NOT LISTED FOR SALE

801 E Gorrie Dr Eastpoint, FL 32328

Estimated Value: $1,022,202 - $1,519,000

8 Beds
4 Baths
2,600 Sq Ft
$488/Sq Ft Est. Value

Last Sold November 05, 2015

Last sale price $550,000 $212 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $7,213/month

496 Days on Market

Highlights

  • Airport or Runway
  • Community Boat Launch
  • Fishing
  • Beach
  • In Ground Pool
  • Resort Property

About This Home

As of November 2015

SGI 1st Tier Income Producer; 85,000+ 2014 GRI 4 Beach Bums Cottages on a St George Island 1st Tier corner lot. Quadraplex; each unit has 2BR and 1 Bath and tile floors. Semi-private pool and shared breezeway for picnics and sharing stories. Easy Beach access boardwalk just across the street. Rare opportunity on St George Island to live at the beach while receiving rental income. Or rent all four of these popular cottages. Completely renovated in 2000.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 150 x 100
  • Back Yard Fenced
  • Corner Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Shake Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,600 Sq Ft Home
  • Furnished
  • Vaulted Ceiling
  • Living Room
  • Combination Kitchen and Dining Room
  • Tile Flooring
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • Driveway
  • Open Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Central Air
  • Aerobic Septic System

Listing and Financial Details

  • Tax Lot 22-H-2
  • Assessor Parcel Number 2909S06W7312000H0220

Community Details

Overview

  • No Home Owners Association
  • Resort Property
  • Beach Bum Cottages Community
  • Gulf Beaches Units 1 5 Subdivision

Amenities

  • Community Gazebo
  • Community Barbecue Grill
  • Picnic Area
  • Airport or Runway
  • Laundry Facilities

Recreation

  • Community Boat Launch
  • Beach
  • Community Playground
  • Community Pool
  • Fishing

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1970 | Remodeled

Lot Details

0

Listing Details

  • Directions: East on Gorrie to the corner of E Gorrie and 8th St.
  • Prop. Type: Residential
  • Property Sub Type: Quadruplex,Dup/Tri/Quad (Multi-Unit)
  • Lot Size Acres: 0.3444
  • Lot Size: 150 x 100
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Gulf Beaches Units 1-5
  • Building Name: Beach Bum Cottages
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Structure Type: Quadruplex
  • Year Built: 1970
  • NAV22_Room4Name: Dining/Kitchen Combo
  • NAV22_Room10Name: Additional Bedroom
  • NAV22_ResortRentalYN: Yes
  • NAV22_Room8Name: Additional Bedroom
  • NAV22_Room3Name: Additional Bedroom
  • NAV22_Room7Name: Additional Bedroom
  • NAV22_Room2Name: Additional Bedroom
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room6Name: Living Room
  • NAV22_Room1Name: Additional Bedroom
  • NAV22_Room5Name: Additional Bedroom
  • NAV22_Room11Name: Additional Bedroom
  • NAV22_Room9Name: Deck/Patio
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Self Cleaning Oven, Refrigerator w/Ice Maker, Electric Oven
  • Furnished: Furnished
  • Interior Amenities: Vaulted Ceiling(s), Renovated
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Tile
  • Living Area: 2600

Exterior Features

  • Exterior Features: Barbecue, Renovated
  • Lot Features: Corner Lot, Subdivided
  • Roof: Shake, Shingle
  • Fencing: Back Yard
  • Pool Features: In Ground, None
  • Pool Private: No
  • View: Water, 1st Tier Gulf
  • View: Yes
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered Patio, Patio
  • Property Condition: Renovated, Construction Complete

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Assigned, Driveway
  • Total Parking Spaces: 6

Utilities

  • Cooling: Central Electric, Other
  • Sewer: Aerobic Septic
  • Utilities: Private Trash
  • Laundry Features: Common Area
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Airport/Runway, BBQ Pit/Grill, Beach, Boat Launch, Fishing, Pavillion/Gazebo, Picnic Area, Playground, Pool
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Lot Size Sq Ft: 15000
  • Additional Parcels: No
  • Parcel #: 2909S06W7312000H0220
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Lot: 22-H-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2014
Closed on
Nov 5, 2015
Sold by
Hayward Blake
Bought by
Bbc Ventures Llc
List Price
$560,000
Sold Price
$550,000
Premium/Discount to List
-$10,000
-1.79%
Current Estimated Value
$1,268,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$718,551
Avg. Annual Appreciation
8.57%

Purchase Details

Closed on
May 13, 2005
Sold by
Howard Blake S
Bought by
Coastline Properties Of North Fl

Purchase Details

Closed on
Apr 14, 2005
Sold by
Ann Hughes Leigh and Ann Miles
Bought by
Coastline Properties Of North Fl

Purchase Details

Closed on
Mar 1, 2005
Sold by
Ann Hughes Leigh and Ann Miles
Bought by
Coastline Properties Of North Fl

Purchase Details

Closed on
May 27, 2004
Sold by
Hayward Blake S
Bought by
Hughes Leigh A and Hughes Miles

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
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2004
Sold by
Hayward Blake S
Bought by
Hughes Leigh A and Hughes Miles

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
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2002
Sold by
Meeks and Tonia
Bought by
Hayward Blake S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$965,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2000
Sold by
E Park Inc
Bought by
Smith Ellis C and Smith Deborah A
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
Bbc Ventures Llc $550,000 Hayward Title Group
Coastline Properties Of North Fl $731,000 --
Coastline Properties Of North Fl $535,400 --
Coastline Properties Of North Fl $731,000 --
Coastline Properties Of North Fl $535,400 --
Coastline Properties Of North Fl $731,000 --
Coastline Properties Of North Florida Ll $16,829 None Available
Hughes Leigh A $600,000 --
Hughes Leigh A $600,000 --
Hayward Blake S $1,000,000 --
Smith Ellis C $266,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hughes Leigh A $480,000
Previous Owner Hughes Leigh A $480,000
Previous Owner Hayward Blake S $965,000
Closed Smith Ellis C $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2015 11/05/15 Sold $550,000 -1.8% $212 / Sq Ft
10/09/2015 10/09/15 Pending -- -- --
05/30/2014 05/30/14 For Sale $560,000 -- $215 / 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
2025 $6,806 $771,856 $480,000 $291,856
2024 $6,562 $775,089 $480,000 $295,089
2023 $6,475 $768,001 $480,000 $288,001
2021 $5,040 $468,519 $280,000 $188,519
2020 $5,266 $460,384 $270,000 $190,384
2019 $4,967 $422,249 $230,000 $192,249
2018 $4,845 $387,778 $0 $0
2017 $4,764 $382,778 $0 $0
2016 $4,764 $386,260 $0 $0
2015 $4,359 $351,260 $0 $0
2014 $4,010 $318,936 $0 $0
Source: Public Records

Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 251989

Forgotten Coast REALTOR® Association

APN: 29-09S-06W-7312-000H-0220