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Pending

Pending·152 days on market

1387 Heath Road

Green Cove Springs, FL 32043

$2,750,000$327/sqftEst. $14,021/moMLS# 2131509

Beds

Baths

8,402

Sq Ft

2019

Built

Garage

Yes

Pool

About this home

Green Cove Springs

FAMILY COMPOUND/INVESTMENT OPPORTUNITY! $450,000 projected short-term rental income! This amazing home is set up to have a multi-family compound, small homestead/hobby farm, or a unique Airbnb. Two beautiful move-in ready homes, large barn/common room, infrastructure in place for multiple RVs/tiny homes, a spring fed swimming hole with beach, creek access, gardens and chicken coop, and much more! The main farmhouse is over 4500 sq feet of luxury with white oak flooring, top of the line chef's kitchen, stunning custom ceilings and built-ins throughout, including a gorgeous home library w/rolling ladder. 2nd home on the property is an adorable 2500+ cottage (3 br/2 ba) that has been fully renovated top to bottom. The barn is a fun and creative hang out space with projector and movie screen, perfect for events & enjoying time with friends and family. (Over 8400 sq ft of living space.) There are many more amenities that abound on this special property!! Special and unique property!

Cost to own

Mortgage calculator

Home Price

$2,750,000

Down Payment: 20%

$550,000

Interest Rate: 6.58%

Loan Term

Monthly Payment

$14,021

Principal & Interest: $14,021

Property taxes (est.): $4,214

Insurance (est.): $1,833

Estimated Total Monthly

$20,069

*30-year loan at 6.58% APR (avg 30-yr rate 2026-07-23, 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

True monthly cost

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

Principal & interest20% down · 6.58% · 30yr$14,021

Property taxesest. at asking price, Clay County$4,214

Estimated total, before insurance$18,236/mo

Seller’s 2025 tax billper the MLS — includes any CDD / assessments$15,491/yr · $1,291/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 (that applies to the reference bill above too).

Cost to own

Taxes & assessment

Last sold: $200,000 in March 2023(county public record, not MLS data)

Year	Market value	Taxable value	Change
2025	$1,231,450	$958,121	—
2024	$1,100,225	$1,100,225	—
2023	$1,032,784	$958,648	—
2022	$570,992	$520,992	—
2021	$402,101	$402,101	—
2020	$385,035	$385,035	—

2025 property taxes (current owner): $15,491/yr

Estimated taxes if purchased at asking price: ~$50,600/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 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: Shingle — year not disclosed (home built 2019)

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

Likely septic · Private well (public record)

County records indicate an onsite septic system — budget a septic inspection before closing (typically $300–$500) and expect pump-outs every 3–5 years.

Source: Florida DOH Water Management Inventory (public record).

Solar potential: ~1,294 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

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

Price & status history

Jul 16, 2026Pending$2,750,000
Feb 23, 2026Listed$2,750,000

History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.

Features

Price$2,750,000

Price / Sq Ft$327

Bedrooms7

Bathrooms7.00

Full Baths6

Half Baths2

Square Footage8,402

Total Structure Area10,686 sq ft

Acres11.62 acres

Year Built2019

TypeResidential

Sub-TypeSingle Family Residence

StyleTraditional

Property ConditionUpdated/Remodeled

StatusPending

# of Garages3

# of Carport Spaces1

Has PoolYes

Pool FeaturesIn Ground, Salt Water, Screen Enclosure

Is WaterfrontYes

Direction FacesNorth

School Information

ElementaryPaterson

MiddleGreen Cove Springs

HighClay

Community Information

Address1387 Heath Road, Green Cove Springs, FL 32043

Area161-Green Cove Springs

SubdivisionGreen Cove

CityGreen Cove Springs

CountyClay

StateFL

Zip Code32043

Lot Size506,167.2 sq ft

Parcel Number39052601510400102

ZoningResidential

Amenities

UtilitiesCable Connected, Electricity Connected, Water Connected, Propane

Water SourcePrivate, Well

ParkingAdditional Parking, Attached, Carport, Garage Door Opener, RV Access/Parking, Other

ViewTrees/Woods

Waterfront TypeCreek

Interior

Interior FeaturesBreakfast Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Smart Thermostat, Split Bedrooms, Walk-In Closet(s)

AppliancesDishwasher, Disposal, Double Oven, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Freezer, Gas Cooktop, Ice Maker, Refrigerator, Tankless Water Heater, Water Softener Owned

HeatingCentral, Electric

CoolingCentral Air, Electric, Separate Meters

FlooringCarpet, Laminate, Tile, Wood

FireplaceYes

# of Fireplaces2

Fireplace FeaturesGas, Wood Burning

# of Stories2

LevelsTwo

LaundryElectric Dryer Hookup, In Unit, Lower Level, Washer Hookup

Spa FeaturesIn Ground, Heated, Private