NOT LISTED FOR SALE

1008 Gorrie Dr E Saint George Islan, FL 32328

Estimated Value: $1,353,000 - $2,752,507

4 Beds
4 Baths
2,120 Sq Ft
$962/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $2,595,000 $1,224 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $12,404/month

7 Days on Market

Highlights

  • Beach Front
  • Resort Property
  • Custom Home
  • In Ground Pool
  • Gulf View
  • Open Floorplan

About This Home

As of August 2022

"Destination Relaxation" St George Island NEW CONSTRUCTION! Gulf Front with 100' Beach Frontage. Private Waterfront Pool with Pergola. Private boardwalk to beach. The large vaulted living space and 2 Master Bedrooms open to a spacious Gulf Front veranda. Large modern kitchen with breakfast bar. 4 BR, 4 BA split arrangement. LVP flooring. Furnished. Elevator Shaft. Outdoor shower, grill and fish cleaning sink. Spacious ground level storage room for beach toys and bicycles. Expansive shaded under-house area for outdoor entertaining and games. Pet friendly beaches. Public boat launching within minutes. Newly offered on the vacation rental market and already has $71,000 in bookings.

Last Agent to Sell the Property

Pandora Schlitt

Naumann Group Real Estate, Inc. - SGI License #684688 Listed on: 06/07/2022

Last Buyer's Agent

David Bush

Fickling & Company License #3149199

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,497

Year Built

  • Built in 2022

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100 x 150
  • Beach Front
  • Property fronts gulf or ocean
  • Partially Fenced Property

Home Design

  • Custom Home
  • Concrete Foundation
  • HardiePlank Type

Interior Spaces

  • 2,120 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Woodwork
  • Vaulted Ceiling
  • Window Treatments
  • Great Room
  • Combination Kitchen and Dining Room
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • Tuck Under Parking
  • Driveway
  • Open Parking

Pool

  • In Ground Pool
  • Gunite Pool
  • Outdoor Shower

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Aerobic Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Resort Property
  • Built by Heath Galloway
  • Destination Relaxation Community
  • Gulf Beaches Units 1 5 Subdivision

Listing and Financial Details

  • Exclusions: Dining table, Leather recliner, Outside toy box. Items in locked closets and storage rooms.
  • Legal Lot and Block 2/E/2 / 2/E/2
  • Assessor Parcel Number 2909S06W7312000E0020

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,497

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Directions: From Bridge, left (east) onto Gulf Beach Drive; Right (south) on 9th St; left (east) on East Gorrie Drive
  • Inclusions: Furnishings
  • Prop. Type: Residential
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 0.3444
  • Lot Size: 100 x 150
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Gulf Beaches Units 1-5
  • Architectural Style: Custom
  • Building Name: Destination Relaxation
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: No
  • Year Built: 2022
  • NAV22_Room4Name: Full Bath
  • NAV22_ResortRentalYN: Yes
  • NAV22_Room3Name: Dining/Kitchen Combo
  • NAV22_Room7Name: Master Bath
  • NAV22_Room13Name: Master Bedroom
  • NAV22_Room2Name: Additional Bedroom
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room1Name: Great Room
  • NAV22_Room15Name: Master Bath
  • NAV22_Room5Name: Master Bedroom
  • NAV22_Room11Name: Master Bath
  • NAV22_Room9Name: Master Bedroom
  • Special Features: NewHome

Interior Features

  • Appliances: Electric Oven, Dishwasher, Microwave, Electric Water Heater, Dryer, Refrigerator w/Ice Maker, Washer
  • Furnished: Furnished
  • Interior Amenities: Open Floorplan, Split Bedroom, Woodwork Painted, Vaulted Ceiling(s), Lock Out Closet
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace: No
  • Living Area: 2120
  • Window Features: Window Treatments

Exterior Features

  • Exclusions: Dining table, Leather recliner, Outside toy box. Items in locked closets and storage rooms.
  • Exterior Features: Outdoor Shower, Shore Beach
  • Lot Features: Aerials/Topo Available, Subdivided
  • Roof: Standing Seam
  • Fencing: Partial
  • Pool Features: Gunite/Concrete, In Ground
  • Pool Private: Yes
  • View: Gulf, Water
  • View: Yes
  • Waterfront Features: Gulf, Waterfront
  • Waterfront: Yes
  • Builder Name: Heath Galloway
  • Construction Type: HardiPlank Type
  • Foundation Details: Pre-Stressed Concrete
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Driveway, Under House With Pad
  • Total Parking Spaces: 6

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: Aerobic Septic
  • Utilities: Water Connected, Cable Connected, Electricity Connected, Private Trash
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 15000
  • Additional Parcels: No
  • Parcel #: 2909S06W7312000E0020
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Block: 2/E/2
  • Tax Lot: 2/E/2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Aug 19, 2022
Sold by
Campagna Properties Llc
Bought by
Palmer Jeffrey D and Palmer Heather M
Seller's Agent
Pandora Schlitt
Naumann Group Real Estate, Inc. - SGI
Buyer's Agent
David Bush
Fickling & Company
List Price
$2,595,000
Sold Price
$2,595,000
Current Estimated Value
$2,039,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$555,498
Avg. Annual Appreciation
-7.30%
Original Mortgage
$2,076,000
Outstanding Balance
$1,754,224
Interest Rate
4.45%
Mortgage Type
Balloon
Estimated Equity
$285,278

Purchase Details

Listed on
Mar 4, 2020
Closed on
Jul 14, 2020
Sold by
Sharon Dene Lonkani Living Trust and Lonkani Sharon Dene
Bought by
Campagna Properties Llc
Seller's Agent
Brenda Brown
Berkshire Hathaway HomeServices - SGI
Buyer's Agent
Pandora Schlitt
Naumann Group Real Estate, Inc. - SGI
List Price
$699,900
Sold Price
$699,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
86.09%
Original Mortgage
$709,458
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 23, 2008
Sold by
Lonkani Jairam and Lonkani Sharon
Bought by
Lonkani Jairam and Lonkani Sharon Dene
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Palmer Jeffrey D $2,595,000 --
Palmer Jeffrey D $2,595,000 None Listed On Document
Campagna Properties Llc $699,900 Kristy Branch Banks Pa
Lonkani Jairam -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Jeffrey D $2,076,000
Closed Palmer Jeffrey D $2,076,000
Previous Owner Campagna Properties Llc $709,458
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2022 08/22/22 Sold $2,595,000 0.0% $1,224 / Sq Ft
06/17/2022 06/17/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $2,595,000 +270.8% $1,224 / Sq Ft
07/14/2020 07/14/20 Sold $699,900 0.0% -- View Prior Sale
05/21/2020 05/21/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $699,900 -- --
Source: Forgotten Coast REALTOR® Association

Tax History Compared to Growth

Source: Public Records

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
2024 $20,497 $2,177,845 $1,225,000 $952,845
2023 $19,878 $2,029,864 $1,225,000 $804,864
2022 $6,212 $620,000 $620,000 $0
2021 $6,184 $585,000 $585,000 $0
2020 $6,075 $540,000 $540,000 $0
2019 $6,241 $540,000 $540,000 $0
2018 $6,120 $500,000 $0 $0
2017 $5,808 $500,000 $0 $0
2016 $5,495 $500,000 $0 $0
2015 $4,994 $450,000 $0 $0
2014 $4,183 $340,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 311314

Forgotten Coast REALTOR® Association

APN: 29-09S-06W-7312-000E-0020