Sold·Closed Jul 31, 2026·111 days on market
149 Lake Margo Drive
Satsuma, FL 32189
About this home
Satsuma
Brand New Construction in St. Johns River Estates--completed and move-in ready! Located moments from the St. Johns River, this home offers a lifestyle where the water becomes an extension of your backyard. Enjoy private community boat-ramp access and optional boat slips available for only $25 per month--an incredible opportunity for river lovers. Inside, the open-concept floor plan creates an inviting space for everyday living and entertaining, highlighted by vaulted ceilings that make the main living area feel bright, spacious, and open. Features include LVP flooring, tile showers, soft-close cabinetry, granite countertops, and a clean, modern finish throughout. Built for durability and efficiency with 2x6 exterior framing, R-19 insulation, and spray foam at the roofline. Exterior features include LP SmartSide siding, a metal roof, Low-E windows, fiberglass doors, and a full gutter system. New construction this close to the river is limited. Builder also has additional home-and-lot
Cost to own
True monthly cost
What this home actually costs per month at the asking price — not just the mortgage.
- • 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
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: Metal — year not disclosed (home built 2026)
Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.
Sewer · FLA011717 - Bayou Club WWTF · Public water (record)
County records show this parcel on central sewer served by FLA011717 - Bayou Club WWTF — no septic system to inspect or maintain.
Source: Florida DOH Water Management Inventory (public record).
Solar potential: ~1,729 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 homeAs 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.
Cost to own
Taxes & assessment
2025 property taxes (current owner): $422/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.
History
Price & status history
- Aug 4, 2026Closed$260,000
- Jul 22, 2026Active Under Contract$260,000
- Mar 31, 2026Listed$260,000
History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.
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 $122/sq ft; this home is listed at $187/sq ft.
| Address | Closed | Price | $/sq ft | Bd/Ba | Sq ft | DOM | Miles |
|---|---|---|---|---|---|---|---|
| 118 Hermits Drive, Satsuma, FL 32189Listed by COLDWELL BANKER BEN BATES INC | Jun 2026 | $107,000 | $70 | 3/2 | 1,528 | 0 | 0.2 |
| 174 Buchanan Circle, Satsuma, FL 32189Listed by COLDWELL BANKER BEN BATES INC | Jul 2026 | $91,000 | $84 | 3/2 | 1,088 | 136 | 0.5 |
| 713 Hickory Nut Trail, Satsuma, FL 32189Listed by IHEART REALTY INC | Sep 2025 | $200,000 | $174 | 3/2 | 1,152 | 8 | 1.9 |
| 107 Krantz Road, Palatka, FL 32177Listed by IHEART REALTY INC | May 2025 | $60,000 | $34 | 3/2 | 1,755 | 4 | 1.9 |
| 520 Hickory Nut Trail, Satsuma, FL 32189Listed by LANTERN REALTY, LLC. | Sep 2026 | $185,000 | $173 | 3/2 | 1,067 | 313 | 2.1 |
| 155 Rabbit Track Road, Satsuma, FL 32189Listed by MAXREV, LLC | Sep 2026 | $122,000 | $122 | 3/2 | 1,000 | 134 | 2.1 |
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
Community Information
Amenities
Interior
Exterior
Additional Information
Listing Courtesy of: REAL BROKER LLC
Sold by: MOMENTUM 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.
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Your Local Realtor
Krista Fracke
Broker Associate
This home sold on Jul 31, 2026. 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
Curious what nearby homes sold for?
MLS rules keep sold prices off public sites — ask Krista and she'll email you recent sales for this area.
Northeast Florida living
Ponte Vedra Beach · St. Johns County · Nocatee · eTown & Seven Pines