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USAFLSaint George IslandGulf Beaches Units 1-5163 E Gulf Beach Dr
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$990,000

Downstairs - 163 E Gulf Beach Dr, Saint George Island, FL

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Commercial
Levels Commercial Sale
Size 2070 sqft
Garage No
Maintenance Fees 
Taxes $4,249
Days Active 21
Approx. Age 2001
Avg. Price Per Sqft $478
MLS® Number 323922

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Looking for a proven investment opportunity? This well-maintained mixed-use property features a stable, long-term commercial tenant. The ground floor has been home to SUBWAY since 2005, with a current lease of $5, 000/month. The lease is triple net (NNN), so the tenant covers property taxes, insurance, and maintenance—offering minimal responsibility for the owner. The commercial space totals approximately 2, 070 square feet and has been consistently cared for, including a new roof installed and permitted in 2023 by Lloyd's Roofing of Tallahassee, a new HVAC system around 2021, and regular upkeep of the building and septic system. This listing is for the lower level only. However, the owner will also consider selling the upstairs condo, which is an additional income-producing property.Show Description
MLS® Number323922
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2001
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCeiling Electric, HVAC
A/CCentral Electric, Ceiling Fan(s), Heat Pump, HVAC, Multi Units
Heating Fuel

Extras

Negotiable

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