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Pending

Pending·110 days on market

138 Edgewater Road

Satsuma, FL 32189

$189,900$152/sqftEst. $976/moMLS# 2135010

Beds

Baths

1,248

Sq Ft

1989

Built

—

Garage

Pool

About this home

Satsuma

An absolute steal for under 190k. You won't find a nicer canal home for the money. Priced way below comparable homes for quick sale. Property is being sold as-is. Charming 3-bed, 2-bath canal-front home on a prime corner lot a stones throw from Dunns Creek! Recently updated with a new metal roof, soft-close wood cabinets, tile master shower, new flooring, and paint throughout. Enjoy TWO spacious living rooms, a dining area, and a climate-controlled Florida room. Features include a wood-burning fireplace, enclosed carport, large front porch, lanai, and two storage sheds. Perfect for fishing lovers with fish-cleaning stations and an electric covered boat lift. Approx. 290' of canal frontage on two sides! roads freshly paved. Home is on a well and public sewer

Cost to own

Mortgage calculator

Home Price

$189,900

Down Payment: 20%

$37,980

Interest Rate: 6.66%

Loan Term

Monthly Payment

$976

Principal & Interest: $976

Insurance (est.): $127

Estimated Total Monthly

$1,103

*30-year loan at 6.66% APR (avg 30-yr rate 2026-08-27, 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.

Cost to own

True monthly cost

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

Principal & interest20% down · 6.66% · 30yr$976

Estimated total, before insurance$976/mo

Seller’s 2025 tax billper the MLS — includes any CDD / assessments$3,200/yr · $267/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

2025 property taxes (current owner): $3,200/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.

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 — year not disclosed (home built 1989)

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

Solar potential: ~1,683 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.