109 CODY Drive Satsuma, FL $ 525,000
109 CODY Drive
$ 525,000
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109 CODY Drive

Satsuma, FL, 32189
$ 525,000
Bedrooms12 Baths8.0 Sq 4,663

Monthly Estimate*

$ 3,489

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Multi-Family Home for sale in Satsuma, FL

for $525,000 with 12 bedrooms and 8 full baths. This 4,663 square foot home was built in 1969.

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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Multi-Family Active

Price

$ 525,000

Bedrooms

12

Full Bath

8

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

1969

Town/City

Satsuma

County/Region

Putnam

MLS | Web ID

1243331

Features
General
Sewer Septic Tank
Heating Central
Cooling Central Air Wall/Window Unit(s)
Utilities Separate Electric Meters
Possession Negotiable
Roof Metal Shingle
Appliances Dryer Electric Oven Electric Range Electric Water Heater Gas Range Microwave Refrigerator Washer
Garage Spaces 0.0
Pool Features None
Year Built 1969
Stories 1
Waterfront Features Deeded Beach Access
County Putnam
New Construction 0
Property Type Residential Income
HOA / Comm Assn N
Attached Garage N
Subdivision Name Metes & Bounds
Garage Y/N N
Status Active
Directions 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.
City Satsuma
Buyer Agent Compensation 2.50
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 5
MLS Area 581-Satsuma/Hoot Owl Ridge
Lot Size Square Feet 0.0
Waterfront Y/N N
Carport Y/N N
Street Name CODY
Listing Terms Cash
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 581-Satsuma/Hoot Owl Ridge
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 294
Standard Status Active
Cash True
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Exterior
Parking Features Covered Detached
Lot Features Cul-De-Sac Other
Water Source Well
Lot Size Area 0.0
Spa N
Street Suffix Drive
Lot Size Acres 0.0
Road Surface Type Gravel
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Full Baths 8
Half Baths 0
Total Bedrooms 12
Electric On Property Y/N N
Total Baths 8
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Internal Only
Street Number 1 109
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* Excluded Features
List By
Florida Homes Realty & Mtg Llc

Broker

tina@aranthomesfl.com

Email

Affordability Calculator

$3,489
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,489
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
308105 Elementary School
308138 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/15/2024$525,000 -8.70% Price Down
4/9/2024$575,000 -4.15% Price Down
2/12/2024$599,900 -4.02% Price Down
8/18/2023$625,000 Listed Price

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109 CODY Drive, Satsuma, FL, 32189 is a Multi-Family Home for sale at $525,000 with 4,663 sqft. 109 CODY Drive has 12 bedrooms, 8.0 baths, and was built in 1969. The property's zip code is 32189 which is in Satsuma, FL