1

Saint George Island, FL Multifamily Home for Sale

Section Image
  • /22

    $825,000

    • 3 Beds
    • 3 Baths
    • 1,200 Sq Ft

    332 Patton Dr, Eastpoint, FL 32328

    INCOME PRODUCING PROPERTY! This property is the perfect for an investor looking to capitalize on todays short term rental market. Included in the sale of this property are 3 waterfront cottages, and an RV hookup, that had a GRI of $140,000 in 2023 and just over $100,000 in 2024. Additionally, these cottages are built to be mobile. In the event of a storm you could move these rental units offsite

    Cameron White Century 21 Collins Realty, Inc

    332 Patton Dr, Eastpoint, FL 32328

Why Live in Saint George Island

Saint George Island, located just south of Florida’s Panhandle between Apalachicola Bay and the Gulf of Mexico, is a serene coastal community known for its undeveloped, white sand beaches. With a population of around 1,000 residents, the island is almost entirely residential, featuring a range of beach homes from cozy cottages to luxury estates. The absence of high-rise buildings, except for the historic Cape St. George Lighthouse, ensures unobstructed coastal views for many homes. The island's 20 miles of dog-friendly beaches and multiple parks, including St. George Island State Park and Regatta Park, provide ample opportunities for outdoor activities such as camping, hiking, fishing, and kayaking. Dining options are primarily locally owned, with popular spots like Blue Parrot Oceanfront Café and Paddy’s Raw Bar. For major shopping, residents travel to Tallahassee or Panama City, both about 80 miles away. The island hosts annual events like the Fourth of July Parade and the St. George Island Charity Chili Cookoff, fostering a strong sense of community. While the local schools have mixed ratings, the island is safer than the national average and features a close-knit community that supports each other, especially during hurricane season. Public transportation is limited, with the nearest airport being Tallahassee International, approximately 80 miles away.

Home Trends in Saint George Island, FL

Housing Trends

Median Sale Price
$1,240,000
Median Single Family Sale Price
$1,388,000
Average Price Per Sq Ft
$714
Number of Homes for Sale
64
Last 12 months Home Sales
42
Months of Supply
18.30
Median List Price
$1,445,000
Median Change From 1st List Price
9%
Median Home Sale Price YoY Change
0%
How to Buy a Home How to Finance a Home How to Sell a Home