Detached single family For Sale

8,500 Sqft - 1163 Russell Way, EAST POINT, Florida 32328

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Property Description

$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.

Basic Details
Bedrooms : 6
Bathrooms : 6
Half Bathrooms : 1
Sq. Ft. : 8,500 Sqft
Property Status : Active
Property Type : Detached single family
Listing Type : For Sale
Listing ID : 366381
Price : $929,000
Year Built : 2006
Features
Swimming Pool
Parking : Garage - 3+ car, Carport - 3+ car
Pool Type : Pool - Above Ground
Address Map
Country : US
State : FL
County : Franklin
City : EAST POINT
Zipcode : 32328
Street : 1163 Russell Way
Floor Number : 0
Longitude : W85° 10' 40''
Latitude : N29° 40' 38.1''
Neighborhood
Subdivision : Cara Bay Estates
Elementary School : OTHER COUNTY
Middle School : OTHER COUNTY
High School : OTHER COUNTY
Additional Information
Status : Active
# of Acres : 1
List Date :
Expire Date :
Date Pended :
MLS # : 366381
Special Assessments (Y/N) : No
Waterfront Y/N : Yes
Inside Capital Circle : No
Listed By : Savvy Avenue, LLC
Area : Franklin
Original Price : $950,000
Detached single family For Sale
  • Listing ID : 366381
  • Bedrooms : 6
  • Bathrooms : 6
  • Sq. Ft. : 8,500 Sqft
  • Visits : 166 in 403 days
$929,000
Agent info
Lord and Stanley Realty
1530 Metropolitan Blvd, Tallahassee, FL 32308
Contact Agent

Information provided is deemed reliable but not guaranteed