About This Home

This 4-bedroom, 3-bathroom single family at 1173 S HIGHWAY 17 in Satsuma, FL is listed for $400,000 ($105 per sqft). Built in 1900, the home offers 3,818 sqft of living space on a 0.78 acres lot.

Key Features

  • Built in 1900
  • 0.78 acre lot
  • 3 stories
  • Fireplace

Property Details

3 stories
2 full, 1 half
1900

Amenities

FireplaceA/C
Listing Description

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/cafe, 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 seekin

g 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.

Monthly Cost Estimate

$2,139/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,733
Insurance$117

Estimates only. Actual payments may vary.

Location

1173 S HIGHWAY 17

Satsuma, FL 32189

Metes & Bounds

Features & Amenities

Interior Features

Breakfast NookBuilt-in FeaturesCeiling Fan(s)Eat-in KitchenEntrance Foyer

Exterior Features

Outdoor Shower

Property Details

Flooring

CarpetWood

Construction

Wood Siding

Outdoor Features

DeckPatioPorch

Parking

GarageDrivewayCovered

Cooling

Window Unit(s)Central AirWall/Window Unit(s)

Appliances

Gas RangeRefrigerator

Questions & Answers

This 4-bedroom, 3-bathroom single family at 1173 S HIGHWAY 17 is listed at $400,000 ($105/sqft). The estimated monthly payment is $2,140 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.78 acre lot, 3 stories, Fireplace. Interior Features: Breakfast Nook, Built-in Features, Ceiling Fan(s). Exterior Features: Outdoor Shower.

This property is listed by RAE MALEE WALSH and can be reached at 8137847891.

RW

RAE MALEE WALSH

Agent at Watson Realty Corporation

(813) 784-7891

Listed by Watson Realty Corporation · Broker phone: (904) 596-5931 · View on Broker Site

MLS# 2162861· Source: realMLS· 20 days on PropertySimple

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1173 S HIGHWAY 17, Satsuma, FL 32189

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