Residential Land for Sale in St. George Island, Florida
1605 E Gulf Beach Dr, St. George Island, FL 32328
A sandy beach right on the Bay? Yes, please! Grace Bay is a small community of 5 lots, and it includes a 1.23 acre common area that abuts E Gulf Beach Drive. Lot 5 is .93 acres, and it is approximately 64' wide. A water tap has been paid the lines have been run to each lot. Construction on a six-slip community dock begins May, 2026. The relaxed HOA has no architectural control committee and building restrictions match those of Franklin County. It's the best of all worlds. Grace Bay lot 3 is also available - see MLS # 326418. No survey on file, but the environmental easement survey and environmental study are uploaded. Lot dimensions are approximate and all information should be verified by buyer.
Location
- Street address
- 1605 E Gulf Beach Dr, Lot 5
- County
- Franklin County
- Zip code
- 32328
- Community
- Grace Bay
- Elevation
- 5 feet
Directions
From the intersection of Island Drive and Gulf Beach Drive, turn left. Dive 3.5 miles and look from real estate sign on the left.
Property details
- Lot size
- 0.94 acres40,946 sq ft
- Zoning
- County, Deed Restrictions, Residential Single Family
- MLS #
- RAKSGC 326417
- Posted
Property taxes
- 2025
- $2,170
Expenses
- Homeowner Association Fee
- $1,000 annually
Parcels
- 2909S06W735900000050
Legal description
Lot 5, Grace Bay, according to the map or plat thereof as recorded in Plat Book 8, Page 40, Public Records of Franklin County, Florida
Details and features
Listing
- Type
- Land
Lot
- Vegetation
- Natural State
- View
- Water
- Waterfront
- Yes
- Features
- Boating Access, Covenants/Restrictions, Dead End, Deeded Water Access, Flood Insurance Required, Within 1/2 Mile of Water, Wooded
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 22, 2026 | Price increase | $425,000 | $26,000 6.5% | RAKSGC |
| Feb 17, 2026 | New listing | $399,000 | — | RAKSGC |