29
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$220,000
Est. payment /mo
5 Beds
3 Baths
2,260 SqFt
Price Dropped by $19K
819 Russ Lake DR Panama City, FL 32404
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,260 sqft
Price per Sqft $97
Subdivision No Named Subdivision
MLS Listing ID 769484
Style Duplex
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1971
Annual Tax Amount $1,352
Tax Year 2024
Lot Size 0.310 Acres
Acres 0.31
Property Sub-Type Duplex
Property Description
Investor Alert! Duplex + Big Lot with Expansion Potential - FHA 203(k) Eligible!
Opportunity knocks in Springfield! This 2,260 sq ft permitted duplex sits on a large .31-acre corner lot—zoned mixed-use with the option to build another duplex or rezone for single-family residential.
Live in one unit and rent the other, or lease both for instant income.
Upstairs: 3 beds / 2 baths + ensuite primary
Downstairs: 2 beds / 1 bath + yard access
Each unit features indoor laundry, separate utilities, and individual meters—ideal for long- or short-term tenants.
Upgrades include: new windows, PEX plumbing, electrical wiring, HVAC & ductwork, recessed lighting, tankless water heater, 2019 roof, new siding, exterior stairs, RV hookups & storage shed.
Just 7 miles to Tyndall AFB and 25 minutes to Panama City Beach.
Bonus: construction materials on site convey!
Expand, rezone, or rent—this property offers options and income! Schedule your showing and Let's Make Deal Today!
Opportunity knocks in Springfield! This 2,260 sq ft permitted duplex sits on a large .31-acre corner lot—zoned mixed-use with the option to build another duplex or rezone for single-family residential.
Live in one unit and rent the other, or lease both for instant income.
Upstairs: 3 beds / 2 baths + ensuite primary
Downstairs: 2 beds / 1 bath + yard access
Each unit features indoor laundry, separate utilities, and individual meters—ideal for long- or short-term tenants.
Upgrades include: new windows, PEX plumbing, electrical wiring, HVAC & ductwork, recessed lighting, tankless water heater, 2019 roof, new siding, exterior stairs, RV hookups & storage shed.
Just 7 miles to Tyndall AFB and 25 minutes to Panama City Beach.
Bonus: construction materials on site convey!
Expand, rezone, or rent—this property offers options and income! Schedule your showing and Let's Make Deal Today!
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 02 - Bay County - Central
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Community Features Short Term Rental Allowed
Utilities Available Electricity Available
Building
Dwelling Type Duplex
Architectural Style Duplex
New Construction No
Schools
Elementary Schools Parker
Middle Schools Rutherford Middle
High Schools Rutherford
Others
Tax ID 15033-000-000
Listed by Coldwell Banker Realty
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