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: $1,400,000 List Date: 11/03/2023 Last Modified: 1/02/2025

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 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 MLS# 748750

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

Contract Info

List Price/SqFt: 751.88 Status: Sold List Date: 2023-11-02 List Price: $1,400,000 Current Price: $1,407,500

Location

Sub Area: 1805 – Franklin – St.George Island Community/Resort: None Waterfront: No 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. Area: 18 – Franklin County Street #: 1224 Street Direction: E Street Name: Gulf Beach Street Suffix: Drive State: FL Zip Code: 32328 County: Franklin Subdivision: No Named Subdivision Parcel ID: 29-09S-06W-7328-0000-0020 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

Acreage: 1.05 Design: Beach House Lot Size (SqFt): 45725 Apx SqFt(Htd/Cooled): 1862 Construction Status: Construction Complete SqFt Source: Builders Plans Lot Dimensions: 155 x 295 New Construction: No Garage Y/N: No Pool: Yes Sub-Type: Detached Single Family Bedrooms: 4 Full Baths: 3 Total Baths: 3 Year Built: 1981

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!

Status Change Info

Sold Price/SqFt: 755.91 Sold Price/Acre: 1340476.19 Under Contract Date: 2024-11-24 Sold Date: 2024-12-31 Sold Price: $1,407,500

Pool Features

Heated – Electric: 1 Inground: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Range – Electric: 1 Refrigerator: 1 Washer: 1 Water Heater – Electric: 1 Water Purifier – Owned: 1

Interior Features

Breakfast Bar: 1 Ceiling – Vaulted: 1 Closet Owner: 1 Floor – Vinyl: 1 Inside Storage: 1 Newly Painted: 1 Pantry: 1 Split Bedroom: 1 Window – Treatment All: 1 Woodwork Painted: 1

Construction/Siding

Foundation – On Piling: 1 Roof – Metal: 1 Siding – Hardie Board: 1

Exterior

Built-in Barbecue/Grill: 1 Deck Open: 1 Fenced Lot-Part: 1 Shower: 1 Patio Covered: 1 Pool: 1 Porch Screened: 1 Sprinkler System: 1 Storm Doors: 1 Storm Windows: 1

Other Structures

Kennel/Dog Run: 1 Pergola: 1 Storage: 1

Financing

Cash: 1 Conventional: 1

Furnished

Furnished: 1

Interior

Bunk Room: 1 Insulated Doors: 1

Lot Features

Cleared: 1 Corner Lot: 1 Dedicated Beach: 1 Deeded Access: 1 Near Beach Access: 1 Survey Available: 1

Lot Access

Comm/Own/Maint: 1 Private Road: 1

Parking Features

Carport: 1 Driveway: 1 Golf Cart Covered: 1 Paved: 1

Mstr Bath / Mstr Bdrm

MBath Double Vanity: 1 MBed First Floor: 1 MBath Shower/Tub Combo: 1

Present Zoning

Resid Single Family: 1

Rooms

Bedroom: 1 Dining Room: 1 Family Room: 1 Master Bedroom: 1

Utilities

All Utilities: 1 Internet – Broadband Available: 1

Waterview

Gulf: 1

Accessibility Features

Accessible Approach with Ramp: 1

Sale Type

As Is: 1

Bedroom

Second: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1 Electric: 1

Heating

Central: 1 Electric: 1

Security Features

Smoke Detector(s): 1

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

Family Room Dimensions: 16.2 x 12.9 Length: 16.20 Width: 12.90 Dimensions: 16.2 x 12.9 Dining Room Dimensions: 24.3 x 15.3 Length: 24.30 Width: 15.30 Dimensions: 24.3 x 15.3 Master Bedroom Dimensions: 13.3 x 17 Length: 13.30 Width: 17.00 Dimensions: 13.3 x 17 Bedroom Level: Second Dimensions: 15.8 x 14 Length: 15.80 Width: 14.00 Dimensions: 15.8 x 14 Bedroom Level: Second Dimensions: 11.4 x 9.5 Length: 11.40 Width: 9.50 Dimensions: 11.4 x 9.5
Listing Office: Compass Florida, LLC
Last Updated: January – 02 – 2025
Information deemed reliable but not guaranteed.