Address
163 E Gulf Beach Drive, St George Islan, FL
Price
$ 1,872,000
Property Attributes
- MLS#369630
- TypeCommercial
- CountyFRANKLIN
- CitySt George Islan
- AreaFranklin
- NeighborhoodSt. George Island
- Zip32328
- StyleBusiness
- Price$ 1,872,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4140
- Lot Size6,534 SqFt
Data Source:
Tallahassee MLS (TBRMLS)
Property Description
Want to have a money making investment and a residence on a beautiful island? The SUBWAY has been here since 2005 and wants to stay indefinitely. Income is very stable. The SUBWAY has approx. 2070 square feet. The second floor is a large residence also with 2070 sq. ft, for a building total of 4140 sq. ft. Zoning allows for both business and residence. Residence has two large living areas, including a beautiful GREAT room, three large bedrooms and two full bathrooms. This appears to be one of the largest condos on the island. The SUBWAY rent alone is $4000/month. A SUBWAY national lease will be used. The building has been grandfathered for flood insurance, so the price is only $2600. The Subway portion has a new HVAC installed approx. 2021. Regular maintenance has been done on the building and the septic system. A new roof was installed and permitted in 2023 by Lloyd's Roofing of Tallahassee.
| Price History | |
|---|---|
| 3/13/2024 | Listed $1,872,000 |
General Features
| Property SubType | Business |
|---|---|
| County | Franklin |
| New Construction | No |
| Property Type | CommercialSale |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Subdivision Name | St. George Island |
| Garage Y/N | No |
| Status | Active |
| ModificationTimestamp | 2024-03-20T06:12:21.903-00:00 |
| City | ST GEORGE ISLAN |
| View Y/N | No |
| Senior Community Y/N | No |
| Total Units | 2 |
| MLS Area | Franklin |
| Private Pool | No |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Gulf Beach |
| Property Attached Y/N | No |
| Land Lease Y/N | No |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Days on Market | 7 |
| Standard Status | Active |
| Tax Lot | 1 & |
| Property Sub Type Additional | Business |
| MobileHomeRemainsYN | No |
Interior Features
| Basement (Y/N) | No |
|---|---|
| Air Conditioning Y/N | No |
| Heating Y/N | No |
| Fireplace Y/N | No |
| Street Suffix | Drive |
| Electric On Property Y/N | No |
Exterior Features
| Spa | No |
|---|---|
| Building Area Total | 4140.0 |
| Lot Size Acres | 0.15 |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 32328
Price
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The Tallahassee Board of REALTORS® Inc Data on this site was last updated: May 19, 2024 12:27 AM UTC
