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Active - House for sale
1163 RUSSELL WAY, Saint George Island, FL
Facts & features
Why you’ll love it
- Waterfront
- Pool
OCEANFRONT Investment Fix-N-Flip. ICF Concrete Structure, 8,500sf + 2,833sf parking barbecue etc. underneath home. (WORTH APPX 5-6M After Finished) Depending on the materials you finish it with. Some of the comps and for sale properties in this area are well over 1000per sf. There is a Deep well and an Infinity Pool on the Roof overlooking the ocean. The Jacuzzi is beachfront on the roof, lots of rooms and bathrooms already plumbed in and plenty of open space to add or change whatever you want into whatever you want. 4 large balconies facing the ocean, electrical wiring already in boxes, electric panels installed, styrofoam insulation finished, stucco and stonework need repairs. This property has good bones and an ICF Concrete Structure Like This could last for hundreds of years. Complete cosmetical facelift needed on the whole thing but it's an amazing home. This property prior sold for $700,000.00 like 20 years ago.. There are multiple "land only" properties for sale within a couple miles down the street from this property "1 acre or less waterfront" for more double the price of what i'm asking for this place (and those are land only no structure) "so you're getting a really good deal from me for only 950k" (Also, one more thing, the previous owner spent over 1.2M in concrete wiring and plumbing already.
Listed by: Moe Mossa • Moe@remoe.com • SAVVY AVENUE, LLC
Co-listed by: SAVVY AVENUE, LLC
Source: Stellar MLS as distributed by MLS GRID, MLS#: A4592110
Based on information as of Jun 01, 2026 at 02:21pm EDT.
Come see by yourself
Affordability
$5,512/mo
- Mortgage$4,804
- Property tax$208
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
Discover the neighborhood
Travel times
About CARA BAY ESTATES
AI-generated overview for informational purposes only.
Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone VE
In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.
More details
Base flood elevation: 15 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
Based on information submitted to the MLS GRID as of Jun 01, 2026 at 02:21pm EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
