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Tina Arant
FLORIDA HOMES REALTY & MTG LLC
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Rare Investment Opportunity with River Access! Discover the ultimate investment property nestled in a serene and picturesque location with community river access. This unique offering includes three expansive vacant lots and five unique dwellings, creating a perfect blend of natural beauty and potential for substantial returns. Don't miss out on this chance to own a piece of paradise that promises both relaxation and financial growth. Location! Location! Location! These properties are located just north of the resort being built in Welaka by Bass Pro shops owner. Neighborhood is nestled among one acre plus estates along the river's edge. Five Distinct Dwellings: This investment package features five dwellings (3 mobile homes & 2 site built), each offering income potential. Whether you're looking for a flip, family retreat, vacation rental, or long-term lease options. Three are ready for occupants, two need final touches of work. Plus the potential to build on the three added lots. Take note, Putnam County does not currently have Impact Fees making these very desirable for builders! All located in the same community which offers a community boat ramp with access to the St. Johns River. Hop on your boat and visit the local waterfront restaurants in Georgetown or Welaka or take a trip north to visit Palatka and East Palatka's favorite sites. Owners are selling all properties together. All total, approximately 4 acres per county records. No property splits.
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Total Bedrooms : 12
Total Baths: 8
Full Baths: 8
Sewer: Septic Tank
Roof : Metal, Shingle
Appliances : Dryer, Electric Oven, Electric Range, Electric Water Heater, Gas Range, Microwave, Refrigerator, Washer
Metal, Shingle
Heating: Central
Cooling: Central Air, Wall/Window Unit(s)
Water Source: Well
Year Built: 1969
Stories: 1
Roof: Metal, Shingle
None
Gravel
None
Lot Description: Cul-De-Sac, Other
Waterfront: Deeded Beach Access
Stories: 1
Main Square Feet: 4,663
Property Type: Residential Income
SQ ft (Living Area): 4,663
Subdivision: Metes & Bounds
MLS Area Minor: 581-Satsuma/Hoot Owl Ridge
Source Neighborhood: Metes & Bounds
Property Age: 55
Listing Id: 1243331
List Price: $575,000
List Price Tot SqFt: $123
Listing Terms Cash
Possession: Negotiable
Parcel Number: 331026000000300045
Covered, Detached
Separate Electric Meters
Direction: Take US Hwy 17 to Satsuma and turn onto E. Buffalo Bluff Rd. Turn left onto Cody Drive. Vacant lots are just past Cody Dr, left onto Bedford from Buffalo Bluff.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
426 Madison Street, Satsuma, FL,32189 | $12,000 | -- | -- | 42,689 | 0.98 Acre |
422 Madison Street, Satsuma, FL,32189 | $10,000 | -- | -- | 42,689 | 0.98 Acre |
153 Sharon Drive, Satsuma, FL,32189 | $10,000 | -- | -- | 6,970 | 0.16 Acre |
144 Magnolia Trail, Satsuma, FL,32189 | $179,000 | -- | -- | 6,534 | 0.15 Acre |
103 Frontier Drive, Satsuma, FL,32189 | $25,000 | -- | -- | 22,216 | 0.51 Acre |
103 Frontier Drive, Satsuma, FL,32189 | $22,000 | -- | -- | 23,087 | 0.53 Acre |
Rustic Road, Satsuma, FL,32189 | $12,500 | -- | -- | 10,019 | 0.23 Acre |
122 Ivanhoe Drive, Satsuma, FL,32189 | $25,000 | -- | -- | 21,344 | 0.49 Acre |
301 Incline Road, Satsuma, FL,32189 | $36,000 | -- | -- | 20,038 | 0.46 Acre |
144 Smith Lane, Satsuma, FL,32189 | $385,000 | 4 | 2 | 1,464 | -- |
ByOwner last updated this listing 04/27/2024 @ 12:20
MLS: 1243331
LISTED BY: TINA ARANT, FLORIDA HOMES REALTY & MTG LLC
SOURCE: realMLS (Northeast Florida Multiple Listing Service)
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in reciprocal agreements.