Waterfront
Address
1163 Russell WAY, SAINT GEORGE ISLAND, FL
Price
$ 929,000
Property Attributes
  • MLS#A4592110
  • TypeSingle Family
  • CountyFRANKLIN
  • CitySAINT GEORGE ISLAND
  • AreaEastpoint
  • NeighborhoodCara Bay Estates
  • Zip32328
  • StyleSingle Family Residence
  • Year Built1996
  • Taxes$ 2500
  • Price$ 929,000
  • Bedrooms6
  • Full Bathrooms6
  • Half Bathrooms1
  • Sqr Footage8500
  • Lot Size1 Acres
Data Source:
Stellar MLS
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.

Price History
12/11/2023 Listed $950,000
2/19/2024 1% - $949,900
3/27/2024 3% - $929,000

General Features

Interior Features Cathedral Ceiling(s),Eating Space In Kitchen,Elevator,High Ceilings,Kitchen/Family Room Combo,L Dining,Living Room/Dining Room Combo,Primary Bedroom Main Floor,PrimaryBedroom Upstairs,Open Floorplan,
Sewer Septic Tank,Other
Heating Other
Cooling Other
Utilities Electricity Available,Phone Available,Sewer Available,Water Available
Roof Concrete,Membrane
Appliances None
Exterior Features Balcony
Zoning N/A
HOA 500
Garage Spaces 6
Association Fee Includes Escrow Reserves Fund,Private Road
Pool Features Infinity
Construction Materials Concrete,ICFs (Insulated Concrete Forms),Stone,Stucco
Pets Allowed Yes
Year Built 1996
View Water
Levels Three Or More
Property SubType Single Family Residence
Tax Year 2023
Percent Ownership Fee Simple
Waterfront Features Beach,Gulf/Ocean
Community Features Gated Community - No Guard,Golf Carts OK
Assoc Fee Paid Per Annually
County Franklin
New Construction No
Property Type Residential
Association Amenities Gated
HOA / Comm Assn Yes
Attached Garage Yes
Subdivision Name CARA BAY ESTATES
Facing Direction South
Garage Y/N Yes
Total Rooms 3
Status Active
Directions From 589N,left onto FL-44W,right onto US-98,Left onto W Hampton Springs Ave,Right onto US-319
City SAINT GEORGE ISLAND
Buyer Agent Compensation 3%
Senior Community Y/N No
MLS Area 32328 - Eastpoint
Lot Size Square Feet 43568
Private Pool Yes
Waterfront Y/N Yes
Carport Spaces 6
Carport Y/N Yes
Street Name Russell
Listing Terms Cash,Conventional
Spa Features Above Ground
Tax Annual Amount 2500
Public Remarks 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
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4592110
Days on Market 87
Standard Status Active
Tax Lot 3
Legal Description LOT 3 CARA BAY OR/137/303 OR/195/205 OR/540/243 OR/540/234 OR/557/310 OR/557/312 848/437 927/605 978/752 990/246 1187/517 1202/435 1266/477 1269/296
Water View Bay/Harbor - Partial,Gulf/Ocean - Partial,Gulf/Ocean to Bay
Water Access Type Bay/Harbor,Beach - Access Deeded,Gulf/Ocean,Gulf/Ocean to Bay
Minimum Lease No Minimum
Monthly HOA Amount 41.67
Additional Rooms Bonus Room,Breakfast Room Separate,Den/Library/Office,Family Room,Florida Room,Formal Dining Room Separate,Great Room,Inside Utility,Media Room,Storage Rooms

Interior Features

Flooring Concrete
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Full Baths 6
Half Baths 1
Street Suffix WAY
Total Bedrooms 6
LivingAreaSource Owner
Total Baths 7
Living Area Units Square Feet

Exterior Features

Parking Features Garage Faces Rear,Garage Faces Side,Golf Cart Parking,Guest,Off Street
Water Source Public,Well
Lot Size Area 1.0002
Foundation Details Slab,Stilt/On Piling
Spa Yes
Building Area Total 11333
Lot Size Acres 1
Road Surface Type Paved,Asphalt
Lot Size Units Acres
Covered Spaces 12
Road Frontage Type Street Paved,Private Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32328

Price
AVG $1.56M
$930K
Taxes
AVG $8,114
$2,500
Visits
AVG 76
245
Data Provided by Inside Real Estate®
Year Built
AVG 2000
1996