201 Oak St Welaka, FL 32193
Estimated payment $5,423/month
Highlights
- Open Floorplan
- No HOA
- Covered Patio or Porch
- Wood Flooring
- Cottage
- Cooling Available
About This Home
Total price: $3,500,000 for both parcels.
Rare bundled opportunity featuring two parcels sold together: the residential cottage and the restaurant/commercial property (Parcel 41-12-26-9200-0140-0010). See MLS #2122960 for full details and specifications. Included is a fully remodeled, income-producing 2-bedroom, 1-bath cottage situated on its own parcel, offered in conjunction with the established Shrimps R Us & More Restaurant and Tiki Bar. This well-known local destination offers immediate income potential with existing operations in place. Ideal for investors seeking diversified revenue streams with both residential and commercial components. Positioned to benefit from the upcoming resort development and anticipated area growth, this is a strategic acquisition with strong upside potential.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,455
Year Built
- Built in 1920
Lot Details
- 20,038 Sq Ft Lot
- Few Trees
Home Design
- Cottage
- Entry on the 1st floor
- Metal Roof
Interior Spaces
- 500 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Furnished or left unfurnished upon request
- Wood Flooring
Kitchen
- Breakfast Bar
- Electric Range
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- Additional Parking
- Off-Street Parking
Additional Features
- Covered Patio or Porch
- Cooling Available
Listing and Financial Details
- Assessor Parcel Number 411226920001400040
Community Details
Overview
- No Home Owners Association
- Welaka Subdivision
Amenities
- Restaurant
Matterport 3D Tour
Floorplan
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,455 | $65,170 | $32,480 | $32,690 |
| 2023 | $1,121 | $39,640 | $32,480 | $7,160 |
| 2022 | $1,089 | $38,470 | $32,480 | $5,990 |
| 2021 | $1,088 | $37,060 | $0 | $0 |
| 2020 | $1,102 | $36,580 | $0 | $0 |
| 2019 | $1,133 | $36,030 | $36,030 | $0 |
| 2018 | $801 | $35,410 | $35,410 | $0 |
| 2017 | $812 | $35,110 | $35,110 | $0 |
| 2016 | $793 | $34,820 | $0 | $0 |
| 2015 | $795 | $34,721 | $0 | $0 |
| 2014 | $797 | $35,160 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/06/2026 01/06/26 | Price Changed | $1,000,000 | -71.4% | $2,000 / Sq Ft |
| 01/03/2026 01/03/26 | For Sale | $3,500,000 | -- | $7,000 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Gullett Title Inc | |
| Warranty Deed | $340,187 | Gullett Title | |
| Warranty Deed | $75,000 | Palatka Abstract & Title Gua | |
| Warranty Deed | $30,000 | Associated Land Title Group |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $25,000 | Seller Take Back |
About the Listing Agent
Realtor® Rae Malee Walsh, P.A.
Watson Realty Corp. – Fleming Island, Florida
Realtor® Rae Malee Walsh, P.A. is a highly rated real estate professional based in Fleming Island, Florida, proudly affiliated with Watson Realty Corp.. Known by clients as both a “problem solver” and a “professional listener,” Rae Malee has built her reputation on strategic negotiation, attentive service, and measurable results.
Professional Background & Expertise
Rae brings a broad market perspective
Rae Malee's Other Listings
Source: realMLS (Northeast Florida Multiple Listing Service)
MLS Number: 2123353
APN: 41-12-26-9200-0140-0040
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Ask me questions while you tour the home.