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Putnam 32193
150 PARADISE Drive
$305,000
● Mobile Manufactured - Off Market

150 PARADISE Drive

Welaka, FL 32193
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,265 Ft²
$327,419
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Waterfront Retreat on a canal just a short distance to the St. Johns River!  This 2 bedroom 2 bath home would make the perfect retirement location or retreat.  There is a huge screened in lanai perfect for entertaining or to just relax and watch the sunsets over the St. Johns River.  Step outside to the covered boathouse or dock your houseboat along the bulkhead which will accommodate 50+ foot boat!  This home is also situated on a large corner lot.  There is a detached workshop with electric to keep your spouse out of your hair! Don't forget to bring your golf cart to this golf cart community, as there are many restaurants just a short golf cart/boat ride away. Don't miss out on this unique property!  Call today for more info/showings!
Unit Size
1,265 Ft²
Days on Market
-
Land Size
-
Price per sqft
$257
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1995

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Cap Rate Calculator

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Cap Rate 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: 2 years ago (Real MLS #1212695)

Price History

Date / Event Date Event Price
May 25, 2023 Sold
Premium
Sold
Feb 14, 2023 Listed by IHEART REALTY INC $324,900
Listed by IHEART REALTY INC
Jun 29, 2007 Sold
Premium
Sold

Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 53
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,265
  • Gross Building Area: 1,265
  • Building Area: 1,265
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,265
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPORTSMANS
  • Land Acres: 0000000280
  • Standard Land Use Code: 1006
  • County Land Use Code: 00200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: SPORTSMANS HARBOR S/D UNIT 2 MB5 P44 LOT 150

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 951300

Geography

  • Account Number: 62172
  • Parcel: 33-11-26-8791-0000-1500
  • Lot: 150
  • Meridian: SEC 33 TWN 11S RNG 26E
  • Municipality: TOWN OF WELAKA
  • Latitude: 29.4906
  • Longitude: -81.6808

    Address

  • Full Address: 150 Paradise Dr
  • Address - House Number: 150
  • Address - Street Name: Paradise
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Welaka
  • Carrier Code: H010
  • 4-Digit Zip Code: 3445
  • Zip Code: 32193

Valuation

    Tax

  • Total Area: 1,429
  • Tax Year: 2023
  • Tax Amount: $219,604
  • Tax Rate Code Area: 050

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 225,570
  • High Value: 330,114
  • Low Value: 121,025

    Market Valuation

  • Market Total Value: $244,210
  • Market Land Value: $137,700
  • Market Improvement Value: $106,510

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $141,790

    Sales

  • Current Sale Contract Date: May 09, 2023
  • Current Sale Recording Date: May 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11571
  • Previous Sale Recording Date: Jun 29, 2007
  • Previous Sale Contract Date: Jun 29, 2007
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Putnam

Stats & Trends

Median Asking:

$280,000

Sale Price/ft²

$188

Below Asking

0.03%

Average Days on Market

74

Average Home Size

1774 ft²

Average Home Age

45.5 years

Currently For Sale

409 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Real MLS

Listed by: REED MATHEWS, IHEART REALTY INC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1212695
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.

Frequently Asked Questions

When was property at 150 Paradise Drive built and last sold?
The property at 150 Paradise Drive was built in 1995 and last sold on May 9, 2023 for $305,000.
How much is this home worth?
The estimated value of the home located at 150 Paradise Drive is $0.
What are some comparable homes to 150 Paradise Drive?
There are currently no comparable homes to 150 Paradise Drive.
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