Listing provided courtesy of WATSON REALTY CORP- MLS# 2123353MLS ProviderSource MLS Verified

201 OAK StreetWelaka, FL 32189

Single Family · 2 Beds · 1 Full Bath · 500 Sq. ft. | 0.46 Acres
$950,000 Active

201 OAK Street Overview

Time on Site:
177 days
Visits:
2

Price Drop~Total price: $3,400,000 for both parcels. Rare bundled opportunity featuring two parcels sold together: the residential cottage and the restaurant/commercial property (Parcel 41-12-26-9200-0140-0010). See MLS #2122960 for full details and specifications. Included is a fully remodeled, income-producing 2-bedroom, 1-bath cottage situated on its own parcel, offered in conjunction with the established Shrimps R Us & More Restaurant and Tiki Bar. This well-known local destination offers immediate income potential with existing operations in place. Ideal for investors seeking diversified revenue streams with both residential and commercial components. Positioned to benefit from the upcoming resort development and anticipated area growth, this is a strategic acquisition with strong upside potential.

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201 OAK Street Facts & Features

  • Type Single Family
  • Sq. ft. 500
  • Price/Sq.ft. $1,900
  • Lot 0.46 Acres

Details

General

Association/HOA

  • Association: No

Building Information

  • New Construction: No
  • Year Built: 1920

Business Information

  • Current Use: Mixed Use

Location/Region

  • Country: US
  • County Or Parish: Putnam
  • MLS Area Major: 582-Pomona Pk/Welaka/Lake Como/Crescent Lake Est
  • MLS Area Minor: 582-Pomona Pk/Welaka/Lake Como/Crescent Lake Est
  • Subdivision Name: Welaka

Tax Information

  • Tax Annual Amount: 1455.36
  • Tax Year: 2025

General Information

  • Furnished: Negotiable
  • Listing Terms: Cash,Conventional,Other
  • Parcel Number: 411226920001400040
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 2

General Information

  • Appliances: Electric Range,Refrigerator
  • Entry Level: 1
  • Flooring: Wood
  • Interior Features: Breakfast Bar,Open Floorplan
  • Levels: One
  • Living Area: 500.0
  • Living Area Source: Assessor
  • Rooms Total: 0
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Additional Parking,Off Street

Lot Information

  • Lot Features: Few Trees
  • Lot Size Acres: 0.46
  • Lot Size Area: 0.46
  • Lot Size Square Feet: 20037.6
  • Lot Size Units: Acres
  • Water Source: Other

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Cottage
  • Attached Garage: No
  • Patio And Porch Features: Covered,Front Porch,Porch,Screened
  • Property Attached: No
  • Roof: Metal

General Information

  • Carport: No
  • Other Structures: Other
  • Pool Private: No
  • Sewer: Unknown
  • Utilities: Electricity Connected,Sewer Connected,Water Connected

201 OAK Street Neighborhood

Community

32193 (Satsuma) Demographics

61
Median Age
117
Population Density (per sq. mile)
13%
College Educated
$29,054
Estimated Median Income
400
Estimated Total Home Owners
114
Estimated Total Renters
78% / 22%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

201 OAK Street Monthly Cost

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$ %
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$
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

201 OAK Street Market Data

Based on the last 30 days in this zip code

$337,056
Average List Price
$243
Average Price per Square Foot
1
Properties Sold
110
Average Days on Market
39
Properties for Sale
Calculations provided by Reliance Network

201 OAK Street History

Date Event Value Agent
6/17/2026Source: North East Florida MLS Price Reduction
$950,000 -5.0%
1/6/2026Source: North East Florida MLS Price Reduction
$1,000,000 -71.4%
1/3/2026Source: North East Florida MLS Added to Database
January 03, 2026