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$400,000
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Property Description
A sandy beach right on the Bay? Yes, please! Grace Bay is a small community of 5 lots, and it includes a 1.23 acre common area that abuts E Gulf Beach Drive. Lot 5 is .93 acres, and it is approximately 64' wide. Construction on a six-slip community dock is complete. 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 # 326418. 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.
Full Property Details
Full Property Details for 1605 E Gulf Beach Dr
General
- Sold For: $400,000
- HOA FEE: $83/month
- HOA FEE FREQ.: Annually
- Taxes: $2,170 (2025)
- Status: Closed
- Type: Lots/Land
- Source: 933
- MLS ID: 326417
- Added to Site: 179 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
Sold by St George Island Realty, LLC
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Schools
Schools serving 1605 E Gulf Beach Dr
School District:Franklin County School District, Eastpoint, FL
| Name | Grades | Distance |
|---|---|---|
Franklin Virtual Instruction Program 85 School Road, Eastpoint, FL 32328 | K-12 | 5.8 mi |
Franklin County Schools Pk-12 1250 U.S. 98, Eastpoint, FL 32328 | PK-12 | 5.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1605 E Gulf Beach Dr
Date
Details
Price
Change
Source
8/13/2026
Sold
$400,000
-5.88%
MLS
3/28/2026
Price Increased
$425,000
6.52%
MLS
2/17/2026
Listed
$399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1605 E Gulf Beach Dr, Saint George Island, FL 32328 (MLS# 326417) is a Lots/Land property that was sold at $400,000 on August 13, 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.

