163 Gulf Beach Dr St. George Island, FL 32328
| Property Type | Real Estate & Business |
| Status | Active |
| Price | $1,872,000 |
| Waterfront | No |
| Water View | No |
| Approximate Acreage | 0 |
| Days On Market | 254 |
| 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).
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