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About This Home

This 2-bedroom, 2-bathroom condo at 240 W Gorrie Dr in Saint George Island, FL is listed for $714,900 ($577 per sqft). Built in 1981, the home offers 1,240 sqft of living space on a N/A lot.

Agent 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.

Key Features

  • Built in 1981
  • 2 stories
  • 2 parking spaces
  • Private pool

Property Details

2 stories
2 full
2 spaces
#E-4
1981

Amenities

PoolViewA/C

Monthly Cost Estimate

$4,931/mo

20% down · 6.5% · 30 years

Principal$517
Interest$3,098
Insurance$209
HOA$1,108

Estimates only. Actual payments may vary.

Location

240 W Gorrie Dr

Saint George Island, FL 32328

Villas Of St George

Features & Amenities

Interior Features

Lock Out Closet

Exterior Features

BarbecueShore BeachOutdoor Shower

Property Details

Flooring

Tile

Construction

Block Concrete

Views

Water

Pool Features

Deck

Heating

CentralElectric (Heating)Heat Pump (Heating)

Cooling

Ceiling Fan(s)ElectricCentral Air

Appliances

CooktopDishwasherDryerElectric OvenElectric Water HeaterIce MakerMicrowaveRefrigerator w/Ice MakerWasher

Questions & Answers

This 2-bedroom, 2-bathroom condo at 240 W Gorrie Dr is listed at $714,900 ($577/sqft). The estimated monthly payment is $4,206 based on 20% down at 6.5% interest.

HOA fees are $1108/month.

Key features include: Built in 1981, 2 stories, 2 parking spaces, Private pool. Interior Features: Lock Out Closet. Exterior Features: Barbecue, Shore Beach, Outdoor Shower.

This property is listed by Byrd Coastal Team and can be reached at 8507289868 or alanb@bpfla.com.

BT

Byrd Coastal Team

Agent at Berkshire Hathaway Homeservices - Sgi

(850) 728-9868

Listed by Berkshire Hathaway Homeservices - Sgi · View on Broker Site

MLS# 328028· Source: listhub· Updated today

Copyright © 2026 Forgotten Coast Realtor Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

240 W Gorrie Dr, Saint George Island, FL 32328

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