The story
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Unit #K11 at 1804 East Gulf Beach Drive is a 1-bedroom, 1-bathroom, single-level townhouse in Saint George Island, FL with 796 sq ft of living space, built in 1985. It is currently listed at $389,000, with a monthly HOA fee of $643. Highlights include water views and a pool.
PROVEN RENTAL INCOME + GULF VIEWS! This updated 1BR/1BA townhome in the desirable Three Hundred Ocean Mile community generated approximately $23,300 in rental income from January through August—averaging nearly $3,000 per month during that period! With room to sleep up to 4 guests, Gulf and pool views, and easy beach access, this turnkey property offers an attractive opportunity for investors or buyers looking for their own coastal retreat. Perfectly positioned just steps from the community pool and boardwalk beach access, the location offers the features vacationers are looking for on St. George Island. The private bedroom and sleeper sofa provide comfortable accommodations for up to four guests. Recent improvements make this property truly move-in and rental ready, including a new AC unit, quartz kitchen countertops, new lower cabinets, updated appliances, fresh interior paint, updated furnishings, and a beautifully remodeled bathroom. A new roof provides additional value and peace of mind. Additional features include covered parking, established rental history, and the flexibility to enjoy the property personally while taking advantage of its rental potential. Whether you're searching for an income-producing investment, personal beach getaway, or a combination of both, this updated townhome offers Gulf views, desirable amenities, proven rental performance, and easy access to the beautiful beaches of St. George Island.