NOT LISTED FOR SALE

1224 E Gulf Beach Dr Eastpoint, FL 32328

Estimated Value: $1,399,000 - $1,412,000

4 Beds
3 Baths
1,862 Sq Ft
$756/Sq Ft Est. Value

Last Sold December 31, 2024

Last sale price $1,407,500 $756 Per Sq Ft

Current estimated payment $8,206/month

387 Days on Market

Highlights

  • Heated Pool
  • 1.05 Acre Lot
  • Newly Painted Property
  • Gulf View
  • Deck
  • Vaulted Ceiling

About This Home

As of December 2024

Motivated seller considering all offers on 1224 E Gulf Beach Drive. This exceptional home is a rare find. With renovations now finalized, it offers a projected cap rate of 10%. This property is fully prepared for rental, allowing for immediate occupancy without any delays. Strengthen your investment portfolio with this remarkable purchase. With its final price reduction, this stunning first-tier beach home on picturesque St. George Island has stood the test of time and presents a remarkable opportunity for discerning buyers. Nestled in the enclave community of Dunes at St. George, this home offers wonderful gulf views, a private heated pool, and new kitchen cabinets and butcher block countertops completing the thoughtfully planned renovations on this gorgeous home. Boasting four bedrooms, three baths, and ample space to accommodate 12 overnight guests, every turn offers the epitome of comfort, style, and natural beauty. Wake up to the breathtaking sight of the sun sparkling on the Gulf of Mexico and savor the tranquil surroundings that this 1.05-acre corner lot provides. The open design seamlessly connects the kitchen, dining area, family room, and enclosed screened porch, creating the perfect space for entertaining and relaxation. Abundant natural light bathes the interior of the house. Located on the quiet gulf side-east end of SGI, this home offers tranquility and privacy, allowing you to escape the hustle and bustle of everyday life and immerse yourself in the serene beauty of the surroundings. The sound of the waves crashing against the shore and the gentle sea breeze will be your constant companions. In addition to its stunning location, this home offers a host of features designed to enhance anyone's beach-life experience. From spacious bedrooms providing a peaceful retreat to well-appointed bathrooms offering a touch of luxury, every detail has been carefully considered. Don't miss out on the chance to own a slice of paradise on St. George Island. Whether seeking a permanent residence, a vacation home, or an outstanding income-producing investment opportunity, this remodeled property has it all. Schedule your private showing today and start exploring all that St. George Island and the surrounding Forgotten Coast communities have to offer!

Last Agent to Sell the Property

Kellie Clements

Compass License #3428314 Listed on: 11/03/2023

Compass

Last Buyer's Agent

Test Test

ECN - Unknown Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,334

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • 1.05 Acre Lot
  • Lot Dimensions are 155 x 295
  • Partially Fenced Property
  • Corner Lot
  • Cleared Lot

Home Design

  • Beach House
  • Newly Painted Property
  • Metal Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 1,862 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Window Treatments
  • Family Room
  • Dining Room
  • Screened Porch
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Painted or Stained Flooring
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Carport
  • Golf Cart Parking

Pool

  • Heated Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Outdoor Kitchen
  • Built-In Barbecue

Utilities

  • Central Heating and Cooling System
  • Multiple Water Heaters
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Dunes Of St. George Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-09S-06W-7328-0000-0020

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,334

Year Built

Built in 1981 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 1.05
  • Lot Size: 155 x 295
  • Road Surface Type: Paved
  • Subdivision Name: Dunes of St. George
  • Directions: From the intersection of Franklin Boulevard South and East Gulf Beach Drive, travel east 2.3 miles. Turn right to enter driveway from the side of corner lot. Signs coming soon the East Gulf Breeze Drive and at the driveway.
  • Architectural Style: Beach House
  • Carport Y N: Yes
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1981
  • Remarks Misc:Remarks: Motivated seller considering all offers on 1224 E Gulf Beach Drive. This exceptional home is a rare find. With renovations now finalized, it offers a projected cap rate of 10%. This property is fully prepared for rental, allowing for immediate occupancy without any delays. Strengthen your investment portfolio with this remarkable purchase. With its final price reduction, this stunning first-tier beach home on picturesque St. George Island has stood the test of time and presents a remarkable opportunity for discerning buyers. Nestled in the enclave community of Dunes at St. George, this home offers wonderful gulf views, a private heated pool, and new kitchen cabinets and butcher block countertops completing the thoughtfully planned renovations on this gorgeous home.
  • Utilities Electric: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Screened Porch: Yes
  • Energy:Storm Windows: Yes
  • Rooms:Family Room: Yes
  • Energy:Storm Doors: Yes
  • Energy:Water Heater - Two: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Interior Amenities: Breakfast Bar, Ceiling Vaulted, Floor Vinyl, Furnished - All, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Renovated, Split Bedroom, Window Treatment All, Woodwork Painted
  • Window Features: Double Pane Windows, Storm Window(s)
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Floor Vinyl: Yes
  • Interior:Split Bedroom: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Newly Painted: Yes
  • Interior:Woodwork Painted: Yes

Exterior Features

  • Lot Features: Cleared, Corner
  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Foundation On Piling, Roof Metal, Siding CmntFbrHrdBrd
  • Exterior Features: BBQ Pit/Grill, Deck Open, Fenced Lot-Part, Patio Covered, Pool - Heated, Porch Screened, Renovated, Shower, Summer Kitchen
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Fenced Lot-Part: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Lot Features:Cleared: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Deck Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Shower: Yes
  • Exterior:Porch Screened: Yes
  • Lot Features:Corner: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:Summer Kitchen: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, Covered, Golf Cart Covered
  • General Property Info:Garage2: No
  • Parking Features:Carport3: Yes
  • Parking Features:Covered: Yes
  • Parking Features:Golf Cart Covered: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Water, TV Cable, Other
  • Utility: Yes

Schools

  • Elementary School: Not Available
  • High School: Not Available
  • Middle Or Junior School: Not Available

Lot Info

  • Lot Size Sq Ft: 45738.0
  • Parcel #: 29-09S-06W-7328-0000-0020
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7333.51
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2023
Closed on
Dec 30, 2024
Sold by
Tiger Beach Llc
Bought by
Sgisd Llc
Seller's Agent
Kellie Clements
Compass
Buyer's Agent
Test Test
ECN - Unknown Office
List Price
$2,100,000
Sold Price
$1,407,500
Premium/Discount to List
-$692,500
-32.98%
Views
92
Current Estimated Value
$1,407,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39
Avg. Annual Appreciation
0.00%
Original Mortgage
$904,000
Outstanding Balance
$896,063
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$511,476

Purchase Details

Listed on
Jun 20, 2022
Closed on
Feb 9, 2023
Sold by
Milton Dianne P
Bought by
Tiger Beach Llc
Seller's Agent
David Bush
Fickling & Company
List Price
$1,535,000
Sold Price
$1,335,000
Premium/Discount to List
-$200,000
-13.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.84%
Original Mortgage
$640,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 23, 2021
Closed on
Sep 7, 2021
Sold by
Beach Please Llc
Bought by
Milton Dianne P
Seller's Agent
David Bush
Fickling & Company
Buyer's Agent
David Bush
Fickling & Company
List Price
$1,195,000
Sold Price
$1,161,000
Premium/Discount to List
-$34,000
-2.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%
Original Mortgage
$451,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2020
Sold by
Jsmith Enterprises Inc
Bought by
Beach Please Llc

Purchase Details

Listed on
Nov 18, 2018
Closed on
Mar 26, 2019
Sold by
Oxford Nancy C
Bought by
Jsmith Enterprises Inc
Seller's Agent
Charles Watson
Century 21 Collins Realty, Inc
Buyer's Agent
David Bush
Fickling & Company
List Price
$649,500
Sold Price
$555,000
Premium/Discount to List
-$94,500
-14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.76%

Purchase Details

Listed on
Aug 20, 2013
Closed on
Oct 7, 2013
Sold by
Bell Vance D and Bell Jennifer W
Bought by
Oxford Nancy C
Seller's Agent
Marilyn Bean
Century 21 Collins Realty, Inc
List Price
$559,000
Sold Price
$539,000
Premium/Discount to List
-$20,000
-3.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.54%

Purchase Details

Closed on
Aug 6, 2002
Sold by
Benjamin Massey T and Benjamin Bylee H
Bought by
Bell Vance D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
6.53%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sgisd Llc $1,407,500 None Listed On Document
Sgisd Llc $1,407,500 None Listed On Document
Tiger Beach Llc $1,335,000 --
Milton Dianne P $1,161,000 Attorney
Beach Please Llc -- Attorney
Jsmith Enterprises Inc $555,000 Attorney
Oxford Nancy C $539,000 Tallahassee Title Group Llc
Bell Vance D $595,000 Dodd Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sgisd Llc $904,000
Closed Sgisd Llc $904,000
Previous Owner Tiger Beach Llc $640,000
Previous Owner Milton Dianne P $451,000
Previous Owner Bell Vance D $595,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2024 12/31/24 Sold $1,407,500 +0.5% $756 / Sq Ft
11/24/2024 11/24/24 Pending -- -- --
10/11/2024 10/11/24 Price Changed $1,400,000 -6.7% $752 / Sq Ft
09/22/2024 09/22/24 Price Changed $1,500,000 -5.1% $806 / Sq Ft
08/15/2024 08/15/24 Price Changed $1,580,000 -6.0% $849 / Sq Ft
05/10/2024 05/10/24 Price Changed $1,680,000 -15.6% $902 / Sq Ft
03/29/2024 03/29/24 Price Changed $1,990,000 +4.7% $1,069 / Sq Ft
03/29/2024 03/29/24 Price Changed $1,900,000 -9.5% $1,020 / Sq Ft
11/03/2023 11/03/23 For Sale $2,100,000 +57.3% $1,128 / Sq Ft
02/10/2023 02/10/23 Sold $1,335,000 -13.0% $717 / Sq Ft View Prior Sale
01/10/2023 01/10/23 Pending -- -- --
06/20/2022 06/20/22 For Sale $1,535,000 +32.2% $824 / Sq Ft
09/07/2021 09/07/21 Sold $1,161,000 -2.8% $624 / Sq Ft View Prior Sale
07/26/2021 07/26/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $1,195,000 +115.3% $642 / Sq Ft
03/29/2019 03/29/19 Sold $555,000 -14.5% $317 / Sq Ft View Prior Sale
02/21/2019 02/21/19 Pending -- -- --
11/18/2018 11/18/18 For Sale $649,500 +20.5% $371 / Sq Ft
10/07/2013 10/07/13 Sold $539,000 -3.6% $260 / Sq Ft View Prior Sale
09/06/2013 09/06/13 Pending -- -- --
08/20/2013 08/20/13 For Sale $559,000 -- $270 / Sq Ft
Source: Emerald Coast Association of REALTORS®

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
2025 $9,971 $1,066,668 $350,000 $716,668
2024 $10,828 $1,145,760 $350,000 $795,760
2023 $8,287 $854,871 $350,000 $504,871
2022 $7,639 $754,121 $280,000 $474,121
2021 $5,833 $543,674 $250,000 $293,674
2020 $6,182 $541,897 $230,000 $311,897
2019 $5,209 $544,383 $230,000 $314,383
2018 $4,775 $450,498 $0 $0
2017 $4,564 $450,498 $0 $0
2016 $4,369 $453,888 $0 $0
2015 $4,184 $443,888 $0 $0
2014 $3,824 $400,582 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 935855

Emerald Coast Association of REALTORS®

APN: 29-09S-06W-7328-0000-0020