$250,000
●
House -
Off Market
149 LAKE MARGO Drive
Satsuma, FL 32189
3 Beds
2 Baths
1,389 Ft²
$1,387
Est. Monthly
$75
HOA / Fees
About This Property
Brand New Construction in St. Johns River Estates--completed and
move-in ready! Located moments from the St. Johns River, this home
offers a lifestyle where the water becomes an extension of your
backyard. Enjoy private community boat-ramp access and optional
boat slips available for only $25 per month--an incredible
opportunity for river lovers.
Inside, the open-concept floor plan creates an inviting space for everyday living and entertaining, highlighted by vaulted ceilings that make the main living area feel bright, spacious, and open. Features include LVP flooring, tile showers, soft-close cabinetry, granite countertops, and a clean, modern finish throughout.
Built for durability and efficiency with 2x6 exterior framing, R-19 insulation, and spray foam at the roofline. Exterior features include LP SmartSide siding, a metal roof, Low-E windows, fiberglass doors, and a full gutter system.
New construction this close to the river is limited. Builder also has additional home-and-lot
Inside, the open-concept floor plan creates an inviting space for everyday living and entertaining, highlighted by vaulted ceilings that make the main living area feel bright, spacious, and open. Features include LVP flooring, tile showers, soft-close cabinetry, granite countertops, and a clean, modern finish throughout.
Built for durability and efficiency with 2x6 exterior framing, R-19 insulation, and spray foam at the roofline. Exterior features include LP SmartSide siding, a metal roof, Low-E windows, fiberglass doors, and a full gutter system.
New construction this close to the river is limited. Builder also has additional home-and-lot
Unit Size
1,389 Ft²
Days on Market
122 days
Land Size
0.14 acres
Price per sqft
$187
Property Type
House
Property Taxes
$35
HOA Dues
$75
Year Built
-
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 months ago (Real MLS #2137595)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Jul 22, 2026 | In contract | - | |
| In contract | |||
| May 15, 2026 | Price Decreased |
$260,000
↓ $10K
(3.7%) | |
| Price Decreased | |||
| Mar 31, 2026 | Listed by REAL BROKER LLC | $270,000 | |
| Listed by REAL BROKER LLC | |||
| Nov 4, 2025 | Listed | $270,000 | |
| Listed | |||
| | |||
|
Brand New Construction in St. Johns River Estates! Enjoy quality craftsmanship and modern design in this beautiful new home located in a peaceful riverfront community with private boat ramp access. Estimated completion March 2026. Built to last with 2x6 exterior framing, R-19 wall insulation, and spray foam roof insulation, this home offers both efficiency and durability. Features include LP SmartSide siding, architectural shingles or metal roofing, Low-E windows, and fiberglass insulated doors. Interior finishes showcase LVP flooring, tile showers and surrounds, soft-close cabinetry, and granite or solid-surface countertops. Every detail reflects quality, from the Amarr garage door to Sherwin-Williams or Behr paint. If an offer is made soon enough, buyers can select certain colors and finishes for a personalized touch. The builder has additional lots and home packages available.
| |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: GABRIEL HERRINGTON LLC, REAL BROKER LLC
Last Updated: 3 months ago
Data Source: Real MLS, MLS# 2137595
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 months ago
Data Source: Real MLS, MLS# 2137595
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