Current Use by Public Records
- Specialty properties
Property Details for 603 Front St
- Year built
- 1930
- Property type
- Specialty properties
- Property subtype
- Marinas
Description
This exceptional mixed-use property in Welaka, Florida, presents a unique investment opportunity. Situated on a .65-acre lot with 148 feet of waterfront and mature oak trees, this property boasts a charming 1,000 sq ft craftsman cottage remodeled in 2017, featuring modern amenities and historic charm, including African Wenge & Walnut flooring, a pecky Cypress vanity, stained glass, and panoramic windows. The cottage includes a private downstairs bedroom and bath with a separate entrance, ideal for rental income. Additionally, there are two 800 sq ft studios/offices, providing further revenue potential. Six boat slips offer additional income streams. A concrete pad is ready for expansion, such as a barn or A-frame structure, perfect for wedding venues or additional lodging. The property includes a 22 KW propane generator for backup power. The current zoning allows for creative uses including a boutique hotel, brewery, wedding venue, marina, or restaurant. Located across from the Ocala National Forest, this property offers stunning sunset views over the St. Johns River, a wildlife sanctuary, and convenient access to St. Augustine, Jacksonville, and Daytona. The property was built in 1930 and is a two-story building. The asking price is $1,500,000. Seller is open to all reasonable offers.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Welaka
- County
- PUTNAM
- State
- Florida
- Longitude
- -81.6743
- Latitude
- 29.479
