109 Cody Drive, Satsuma, FL

$525,000

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12

Beds

8

Baths

4,663

Square feet

About 109 Cody Drive

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.

Features of 109 Cody Drive

MLS® # 1243331
Price $525,000
Bedrooms 12
Bathrooms 8.00
Full Baths 8
Square Footage 4,663
Year Built 1969
Type Residential Income
Status Active

Community Information

Address 109 Cody Drive
Area 581-Satsuma/Hoot Owl Ridge
Subdivision Metes & Bounds
City Satsuma
County Putnam
State FL
Zip Code 32189

Amenities

Utilities Separate Electric Meters
Parking Covered, Detached
Is Waterfront No
Waterfront Deeded Beach Access
Has Pool No
Pool None

Interior

Appliances Dryer, Electric Oven, Electric Range, Electric Water Heater, Gas Range, Microwave, Refrigerator, Washer
Heating Central
Cooling Central Air, Wall/Window Unit(s)
Fireplace No
# of Stories 1

Exterior

Lot Description Cul-De-Sac, Other
Roof Metal, Shingle

Additional Information

Date Listed August 18th, 2023
Days on Market 284
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeFLORIDA HOMES REALTY & MTG LLC

Listing Map

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