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1163 Russell Way, SAINT GEORGE ISLAND, FL – $929,000

  • 6 Beds
  • 7 Baths
  • 8,500 Sqft
  • 1 Acres
  • 6 Beds
  • 7 Baths
  • 8,500 Sqft
  • 1 Acres

1163 Russell Way

OCEANFRONT Investment Fix-N-Flip. 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 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.. There are multiple "land only" properties for sale within a couple miles down the street from this property "1 acre or less waterfront" for more 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" (Also, one more thing, the previous owner spent over 1.2M in concrete wiring and plumbing already.

Essential Information

  • MLS® #A4592110
  • Price$929,000
  • Bedrooms6
  • Bathrooms7.00
  • Full Baths6
  • Half Baths1
  • Square Footage8,500
  • Acres1.00
  • Year Built1996
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive

Community Information

  • Address1163 Russell Way
  • AreaEastpoint
  • SubdivisionCARA BAY ESTATES
  • CitySAINT GEORGE ISLAND
  • CountyFranklin
  • StateFL
  • Zip Code32328

Amenities

  • AmenitiesGated
  • # of Garages6
  • ViewWater
  • Is WaterfrontYes
  • WaterfrontBeach Front, Gulf/Ocean
  • Has PoolYes

Parking

Garage Faces Rear, Garage Faces Side, Golf Cart Parking, Guest, Off Street

Interior

  • AppliancesNone
  • HeatingOther
  • CoolingOther

Interior Features

Cathedral Ceiling(s), Eat-in Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, L Dining, Living Room/Dining Room Combo, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Open Floorplan, Other, Sauna, Vaulted Ceiling(s)

Exterior

  • Exterior FeaturesBalcony
  • Lot DescriptionPaved, Private
  • RoofConcrete, Membrane
  • FoundationSlab, Stilt/On Piling

Additional Information

  • Date ListedDecember 10th, 2023
  • Days on Market124
  • ZoningN/A
  • Taxes$2,500
  • HOA Fees$500
  • HOA Fee FrequencyAnnually

Listing Details

  • OfficeSAVVY AVENUE, LLC
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Price Change History for 1163 Russell Way, SAINT GEORGE ISLAND, FL (MLS® #A4592110)

Date Details Change
Price Reduced from $949,900 to $929,000 $20,900 (2.20%)
Price Reduced from $950,000 to $949,900 $100 (0.01%)

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on May 3rd, 2024 at 4:30pm EDT.