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
6 bedrooms
7 bathrooms
directions_car12 carspaces
directions_car6 carport spaces
directions_car6 garage spaces
11333 sq. ft. floor area
crop_free43568 sq. ft. lot size
cottageSingle-Family
Property history for 1163 Russell Way
2023
Sold
$950,000
20 Nov 2023 by Ralph Harvey, of LISTWITHFREEDOM.COM
2017
Sold
$150,000
08 Mar 2017 by Kara Landiss, of Naumann Group Real Estate, Inc. - SGI
2017
Sold
$150,000
08 Mar 2017 by Jason Naumann
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Local market activity for 6 bedroom single-family properties in St. George Island
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