NOT LISTED FOR SALE

508 W Gorrie Dr Saint George Island, FL 32328

Estimated Value: $1,667,000 - $2,028,000

4 Beds
2 Baths
1,426 Sq Ft
$1,276/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $1,489,000 $1,044 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $10,863/month

9 Days on Market

Highlights

  • Beach Front
  • Resort Property
  • Florida Architecture
  • Fishing
  • Gulf View
  • Engineered Wood Flooring

About This Home

As of June 2021

Classic beachfront cottage located on beautiful St George Island. The home, with an open floor plan, has 4 bedrooms, 2 baths and sits on a 100' foot wide beachfront lot in an area of the Island with high elevation and protective dunes. Very successful rental income producer with 2021 Gross Rental Income of over $121,000! Milled cypress Board and Batten siding, interior walls are "pecky" cypress, all windows and doors are impact rated, new plumbing in entire house, new Luxury Vinyl Plank flooring throughout, complete interior painting and granite counter tops. Renovation in late 2015 included, new dishwasher, refrigerator, washer, dryer, water heater, light fixtures, plumbing fixtures, ceiling fans, New deck and handrails replaced in 2018. HVAC replaced in 2017 and new blinds installed in 2020. Come take a look.

Last Agent to Sell the Property

David Bush

Fickling & Company License #3149199 Listed on: 04/14/2021

Last Buyer's Agent

Kara Landiss

Naumann Group Real Estate, Inc. - SGI License #3038439

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,708

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • 0.34 Acre Lot
  • Beach Front
  • Property fronts gulf or ocean
  • Coastal Setback
  • Landscaped
  • Cleared Lot
  • Zoning described as County

Home Design

  • Florida Architecture
  • Wood Foundation
  • Metal Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 1,426 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Paneling
  • Ceiling Fan
  • Great Room
  • Dining Area
  • Gulf Views
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Engineered Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Covered Parking

Outdoor Features

  • Outdoor Grill
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 2/19W/1 / 2/19W/1
  • Assessor Parcel Number 2909S06W7311019W0020

Community Details

Overview

  • No Home Owners Association
  • Resort Property
  • Three Little Birds Community

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,708

Year Built

Built in 1981 | Remodeled

Lot Details

0

Listing Details

  • Directions: From the center of St George Island travel west, turn left (south) on 5th Street. Right on West Gorrie. House on left.
  • Prop. Type: Residential
  • Building Stories: 1
  • 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: No Named Subdivision
  • Architectural Style: Florida
  • Building Name: Three Little Birds
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 1
  • Property Attached Yn: No
  • Year Built: 1981
  • NAV22_Room4Name: Laundry
  • NAV22_ResortRentalYN: Yes
  • NAV22_Room3Name: Additional Bedroom
  • NAV22_Room7Name: Additional Bedroom
  • NAV22_Room13Name: Dining Area
  • NAV22_Room2Name: Kitchen
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room6Name: Front Porch
  • NAV22_Room1Name: Master Bedroom
  • NAV22_Room15Name: Great Room
  • NAV22_Room5Name: Additional Bedroom
  • NAV22_Room11Name: Full Bath
  • NAV22_Room9Name: Full Bath
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Water Heater, Refrigerator w/Ice Maker
  • Furnished: Furnished
  • Has Basement: None
  • Interior Amenities: Lock Out Closet, Walls Paneled, Renovated
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Simulated Wood, Vinyl
  • Living Area: 1426
  • Window Features: Storm Window(s)

Exterior Features

  • Exterior Features: Barbecue, Renovated, Shore Beach
  • Lot Features: Landscaped, Coastal Setback, Survey Available, Cleared
  • Roof: Metal
  • Pool Features: None
  • Pool Private: No
  • View: Water, Gulf
  • View: Yes
  • Waterfront Features: Waterfront, Gulf
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Foundation Details: Pilings, Wood
  • Patio And Porch Features: Rear Porch
  • Property Condition: Renovated, Construction Complete

Garage/Parking

  • Attached Garage: No
  • Parking Features: Covered
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Electric, Ceiling Fan(s)
  • Heating: Central Electric
  • Sewer: Septic Tank
  • Utilities: Cable Available, Cable Connected, Internet Available, Tap Fee Paid, Phone Available, Water Available, Private Trash
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fishing
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Zoning: R-1
  • Lot Size Sq Ft: 15000
  • Additional Parcels: No
  • Parcel #: 2909S06W7311019W0020
  • Zoning Description: County
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7708
  • Tax Block: 2/19W/1
  • Tax Lot: 2/19W/1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
Jun 11, 2021
Sold by
Cerchiaro Michael P
Bought by
Sunshine Daydream Llc
Seller's Agent
David Bush
Fickling & Company
Buyer's Agent
Kara Landiss
Naumann Group Real Estate, Inc. - SGI
List Price
$1,499,000
Sold Price
$1,489,000
Premium/Discount to List
-$10,000
-0.67%
Current Estimated Value
$1,819,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,160
Avg. Annual Appreciation
5.25%
Original Mortgage
$1,042,300
Outstanding Balance
$947,774
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$902,696

Purchase Details

Listed on
Jun 3, 2015
Closed on
Oct 5, 2015
Sold by
Nunn Thomas D and Nunn Mary Therese
Bought by
Thompson Timothy L and Close Julie A
Seller's Agent
John Shelby
St George Island Realty, LLC
Buyer's Agent
David Bush
Fickling & Company
List Price
$725,000
Sold Price
$680,000
Premium/Discount to List
-$45,000
-6.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.85%
Original Mortgage
$89,250
Interest Rate
3.93%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 2, 2006
Sold by
Green John and Rupert Gretchen
Bought by
Nunn Thomas D and Nunn Mary Therese

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving
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
Sunshine Daydream Llc -- Florida Title Professional
Cerchiaro Michael P $1,489,000 Florida Title Professional
Thompson Timothy L $680,000 Attorney
Nunn Thomas D $1,450,000 Tarpon Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cerchiaro Michael P $1,042,300
Previous Owner Thompson Timothy L $89,250
Previous Owner Thompson Timothy L $417,000
Previous Owner Nunn Thomas D $440,000
Previous Owner Nunn Thomas D $1,000,000
Previous Owner Nunn Thomas D $305,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $1,489,000 -0.7% $1,044 / Sq Ft
04/25/2021 04/25/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $1,499,000 +120.4% $1,051 / Sq Ft
10/15/2015 10/15/15 Sold $680,000 -6.2% $477 / Sq Ft
08/27/2015 08/27/15 Pending -- -- --
06/03/2015 06/03/15 For Sale $725,000 -- $508 / 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 $12,325 $1,555,269 $1,225,000 $330,269
2023 $12,189 $1,541,439 $1,225,000 $316,439
2021 $8,139 $762,126 $585,000 $177,126
2020 $8,030 $706,420 $540,000 $166,420
2019 $8,084 $707,577 $540,000 $167,577
2018 $7,647 $616,520 $0 $0
2017 $7,566 $616,520 $0 $0
2016 $7,159 $618,097 $0 $0
2015 $6,574 $566,544 $0 $0
2014 $5,708 $457,322 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Bush

    Seller's Agent in 2021

    David Bush

    Fickling & Company

    (850) 445-0556

    51 in this area

    63 Total Sales

    David Bush
    Section Image
  • Kara Landiss

    Buyer's Agent in 2021

    Kara Landiss

    Naumann Group Real Estate, Inc. - SGI

    (850) 653-7753

    135 in this area

    160 Total Sales

    Kara Landiss
    Section Image

  • J

    Seller's Agent in 2015

    John Shelby

    St George Island Realty, LLC

    (850) 899-0108

    95 in this area

    98 Total Sales

    John Shelby
    Section Image

  • K

    Seller Co-Listing Agent in 2015

    Kristen Shelby

    St George Island Realty, LLC

    (850) 927-4777

    Kristen Shelby
    Section Image
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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 307542

Forgotten Coast REALTOR® Association

APN: 29-09S-06W-7311-019W-0020

Florida Franklin County Saint George Island 32328

508 W Gorrie Dr, Saint George Island, FL

This home is located at 508 W Gorrie Dr, Saint George Island, FL 32328 since 14 April 2021 and is currently estimated at $1,819,160, approximately $1,275 per square foot. This property was built in 1981. 508 W Gorrie Dr is a home located in Franklin County with nearby schools including Franklin County School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Forgotten Coast REALTOR® Association Property information provided by the FCRA MLS – a service of the Forgotten Coast REALTOR® Association.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.

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