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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.
Property Type(s):
Condo/Townhouse/Co-Op
| Last Updated | 8/22/2026 | Tract | Three Hundred Ocean Mile |
|---|---|---|---|
| Year Built | 1985 | Community | St. George Island |
| County | Franklin |
Price History
| Prior to Feb 19, '26 | $444,900 |
|---|---|
| Feb 19, '26 - Mar 11, '26 | $424,900 |
| Mar 11, '26 - May 1, '26 | $414,900 |
| May 1, '26 - May 19, '26 | $404,900 |
| May 19, '26 - Aug 22, '26 | $399,000 |
| Aug 22, '26 - Today | $389,000 |
Additional Details
| AIR | Ceiling Fan(s), Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Cable TV, Internet, Maintenance Grounds, Sewer, Trash |
| APPLIANCES | Dishwasher, Microwave, Refrigerator |
| AREA | St. George Island |
| CONSTRUCTION | Shake Siding, Wood Siding |
| EXTERIOR | Balcony, Outdoor Shower |
| HEAT | Central, Electric |
| HOA DUES | 643.33 |
| INTERIOR | Breakfast Bar, Recessed Lighting, Storage |
| LOT DESCRIPTION | Landscaped |
| LOT DIMENSIONS | 0x0 |
| PARKING | Covered, Driveway |
| POOL | Yes |
| POOL DESCRIPTION | Outdoor Pool, In Ground, Community |
| STORIES | 1 |
| STYLE | Townhouse |
| SUBDIVISION | Three Hundred Ocean Mile |
| TAXES | 2935.44 |
| UTILITIES | Cable Available, Sewer Connected, Electricity Connected, Phone Available, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Water |
| WATER | Public |
| ZONING | Residential Multi-Family |
Location
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Listed with Beach Properties Real Estate Group
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 2026 Forgotten Coast REALTOR Association.
This IDX solution is (c) Diverse Solutions 2026.
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