• 109 Cody Drive Satsuma, FL 32189

  • $575,000
  • 12
    Bed(s)
  • 8
    Baths
  • 4,663
    Sq Ft

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.

Property Type :

Residential Income

Subdivision :

Metes & Bounds

County :

Putnam

Style :

Residential Income

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Property Details

 

Bedroom Information

Total Bedrooms : 12

Bathroom Information

Total Baths: 8

Full Baths: 8

Water/Sewer

Sewer: Septic Tank

Interior Features

Roof : Metal, Shingle

Appliances : Dryer, Electric Oven, Electric Range, Electric Water Heater, Gas Range, Microwave, Refrigerator, Washer

Roofing Information

Metal, Shingle

Heating & Cooling

Heating: Central

Cooling: Central Air, Wall/Window Unit(s)

Water Source: Well

Building Information

Year Built: 1969

Stories: 1

Roof: Metal, Shingle

Pool Information

None

Road Type

Gravel

Pool Features

None

Lot Information

Lot Description: Cul-De-Sac, Other

Waterfront: Deeded Beach Access

Stories: 1

Main Square Feet: 4,663

Property Information

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 Price Information

Listing Id: 1243331

List Price: $575,000

List Price Tot SqFt: $123

Listing Terms Cash

Listing Information

Possession: Negotiable

Tax Information

Parcel Number: 331026000000300045

Utility Information

Separate Electric Meters

Location Information

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.

Nearby Home Value

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.

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