Price Reduced 8.00%
Price History
$625,000
8/18/2023
$599,900
2/12/2024
$575,000
4/9/2024
109 CODY Drive, Satsuma, FL, 32189
12 beds
8 Full baths
1969
4,663 sqft
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.
Status:
Active
Type:
Single-family residential
Units:
5
Subdivision:
Metes & Bounds
Heating:
Central
Cooling:
Central Air, Wall/Window Unit(s)
Parking:
Covered, Detached
Utilities
Separate Electric Meters
Lot Description:
Cul-De-Sac, Other
Appliances:
Dryer, Electric Oven, Electric Range, Electric Water Heater, Gas Range, Microwave, Refrigerator, Washer
Pool:
None
MLS #:
1243331
Community Info
School Info
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