6312 Drake Avenue

Keystone Heights, FL 32656

$18,000MLS# 1097117

Beds

Baths

Sq Ft

—

Built

—

Garage

Pool

About this home

Keystone Heights

WONDERFUL TIME TO BUY LAND IN FLORIDA. PRICES ARE GOING UP. THIS LOT IS IN A AREA OF MIXED USE. SITE BUILT OR HOMES IN AREA. MORE AFFORDABLE AREA THAN JACKSONVILLE.

Cost to own

Mortgage calculator

Home Price

$18,000

Down Payment: 20%

$3,600

Interest Rate: 6.65%

Loan Term

Monthly Payment

$92

Principal & Interest: $92

Property taxes (est.): $28

Insurance (est.): $12

Estimated Total Monthly

$132

*30-year loan at 6.65% APR (avg 30-yr rate 2026-08-20, Freddie Mac PMMS via FRED). Taxes use the county effective rate; insurance is a rough estimate — Florida premiums swing with roof age and flood zone (see the Reality Check). Actual costs may vary.

Cost to own

Taxes & assessment

Year	Market value	Taxable value	Change
2025	$5,000	$4,658	—
2024	$5,000	$4,235	—
2023	$5,000	$3,850	—
2022	$3,500	$3,500	—
2021	$3,500	$3,500	—
2020	$3,500	$3,500	—

Estimated taxes if purchased at asking price: ~$300/yr

Florida’s Save Our Homes cap limits how fast the current owner’s assessment can rise — and it resets when a home sells, so a buyer’s tax bill is typically based on the purchase price, not the seller’s bill above. Estimate uses the median effective rate across 792 current Clay listings and includes typical non-ad-valorem assessments; actual taxes depend on exemptions and taxing district. Sources: Florida DOR certified tax roll (2025), NEFMLS.

Storms & insurance

Florida Reality Check

The storm-and-insurance facts every Florida buyer should know up front.

Zone X — minimal flood hazard

Flood insurance is typically not required by lenders (always optional).

Flood damage is not covered by standard homeowners insurance — it’s always a separate policy.

Outside all hurricane evacuation zones

This location is not in a designated storm-surge evacuation zone.

Roof: material not specified

Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.

Solar potential: ~1,505 usable sun-hours per year

A strong solar roof by Florida standards — worth pricing panels if energy bills matter to you.

Krista can connect you with local insurance quotes before you make an offer.

Ask about this home

As of July 2026, this Reality Check is informational only — it draws on FEMA/FDEM hazard layers, Florida DOH water records, and the listing’s own fields at this property’s coordinates. None of it is a determination, survey, or inspection, and public records can lag or conflict with on-site conditions. Independently verify anything you’ll rely on: the flood zone at msc.fema.gov and floridadisaster.org/knowyourzone (and confirm flood-insurance cost with your lender and a licensed insurance agent), and the sewer/septic, roof, and utilities with a professional inspection.

History