1001 SHELL Street
About This Property
Just minutes to the public boat ramp and the legendary St. Johns River, plus a short golf-cart ride to restaurants, pubs, shops, and community events. Launch your boat, explore nearby springs, reel in dinner,then cruise home by golf cart - this is the Welaka lifestyle!
Inside you'll love the open floor plan, bright kitchen, and spacious bedrooms designed for relaxed living. Perfect as a primary home, winter retreat, or weekend escape. Now's your chance to claim your place in this growing river community and start living the Florida dream!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 8, 2026 | Relisted | $219,900 | |
| Relisted | |||
| May 5, 2026 | No longer available | - | |
| No longer available | |||
| Nov 3, 2025 | Listed by MAXREV, LLC | $219,900 | |
| Listed by MAXREV, LLC | |||
| Aug 6, 2025 | Price Decreased |
$225,000
↓ $50K
(18.2%) | |
| Price Decreased | |||
| Mar 17, 2025 | Listed | $275,000 | |
| Listed | |||
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GOLF CART FRIENDLY WELAKA. Brand new, move in ready 4/2 home perfectly situated just a stone's throw from the serene St. Johns River in the charming, town of Welaka. This home offers spacious living areas, a split bedroom plan and a convenient location. Whether you're relaxing indoors or enjoying the great outdoors, this home is designed for comfort and convenience.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017