500 WALNUT Street
About This Property
Welcome to your turn-key sanctuary in the heart of Welaka, Florida--proudly known as the Bass Capital of the World! Nestled on a sprawling corner lot of nearly 1 full acre, this immaculate 3-bedroom, 2-bathroom brick home is enveloped by a breathtaking, mature oak canopy, offering the perfect blend of southern charm, modern updates, and ultimate convenience.
Key Property Highlights:
Move-In Ready & Fully Furnished: Skip the hassle of moving trucks. This home comes completely furnished and styled, ready for you to enjoy on day one.
Premium Upgrades: Features a durable, long-lasting metal roof, a freshly painted interior, and brand-new stainless steel appliances in the kitchen.
Peace of Mind: Equipped with a whole-house generator, ensuring you are never left in the dark. Exterior Layout: Features a paved driveway with convenient dual-street access (perfect for pulling in boats or trailers), an attached carport, and plenty of space to stretch out on your near-acre lot.
The Welaka Lifestyle: Golf Carts & World-Class Fishing
Location is everything, and this property puts you right in the center of Welaka's vibrant, laid-back community:
Boater's Paradise: Located less than a half-mile from the public boat ramp, giving you effortless, minutes-away access to the St. Johns River for world-class bass fishing and boating.
Golf Cart Community: Leave the car keys behind! Welaka is a golf-cart-friendly town. Hop on your cart for a scenic evening cruise to local restaurants, the convenience store, or a neighborhood gathering with friends.
Whether you are looking for a permanent residence, a weekend fishing retreat, or a lucrative vacation rental, this Welaka gem offers an unmatched lifestyle.
Schedule your private tour today and start living the river life!
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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 |
|---|---|---|---|
| Sep 17, 2026 | In contract | - | |
| In contract | |||
| Sep 8, 2026 | Relisted | $376,000 | |
| Relisted | |||
| Aug 19, 2026 | In contract | - | |
| In contract | |||
| Jun 14, 2026 | Listed by TIMBER TO TIDES REALTY LLC | $386,000 | |
| Listed by TIMBER TO TIDES REALTY LLC | |||
| Sep 19, 2007 | Listed by WATSON REALTY CORP | $269,000 | |
| Listed by WATSON REALTY CORP | |||
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Here it is, a beautiful brick house located in the heart of Welaka! Close to the boat ramp and convenient to the post office and drug store. LOOK TODAY before it is gone!!Priced to sell!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017