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    • Central Bay Realty & Property Management
      732 Ohio Ave
      Lynn Haven, FL 32444
      (850) 257-5016
      centralbayrealstate@gmail.com

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      • Roy F Furst

        Licensed Real Estate Broker

        Central Bay Realty

        Phone: (850) 257-5016

        Email: centralbayrealestate@gmail.com
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        IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

        $220,000
        For Sale

        819 Russ Lake Drive

        Panama City, FL 32404
        5 beds | 3 baths | 0.31 acres | #769484
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        Type:Purchase
        Structure:Townhouse
        Zone:Residential

        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!

        • Property Details
            • Utility FeaturesElectricity Available
            • SubdivisionNo Named Subdivision
            • Middle SchoolRutherford Middle
            • High SchoolRutherford
            • Property TypePurchase
            • Original List Price$275,000
            • Cost220000.0
            • StyleDuplex
            • Elementary SchoolParker
            • Taxes Annual$1,352
            • MLS #769484
            • Property SubtypeDuplex
            • MLS #769484
            • Structure TypeDuplex
            • Acres0.31
            • Year Built1971
            • Bathrooms3.0
            • CountyBay
            • Days on Market (Cumulative)290
            • Bedrooms5
            • Full Baths3

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        IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

        Last Updated: Today at 8:38 AM. Source: CPAR

        Provided By
        Listing Agent: Catriese M Johnson (#B7487)
        Listing Office: Coldwell Banker Realty (#BSA2)

        Central Bay Realty and Property ManagementReal Estate Group
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