163 E Gulf Beach Drive St George Islan, FL $ 1,872,000
163 E Gulf Beach Drive
$ 1,872,000
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163 E Gulf Beach Drive

St George Islan, FL, 32328
$ 1,872,000
Baths0.0 Sq 4,140

Monthly Estimate*

$ 13,076

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Studio Commercial Property for sale in St George Islan, FL for $1,872,000. This 4,140 square foot building was built on a lot size of 0.15.

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 large residence also with 2070 sq. ft, for a building total of 4140 sq. ft. 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 alone 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 portion has 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.

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Commercial Active

Price

$ 1,872,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Business

Lot Size

0.15

Town/City

St George Islan

County/Region

FRANKLIN

MLS | Web ID

369630

Features
General
Property SubType Business
County Franklin
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Subdivision Name St. George Island
Garage Y/N N
Status Active
City ST GEORGE ISLAN
View Y/N N
Senior Community Y/N N
Total Units 2
MLS Area Franklin
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Gulf Beach
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 7
Standard Status Active
Tax Lot 1 &
Property Sub Type Additional Business
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Exterior
Spa N
Building Area Total 4140.0
Lot Size Acres 0.15
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Drive
Electric On Property Y/N N
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Internal Only
Street Number 1 163
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* Excluded Features
List By
Xcellence Realty

Broker

Affordability Calculator

$13,076
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,076
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3571063 Elementary School
3570942 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/13/2024$1,872,000 Listed Price

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163 E Gulf Beach Drive, St George Islan, FL, 32328 is a Commercial Property for sale at $1,872,000 with 4,140 sqft and a lot size of 0.15. 163 E Gulf Beach Drive is a studio with 0.0 baths. The property's zip code is 32328 which is in St George Islan, FL