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$399,000 Just Listed

  • For Sale
  • Active
  • Lots/Land
  • Updated 1 day ago
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A sandy beach right on the Bay? Yes, please! Grace Bay is a small community of 6 lots, and it includes a 1.23 acre common area that abuts E Gulf Beach Drive. The lot is .93 acres and it is approximately 64' wide. Construction on a six slip community dock begins April, 2026. The relaxed HOA has no architectural control committee and building restrictions match those of Franklin County. It's the best of all worlds. Grace Bay lot 3 is also available - see MLS #No survey on file, but the environmental easement survey and environmental study are uploaded. Lot dimensions are approximate and all information should be verified by buyer. Lot 3 is also available - see MLS #326418

Full Property Details for 1605 E Gulf Beach Dr

General

  • Price: $399,000
  • HOA FEE: $83/month
  • HOA FEE FREQ.: Annually
  • Taxes: $2,170 (2025)
  • Status: Active
  • Type: Lots/Land
  • Source: 933
  • MLS ID: 326417
  • Updated: 2/18/2026
  • Added to Site: 2 day(s) ago

Location

  • Area: St. George Island
  • Subdivision: Grace Bay
  • Driving Directions: From the intersection of Island Drive and Gulf Beach Drive, turn left. Dive 3.5 miles and look from real estate sign on the left.

Community

  • Assoc. Fees Include: Accounting, Legal, Maintenance Grounds

Utilities

  • Water: Bay
  • Utility Description: Aerobic Needed, Cable Available, Electricity Available, Natural Gas Not Available, Phone Available, Sewer Not Available, Water Available

Structural Information

  • Exterior Const.: Bayfront

Lot Features

  • Lot Dimensions: 64 x 640
  • Lot Features: Boating Access, Covenants/Restrictions, Dead End, Deeded Water Access, Flood Insurance Required, Within 1/2 Mile of Water, Wooded

Water Features

  • Water Front: Yes
  • Water View: Yes

Financial Considerations

  • Association Fee: $1,000
  • Assoc Fee Freq.: Annually
  • Tax Amount: $2,170.36
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: As Is
  • Legal Description: Lot 5, Grace Bay, according to the map or plat thereof as recorded in Plat Book 8, Page 40, Public Records of Franklin County, Florida
  • Restrictions: CC&R, Recorded Plot
  • Property ID: 29-09S-06W-7359-0000-0050
  • Block/Lot/Section: Lot 5

Listed by St George Island Realty, LLC

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Listing agent

— 1605 E Gulf Beach Dr —

  • St George Island Realty, LLC

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1605 E Gulf Beach Dr

School District:Franklin County School District, Eastpoint, FL
NameGradesDistance
Franklin Virtual Instruction Program
85 School Road, Eastpoint, FL 32328
K-125.8 mi
Franklin County Schools Pk-12
1250 U.S. 98, Eastpoint, FL 32328
PK-126 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1605 E Gulf Beach Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/17/2026
Listed
$399,000
171.42%
MLS
5/02/2011
Sold
$147,007
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1605 E Gulf Beach Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,170
8%
$270,000
8%
2024
$2,008
1%
$250,000
—
2023
$1,994
19%
$250,000
35%
2022
$1,676
13%
$185,000
32%
2021
$1,478
-6%
$140,000
—
2020
$1,573
-3%
$140,000
—
2019
$1,615
-6%
$140,000
—
2018
$1,715
—
$140,000
—
2017
$1,708
-1%
$140,000
—
2014
$1,718
8%
$140,000
8%
2013
$1,584
—
$130,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by St George Island Realty, LLC

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1605 E Gulf Beach Dr, Saint George Island, FL 32328 (MLS# 326417) is a Lots/Land property with a lot size of acres. 1605 E Gulf Beach Dr is currently listed for $399,000 and was received on February 17, 2026. Want to learn more about 1605 E Gulf Beach Dr? Do you have questions about finding other Lots/Land real estate for sale in Saint George Island? You can browse all Saint George Island real estate or contact a Coldwell Banker agent to request more information.

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