819 Russ Lake Drive, Panama City, FL 32404
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  • MLS#: 769484 ( Residential )
  • Street Address: 819 Russ Lake Drive
  • Viewed: 9
  • Price: $239,900
  • Price sqft: $106
  • Waterfront: No
  • Year Built: 1971
  • Bldg sqft: 2260
  • Bedrooms: 5
  • Total Baths: 3
  • Full Baths: 3
  • Days On Market: 207
  • Additional Information
  • Geolocation: 30.1642 / -85.6039
  • County: BAY
  • City: Panama City
  • Zipcode: 32404
  • Subdivision: No Named Subdivision
  • Elementary School: Parker
  • Middle School: Rutherford Middle
  • High School: Rutherford
  • Provided by: Coldwell Banker Realty
  • DMCA Notice
  • Description
    Investor & Builder Alert! Multi Use Duplex with Expansion PotentialFHA 203(k) Eligible! Opportunity is knocking in Springfield! This permitted duplex offers 2,260 sq ft of rentable space on a .31 acre corner lot in a mixed use zoneand it's eligible to be subdivided! Whether you're looking to build a second duplex, add a single family home, or simply maximize rental income, the possibilities here are huge. Live in one unit and rent the other, or lease both for passive income. The upper unit features 3 spacious bedrooms, 2 full baths, and an ensuite primary suite. The lower unit includes 2 bedrooms, 1 bath, and easy front/back yard access. Each unit has indoor laundry, separate utilities, and individual electrical and water metersperfect for long term tenants or short term rental flexibility. Renovations are underway and include: ✔️ New windows, subfloor, PEX plumbing & electrical wiring ✔️ New HVAC system & ductwork (upstairs) ✔️ Recessed lighting throughout ✔️ Tankless water heater ✔️ New roof (2019), new siding, exterior stairs to upper unit ✔️ RV hookups + large storage shed Public utilities + natural gas onsite. Located in a quiet neighborhood just 7 miles from Tyndall AFB and 25 minutes to Panama City Beachhome to the world's most beautiful beaches. Bonus: Construction materials on site convey with sale. This is a rare chance to capitalize on Springfield's growth. Schedule your showing today and bring your vision to life!
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
School Information
  • High School: Rutherford
  • Middle School: Rutherford Middle
  • School Elementary: Parker
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir
  • Heating: Central
  • Utilities: ElectricityAvailable
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2024
  • Trash Expense: 0.00
Other Features
  • Legal Description: 1-4S-14W-106-118A3 BEG SW COR SEC N 2010' E 1290' S 519.59' FOR POB W 97.5' S 140' E 97.5' N 140' TO BEG ORB 4501 P 354
  • Area Major: 02 - Bay County - Central
  • Occupant Type: Vacant
  • Parcel Number: 15033-000-000
  • Style: Duplex
  • The Range: 0.00