1329 Russ Lake Drive, Panama City, FL 32404 (MLS# 793700)

1329 Russ Lake Drive, Panama City, FL 32404

New Listing

$55,000

Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 528 Lot Size (sq. ft.): 5,663 Status: Active

Current Price: $55,000 List Date: 8/07/2026 Last Modified: 8/07/2026

Overview

Description

Investor Alert! This home is perfect candidate for a rental, located only minutes to Tyndall Air Force Base, Walmart, Callaway, and easy access to Highway 98 and Hwy 231. No HOA, no flood insurance required, and a 2019 roof, it has a great head start. Some electric and plumbing updates exist but it will need some TLC to be rent ready. No current survey, but lot is very narrow to the house. See Pictures from Property Appraiser Website. Schedule your showing ASAP, it will not last long at this price!

Listing Details MLS# 793700

Contract Info

List Price/SqFt: 104.17

Location

Area: 02 – Bay County – Central
Street #: 1329
Street Name: Russ Lake
Street Suffix: Drive
State: FL
Zip Code: 32404
County: Bay
Sub Area: 0202 – Bay – Central SE
Subdivision: Springfield Farms
Community/Resort: None
Waterfront: No
Parcel ID: 15118-000-000
Elementary School: Cedar Grove
Middle School: Rutherford
High School: Rutherford
Directions: From Hwy 98, South on Transmitter, East (left) on E 14th St, South (Right) on Russ Lake. Home is on right side at the corner.
Legal Description: SPRINGFIELD FARMS (118A2) E1/2 LOT 42 BLK 4 ORB 176 P 102 ORB 4223 P 1170

General Property Info

Sub-Type: Detached Single Family
Design: Florida Cottage
Apx SqFt(Htd/Cooled): 528
SqFt Source: Prop App Site
Full Baths: Yes
Total Baths: Yes
Accessory Dwelling Unit: No
Year Built: 1963
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 30.0 ft x 200.0 ft
Acreage: 0.13
Lot Size (SqFt): 5663
Pool: No

Listing Info, Tax and Legal

HOA Fee: No
New Buyer Fee: No
Last Taxes: 40
Last Tax Year: 2025
Brokerage Interest: No Interest

Remarks & Misc

Remarks: Investor Alert! This home is perfect candidate for a rental, located only minutes to Tyndall Air Force Base, Walmart, Callaway, and easy access to Highway 98 and Hwy 231. No HOA, no flood insurance required, and a 2019 roof, it has a great head start. Some electric and plumbing updates exist but it will need some TLC to be rent ready. No current survey, but lot is very narrow to the house. See Pictures from Property Appraiser Website. Schedule your showing ASAP, it will not last long at this price!

Family Room

First: Yes

More Information

Construction/Siding

Foundation – Off Grade: Yes
Wood/Frame: Yes
Roof – Dimensional Shg: Yes
Siding – Asbestos: Yes

Exterior

Porch Covered: Yes

Financing

Cash: Yes

Furnished

Unfurnished: Yes

Kitchen

First: Yes

Living Room

First: Yes

Lot Features

Corner Lot: Yes

Parking Features

Driveway: Yes

Present Zoning

Resid Single Family: Yes

Rooms

Bedroom: Yes
Family Room: Yes
Kitchen: Yes
Living Room: Yes

Utilities

Electricity – Connected: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes

Sale Type

As Is: Yes

Bedroom

First: Yes

Cooling

Window Unit(s): Yes

Property Features

Bedroom: First Cooling: Window Unit(s) Exterior: Porch Covered Financing: Cash Furnished: Unfurnished Kitchen: First Living Room: First Lot Features: Corner Lot Family Room: First Parking Features: Driveway Rooms: Bedroom; Family Room; Kitchen; Living Room Sale Type: As Is Utilities: Electricity – Connected; Public Sewer – Connected; Public Water – Connected Present Zoning: Resid Single Family

Room Information

Room Name	Level	Dimensions	Length	Width
Living Room	First	10 x 12	10.00	12.00
Family Room	First	10.5 x 14	10.50	14.00
Kitchen	First	7 x 10.5	7.00	10.50
Bedroom	First	10.5 x 11.5	10.50	11.50
Bedroom	First	10 x 10.5	10.00	10.50

Listing Office: Keller Williams Success Realty

Last Updated: August – 07 – 2026

Information deemed reliable but not guaranteed.