NOT LISTED FOR SALE

957 Gorrie Dr E Saint George Islan, FL 32328

Estimated Value: $505,890 - $587,000

0.34 Acre
$1,586,658 Price per Acre
15,002 Sq Ft Lot

Last Sold March 30, 2021

Last sale price $379,000

Est. 44% increase in value since last sale

Current estimated payment $3,816/month

47 Days on Market

About This Lot

As of March 2021

Fabulous First Tier Lot on the East Side of Island. 100 ft. x 150 ft.lot size has plenty of space for a large house and pool. Beachfront houses are already built so you will know where to site your house to take advantage of the best Gulf Views. This lot used to have a house on it, but it was moved away. The Driveway on the property will allow you to pull in and imagine your beach house. Platted 8 foot wide beach easement directly across the street which will put the beach less than 200 feet from this property. This site was NOT inundated during Hurricane Michael in 2018. This lot would easily accommodate a 3,500 square foot house (and a pool) that could sleep 12 to 14 and generate around $100,000 in gross vacation rental income. Come see this great 1st tier lot.

Last Agent to Sell the Property

John Shelby

St George Island Realty, LLC License #595124 Listed on: 01/02/2021

Last Buyer's Agent

Fay Armstrong

Coldwell Banker Hartung License #3316597

Coldwell Banker Hartung

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,944

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100 x 150

Property Views

  • Gulf Views

Community Details

  • No Home Owners Association
  • Gulf Beaches Units 1 5 Subdivision

Listing and Financial Details

  • Legal Lot and Block Lot 15 Blk I Unit 2 / Lot 15 Blk I Unit 2
  • Assessor Parcel Number 2909S06W7312000I0150

Property Details

Property Type

Land

Est. Annual Taxes

$2,944

Lot Details

0

Listing Details

  • Directions: From center of island, drive East on Gulf Beach Drive, right onto 9th Street, left onto E Gorrie Drive, Lot is midway down on left side of block.
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.3444
  • Lot Size: 100 x 150
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Gulf Beaches Units 1-5
  • Special Features: None

Exterior Features

  • Lot Features: Within 1/2 Mile of Water
  • View: 1st Tier Gulf, Water
  • View: Yes
  • Waterfront: No
  • Disclosures: County Zoning

Utilities

  • Sewer: Aerobic Needed

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 15000
  • Additional Parcels: No
  • Parcel #: 2909S06W7312000I0150
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2943.97
  • Tax Block: Lot 15 Blk I Unit 2
  • Tax Lot: Lot 15 Blk I Unit 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2024
Sold by
Bassett Robert and Bassett Faith
Bought by
Island Memories Vacation Rentals Llc
Current Estimated Value
$546,445

Purchase Details

Listed on
Jan 2, 2021
Closed on
Mar 29, 2021
Sold by
Guinee Michelle K
Bought by
Bassett Robert and Bassett Faith
Seller's Agent
John Shelby
St George Island Realty, LLC
Buyer's Agent
Fay Armstrong
Coldwell Banker Hartung
List Price
$379,000
Sold Price
$379,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%
Original Mortgage
$341,100
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 19, 2010
Sold by
Coastal Land Company Of Nw Florida Llc
Bought by
Guinee Michelle K

Purchase Details

Closed on
Mar 28, 2008
Sold by
Khimani Husein S
Bought by
Apalachicola State Bank

Purchase Details

Closed on
Jul 12, 2004
Sold by
Hodges Jeff W
Bought by
Husein Khimani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.25%

Purchase Details

Closed on
Jul 6, 2004
Sold by
Hodges Jeff W
Bought by
Husein Khimani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.25%
Source: Public Records
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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
Island Memories Vacation Rentals Llc $640,000 None Listed On Document
Island Memories Vacation Rentals Llc $640,000 None Listed On Document
Bassett Robert $379,000 Attorney
Guinee Michelle K $175,000 Dodd Title Company Inc
Apalachicola State Bank -- Attorney
Husein Khimani $700,000 --
Husein Khimani $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bassett Robert $341,100
Previous Owner Husein Khimani $200,000
Previous Owner Husein Khimani $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2021 03/30/21 Sold $379,000 0.0% --
02/19/2021 02/19/21 Pending -- -- --
01/02/2021 01/02/21 For Sale $379,000 -- --
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 $11,512 $1,240,872 $480,000 $760,872
2024 $4,210 $480,000 $480,000 --
2023 $4,166 $480,000 $480,000 $0
2021 $2,956 $280,000 $280,000 $0
2020 $2,944 $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 $2,158 $175,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 306584

Forgotten Coast REALTOR® Association

APN: 29-09S-06W-7312-000I-0150