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Looking for a proven investment opportunity? This well-maintained mixed-use property features a stable, long-term commercial tenant. The ground floor has been home to SUBWAY since 2005, with a current lease of $5,000/month. The lease is triple net (NNN), so the tenant covers property taxes, insurance, and maintenance"”offering minimal responsibility for the owner. The commercial space totals approximately 2,070 square feet and has been consistently cared for, including a new roof installed and permitted in 2023 by Lloyd's Roofing of Tallahassee, a new HVAC system around 2021, and regular upkeep of the building and septic system. This listing is for the lower level only. However, the owner will also consider selling the upstairs condo, which is an additional income-producing property.
Property Type(s):
Commercial
| Last Updated | 8/29/2025 | Tract | Gulf Beaches Units 1-5 |
|---|---|---|---|
| Year Built | 2001 | Community | St. George Island |
| County | Franklin |
Additional Details
| AREA | St. George Island |
|---|---|
| CONSTRUCTION | Frame, Vinyl Siding |
| LOT | 6534 sq ft |
| LOT DIMENSIONS | 50x135 |
| SUBDIVISION | Gulf Beaches Units 1-5 |
| TAXES | 4249.26 |
| WATER | Public |
| ZONING | Business,Commercial,Mixed Use,Residential Single Family |
Location
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Listed with St George Island Realty, LLC
Listings are provided by the Forgotten Coast REALTOR Association. This information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the Forgotten Coast REALTOR Association.
Copyright 2025 Forgotten Coast REALTOR Association.
This IDX solution is (c) Diverse Solutions 2025.
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