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163 Gulf Beach Dr

ST. GEORGE ISLAND, FL 32328
  • $1,872,000
  • STATUS: Active
  • ON SITE: 122 Days
  • MLS #: 316872
UPDATED: 60 min ago
$1,872,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,140
    SQFT
  • $452
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2001

School Ratings & Info

Description

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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© 2024 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 Jeff Galloway Real Estate. Data last updated: 2024-07-15T22:46:06.503.
www.gulfcoastrealty.com/homes/148556335
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163 Gulf Beach Dr ST. GEORGE ISLAND, FL 32328

  • Price: $1,872,000
  • Status: Active
  • On Site: 122 Days
  • Updated: 60 min ago
  • MLS #: 316872
0
Beds
0
Baths
0
½ Baths
0.15
Acres
4,140
SQFT
$452
$/SQFT
2001
Built
Neighborhood:
St George Bay
Area:
St. George Island
Property Description
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).
Exterior Features

Construction Clearance Height 18+ FtFrameVinyl Siding Lot Dimensions 6782 Roof AsphaltShingle

Interior Features

Ceiling Height 8 Floor Tile Furnished Negotiable Sqft Heated Cooled 4140 Sqft Office 0 Sqft Work Area 0

Property Features

Agent Owned Yes Association Fee No Building Property Name SUBWAY Building Bus Property Display WindowsEstablished BusinessFreestanding BuildingKitchen AreaRestrooms: PrivateRestrooms: Public Construction Status Construction Complete Flood Insurance Required No Fractional Ownership No List Class ApartmentBar/Restaurant Property Type Real Estate & Business Sale Subject To Lease Yes Sale Type Real Estate Only Sewer See Remarks Trade Considered Yes Uses DuplexOfficeRestaurantRetailSee Remarks Utilities Electricity ConnectedWater Connected Water Public Water Front YN No Water View YN No Zoning Type Mixed Use

Listing information © 2024 Realtors Association of Franklin and Gulf Counties.
Listing provided courtesy of RECIPROCAL OFFICE: 0.


© 2024 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 Jeff Galloway Real Estate. Data last updated: 2024-07-15T22:46:06.503.
 
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Jeff Galloway Real Estate
45 East 1st Street
George Island FL, 32328