1163 Russell Way

East Point, FL 32328 View Map $929,000 Schedule a Tour
Beds6
Baths6Full11/2
Sq.Ft.8,500
Year2006
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Status: Active
Property Type:Detached
MLS #:366381
Sq. Feet:8,500
On Site:131 Days
Lot Size:1 Acres
County:Franklin
$950K OCEANFRONT Investment Fix-N-Flip. This home is located on Saint George Island Florida. This is an ICF Concrete Structure, 8,500sf + 2,833sf parking barbecue etc. underneath home. (WORTH APPX 5-6M After Finished) Depending on the materials you finish it with. Some of the comps and for sale properties in this area are well over 1000per sf. There is a Deep well and an Infinity Pool on the Roof overlooking the ocean. The Jacuzzi is beachfront on the roof, lots of rooms and bathrooms already plumbed in and plenty 2 of open space to add or change whatever you want into whatever you want. 4 large balconies facing the ocean, electrical wiring already in boxes, electric panels installed, styrofoam insulation finished, stucco and stonework need repairs. This property has good bones and an ICF Concrete Structure Like This could last for hundreds of years. Complete cosmetical facelift needed on the whole thing but it's an amazing home. This property prior sold for $700,000.00 like 20 years ago. I will compensate the selling agent for private cash buyer. There are multiple "land only" properties for sale within a couple miles down the street from this property "1acre or less waterfront" for more than double the price of what i'm asking for this place (and those are land only no structure) "so you're getting a really good deal from me for only 950k" (The previous owner spent over 1.2M in concrete wiring and plumbing already.) The water is clear enough that you can see the fish swimming in it.

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$000 Monthly Payment
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Detailed Maps

Price Change History

Date Old Price New Price Percent Change
3/27/2024$949,900$929,000-2.2%

Community Information

Address:1163 Russell Way, East Point, FL 32328
County:Franklin
Subdivision:Cara Bay Estates
Zip Code:32328

School Information

High School:Other County
Middle School:Other County
Elementary School:Other County

Architecture

Bedrooms: 6
Bathrooms: 6 Full / 1 Half
Year Built:2006
Style:Three Story, Victorian
Building Area: 8500.0
Garage Spaces: 3.0
Carport Spaces: 3.0
Parking Features: Carport, Three Car Garage, Three or more Spaces

Features / Amenities

Interior Features: Tray Ceiling(s), High Ceilings, Hot Tub/Spa, Jetted Tub, Vaulted Ceiling(s), PrimaryDownstairs
Patio And Porch: Deck
Pool: Above Ground
Security Features: Gated Community

Property Features

Lot Size: 1 Acres
Lot Dimensions:208x208x1
Waterfront: Bay Access
View: Bay
Road Surface: Paved
Directions:From 589N, left onto FL-44W, right onto US-98, Left onto W Hampton Springs Ave, Right onto US-319

Tax and Financial Info

Terms: Cash

Schools

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1163 Russell Way East Point,  FL 32328
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1163 Russell Way East Point, FL 32328
 
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Listing Information Last Updated 4/19/2024
Listing provided courtesy of Savvy Avenue, LLC (888-490-1268).
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Joe Manausa Real Estate are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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