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109 Cody Drive

Satsuma, FL 32189

12 beds
8 baths
4,663 sqft
$123 per sqft
1969 build
– on site

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.

Listing courtesy of NEFMLS / FLORIDA HOMES REALTY & MTG LLC

Last checked: Checking… • Last updated Apr 9, 2024 •

MLS# 1243331 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1969
Development Status:

None
Architectural Style:

None
Roof:

Metal, Shingle
Roof Shingle:

true
Stories Total:

1
Stories:

1
Basement:

None
Foundation Details:

None
Building Features:

None
Window Features:

None
Patio And Porch Features:

None
Building Name:

None

Interior

Rooms Total:

None
Interior Features:

None
Fireplace:

No

Room Dimensions

Living Area:

4663.0
Living Area Units:

None
Living Area Source:

Public Records

Financial & Terms

Possession:

Negotiable

Location

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.
Cross Street:

None
Latitude:

29.58471
Longitude:

-81.677735

The Property

Parcel Number:

331026000000300045
Property Type:

Residential Income
Property Condition:

None
Property Attached:

No
Zoning:

None
Lot Features:

Cul-De-Sac, Other
Possible Use:

None
Topography:

None
Additional Parcels:

No
Additional Parcels Description:

None
Road Surface Type:

Gravel
Land Lease:

No

Listing Agent

Contact info:

Beds

Bedrooms Total:

12

Baths

Total Baths:

8.0
Total Baths:

8
Full Baths:

8
Three Quarter Baths:

None
Partial Baths:

None
Quarter Baths:

None

The Listing

Virtual Tour URL Branded:

None
Buyer's Brokerage Compensation Type:

None
Buyer's Brokerage Compensation:

2.50

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

true
Cooling:

Central Air, Wall/Window Unit(s)

Utilities

Utilities:

Separate Electric Meters
Sewer:

Septic Tank
Water Source:

Well

Appliances

Appliances:

Dryer, Electric Oven, Electric Range, Electric Water Heater, Gas Range, Microwave, Refrigerator, Washer

Schools

Elementary School District:

None
Middle Or Junior School District:

None

The Community

Subdivision Name:

Metes & Bounds
Pool Private:

No
Pool Features:

None
Waterfront:

false
Waterfront Features:

Deeded Beach Access
Water Body Name:

None
Pets Allowed:

None

Parking

Attached Garage:

false
Parking Features:

Covered, Detached

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
4/9/24 Apr 9, 2024	Price Changed	NEFMLS	$575,000	-4.2%
2/12/24 Feb 12, 2024	Price Changed	NEFMLS	$599,900	-4.0%
8/18/23 Aug 18, 2023	Listed / Active	NEFMLS	$625,000

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This multifamily located in FL 32189 is currently for sale for $575,000. 109 Cody Drive is a 4,663 square foot multifamily with 12 beds and 8 baths that has been on Estately for 258 days. This multifamily is in the attendance area of Browning Pearce Elementary School, Crescent City Jr Sr High School, and Miller Intermediate School.

Listing Courtesy of: NEFMLS and FLORIDA HOMES REALTY & MTG LLC.

Based on information from the NORTHEAST FLORIDA MLS 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. NEFMLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. NEFMLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.