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Sold·Closed Apr 22, 2025·265 days on market

118 Paradise Drive

Welaka, FL 32193

$245,000sold priceListed at $249,900 · 98% of asking$227/sqftMLS# 2039791
2
Beds
2
Baths
1,078
Sq Ft
1995
Built
1
Garage
No
Pool
HOA $4/mo8,276 sqft lotWaterfrontMobile Home1 story

About this home

Welaka

It's all about location and this is the perfect place to live if you just can't get enough fishing and love exploring the St. Johns River and its surrounding waterways. You'll enjoy your morning coffee overlooking the covered boathouse w/lift from the comfort of the eat-in kitchen or screened L-shaped porch. The oversized concrete slab will accommodate an RV in addition to your vehicle(s). Oversize one-car garage with workshop (19.7x10.7). The non-mandatory association fee is $50/yr. SELLER WILL CONSIDER OWNER FINANCING, WITH $103,960 DOWN PAYMENT AT 7 1/2% FOR 25 YEARS TO BALLOON IN 5 YEARS, TO A QUALIFIED BUYER. Seller is making buyers aware that during the last hurricane, duct work got wet and has been replaced by Artic Air.

Cost to own

True monthly cost

What this home actually costs per month at the asking price — not just the mortgage.

Principal & interest20% down · 7.4% · 30yr$1,357
HOAbilled annually$4
Estimated total, before insurance$1,361/mo
  • • Homeowners insurance is on top — in Florida it varies widely with roof age and wind/flood zone (see the Reality Check below). Budget it before you offer.
  • • In CDD communities (Nocatee, eTown, Seven Pines…), bond assessments are collected on the property-tax bill, and the amount varies home to home — a prior owner may have prepaid the bond — so we confirm this home’s exact line rather than trust a community average.
  • • Taxes are estimated at YOUR purchase price — Florida assessments reset on sale, so the seller’s current bill is usually lower than yours will be.
Mortgage calculator — adjust rate & down payment

Cost to own

Mortgage calculator

$245,000
$49,000
Loan Term
Monthly Payment
$1,357
Principal & Interest: $1,357
Insurance (est.): $163
Estimated Total Monthly
$1,520
*30-year loan at 7.4% APR (avg 30-yr rate 2026-10-15, Freddie Mac PMMS via FRED). Taxes vary by county; insurance is a rough estimate — Florida premiums swing with roof age and flood zone (see the Reality Check). Actual costs may vary.

Storms & insurance

Florida Reality Check

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

Flood zone not yet determined

Check the exact parcel at msc.fema.gov or ask Krista to pull it.

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

Evacuation zone not yet determined

Check floridadisaster.org/knowyourzone.

Roof: Metal, Shingle — year not disclosed (home built 1995)

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

Solar potential: ~1,701 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

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.

Around this address

Nearby, from public data

The closest public beach, park, water access and league fields from this home's location.

Not from the MLS. Places from FWC, FDEP, the water districts, the counties and the cities; distances are straight-line from this home unless a drive time is shown. Fees, hours and access change, so check the agency’s page before you go.

Sun & Light

Northwest-facing backyard — summer sunsets, gentle days

The listing reports the home facing southeast, which puts the backyard on the northwest side. Today at this address: sunrise 7:29 AM, sunset 6:54 PM.

  • The rear sits softly lit through most of the day, then catches the late golden hour — in summer the sun sets almost straight into this exposure.
  • Cooler than a true west lot with some of the sunset payoff; winter evenings go dark early.

Orientation per the MLS listing; sun paths are seasonal geometry for Northeast Florida, not a shade study — trees, screening, and neighboring structures change the picture on any specific lot.

Cost to own

Taxes & assessment

2023 property taxes (current owner): $842/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. Sources: Florida DOR certified tax roll, NEFMLS.

Closed sales

What sold nearby

Closed sales within about two miles in the last 18 months, same property type, similar size. Closed prices from the MLS, not estimates. Their median is $274/sq ft; this home is listed at $232/sq ft.

AddressClosedPrice$/sq ftBd/BaSq ftDOMMiles
170 Moonlite Drive, Welaka, FL 32193Listed by COLDWELL BANKER BEN BATES INCApr 2026$293,000$2772/21,056100.1
219 Sportsman Drive, Satsuma, FL 32189Listed by ASSIST2SELL FULL SERVICE REALTY LLC.Dec 2025$300,000$2330/21,288700.1
94 Happiness Drive, Welaka, FL 32193Listed by BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTYAug 2025$265,000$2743/2966250.1
198 Sportsman Drive, Welaka, FL 32189Listed by IHEART REALTY INCApr 2026$265,000$2112/21,2564290.2
302 Sportsman Drive, Welaka, FL 32193Listed by IHEART REALTY INCMar 2026$169,900$1822/293460.4
291 Maxwell Drive, Welaka, FL 32193Listed by CENTURY 21 ST AUGUSTINE PROPERTIESJul 2025$450,000$3423/21,3143210.4

Sold data from the realMLS IDX feed. A closed price is what a buyer paid, not what this home is worth; Krista runs the adjustments per home.

Features

Price$249,900
Price / Sq Ft$232
Bedrooms2
Bathrooms2.00
Full Baths2
Square Footage1,078
Acres0.19 acres
Year Built1995
TypeResidential
Sub-TypeMobile Home
StatusClosed
# of Garages1
Has PoolNo
Is WaterfrontYes
Direction FacesSoutheast

Community Information

Address118 Paradise Drive, Welaka, FL 32193
Area582-Pomona Pk/Welaka/Lake Como/Crescent Lake Est
SubdivisionSportsman Harbor 2
CityWelaka
CountyPutnam
StateFL
Zip Code32193
Lot Size8,276.4 sq ft
Lot Dimensions80 x 100
Parcel Number331126879100001170
ZoningResidential

Amenities

AmenitiesClubhouse
UtilitiesCable Available, Electricity Connected, Sewer Connected, Water Connected
SewerPublic Sewer
Water SourcePublic
ParkingAdditional Parking, Detached, Garage, Garage Door Opener
ViewCanal
Waterfront TypeCanal Front, Seawall

Interior

Interior FeaturesCeiling Fan(s), Eat-in Kitchen, Primary Bathroom - Shower No Tub, Vaulted Ceiling(s), Walk-In Closet(s)
AppliancesDishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Washer
HeatingCentral, Electric
CoolingCentral Air, Electric
FlooringCarpet, Vinyl
# of Stories1
LevelsOne
LaundryElectric Dryer Hookup, In Unit

Exterior

Exterior FeaturesBoat Lift, Boat Slip, Dock
Lot DescriptionCleared, Dead End Street
Patio / PorchCovered, Porch, Rear Porch, Screened
RoofMetal, Shingle
ConstructionVinyl Siding
Other StructuresBoat House
Road SurfaceAsphalt
Road FrontageCounty Road

Additional Information

Date ListedJuly 30, 2024
Days on Market265
HOA Fees$50 / Annually
HOA FrequencyAnnually
Tax Amount$841.86
Tax Year2023
Listing TermsCash, Conventional, Owner May Carry
55+ CommunityNo
New ConstructionNo

Listing Courtesy of: COLDWELL BANKER BEN BATES INC

Sold by: CW REALTY (buyer's brokerage)

Information deemed reliable but not guaranteed. Data provided through the IDX program of realMLS (Northeast Florida Multiple Listing Service). © 2026 Northeast Florida Multiple Listing Service, Inc. All rights reserved.

Your Local Realtor

Krista Fracke - Broker Associate

Krista Fracke

Broker Associate

This home sold on Apr 22, 2025. If you own nearby and want to know what this sale means for your value, or you're shopping this street, I can walk you through it.

Text Krista about this saleHomes for sale nearby →

20+ years · 500+ closings · NE Florida

Is this home priced right?

Ask Krista and she'll email you her read on how this price compares with recent sales nearby.

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