$1,000,000
$3M PRICE DROP

201 Oak St Welaka, FL 32193

Estimated payment $5,423/month

Total Views 27,326
2 Beds
1 Bath
500 Sq Ft
$2,000 Price per Sq Ft

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.

Listing Agent

Rae Malee Walsh

WATSON REALTY CORP License #3555972 Listed on: 01/03/2026

WATSON REALTY CORP

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,455

Year Built

Built in 1920

Lot Details

0.46 Acres

Listing Details

  • Property Type: Residential
  • Property Attached Yn: No
  • New Construction: No
  • Stories: 1
  • Year Built: 1920
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.46
  • Subdivision Name: Welaka
  • Architectural Style: Cottage
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • General Property Information Accessibility Features YN2: No
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information:Pool Private YN: No
  • General Property Information Homestead YN: No
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Open Floorplan
  • Major Appliances: Electric Range, Refrigerator
  • Furnished: Negotiable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Wood
  • Living Area: 500.0

Exterior Features

  • Waterfront: No
  • Roof: Metal
  • Lot Features: Few Trees
  • Pool Private: No
  • Patio And Porch Features: Covered, Front Porch, Porch, Screened
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Split System
  • Cooling Y N: Yes
  • Sewer: Unknown
  • Water Source: Other

Condo/Co-op/Association

  • Community Features: Restaurant
  • Senior Community: No
  • Association: No

Lot Info

  • Current Use: Mixed Use
  • Lot Size Sq Ft: 20037.6
  • Parcel #: 411226920001400040
  • Zoning Description: Single Family

Tax Info

  • Tax Annual Amount: 1455.36
  • Tax Year: 2025

Matterport 3D Tour

Floorplan

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: realMLS (Northeast Florida Multiple Listing Service)

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
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $25,000 Seller Take Back
Source: Public Records

About the Listing Agent

Rae Malee Walsh

WATSON REALTY CORP

(386) 251-5095

Section Image

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

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Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 2123353

realMLS (Northeast Florida Multiple Listing Service)

APN: 41-12-26-9200-0140-0040

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