16842 SPRING Street, White Springs, FL, 32096 | $149,000

Charming Cottage + Expansion Opportunity in the Heart of White Springs

Welcome to 16842 Spring Street--an updated home on a large, fully usable lot in one of North Florida's most welcoming small towns.

Set directly across from the city park, your front view is open green space, mature trees, and everyday neighborhood life--kids playing, neighbors out walking, and a setting that feels peaceful and connected from the moment you arrive.

Inside, the home has been thoughtfully improved, with nearly everything updated within the last 2. 5 years, including a metal roof, energy-efficient windows, updated electrical with new fuse box, termite bond in place, new appliances, new flooring, fresh interior paint, and adjustable foundation supports. The result is a move-in ready property with minimal immediate maintenance and strong long-term durability.

The real opportunity, however, is outside.

The large ΒΌ-acre fully fenced yard provides exceptional flexibility: Room for a pool, garage, or additional structure Extra-wide drive gate with space for RV, boat, or equipment access Plenty of usable land for expansion or customization There is also clear potential to add an ADU or build a second dwelling at the rear of the property. The existing home could easily serve as a primary residence, guest house, rental, or private office while expanding the footprint of the property over time. The location further enhances both lifestyle and income potential. Situated between Stephen Foster Folk Culture Center State Park and Big Shoals State Park, and just minutes to the Suwannee River, the area attracts a steady flow of visitors for hiking, kayaking, cycling events, and festivals throughout the year. For investors, this creates a strong short-term or seasonal rental opportunity, with demand driven by outdoor tourism, local events, and visitors seeking a quiet retreat. The layout, location, and expansion potential make it easy to position this property for income while still maintaining long-term upside. Whether you're looking for a full-time residence, a weekend escape, or a property with income and future development potential, 16842 Spring Street offers a rare combination of updates, land, flexibility, and location. Homes with this level of improvement, on this size lot, with this kind of versatility--especially directly across from a park--are becoming increasingly difficult to find.

Features

  • Bedrooms: 1
  • Baths: 1 full
  • Style: A-Frame
  • Year Built: 1950
  • Heating: Electric
  • Cooling: Wall/Window Unit(s)
  • Approx Sq. Feet: 896
  • Acreage: 0.25
  • Middle School: Greenwood
  • High School: Hamilton
  • Appliances: Dryer, Electric Cooktop, Refrigerator
  • MLS#: 2139606
  • Days on Market: 44 days
  • Website: https://www.raveis.com
    /prop/2139606/16842springstreet_whitesprings_fl?source=qrflyer
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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16842 SPRING Street, White Springs, FL, 32096

$149,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $119,200 $119,200 $119,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.524% 5.866%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $714 $744 $982
Total Monthly Payment $789 $819 $1,057

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.