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$714,900 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,240 Sq. Ft.
  • Updated 1 day ago
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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.

Full Property Details for 240 W Gorrie Dr #E-4

General

  • Price: $714,900
  • HOA FEE: $1,108/month
  • Status: Active
  • Type: Condo
  • Source: 933
  • MLS ID: 328028
  • Updated: 4/13/2026
  • Added to Site: 1 day(s) ago

Interior

  • Rooms/Areas: Drapes
  • Interior Features: Drapery Rods, Lock Out Closet, Washer/Dryer Hookup
  • Appliances: Cooktop, Dishwasher, Dryer, Electric Oven, Electric Water Heater, Ice Maker, Microwave, Refrigerator w/Ice Maker, Washer
  • Furnishings: Furnished
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Pool: Yes
  • Pool Description: Gunite, In Ground

Exterior

  • Exterior Features: BBQ Pit/Grill, Landscaped, Shore Beach, Shower, Sprinkler System
  • Porch/Patio/Deck: Balcony, Covered Deck

Parking

  • Parking Features: Space/Unit

Location

  • Area: St. George Island
  • Subdivision: Villas of St George
  • Driving Directions: Traveling west from the lighthouse on W. Gorrie Drive, Villas of St. George are on the left immediately past Buccaneer Inn.

Community

  • Assoc. Fees Include: Accounting, Cable TV, Insurance, Internet, Legal, Management, Maintenance Exterior, Maintenance Grounds, Outdoor Lights, Pest Control, Reserve Fund, Sewer, Trash, Water

Heating & Cooling

  • Cooling Type: Central Air, Electric
  • Heating Type: Central, Electric, Heat Pump

Utilities

  • Sewer: Community Sewer
  • Water: Public
  • Utility Description: Cable Connected, Electricity Connected, Internet Available, Phone Available, Sewer Connected, Water Connected

Structural Information

  • Architectural Style: 2+ Story, Condo, Mediterranean
  • Construction Status: Construction Complete
  • Exterior Const.: Block, Concrete
  • Basement Desc.: None
  • Stories/Levels: 2
  • Square Feet: 1,240
  • Living Area: 1,240 Sq. Ft.
  • Year Built: 1981

Unit Information

  • Occupancy Rate: Vacant

Lot Features

  • Lot Dimensions: NA
  • Lot Features: Covenants/Restrictions, Dedicated Beach, Water View, Waterfront

Water Features

  • Water View: Yes

Financial Considerations

  • Association Fee: $1,108
  • Assoc Fee Freq.: Monthly
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: As Is
  • Legal Description: UNIT 1 BL 10W CONDO E-4 OR/182/285 ST GEORGE ISLAND OR 271/257 429/69 1281/461
  • Property ID: 29-09S-06W-7311-010W-E040
  • Block/Lot/Section: UNIT 1 BL 10W E-4

Listed by Berkshire Hathaway HomeServices - SGI

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Listing agent

— 240 W Gorrie Dr #E-4 —

  • Berkshire Hathaway HomeServices - SGI

Get Pre-Approved Today

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

Price & Sales History for 240 W Gorrie Dr #E-4 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/13/2026
Listed
$714,900
157.16%
MLS
2/07/2013
Sold
$278,000
—
Public Record
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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 240 W Gorrie Dr #E-4

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,825
5%
$620,001
3%
2024
$4,589
9%
$603,501
17%
2023
$4,194
22%
$515,001
63%
2021
$3,430
5%
$315,961
—
2022
$3,256
-5%
$315,961
—
2021
$3,430
-5%
$315,960
8%
2019
$3,596
8%
$291,700
10%
2018
$3,343
—
$265,182
—
2017
$3,330
1%
$265,182
—
2016
$3,302
—
$265,182
—
2015
$3,316
-1%
$265,182
—
2014
$3,350
1%
$265,182
—
2013
$3,325
—
$265,182
—
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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Listed by Berkshire Hathaway HomeServices - SGI

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240 W Gorrie Dr #E-4, Saint George Island, FL 32328 (MLS# 328028) is a Condo property with 2 bedrooms and 2 full bathrooms. 240 W Gorrie Dr #E-4 is currently listed for $714,900 and was received on April 13, 2026. Want to learn more about 240 W Gorrie Dr #E-4? Do you have questions about finding other Condo 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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