Utilities: Yes
Internet – Broadband Available: Yes

Waterview

Gulf: Yes

Accessibility Features

Accessible Approach with Ramp: Yes

Sale Type

As Is: Yes

Bedroom

Second: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Heating

Central: Yes
Electric: Yes

Security Features

Smoke Detector(s): Yes

Property Features

Accessibility Features: Accessible Approach with Ramp Appliances: Dishwasher; Disposal; Dryer; Microwave; Range – Electric; Refrigerator; Washer; Water Heater – Electric; Water Purifier – Owned Bedroom: Second Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric Exterior: Built-in Barbecue/Grill; Deck Open; Fenced Lot-Part; Shower; Patio Covered; Pool; Porch Screened; Sprinkler System; Storm Doors; Storm Windows Financing: Cash; Conventional Furnished: Furnished Interior: Bunk Room; Insulated Doors Lot Features: Cleared; Corner Lot; Dedicated Beach; Deeded Access; Near Beach Access; Survey Available Lot Access: Comm/Own/Maint; Private Road Pool Features: Heated – Electric; Inground Security Features: Smoke Detector(s) Parking Features: Carport; Driveway; Golf Cart Covered; Paved Other Structures: Kennel/Dog Run; Pergola; Storage Rooms: Bedroom; Dining Room; Family Room; Master Bedroom Sale Type: As Is Utilities: All Utilities; Internet – Broadband Available Waterview: Gulf Present Zoning: Resid Single Family

Room Information

Room Name	Level	Dimensions	Length	Width
Family Room		16.2 x 12.9	16.20	12.90
Dining Room		24.3 x 15.3	24.30	15.30
Master Bedroom		13.3 x 17	13.30	17.00
Bedroom	Second	15.8 x 14	15.80	14.00
Bedroom	Second	11.4 x 9.5	11.40	9.50

Listing Office: Compass Florida, LLC

Last Updated: January – 02 – 2025

Information deemed reliable but not guaranteed.