Property Description

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.

Features
: Infinity
: Other
: Other
: Off Street, Guest, Garage Faces Rear, Garage Faces Side, Golf Cart Parking
6
: Balcony
: Concrete
: Vaulted Ceiling(s), Cathedral Ceiling(s), Eat-in Kitchen, Open Floorplan, Living Room/Dining Room Combo, Other, High Ceilings, L Dining, Primary Bedroom Main Floor, Kitchen/Family Room Combo, PrimaryBedroom Upstairs, Elevator, Sauna
1
: Septic Tank, Other
: Electricity Available, Sewer Available, Water Available, Phone Available
: Gulf/Ocean, Beach Front
Appliances
: None
Address Map
US
FL
Franklin
Saint George Island
CARA BAY ESTATES
32328
RUSSELL
1163
WAY
W85° 10' 8.7''
N29° 40' 32.4''
South
From 589N, left onto FL-44W, right onto US-98, Left onto W Hampton Springs Ave, Right onto US-319
32328 - Eastpoint
N/A
Additional Information
: Public, Well
https://www.propertypanorama.com/instaview/stellar/A4592110
929000
2023-12-10
: Paved, Private
: Three Or More
6
: Slab, Stilt/On Piling
: Stucco, Concrete, Stone, ICFs (Insulated Concrete Forms)
: Golf Carts OK, Gated Community - No Guard
11333
1
Gated
Financial
500
Annually
: Escrow Reserves Fund, Private Road
1
2500
Listing Information
496503916
281531801
Cash,Conventional
Canceled
2024-05-31T13:57:07Z
Stellar
: None
2024-05-31T13:56:09Z

Residential For Sale

1163 Russell Way, Saint George Island, Florida 32328

6 Bedrooms
7 Bathrooms
8,500
$924,000
Listing ID #A4592110
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : A4592110
Price : $924,000
View : Water
Bedrooms : 6
Bathrooms : 7
Half Bathrooms : 1
Square Footage : 8,500
Year Built : 1996
Lot Area : 1 Acre
Office Name : SAVVY AVENUE, LLC
Agent Name : Moe Mossa
Full Bathrooms : 6
Property Sub Type : Single Family Residence
Roof : Concrete, Membrane
Waterfront Yn : 1
Listing Status : Canceled
Agent info
Contact Agent