654 Old Welaka Road
About This Property
Discover the perfect blend of privacy and adventure on this stunning 3.79-acre parcel, shaded by a breathtaking canopy of oaks. This is ''Old Florida'' at its finest--a high-and-dry sanctuary ready for you to break ground on a custom estate.
Prime Location & Natural Privacy
Situated on a quiet paved road, this property offers a rare level of seclusion, bordering Floridian Holdings LLC property along the entire rear boundary. Enjoy a wooded backdrop and the peaceful sounds of nature right in your backyard.
Wildlife Haven: A frequent corridor for White-tail deer and Osceola turkeys, making it a nature lover's dream.
Ready to Build: Zoned SR1-A for your dream home. Electric is already at the road, with city water and sewer utilities conveniently nearby.
The Ultimate River Lifestyle Located in the premier golf cart community of Welaka, life here moves at a slower, more intentional pace. Whether you're heading to a riverfront dinner or the local bait shop, your golf cart is the preferred mode of transport.
World-Class Fishing: Minutes from public boat ramps leading to the St. Johns River, famously known as the "Bass Capital of the World."
Springs & Exploration: Short distances to Florida's iconic crystal-clear springs, accessible by both land and water.
The Best of Both Worlds: Privacy on your acreage with easy access to the town's charming amenities.
Bring your blueprints and your boat to the most sought-after pocket of Putnam County.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 18, 2026 | Price Decreased |
$230,000
↓ $20K
(8%) | |
| Price Decreased | |||
| Mar 10, 2026 | Listed by TIMBER TO TIDES REALTY LLC | $250,000 | |
| Listed by TIMBER TO TIDES REALTY LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017