1163 Russell Way

Eastpoint, FL 32328

$929,000
Price
6
Beds
6
Baths
1
1/2 Bath
8,500 Sq. Ft.
$109 / Sq. Ft.
8,500
Sq. Ft.
$109
per Sq. Ft.

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...$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.

Property Details for 1163 Russell Way

Architectural Style
ThreeStory, Victorian
Waterfront
Yes
Waterfront Features
BayAccess
Parking Features
Carport, ThreeCarGarage, ThreeormoreSpaces
Subdivision Name
Cara Bay Estates
View
Bay
View
Yes
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LISTING UPDATED: 03/27/2024 12:19 PM

Property Details for 1163 Russell Way

StatusActive
MLS #366381
Days on Market145
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached
Year Built2006
Lot Size1.00 AC / 43,560 SF
CountyFranklin County
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Building Information for 1163 Russell Way

Stories-Year Built2006Building Size-Lot Size1.00 AC / 43,560 SF

Payment Calculator

$5,295 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,070

Property Taxes

$225

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1163 Russell Way

Summary
Location and General Information
  • City: EAST POINT
  • County Or Parish: Franklin
  • Directions: From 589N, left onto FL-44W, right onto US-98, Left onto W Hampton Springs Ave, Right onto US-319
  • Postal Code: 32328
  • Latitude: 29.677258
  • Longitude: -84.822213
  • State Or Province: FL
  • Road Surface Type: Paved
Taxes and HOA Information
  • Parcel Number: 12037-29-09S-06W-7317-0000-0353
  • Association Fee: $.00
  • Tax Block: 0
  • Tax Lot: 3
School Information
  • Elementary School: OTHER COUNTY
  • High School: OTHER COUNTY
  • Middle Or Junior School: OTHER COUNTY
Parking
  • Carport Spaces: 3.00
  • Carport: Yes
  • Garage Spaces: 3.00
  • Garage: Yes
Property
Lot Information
  • Building Area Source: Other
  • Building Area Total: 8500.0
  • Lot Size Acres: 1.0
  • Lot Size Dimensions: 208x208x1
  • Living Area: 8500.0
  • Living Area Source: Other
Property and Assessments
  • Property Attached: No
  • Property Type: Residential
  • Property Sub Type: Detached
  • Property SubType Additional: Detached, SingleFamilyResidence
  • Year Built: 2006
  • Human Modified: No
Interior and Exterior Features
Exterior Features
  • Pool Private: Yes
  • Pool Features: AboveGround
  • Community Features: Gated, StreetLights, Sidewalks
  • Patio And Porch Features: Deck
  • Security Features: GatedCommunity
Interior Features
  • Bathrooms Full: 6
  • Bathrooms Half: 1
  • Bathrooms Total: 6
  • Bedrooms Total: 6
  • Fireplace: No
  • Interior Features: TrayCeilings, HighCeilings, HotTubSpa, JettedTub, VaultedCeilings, PrimaryDownstairs
Room Information
Room 1
  • Room Dimensions: 15x10
  • Room Type: PrimaryBedroom
Room 2
  • Room Dimensions: 29x34
  • Room Type: LivingRoom
Room 3
  • Room Dimensions: 24x34
  • Room Type: Kitchen
Room 4
  • Room Dimensions: 22x33
  • Room Type: FamilyRoom
Room 5
  • Room Dimensions: 20x25
  • Room Type: DiningRoom
Room 6
  • Room Dimensions: 10x11
  • Room Type: Bedroom5
Room 7
  • Room Dimensions: 10x11
  • Room Type: Bedroom4
Room 8
  • Room Dimensions: 10x10
  • Room Type: Bedroom3
Room 9
  • Room Dimensions: 10x11
  • Room Type: Bedroom2
Rental
Rental Information
  • Lease Considered: No

Property History for 1163 Russell Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1163 Russell Way

Taxable ValueLand$320,000Additions-Total$320,000
Tax Record2023$2,700 ($225 / month)
Home Facts
Beds0Lot Size43,568 SqFtStyleResidentialCountyFRANKLINAPN29-09S-06W-7317-0000-0353

Schools near 1163 Russell Way

This home is within Franklin.
Rating
School
Type
Grades
Distance
Charter - PK to 8
Public - PK to 12
Public - K to 12
Public - PK to 12
Rating
School
Distance
Apalachicola Bay Charter School
CharterPK to 8

Franklin County Schools Pk-12
PublicPK to 12

Franklin Virtual Franchise-Pace FLVS
PublicK to 12

Franklin District Virtual Course Program
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1163 Russell Way is a single family home for sale in Eastpoint, FL 32328. This property was listed for sale on December 10, 2023, it's currently listed at $929,000. It has been on the market for a total of 145 days and was last sold on November 20, 2023. This listing's school district is Franklin. Nearby schools include Apalachicola Bay Charter School, Franklin County Schools Pk-12 and Franklin Virtual Franchise-Pace FLVS. 1163 Russell Way is a 6-bed, 6.5-bath, 8,500 sqft single family home built in 2006.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.