NOT LISTED FOR SALE

941 E Gorrie Dr Eastpoint, FL 32328

Estimated Value: $1,981,000 - $2,579,000

6 Beds
5.5 Baths
3,846 Sq Ft
$588/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $1,600,000 $416 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $13,343/month

2 Days on Market

Highlights

  • Beach
  • Fishing
  • Gulf View
  • Heated In Ground Pool
  • Resort Property
  • Covered Deck

About This Home

As of April 2021

STUNNING CUSTOM BUILT BEACHSIDE (FIRST TIER) HOME. GROSSES OVER $120,000 PER YEAR IN VACATION RENTAL PROGRAM. THIS IS YOUR CHANCE TO OWN A VERY NICE, LARGE BEACH HOME WITH MANY, MANY UPGRADES. THIS HOME WAS A LOCAL BUILDER'S PERSONAL HOME AND BUILDER SPARED NO EXPENSE. PLEASE ARRANGE FOR YOUR PRIVATE VIEWING. YOU WILL NOT BE DISAPPOINTED! TWO SEPARATE DINING AREAS, ELEVATOR, WATERFALL SHOWER IN MASTER BATHROOM, CUSTOM CABINETS, PRIVATE SWIMMING POOL, SCREENED ROOM BELOW THE HOME AND STUNNING VIEWS OF THE GULF OF MEXICO AND PRETTY BEACHES. THIS HOME IS SCHEDULED TO GROSS RENT BETWEEN 150,000 TO 200,000 IN WEEKELY RESORT RENTALS AND ALLOW YOU TO ENJOY THE HOME FOR PERSONAL USE. INCOME PRODUCING PROPERTY!!!

Last Agent to Sell the Property

Jeff Galloway

Jeff Galloway Real Estate License #689322 Listed on: 04/06/2021

Last Buyer's Agent

Barbara Iman

Jeff Galloway Real Estate License #704760

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,105

Year Built

  • Built in 2007

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 100 x 140
  • Property fronts an easement
  • Landscaped
  • Cleared Lot

Home Design

  • Beach House
  • Frame Construction
  • Metal Roof
  • Piling Construction

Interior Spaces

  • 3,846 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Crown Molding
  • Vaulted Ceiling
  • Window Treatments
  • Great Room
  • Dining Area
  • Screened Porch
  • Storage
  • Gulf Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Oven
  • Self-Cleaning Oven
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Security Lights
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Tuck Under Parking

Pool

  • Heated In Ground Pool
  • Outdoor Shower
  • Screen Enclosure

Outdoor Features

  • Balcony
  • Covered Deck
  • Patio
  • Outdoor Grill

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • Propane
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 17-I-2
  • Assessor Parcel Number 2909S06W7312000I0170

Community Details

Overview

  • No Home Owners Association
  • Association fees include recreational facilities
  • Resort Property
  • Built by Newman
  • Salty Kisses Community
  • Gulf Beaches Units 1 5 Subdivision

Amenities

  • Community Gazebo
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Beach
  • Community Playground
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,105

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Directions: EAST ON GORRIE DRIVE, HOUSE IS ON LEFT BETWEEN 9TH AND 10TH STREET
  • Inclusions: furnishings
  • Prop. Type: Residential
  • Building Stories: 2
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 0.33
  • Lot Size: 100 x 140
  • Road Frontage Type: County Road, Easement, See Remarks, Easements
  • Road Surface Type: Paved
  • Co List Office Mls Id: 274
  • Co List Office Phone: 850-927-2596
  • Subdivision Name: Gulf Beaches Units 1-5
  • Architectural Style: Beach House
  • Building Name: Salty Kisses
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 2
  • Efficiency: See Remarks
  • Property Attached Yn: No
  • Year Built: 2007
  • NAV22_Room14Name: Full Bath
  • NAV22_Room4Name: Full Bath
  • NAV22_Room10Name: Full Bath
  • NAV22_ResortRentalYN: Yes
  • NAV22_Room8Name: Full Bath
  • NAV22_Room3Name: Additional Bedroom
  • NAV22_Room7Name: Additional Bedroom
  • NAV22_Room13Name: Additional Bedroom
  • NAV22_Room2Name: Dining Area
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room6Name: Master Bath
  • NAV22_Room12Name: Full Bath
  • NAV22_Room1Name: Great Room
  • NAV22_Room15Name: Kitchen
  • NAV22_Room5Name: Master Bedroom
  • NAV22_Room11Name: Additional Bedroom
  • NAV22_Room9Name: Additional Bedroom
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Ice Maker, Refrigerator, Electric Oven, Dishwasher, Microwave, Electric Water Heater, Dryer, Self Cleaning Oven, Refrigerator w/Ice Maker, Washer, Exhaust Fan, Cooktop, Oven Continuous Clean, Range Hood
  • Furnished: Unfurnished
  • Has Basement: None
  • Interior Amenities: Pantry, Vaulted Ceiling(s), Breakfast Bar, Elevator, Storage, Breakfast Nook, Crown Molding, Ceiling Raised, Kitchen Island, Walk-In Closet(s)
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Wall to Wall, Tile
  • Living Area: 3846
  • Window Features: Window Treatments

Exterior Features

  • Exterior Features: Barbecue, Outdoor Shower
  • Lot Features: Landscaped, Improved Lot, Within 1/2 Mile of Water, Subdivided, Survey Available, Cleared, See Remarks
  • Other Structures: Other
  • Roof: Metal
  • Pool Features: Screen Enclosure, Heated, In Ground
  • Pool Private: Yes
  • View: Water, 1st Tier Gulf
  • View: Yes
  • Waterfront: No
  • Builder Name: Newman
  • Construction Type: Frame
  • Foundation Details: Pilings
  • Patio And Porch Features: Rear Porch, Patio, Balcony, Enclosed Patio, Porch, Covered Deck, Covered Patio, Front Porch, Deck, Screened
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Parking Features: Under House With Pad, See Remarks
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Electric, Multi Units
  • Heating: Central Electric
  • Sewer: Septic Tank
  • Utilities: Cable Available, Water Connected, Cable Connected, Propane, Electricity Available, Sewer Available, Underground Utilities, Electricity Connected, Phone Connected, Sewer Connected, Private Trash
  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s), Security Lights
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Beach Community, Picnic Area, BBQ Pit/Grill, Playground, Fishing, Pavillion/Gazebo, Beach
  • Association: No

Fee Information

  • Association Fee Includes: Recreational Facilities

Lot Info

  • Zoning: R-1
  • Lot Size Sq Ft: 14374.8
  • Additional Parcels: No
  • Parcel #: 2909S06W7312000I0170
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Lease Term: Daily/Weekly

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 10105
  • Tax Lot: 17-I-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2021
Closed on
Apr 29, 2021
Sold by
Iyer Ramchandran V and Balsubramanian Priya Rukmani
Bought by
Herrr
Seller's Agent
Jeff Galloway
Jeff Galloway Real Estate
Buyer's Agent
Barbara Iman
Jeff Galloway Real Estate
List Price
$1,499,000
Sold Price
$1,600,000
Premium/Discount to List
$101,000
6.74%
Current Estimated Value
$2,260,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$660,919
Avg. Annual Appreciation
7.99%

Purchase Details

Listed on
Oct 3, 2020
Closed on
Feb 25, 2021
Sold by
M Goss Llc
Bought by
Iyer Ramchandran V and Balasubramanian Priya Rukmani
Seller's Agent
Jeff Galloway
Jeff Galloway Real Estate
Buyer's Agent
Jeff Galloway
Jeff Galloway Real Estate
List Price
$1,299,000
Sold Price
$1,200,000
Premium/Discount to List
-$99,000
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Oct 9, 2019
Closed on
Aug 20, 2020
Sold by
Cross Max E
Bought by
M Goss Llc
Seller's Agent
Jeff Galloway
Jeff Galloway Real Estate
Buyer's Agent
Jeff Galloway
Jeff Galloway Real Estate
List Price
$1,199,000
Sold Price
$1,050,000
Premium/Discount to List
-$149,000
-12.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.65%
Original Mortgage
$853,959
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 26, 2015
Closed on
May 20, 2016
Sold by
Chason Teresa Diane Young
Bought by
Cross Max E
Seller's Agent
Jeff Galloway
Jeff Galloway Real Estate
List Price
$1,199,000
Sold Price
$910,000
Premium/Discount to List
-$289,000
-24.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.42%
Original Mortgage
$910,000
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 2, 2013
Closed on
Mar 8, 2013
Sold by
Collins D Conner
Bought by
Chason Teresa Diane Young
Seller's Agent
Jeff Galloway
Jeff Galloway Real Estate
Buyer's Agent
Jeff Galloway
Jeff Galloway Real Estate
List Price
$900,000
Sold Price
$900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.35%

Purchase Details

Listed on
Oct 3, 2012
Closed on
Nov 29, 2012
Sold by
Newman Deborah H
Bought by
Collins D Conner
Seller's Agent
Jeff Galloway
Jeff Galloway Real Estate
Buyer's Agent
Jeff Galloway
Jeff Galloway Real Estate
List Price
$599,000
Sold Price
$650,000
Premium/Discount to List
$51,000
8.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
233.77%

Purchase Details

Closed on
Nov 14, 2006
Sold by
Cash David
Bought by
Newman Deborah H

Purchase Details

Closed on
Jun 15, 2005
Sold by
Noel Stephen and Noel Elizabeth
Bought by
Cash David and Newman Deborah H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Interest Rate
5.66%
Mortgage Type
Construction

Purchase Details

Closed on
May 6, 2004
Sold by
Haberkern Joseph W and Haberkern Carol A
Bought by
Stephen Noel

Purchase Details

Closed on
May 5, 2004
Sold by
Haberkern Joseph W and Haberkern Carol A
Bought by
Stephen Noel
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
Herrr $1,600,000 Attorney
Iyer Ramchandran V $1,200,000 Attorney
M Goss Llc $1,050,000 Blue Title Llc
Cross Max E $910,000 Attorney
Chason Teresa Diane Young $900,000 Attorney
Collins D Conner $650,000 None Available
Newman Deborah H -- Attorney
Cash David $900,000 Attorney
Stephen Noel $650,000 --
Stephen Noel $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Iyer Ramchandran V $900,000
Previous Owner M Goss Llc $853,959
Previous Owner Cross Max E $910,000
Previous Owner Cash David $1,360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2021 04/29/21 Sold $1,600,000 +6.7% $416 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $1,499,000 +24.9% $390 / Sq Ft
03/01/2021 03/01/21 Sold $1,200,000 -7.6% $312 / Sq Ft View Prior Sale
01/05/2021 01/05/21 Pending -- -- --
10/04/2020 10/04/20 For Sale $1,299,000 +23.7% $338 / Sq Ft
08/20/2020 08/20/20 Sold $1,050,000 -12.4% $273 / Sq Ft View Prior Sale
07/03/2020 07/03/20 Pending -- -- --
10/22/2019 10/22/19 For Sale $1,199,000 +31.8% $312 / Sq Ft
05/20/2016 05/20/16 Sold $910,000 -24.1% $237 / Sq Ft View Prior Sale
05/03/2016 05/03/16 Pending -- -- --
12/28/2015 12/28/15 For Sale $1,199,000 +33.2% $312 / Sq Ft
03/08/2013 03/08/13 Sold $900,000 0.0% $234 / Sq Ft View Prior Sale
03/08/2013 03/08/13 Pending -- -- --
03/02/2013 03/02/13 For Sale $900,000 +38.5% $234 / Sq Ft
11/29/2012 11/29/12 Sold $650,000 +8.5% $169 / Sq Ft View Prior Sale
10/04/2012 10/04/12 Pending -- -- --
10/03/2012 10/03/12 For Sale $599,000 -- $156 / 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 $17,830 $1,956,117 $480,000 $1,476,117
2023 $16,620 $1,720,884 $480,000 $1,240,884
2021 $10,604 $995,728 $280,000 $715,728
2020 $11,747 $1,089,294 $270,000 $819,294
2019 $11,367 $1,060,700 $230,000 $830,700
2018 $10,105 $817,223 $0 $0
2017 $10,003 $812,223 $0 $0
2016 $10,105 $827,776 $0 $0
2015 $9,725 $792,776 $0 $0
2014 $9,799 $790,553 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 307441

Forgotten Coast REALTOR® Association

APN: 29-09S-06W-7312-000I-0170