1 Marina Dr Unit 204 A/B St. Simons Island, GA 31522
Estimated payment $2,831/month
Highlights
- Wood Flooring
- Community Pool
- Subterranean Parking
- St. Simons Elementary School Rated A-
- Breakfast Area or Nook
- Central Heating and Cooling System
About This Home
Versatile Investment Opportunity at Riverwatch Condos – Saint Simons Island.
This two-bedroom, two-bathroom condo at Riverwatch offers flexible vertical living with a unique lockout feature, allowing you to utilize the space as a full two-bedroom unit or separate it into a one-bedroom condo with a private studio. Whether you’re looking for an income-producing property, a vacation retreat, or a combination of both, this condo provides endless possibilities! Side A: Completely updated and currently rented for $2,050/month. Also renter is covering utilities at $250 a month. Side B: Was generating $1,075/month in rental income. New flooring was installed on Oct. 20. With the new roof assessment already paid, this is a turnkey investment in a prime location. The Riverwatch community features a renovated pool and is situated directly on the river at the marina, offering breathtaking water views and easy access to boating.
Don’t miss this opportunity to own a versatile, income-producing property on Saint Simons Island!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,310
Year Built
- Built in 1985
HOA Fees
- $996 Monthly HOA Fees
Parking
- Subterranean Parking
Home Design
- 1,433 Sq Ft Home
- Concrete Siding
Kitchen
- Breakfast Area or Nook
- Oven
- Range
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Schools
- St. Simons Elementary School
- Glynn Middle School
- Glynn Academy High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Underground Utilities
Listing and Financial Details
- Assessor Parcel Number 02-02383
Community Details
Overview
- Association fees include management, flood insurance, insurance, ground maintenance, reserve fund, water
- Riverwatch Association, Phone Number (912) 230-4176
- Riverwatch Condos Subdivision
Recreation
- Community Pool
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,310 | $132,000 | $0 | $132,000 |
| 2024 | $3,310 | $132,000 | $0 | $132,000 |
| 2023 | $3,145 | $128,000 | $0 | $128,000 |
| 2022 | $3,310 | $132,000 | $0 | $132,000 |
| 2021 | $2,689 | $104,000 | $0 | $104,000 |
| 2020 | $2,454 | $94,000 | $0 | $94,000 |
| 2017 | $1,984 | $76,000 | $0 | $76,000 |
| 2016 | $1,824 | $76,000 | $0 | $76,000 |
| 2015 | $1,832 | $76,000 | $0 | $76,000 |
| 2014 | $1,832 | $76,000 | $0 | $76,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/19/2025 10/19/25 | For Sale | $298,000 | -- | $208 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $320,000 | -- | |
| Deed | $320,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $240,000 | New Conventional |
Source: Golden Isles Association of REALTORS®
MLS Number: 1657470
APN: 02-02383
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