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Active

Active·218 days on market

742 Ridgeline Road 1

Satsuma, FL 32189

$319,500$148/sqftEst. $1,701/moMLS# 2042691

Beds

Baths

2,156

Sq Ft

1973

Built

—

Garage

Pool

About this home

Satsuma

Looking for an investment opportunity on Dunn's Creek? Look no further, this property has TWO income producing mobile homes 's on it generating right at $1,500 a month. At the end of the .97 of an acre; you are welcomed by a dock for fishing, boat lift, cleaning station, and a beautiful sunsets. Each home is a 2 bedroom 2 bath with generous space to retreat to after a successful fishing trip. Property has three sheds, once of which has a full bathroom. Next door is also a preserve, so neighbors are limited. Come take a tour of your next honey hole on Dunn's Creek.

Cost to own

Mortgage calculator

Home Price

$319,500

Down Payment: 20%

$63,900

Interest Rate: 7.00%

Loan Term

Monthly Payment

$1,701

Principal & Interest: $1,701

Est. Taxes & Insurance: $425

Estimated Total Monthly

$2,126

*Estimates based on 30-year loan at 7% APR. Actual payments may vary.

Cost to own

True monthly cost

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

Principal & interest20% down · 7.0% · 30yr$1,701

Estimated total, before insurance$1,701/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, SilverLeaf, eTown…), bond assessments are collected on the property-tax bill — the tax estimate above reflects county averages, so confirm this home’s exact CDD with us.
• 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.

Cost to own

Taxes & assessment

2023 property taxes (current owner): $3,296/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.

Storms & insurance

Florida Reality Check

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

Zone AE — high-risk flood zone (Special Flood Hazard Area)

Lenders require flood insurance for financed purchases here.

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

Hurricane evacuation zone A

Zone A evacuates first in a storm — typically coastal and surge-prone areas.

Roof: material not specified — year not disclosed (home built 1973)

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

Solar potential: ~1,455 usable sun-hours per year

Moderate solar exposure — shade or roof orientation limits panel output here.

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

Ask about this home

Informational only, based on FEMA National Flood Hazard Layer and Florida Division of Emergency Management data at this property’s coordinates. Zones change with map revisions — verify the parcel at msc.fema.gov and floridadisaster.org/knowyourzone before relying on this.

History