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$400,000.00
est: $1,678.93 prin & int/month
Assuming 20% down and 30 year mortgage at 4.800% interest rate (APR: %)
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MOTIVATED SELLER!!!! RARE Satsuma Commercial & Residential Opportunity! Historic 1900 Victorian on approximately 0.78 acres with 131+ feet of US Highway 17 frontage, zoned C-1 Commercial Neighborhood. The existing single-family residential use may be able to continue as a legal nonconforming use subject to Putnam County regulations. C-1 zoning allows a variety of commercial uses, including retail, restaurant/café, professional or medical office, daycare/adult care, salon, boutique, antique store and service businesses, subject to County requirements. The property includes the historic Victorian, 30x40 steel building and detached garage, offering exceptional renovation, adaptive-reuse, investment and redevelopment potential. Potential Bed & Breakfast/Boutique Lodging opportunity--Putnam County has confirmed B&B use may be pursued through rezoning to C-2 or an appropriate residential zoning district, followed by required approvals. *2 non-conforming bedrooms on the 3rd Floor* Ideally located along the growing US Highway 17 corridor between Palatka, Welaka and Crescent City and near the St. Johns River, Crescent Lake, parks and recreational attractions. Convenient access to surrounding communities and outdoor recreation. Just minutes from the proposed Johnny Morris/Bass Pro resort area, offering potential long-term investment appeal. The property offers a unique opportunity for an owner-user, investor, entrepreneur or developer seeking a distinctive historic property with both continued residential use and commercial redevelopment potential. Buyer to verify all intended uses, zoning, parking, access, utilities, building requirements and development approvals with Putnam County. FDOT/US 17: County custodians have advised that there are currently no FDOT right-of-way takings or easements affecting this property. Buyer to independently verify current FDOT plans and requirements. AS-IS. No repairs will be made by Seller. Disclosures on file. DO NOT BOTHER THE TENANT IN THE WORKSHOP. Contents in the home are negotiable. Third-floor stairs are not to current code; use caution when accessing the third floor. A small fire occurred at some point on the third floor; the area has been left exposed and there is reportedly minor damage. The third floor contains two large rooms. Seller does not guarantee measurements or square footage. Square footage is based on Property Appraiser records; buyer to verify all measurements, square footage and property information. 100-foot railroad easement. Buyer to verify all easements, access, zoning, permitted uses and development requirements.

Information

Address:
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please call.
Satsuma, FL 32189

Bedrooms: 4

Bathrooms: 2 full 1 partial

Square Feet: 3818

Type: Victorian

Subdivision: Metes Bounds

Area/School Dist: 581-Satsuma-Hoot Owl Ridge

MLS ID: 2162861

Status: Active

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Features

Taxes: $3,024
Roof Type: Metal
Exterior: Other,Wood Siding
Special View Info: Trees/Woods
Lot Size: 0.78 Acres
Lot Dimensions: 0
Cooling: Central Air,Wall/Window Unit(s)
Year Built: 1900
Sewer: Septic Tank

delta_special_features) Property Attached Y/N:^ No||Directions:^ Highway 17 to Satsuma over the Dunns Creek Bridge property will be on your right.||Property Sub-Type:^ Single Family Residence||Listing Terms:^ Cash,Conventional||Appliances:^ Gas Range,Refrigerator||Current Use:^ Residential,Other||Exterior:^ Outdoor Shower||Fireplace:^ Other||Fireplace YN:^ Yes||Flooring:^ Carpet,Wood||Interior:^ Breakfast Nook,Built-in Features,Ceiling Fan(s),Eat-in Kitchen,Entrance Foyer||Laundry:^ In Unit||Lot Description:^ Few Trees||Parcel #:^ 391126847001100100||Garage:^ Other,Additional Parking,Circular Driveway,Covered,Detached,Garage||Patio/Porch:^ Covered,Deck,Front Porch,Patio,Porch,Rear Porch,Side Porch,Wrap Around||SQFT Living:^ 3818||Utilities:^ Electricity Connected,Propane|| (delta_special_features_end)

Mortgage Information

Agency/Agent Information

Shown By:
  Agency Name: Broker One Realty, Inc
  Agency Phone: (614) 246-7153

Listed By
   WATSON REALTY CORP

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