NOT LISTED FOR SALE

1072 Gorrie Dr E St. George Island, FL 32328

Estimated Value: $1,878,016 - $2,215,000

0.34 Acre
$5,756,400 Price per Acre
15,002 Sq Ft Lot

Last Sold February 26, 2021

Last sale price $1,116,930

Est. 77% increase in value since last sale

Current estimated payment $11,770/month

3 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • No HOA

About This Lot

As of February 2021

100 FEET OF BRILLIANT GULF FRONTAGE CAN BE YOURS ON GORGEOUS ST. GEORGE ISLAND! This beach front lot adjoins a County owned vacant beach front lot so no home to be built on the lot to the East. Now is the time to build the beach home of your dreams that can sit high behind the dunes with some of the best views on the island. This site is located adjacent to a 100' wide legal access easement to the beach, which means your sunrise views will remain unencumbered. The location of this lot is very easy to find, making it easy for your guests and accessible to the bike path, State Park and pristine beaches. Come escape it all by building your island getaway.

Last Agent to Sell the Property

Nonmember Nonmember

Nonmember Office Listed on: 01/28/2021

Last Buyer's Agent

Robin Hilton

Jeff Galloway Real Estate License #3172360

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,075

Lot Details

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

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Gulf Views
  • Flood Insurance May Be Required

Listing and Financial Details

  • Legal Lot and Block 10/E/2 / 10/E/2
  • Assessor Parcel Number 2909S06W7312000E0100

Community Details

Overview

  • No Home Owners Association
  • Unit 2 Subdivision

Recreation

  • Beach

Property Details

Property Type

Land

Est. Annual Taxes

$6,075

Lot Details

0

Listing Details

  • Directions: From center of St. George Island, turn left onto East Gulf Beach Dr and go to 11th St and turn right. The lot is on the curve directly to the right of the beach.
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.3444
  • Lot Size: 100 x 150
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Unit 2
  • Special Features: None

Exterior Features

  • Lot Features: Within 1/2 Mile of Water, Flood Insurance Required
  • View: Gulf, Water
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Disclosures: County Zoning

Utilities

  • Sewer: Aerobic Needed
  • Utilities: Phone Available, Cable Available, Electricity Available, Water Available

Condo/Co-op/Association

  • Community Features: Beach, Beach Community
  • Association: No

Lot Info

  • Zoning: R-1
  • Lot Size Sq Ft: 15002.064
  • Additional Parcels: No
  • Parcel #: 2909S06W7312000E0100
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6075
  • Tax Block: 10/E/2
  • Tax Lot: 10/E/2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
Feb 26, 2021
Sold by
Thomas William Arthur and Thomas Carro Nelson
Bought by
Burchell Properties Llc
Seller's Agent
Nonmember Nonmember
Nonmember Office
Buyer's Agent
Robin Hilton
Jeff Galloway Real Estate
List Price
$999,000
Sold Price
$1,116,930
Premium/Discount to List
$117,930
11.8%
Current Estimated Value
$1,982,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$865,574
Avg. Annual Appreciation
13.07%

Purchase Details

Listed on
Jun 27, 2020
Closed on
Sep 21, 2020
Sold by
Bkhm Llc
Bought by
Thomas William Arthur and Thomas Carro Nelson
Seller's Agent
Jean Ulrich
Century 21 Collins Realty, Inc
Buyer's Agent
Jeff Galloway
Jeff Galloway Real Estate
List Price
$699,000
Sold Price
$685,000
Premium/Discount to List
-$14,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
211.75%

Purchase Details

Listed on
Oct 16, 2015
Closed on
Nov 5, 2015
Sold by
Cxa & 16 Corporation
Bought by
Bkhm Llc
Seller's Agent
John Shelby
St George Island Realty, LLC
Buyer's Agent
Jean Ulrich
Century 21 Collins Realty, Inc
List Price
$629,000
Sold Price
$615,000
Premium/Discount to List
-$14,000
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.24%

Purchase Details

Closed on
Feb 23, 2009
Sold by
Coastal Development Properties Llc
Bought by
Noel Leroy G and Noel Mary S

Purchase Details

Closed on
Jan 27, 2009
Sold by
Princeton Eight Exchange Accomodators Ll
Bought by
Coastal Development Properties Lc

Purchase Details

Closed on
Sep 29, 2005
Sold by
Coastal Development Properties Lc
Bought by
Noel Leroy G and Noel Mary S

Purchase Details

Closed on
Oct 14, 2003
Sold by
Green Heron Properties Llc
Bought by
Princeton (Eight) Exchange

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2002
Sold by
Thomas A Waddell Revocable Trust
Bought by
Green Heron Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$653,600
Interest Rate
6.67%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Burchell Properties Llc $1,117,000 Attorney
Burchell Properties Llc $1,117,000 None Listed On Document
Thomas William Arthur $685,000 Attorney
Ark Family Trust $685,000 None Listed On Document
Bkhm Llc $615,000 Attorney
Noel Leroy G -- None Available
Coastal Development Properties Lc -- None Available
Noel Leroy G -- None Available
Princeton (Eight) Exchange $1,050,000 First American Title Company
Green Heron Properties Llc $660,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Princeton (Eight) Exchange $1,050,000
Previous Owner Green Heron Properties Llc $653,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2021 02/26/21 Sold $1,116,930 +11.8% --
01/31/2021 01/31/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $999,000 +45.8% --
09/21/2020 09/21/20 Sold $685,000 -2.0% -- View Prior Sale
08/15/2020 08/15/20 Pending -- -- --
06/28/2020 06/28/20 For Sale $699,000 +13.7% --
11/13/2015 11/13/15 Sold $615,000 -2.2% -- View Prior Sale
10/16/2015 10/16/15 Pending -- -- --
10/16/2015 10/16/15 For Sale $629,000 -- --
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 $16,471 $2,037,100 $1,225,000 $812,100
2023 $15,769 $1,899,925 $1,225,000 $674,925
2022 $12,668 $1,256,819 $620,000 $636,819
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: 307365

Forgotten Coast REALTOR® Association

APN: 29-09S-06W-7312-000E-0100