240 W Gorrie Dr Unit E-4, St. George Island, FL 32328

$714,900
2
BD
2
BA
1,240
SqFt

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List Price
$714,900
Status
ACTIVE
MLS#
328028
Bedrooms
2
Bathrooms Total
2
Full Baths
2
Living Area
1,240
Region
St. George Island
Subdivision
Gulf Beaches

Property Description

Strong income potential and hassle-free ownership come together in Unit E-4 at the Villas of St. George, a rare townhouse-style condo in one of St. George Island's most desirable gulf-front communities. Located just steps from the beach and within walking distance of the island's restaurants, shops, and entertainment, this 2-bedroom, 2-bath unit offers the kind of location vacation renters actively seek. Offered fully furnished and turnkey, Unit E-4 is ready to go from day one, making it an ideal opportunity for buyers looking to step into the short-term rental market without the delay and expense of furnishing or updating. The bright coastal interior, courtyard and pool views, direct beach access, and beachfront community pool all add to its guest appeal and rental performance potential. From an ownership standpoint, the value here is hard to ignore. HOA dues cover wind, fire, and flood insurance, as well as trash service, internet, cable TV, and grounds maintenance—helping reduce the complexity of ownership and making operating expenses more predictable. Similar units in the community have reportedly generated approximately $75,000 to $85,000 in annual rental income, making this a compelling option for investors seeking both cash flow potential and long-term coastal asset value. Whether you plan to self-manage or use a professional rental company, this condo is positioned to perform. For buyers looking to secure an income-producing property in a proven vacation rental market, Unit E-4 offers location, convenience, and strong upside in the heart of St. George Island.

Additional Information

Hoa Fee
$1,108
Hoa Term
Monthly
Year Built
1981
Levels
Two
Exterior Features
Barbecue, Shore Beach, Outdoor Shower
Interior Features
Lock Out
Parking Spaces
2

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Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway Homeservices - Sgi.