NOT LISTED FOR SALE

1112 E Gulf Beach Dr Saint George Island, FL 32328

Estimated Value: $3,626,830

7 Beds
5.5 Baths
3,867 Sq Ft
$938/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $2,400,000 $621 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $21,076/month

129 Days on Market

Highlights

  • Beach Front
  • Resort Property
  • Custom Home
  • Heated In Ground Pool
  • Gulf View
  • 1.03 Acre Lot

About This Home

As of November 2019

$235,294.00 IN RESORT WEEKLY RENTAL INCOME FOR YEAR 2017! LET THIS RENTAL INCOME BUY THIS HOUSE FOR YOU! STUNNING 7 LARGE BEDROOM HOUSE SITUATED RIGHT ON THE GULF OF MEXICO. FULLY FURNISHED AND READY FOR YOU. 1 ACRE LOT WITH 100 FEET RIGHT ON THE BEACH. PRIVATE SWIMMING POOL ON THE BEACH FRONT OF THIS HOME. TASTEFULLY DECORATED AND FULLY FURNISHED. PRIVATE ELEVATOR. PRIVATE BOARDWALK. WAINSCOTING WALLS AND GOURMET KITCHEN. GRANITE COUNTER TOPS AND KITCHEN BAR SEATING. SECOND FAMILY ROOM ON TOP FLOOR AFFORDS PLENTY OF SPACE TO SPREAD OUT AND RELAX. SUBSTANTIAL RENTAL INCOME HISTORY.

Last Agent to Sell the Property

Jeff Galloway

Jeff Galloway Real Estate License #689322 Listed on: 07/03/2019

Last Buyer's Agent

Marilyn Bean

Century 21 Collins Realty, Inc License #318763

Century 21 Collins Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,661

Year Built

  • Built in 2003

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 100 x 450
  • Beach Front
  • Property fronts gulf or ocean
  • Level Lot

Home Design

  • Custom Home
  • Beach House
  • Metal Roof
  • Piling Construction
  • Stucco

Interior Spaces

  • 3,867 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Furnished
  • Crown Molding
  • Wainscoting
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Family Room
  • Dining Area
  • Tile Flooring
  • Gulf Views

Kitchen

  • Electric Oven
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

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

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Covered Deck
  • Outdoor Grill
  • Rear Porch

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Aerobic Septic System

Community Details

  • No Home Owners Association
  • Resort Property
  • M'ocean Approved Community

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 2909S06W731700000010

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,661

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Directions: EAST ON EAST GULF BEACH DRIVE, HOUSE IS ON THE RIGHT DOWN LEGAL DRIVEWAY, 2ND DRIVE EAST OF WHERE EAST GORRIE COMES INTO EAST GULF BEACH DRIVE
  • Inclusions: FULLY FURNISHED WITH A SMALL EXCLUSION LIST THAT WILL BE PROVIDED.
  • Prop. Type: Residential
  • Building Stories: 2
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 1.0331
  • Lot Size: 100 x 450
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Custom, Beach House
  • Building Name: M'ocean Approved
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 2
  • Property Attached Yn: No
  • Year Built: 2003
  • NAV22_Room14Name: Master Bedroom
  • NAV22_Room4Name: Dining Area
  • NAV22_Room10Name: Master Bedroom
  • NAV22_ResortRentalYN: Yes
  • NAV22_Room8Name: Master Bedroom
  • NAV22_Room3Name: Master Bath
  • NAV22_Room7Name: Kitchen
  • NAV22_Room13Name: Master Bath
  • NAV22_Room2Name: Master Bedroom
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room6Name: Family Room
  • NAV22_Room12Name: Deck/Patio
  • NAV22_Room1Name: Family Room
  • NAV22_Room5Name: Master Bath
  • NAV22_Room11Name: Master Bath
  • NAV22_Room9Name: Deck
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: See Remarks, Electric Oven, Dryer, Dishwasher, Refrigerator w/Ice Maker, Washer, Disposal
  • Furnished: Furnished
  • Interior Amenities: Crown Molding, Ceiling Raised, Elevator, Walls Wainscoting
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace: No
  • Flooring: Tile
  • Living Area: 3867
  • Window Features: Window Treatments
  • Master Bedroom Features: Blinds, Master Downstairs
  • Master Bathroom Features: Separate Shower, Soaking Tub, Double Vanity, Tile Counters

Exterior Features

  • Exterior Features: Barbecue, Shore Beach, Outdoor Shower
  • Lot Features: Level
  • Roof: Metal
  • Pool Features: Heated, In Ground
  • Pool Private: Yes
  • View: Gulf, Water
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Stucco
  • Foundation Details: Pilings
  • Patio And Porch Features: Rear Porch, Balcony, Covered Deck
  • Property Condition: Construction Complete

Garage/Parking

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

Utilities

  • Cooling: Central Electric, Multi Units, Other, Ceiling Fan(s)
  • Heating: Central Electric
  • Sewer: Aerobic Septic
  • Utilities: Electricity Connected, Water Connected, Private Trash
  • Laundry Features: Washer/Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 45000
  • Additional Parcels: No
  • Parcel #: 2909S06W731700000010
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2019
Closed on
Nov 22, 2019
Sold by
1112 Egb Llc
Bought by
May Fred B and May Carolyn
Seller's Agent
Jeff Galloway
Jeff Galloway Real Estate
Buyer's Agent
Marilyn Bean
Century 21 Collins Realty, Inc
List Price
$2,599,000
Sold Price
$2,400,000
Premium/Discount to List
-$199,000
-7.66%
Current Estimated Value
$3,626,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,226,830
Avg. Annual Appreciation
7.20%

Purchase Details

Listed on
Jan 14, 2014
Closed on
Aug 14, 2014
Sold by
Haldopoulos Kleanthis C
Bought by
1112 Egb Llc
List Price
$1,749,000
Sold Price
$1,645,000
Premium/Discount to List
-$104,000
-5.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%
Original Mortgage
$1,150,000
Interest Rate
4.16%
Mortgage Type
Unknown

Purchase Details

Closed on
May 13, 2005
Sold by
Jeff Galloway and Mauldin Guy N
Bought by
Haldopoulos Kleanthis C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2005
Sold by
Jeff Galloway and Mauldin Guy N
Bought by
Haldopoulos Kleanthis C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2005
Sold by
Jeff Galloway and Mauldin Guy N
Bought by
Haldopoulos Kleanthis C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2003
Sold by
Grimsley George F and Grimsley Susan E
Bought by
Sims Claude D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2002
Sold by
Spector Mary L
Bought by
George Grimsley and George Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
6.53%
Mortgage Type
New Conventional
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
May Fred B $2,400,000 None Available
1112 Egb Llc $1,645,000 Attorney
Haldopoulos Kleanthis C $3,200,000 --
Haldopoulos Kleanthis C $3,200,000 Seaside Title Services Inc
Haldopoulos Kleanthis C $3,200,000 Seaside Title Services Inc
Haldopoulos Kleanthis C $3,200,000 Seaside Title Services Inc
Sims Claude D $1,176,500 --
George Grimsley $919,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1112 Egb Llc $1,150,000
Previous Owner Haldopoulos Kleanthis C $480,000
Previous Owner Haldopoulos Kleanthis C $2,080,000
Previous Owner Haldopoulos Kleanthis C $2,080,000
Previous Owner Sims Claude D $1,650,000
Previous Owner George Grimsley $1,250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2019 11/22/19 Sold $2,400,000 -7.7% $621 / Sq Ft
11/10/2019 11/10/19 Pending -- -- --
07/03/2019 07/03/19 For Sale $2,599,000 +58.0% $672 / Sq Ft
08/15/2014 08/15/14 Sold $1,645,000 -5.9% $401 / Sq Ft View Prior Sale
07/19/2014 07/19/14 Pending -- -- --
01/14/2014 01/14/14 For Sale $1,749,000 -- $427 / 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 $24,661 $2,848,496 $1,275,000 $1,573,496
2023 $24,520 $2,872,933 $1,275,000 $1,597,933
2021 $19,479 $1,836,591 $680,000 $1,156,591
2020 $19,971 $1,769,558 $680,000 $1,089,558
2019 $14,828 $1,303,803 $600,000 $703,803
2018 $14,430 $1,204,626 $0 $0
2017 $12,832 $1,054,626 $0 $0
2016 $12,247 $1,076,008 $0 $0
2015 $11,763 $1,076,008 $0 $0
2014 $9,635 $777,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 302122

Forgotten Coast REALTOR® Association

APN: 29-09S-06W-7317-0000-0010