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508 E Gorrie Dr

ST. GEORGE ISLAND, FL 32328
  • $1,900,000
  • STATUS: Active
  • ON SITE: 30 Days
  • MLS #: 310831
UPDATED: 110 min ago
$1,900,000
  • 3
    BEDS
  • 0.33
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,356
    SQFT
  • $1,401
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1984

School Ratings & Info

Description

The GRI numbers are low on this property due to heavy family use -the potential GRI is considerably higher due to the excellent location to the center of the island -proximity to the walking path and golf cart accessibility to grocery shopping and restaurants. The stated GRI number for 2021 of $69,000 is prior to the significant increase in rental rates on the island. A projected GRI for 2022 is $104,000. If some renovation were completed and a swimming pool added it may be possible to attain a $150,000 plus GRI on this property.

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© 2022 Realtors Association of Franklin and Gulf Counties. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Scenic Sotheby's International Realty. Data last updated: 2022-05-25T23:42:25.777.
www.scenicsir.com/homes/128038715
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508 E Gorrie Dr ST. GEORGE ISLAND, FL 32328

  • Price: $1,900,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 110 min ago
  • MLS #: 310831
3
Beds
2
Baths
0
½ Baths
0.33
Acres
1,356
SQFT
$1,401
$/SQFT
1984
Built
Neighborhood:
Gulf Beaches Units 1-5
Area:
St. George Island
Property Description
The GRI numbers are low on this property due to heavy family use -the potential GRI is considerably higher due to the excellent location to the center of the island -proximity to the walking path and golf cart accessibility to grocery shopping and restaurants. The stated GRI number for 2021 of $69,000 is prior to the significant increase in rental rates on the island. A projected GRI for 2022 is $104,000. If some renovation were completed and a swimming pool added it may be possible to attain a $150,000 plus GRI on this property.
Exterior Features

Construction Vinyl Siding Foundation Stilts Lot Access County Road Lot Features Coastal SetbackFlood Insurance RequiredWater FrontImproved LotLevelWithin 1/2 Mile Of WaterWater View Parking DrivewayCarport Parking Spaces 4.00 Pool No Roof Metal Water Front Gulf Water View Gulf

Interior Features

Appliances RefrigeratorWater Heater ElectricClothes DryerClothes Washer Furnished Furnished Interior Features Ceiling VaultedWasher/Dryer Hookup Loft No

Property Features

Agent Owned No Association Fee No Builders Warranty No Building Property Name Tranquil Turtle Construction Status Construction Complete Design Beach House Fractional Ownership No Immediate Occupancy Yes Resort Rental Yes Sale Subject To Lease No Sewer Aerobic Septic Total Sqft 1834 Trash Private Utilities Natural Gas Not AvailableCable ConnectedElectricity Connected Water Public Water Front YN Yes Water View YN 1 Zoning Type Residential Single Family

Listing information © 2022 Realtors Association of Franklin and Gulf Counties.
Listing provided courtesy of Suncoast Realty.


© 2022 Realtors Association of Franklin and Gulf Counties. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Scenic Sotheby's International Realty. Data last updated: 2022-05-25T23:42:25.777.
 
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