$950K OCEANFRONT Investment Fix-N-Flip. This home is located on

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Home For Sale

1163 Russell Way

Eastpoint, Florida 32328

Franklin County

Waterfront: Yes

Community: Cara Bay Estates

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$929,000 6 br, 7.0 bath 8500 sq. ft. 1.000 acres

$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 yearsplete 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.

Interior:
  • Bedrooms: 6
  • Baths: 7.0
  • Sq Ft: 8500
  • Year Built: 2006
  • Utilities: 
  • Fireplaces: 
  • Stories: 3.0
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 1.000 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: Unknown
  • Swimming Pool: Yes
  • MLS #: 366381
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Beach Home For Sale in Eastpoint, Florida
Ad Number: 4439852
Viewed 66 times.
Updated: Mar 27, 2024

This property is a Home located at 1163 Russell Way, Eastpoint, Florida 32328, and is currently For Sale at $929,000. This Home has 6 bedrooms, 7.0 baths, 8500 sq ft.

Listing Agent: Moe Mossa, Savvy Avenue, LLC, 888-490-1268, 888-490-1268 Listing Site, Listing Status: Active
Copyright © 2024 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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