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819 Russ Lake Drive

Panama City, FL 32404
  • $275,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 769484
UPDATED: 53 min ago
$275,000
  • 5
    BEDS
  • 0.31
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,260
    SQFT
  • $122
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1971
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

Attention Investors and Builders! This permitted duplex has 2,260 sq ft and sits on a .311 acre corner lot. The property is zoned mixed-use and is eligible to be subdivided, so there is potential to add a second duplex or a single family home. For the residential home buyer, realize ongoing passive income by living in one unit and renting out the other.The duplex includes a 1,220 sq. ft., 3 bedroom/2 bath upstairs unit with sizable bedrooms and an ensuite bathroom in the master bedroom. The downstairs unit is 1,040 sq. ft. with 2 bedrooms/1 bath with direct access to the front and back yards. Both units have their own indoor laundry for a comfortable living space.The sellers are in the midst of renovations and have completed upgrades including new windows, subfloor, tankless water heater, HVAC and ductwork upstairs. Both units have new electrical wiring, new Pex plumbing, and recessed lighting. Exterior upgrades include a new roof in 2019, new siding, new stairs to access to the upstairs unit from the outside, and RV Hookups. The property is served by public utilities, and there are separate water meters and electrical service for both units, as well as natural gas service onsite. A large storage shed is also on the property.The property is located in a quiet neighborhood in the developing community of Springfield. It is close to schools and shopping, approximately 7 miles from Tyndall AFB, and 25 minutes away from the beautiful, well vacationed beaches located on Panama City Beach, known as ''The Home of the World's Most Beautiful Beaches.''Construction materials on-site included. Reach out for a showing.

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© 2025 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Rish Real Estate Group. Data last updated: 2025-03-23T22:04:09.55.
www.rishrealestategroup.com/homes/160914658
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819 Russ Lake Drive Panama City, FL 32404

  • Price: $275,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 53 min ago
  • MLS #: 769484
5
Beds
3
Baths
0
½ Baths
0.31
Acres
2,260
SQFT
$122
$/SQFT
1971
Built
Neighborhood:
No Named Subdivision
County:
Bay
Area:
Bay County-Central
Elementary School:
Parker
Middle School:
Rutherford Middle
High School:
Rutherford
Property Description
Attention Investors and Builders! This permitted duplex has 2,260 sq ft and sits on a .311 acre corner lot. The property is zoned mixed-use and is eligible to be subdivided, so there is potential to add a second duplex or a single family home. For the residential home buyer, realize ongoing passive income by living in one unit and renting out the other.The duplex includes a 1,220 sq. ft., 3 bedroom/2 bath upstairs unit with sizable bedrooms and an ensuite bathroom in the master bedroom. The downstairs unit is 1,040 sq. ft. with 2 bedrooms/1 bath with direct access to the front and back yards. Both units have their own indoor laundry for a comfortable living space.The sellers are in the midst of renovations and have completed upgrades including new windows, subfloor, tankless water heater, HVAC and ductwork upstairs. Both units have new electrical wiring, new Pex plumbing, and recessed lighting. Exterior upgrades include a new roof in 2019, new siding, new stairs to access to the upstairs unit from the outside, and RV Hookups. The property is served by public utilities, and there are separate water meters and electrical service for both units, as well as natural gas service onsite. A large storage shed is also on the property.The property is located in a quiet neighborhood in the developing community of Springfield. It is close to schools and shopping, approximately 7 miles from Tyndall AFB, and 25 minutes away from the beautiful, well vacationed beaches located on Panama City Beach, known as ''The Home of the World's Most Beautiful Beaches.''Construction materials on-site included. Reach out for a showing.
Exterior Features

Architectural Style Duplex Garage YN No Structure Type Duplex

Interior Features

Cooling Central Air Cooling YN Yes Furnished Unfurnished Heating Central Heating YN Yes Rooms Bedroom (First Level) Primary Bathroom (First Level) Bedroom (Second Level) Bedroom (Second Level) Primary Bedroom (Second Level)

Property Features

Association YN No Community Features Short Term Rental Allowed Listing Agreement Exclusive Right To Sell Listing Service Full Service Lot Size Dimensions 97x140 Occupant Type Vacant Property Condition Under Construction Property Sub Type Duplex Property Sub Type Additional Duplex Tax Annual Amount 1352 Tax Year 2024 Waterfront YN No

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Coldwell Banker Realty: (850) 234-6696. Listing information © 2025 Central Panhandle Association of Realtors MLS.


© 2025 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Rish Real Estate Group. Data last updated: 2025-03-23T22:04:09.55.
 
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Rish Real Estate Group
155 W Hwy 98
Port St. Joe FL, 32456