NOT LISTED FOR SALE

1040 E Gulf Beach Dr Saint George Island, FL 32328

Estimated Value: $1,050,000 - $1,418,000

3 Beds
2 Baths
1,800 Sq Ft
$674/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $940,000 $522 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $7,063/month

76 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Resort Property
  • Cathedral Ceiling
  • Heated In Ground Pool
  • Fireplace in Primary Bedroom
  • Beach House

About This Home

As of February 2022

THIS CHARMING, ONE LEVEL BEACH HOME ON BEAUTIFUL ST. GEORGE ISLAND, FL. IS A FAVORITE FOR MANY VISITORS TO STAY AND EXPERIENCE PARADISE. IT IS COMPLETELY UPDATED WITH A SPACIOUS KITCHEN, THAT HAS AN EXTRA ICE MACHINE TO KEEP YOUR SHRIMP COCKTAIL CHILLED. COMFORTABLE HIGH END FURNISHINGS. IT'S READY TO BE YOURS. TURN KEY WITH GREAT RENTAL OPPORTUNITIES. YOU CAN SUN AND SWIM IN YOUR PRIVATE POOL OR TAKE A SHORT WALK TO THE WHITE SANDY BEACHES (#4 TOP 10 BEACHES). ARE YOU READY TO MAKE MEMORIES ,. TAKE A BIKE RIDE INTO TOWN OR GO TO YOUR FAVORITE RESTAURANT AND SHOPS. YOU ARE IN THE HEART OF THE ISLAND, THERE ARE GREAT DECKS AND PLENTY OF SPACE DOWNSTAIRS FOR OUTDOOR COOKING , BRING YOUR CATCH OF THE DAY AND USE THE HANDY FISH CLEANING STATION AND GRILL. THIS HOME IS AMAZING!....MAKE IT YOURS !

Last Agent to Sell the Property

Sandy Mitchem

Century 21 Collins Realty, Inc License #3021227 Listed on: 10/18/2021

Century 21 Collins Realty, Inc

Last Buyer's Agent

Sandy Mitchem

Century 21 Collins Realty, Inc License #3021227 Listed on: 10/18/2021

Century 21 Collins Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,000

Year Built

  • Built in 1999

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100 x 150
  • Property fronts gulf or ocean
  • Landscaped

Home Design

  • Beach House
  • Wood Foundation
  • Metal Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 1,800 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Windows
  • Blinds
  • Insulated Doors
  • Storage
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

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

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Resort Property
  • Teeni Bikini Community
  • Unit 1 East Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2909S06W7312000J0060

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,000

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Directions: Go East on East Gulf Beach Drive. Home is on the Right 1040 East Gulf Beach Drive
  • Prop. Type: Residential
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 0.3444
  • Lot Size: 100 x 150
  • Subdivision Name: Unit 1 East
  • Architectural Style: Beach House
  • Building Name: Teeni Bikini
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: No
  • Year Built: 1999
  • NAV22_ResortRentalYN: Yes
  • NAV22_BuildersWarrantyYN: No
  • Special Features: None

Interior Features

  • Appliances: Ice Maker, Refrigerator, Dishwasher, Microwave, Electric Water Heater, Wine Refrigerator, Dryer, Disposal, Refrigerator w/Ice Maker, Washer, Cooktop
  • Furnished: Furnished
  • Interior Amenities: Vaulted Ceiling(s), Lock Out Closet, Breakfast Bar, Cathedral Ceiling(s), Storage, Kitchen Island
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Door(s)
  • Fireplace Features: Master Bedroom
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Living Area: 1800
  • Window Features: Double Pane Windows, Insulated Windows
  • Master Bedroom Features: Blinds, Carpeted, Walk-In Closet(s)
  • Master Bathroom Features: Carpeted, Tile Counters, Walk-In Closet(s), Double Vanity

Exterior Features

  • Exterior Features: Barbecue, Outdoor Shower
  • Lot Features: Landscaped
  • Roof: Metal
  • Pool Features: Heated, In Ground
  • Pool Private: Yes
  • View: Water, Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Pilings, Wood
  • Patio And Porch Features: Rear Porch, Covered Deck, Front Porch, Covered Porch
  • Property Condition: Construction Complete

Garage/Parking

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

Utilities

  • Cooling: Central Electric, Ceiling Fan(s)
  • Heating: Central Electric
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Phone Connected, Sewer Connected, Private Trash
  • 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 #: 2909S06W7312000J0060
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2021
Closed on
Feb 21, 2022
Sold by
Baker William G and Baker Rhonda H
Bought by
Murphy Christopher D and Murphy Stephanie G
Seller's Agent
Sandy Mitchem
Century 21 Collins Realty, Inc
Buyer's Agent
Sandy Mitchem
Century 21 Collins Realty, Inc
List Price
$960,000
Sold Price
$940,000
Premium/Discount to List
-$20,000
-2.08%
Current Estimated Value
$1,213,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,040
Avg. Annual Appreciation
7.22%
Original Mortgage
$752,000
Outstanding Balance
$698,289
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$514,751

Purchase Details

Closed on
Feb 18, 2011
Sold by
Bacon David A and Bacon Denise C
Bought by
Baker William G and Baker Rhonda H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2004
Sold by
Hood Jon C
Bought by
Bacon David A and Etal Denise C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2004
Sold by
Hood Jon C
Bought by
Bacon David A and Etal Denise C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2004
Sold by
Benefield Leon W and Benefield Caroline D
Bought by
Hood Jon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$621,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2004
Sold by
Benefield Leon W and Benefield Caroline D
Bought by
Hood Jon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$621,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2000
Sold by
Meeks Jimmy W and Meeks Tonia L
Bought by
Benefield Leon W and Benefield Caroline D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,200
Interest Rate
8.63%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Murphy Christopher D $940,000 None Listed On Document
Baker William G $400,000 Attorney
Bacon David A $819,000 First American Title Company
Bacon David A $819,000 First American Title Company
Hood Jon C $690,000 First American Title Company
Hood Jon C $690,000 First American Title Company
Benefield Leon W $379,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Christopher D $752,000
Previous Owner Baker William G $300,000
Previous Owner Hood Jon C $650,000
Previous Owner Bacon David A $650,000
Previous Owner Hood Jon C $621,000
Previous Owner Hood Jon C $621,000
Previous Owner Benefield Leon W $303,200
Closed Bacon David A $87,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2022 02/28/22 Sold $940,000 -2.1% $522 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
10/18/2021 10/18/21 For Sale $960,000 -- $533 / Sq Ft
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 $8,408 $896,484 $280,000 $616,484
2023 $7,893 $800,155 $280,000 $520,155
2021 $4,922 $457,404 $155,000 $302,404
2020 $5,001 $436,768 $150,000 $286,768
2019 $5,174 $440,194 $150,000 $290,194
2018 $5,019 $402,013 $0 $0
2017 $4,999 $402,013 $0 $0
2016 $4,725 $382,871 $0 $0
2015 $4,685 $377,871 $0 $0
2014 $4,778 $381,532 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 309286

Forgotten Coast REALTOR® Association

APN: 29-09S-06W-7312-000J-0060