Commercial Property Details for 163 Gulf Beach Dr, St. George Island

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St. George Island, FL Commercial Property For Sale

Property Type: Commercial / Business

Price: $1,872,000
Status: Active
Days on Website: 251
Sqft: 4,140
Lot Size: 6782
Year Built: 2001
Subdivision: St George Bay
Address: 163 Gulf Beach Dr
Area: St. George Island, FL
MLS #: 316872

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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).

Features for 163 Gulf Beach Dr, St. George Island:

MLS Area Major: St. George Island

MLS Area Minor: Gulf Beaches

Property Sub Type: Business

Special Listing Conditions: Agent Owned

Subdivision: St George Bay

Utilities: Electricity Connected, Water Connected

Water Front: No

Listing courtesy of Reciprocal Office

Map and related commercial property for sale:

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4,140 sqft Commercial Property located at 163 Gulf Beach Dr, St. George Island, FL, 32328. Located in St. George Island, its list price is $1,872,000.

Commercial Property Details for 163 Gulf Beach Dr, St. George Island

St. George Island, FL Commercial Property For Sale

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Description:

Features for 163 Gulf Beach Dr, St. George Island:

Map and related commercial property for sale:

SEA CREST REAL ESTATE, INC.

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