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$1,872,000
65 Days Online

163 E Gulf Beach Drive
St George Islan, FL 32328-9999

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
4,140
SqFt
$452
/SqFt

Built
Subdivision:
St. George Island
County:
Franklin

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(850) 459-7187
163 E Gulf Beach Drive163 E Gulf Beach Drive163 E Gulf Beach Drive163 E Gulf Beach Drive
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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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Listing Snapshot
Price 
$1,872,000
Days Online 
65 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,140 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.15 Acres
Year Built 
N/A
MLS® Number 
369630
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen online
General Features
Acreage 
0.15
Property Sub Type 
Business
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Community Features
MLS Area 
Franklin
Listing courtesy of Xcellence Realty



This information is deemed reliable, but not guaranteed. PARTICIPANT'S ASSOCIATES AND SUBSCRIBERS ONLY AND IS NOT INTENDED FOR USAGE BY THE PUBLIC. UNDER NO CIRCUMSTANCES SHOULD THE INFORMATION CONTAINED HEREIN BE RELIED UPON BY ANY PERSON IN MAKING A DECISION OF PURCHASE. Copyright Capital Area Technology & REALTOR Services, Inc. All rights reserved.
Data last updated at 2024-05-16 05:35 PM EDT

Neighborhood & Commute
Source: Walkscore
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