NOT LISTED FOR SALE

509 Gorrie Dr E St. George Island, FL 32328

Estimated Value: $506,604 - $719,000

0.4 Acre
$1,525,522 Price per Acre
17,498 Sq Ft Lot

Last Sold June 03, 2019

Last sale price $315,000

Est. 95% increase in value since last sale

Current estimated payment $4,101/month

56 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • No HOA
  • Grass Covered Lot
  • Gulf View

About This Lot

As of June 2019

BEAUTIFUL FIRST TIER (BEACH SIDE) LOT WITH DIRECT LEGAL ACCESS TO THE GULF OF MEXICO AND STUNNING BEACH RIGHT IN FRONT OF THIS LOT. LOT RUNS FROM STREET TO STREET ( EAST GORRIE DR TO EAST GULF BEACH DRIVE. THIS LOT IS ONLY 100 FEET FROM CORNER OF 5TH STREET WHICH HAS A 100 FOOT WIDE UNBUILDABLE GULF FRONT LOT WHICH WILL AFFORD GREAT VIEWS TO THE SOUTH WEST AS WELL AS DIRECTLY IN FRONT OF THIS LOT FACING THE GULF OF MEXICO!!! CAN BUILD UP TO 47' FROM GRADE TO TOP OF ROOF LINE.

Last Agent to Sell the Property

Jeff Galloway

Jeff Galloway Real Estate License #689322 Listed on: 11/05/2018

Last Buyer's Agent

Jeff Galloway

Jeff Galloway Real Estate License #689322 Listed on: 11/05/2018

Property Details

Property Type

  • Land

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 100 x 175
  • Palmetto Ground Covering
  • Cleared Lot
  • Grass Covered Lot

Additional Features

  • Gulf Views
  • Septic Needed

Listing and Financial Details

  • Legal Lot and Block UNIT 1 BL 20 E LOT / UNIT 1 BL 20 E LOT
  • Assessor Parcel Number 2909S06W7310020E0020

Community Details

Overview

  • No Home Owners Association
  • Unit 1 East Subdivision

Recreation

  • Deeded Waterfront Access Rights

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Directions: 5TH STREET OFF EAST GULF BEACH DRIVE TOWARD BEACH, TURN LEFT ON EAST GORRIE, LOT IS ONLY 1 LOT EAST OF DEDICATED 100' BEACH FRONT LOT
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.4017
  • Lot Size: 100 x 175
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Unit 1 East
  • Special Features: None

Exterior Features

  • Lot Features: Cleared, Deeded Water Access, Sidewalks
  • View: 1st Tier Gulf, Water
  • View: Yes
  • Waterfront: No
  • Disclosures: See Remarks

Utilities

  • Sewer: Aerobic Needed, Septic Needed
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R-1
  • Lot Size Sq Ft: 17500
  • Additional Parcels: No
  • Parcel #: 2909S06W7310020E0020
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Block: UNIT 1 BL 20 E LOT
  • Tax Lot: UNIT 1 BL 20 E LOT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2024
Sold by
Addison Smith Mechanical Contractor Inc
Bought by
Eden Roc Llc
Current Estimated Value
$612,802

Purchase Details

Listed on
Nov 5, 2018
Closed on
May 30, 2019
Sold by
Warner James G and James G Warner Revocable Trust
Bought by
Brewer Timothy R
Seller's Agent
Jeff Galloway
Jeff Galloway Real Estate
Buyer's Agent
Jeff Galloway
Jeff Galloway Real Estate
List Price
$329,000
Sold Price
$315,000
Premium/Discount to List
-$14,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.61%

Purchase Details

Listed on
Apr 29, 2017
Closed on
Jun 15, 2017
Sold by
Lewis James W and Vitale Lewis Phyllis A
Bought by
Warner James G and James G Warner Revocable Trust
Seller's Agent
Kara Landiss
Naumann Group Real Estate, Inc. - SGI
Buyer's Agent
John Shelby
St George Island Realty, LLC
List Price
$299,000
Sold Price
$289,000
Premium/Discount to List
-$10,000
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Original Mortgage
$216,750
Interest Rate
3.27%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Eden Roc Llc $100 None Listed On Document
Brewer Timothy R $315,000 Attorney
Warner James G $289,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Warner James G $216,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2019 06/03/19 Sold $315,000 -4.3% --
01/02/2019 01/02/19 Pending -- -- --
11/06/2018 11/06/18 For Sale $329,000 +13.8% --
06/19/2017 06/19/17 Sold $289,000 -3.3% -- View Prior Sale
05/05/2017 05/05/17 Pending -- -- --
04/30/2017 04/30/17 For Sale $299,000 -- --
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
2025 $10,796 $1,155,789 $480,000 $675,789
2024 $3,944 $480,000 $480,000 --
2023 $3,912 $480,000 $480,000 $0
2021 $2,965 $280,000 $280,000 $0
2020 $3,043 $270,000 $270,000 $0
2019 $2,664 $230,000 $230,000 $0
2018 $2,766 $225,000 $0 $0
2017 $2,694 $220,000 $0 $0
2016 $2,566 $220,000 $0 $0
2015 $2,257 $185,000 $0 $0
2014 $2,122 $175,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jeff Galloway

    Jeff Galloway Real Estate

    (850) 323-1500

    91 in this area

    136 Total Sales

    Jeff Galloway
    Section Image
  • Kara Landiss

    Seller's Agent in 2017

    Kara Landiss

    Naumann Group Real Estate, Inc. - SGI

    (850) 653-7753

    123 in this area

    147 Total Sales

    Kara Landiss
    Section Image

  • J

    Buyer's Agent in 2017

    John Shelby

    St George Island Realty, LLC

    (850) 899-0108

    82 in this area

    84 Total Sales

    John Shelby
    Section Image
See All Agents

Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 300159

Forgotten Coast REALTOR® Association

APN: 29-09S-06W-7310-020E-0020

Florida Franklin County Saint George Island 32328

509 Gorrie Dr E, Saint George Island, FL

Not Listed for Sale

Lots

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

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