Address: 819 Russ Lake Drive, Panama City, FL 32404
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 lotzoned 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 metersideal 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 rentthis property offers options and income! Schedule your showing and Let's Make Deal Today!
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 lotzoned 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 metersideal 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 rentthis property offers options and income! Schedule your showing and Let's Make Deal Today!
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
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