819 Russ Lake Drive, Panama City, FL 32404

Local realty services provided by:ERA Neubauer Real Estate, Inc.
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819 Russ Lake Drive,Panama City, FL 32404
$239,900
  • 5 Beds
  • 3 Baths
  • 2,260 sq. ft.
  • Multi-family
  • Active
Listed by:catriese m johnson
Office:coldwell banker realty
MLS#:769484
Source:FL_BCMLS

Price summary

  • Price:$239,900
  • Price per sq. ft.:$106.15

About this home

Attention Investors and Builders! Attention investors - This property is FHA 203(k) renovation loan eligible! 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

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Home facts

  • Year built:1971
  • Listing Id #:769484
  • Added:168 day(s) ago
  • Updated:August 08, 2025 at 06:02 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:2,260 sq. ft.

Heating and cooling

  • Cooling:CentralAir
  • Heating:Central

Structure and exterior

  • Year built:1971
  • Building area:2,260 sq. ft.
  • Lot area:0.31 Acres

Schools

  • High school:Rutherford
  • Middle school:Rutherford Middle
  • Elementary school:Parker

Finances and disclosures

  • Price:$239,900
  • Price per sq. ft.:$106.15
  • Tax amount:$1,352 (2024)
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