Cash flow meets coastal living with this rare townhouse-style

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Condo For Sale

240 W Gorrie Dr E-4

St. George Island, Florida 32328

Franklin County

Waterfront: Yes

Community: ST GEORGE ISLAND UNIT 1 CONDO

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$714,900 2 br, 2.0 bath 1240 sq. ft. 0.000 acres

Cash flow meets coastal living with this rare townhouse-style condo at the Villas of St. George on iconic St. George Island. Unit E-4 offers an unbeatable location just steps from the sugar-white sands of the Gulf of Mexico and within easy walking distance to the island's favorite restaurants, shops, and entertainment. Enjoy relaxing views of the courtyard and community pool, with the beach only moments away. This 2-bedroom, 2-bath condo is turnkey and fully furnished, featuring a bright coastal interior designed to impress both owners and guests. Whether you're seeking a personal beach retreat or a high-performing short-term rental, this property checks every box. The Villas of St. George is a gulf-front community with direct beach access and a beachfront pool-perfect for enjoying the island lifestyle. HOA dues provide exceptional value and cover wind, fire, and flood insurance, trash service, internet, cable TV, and grounds maintenance, making ownership truly hassle-free. From an investment standpoint, similar units in the community have generated $75,000-$85,000 in annual rental income, making this an outstanding opportunity in one of Florida's most desirable vacation markets. Self-manage or use a rental company-either way, this condo is ready to perform. Whether you're looking for a smart investment, a vacation getaway, or both, this gulf-front condo delivers location, income potential, and island charm. Priced for a quick sale-don't miss this opportunity. Owner will credit another $5000 at closing to offset monthly fees. Schedule your private showing today.

Interior:
  • Bedrooms: 2
  • Baths: 2.0
  • Sq Ft: 1240
  • Year Built: 1981
  • Utilities: 
  • Fireplaces: 
  • Stories: 2
  • Heat/AC: Central, Electric (Heating), Heat Pump (Heating)
  • Garage: 
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: 
  • Yard: 
  • Siding: Block, Concrete, Stucco
  • Roof: 
  • Swimming Pool: Yes
  • MLS #: 399618
  • Unit Number: E-4
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Contact Information:
Beach Condo For Sale in St. George Island, Florida
Listing Agent: Alan Byrd, Beach Properties of Florida, 850-728-9868, 850-252-4160 Listing Site, Listing Status: Active
Copyright © 2026 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7686191
Viewed 7 times.
Updated: May 14, 2026

This property is a Condo located at 240 W Gorrie Dr E-4, St. George Island, Florida 32328, and is currently For Sale at $714,900. This Condo has 2 bedrooms, 2.0 baths, 1240 sq ft.