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Active

Active·93 days on market

5781 S Crater Lake Circle

Keystone Heights, FL 32656

$279,000$186/sqftEst. $1,485/moMLS# 2139747

Beds

Baths

1,499

Sq Ft

1985

Built

Garage

Pool

About this home

Keystone Heights

A wonderful opportunity to own a home in one of North Florida's most peaceful and scenic communities. Located in the heart of Keystone Heights real estate, this property offers the charm of small-town Florida living with the space, privacy, and lifestyle so many buyers are searching for. Enjoy your morning coffee while watching the sunrise on the large screened porch overlooking beautiful Lake Margie. Roof 2025, HVAC system installed in 2023, New high-end dishwasher installed in 2025, Drain field replaced in 2020, new water heater 2025 and electric breaker box in 2017. Whether you are looking for a primary residence, second home, investment property, or a place to enjoy a more relaxed pace, this home delivers the appeal of Keystone Heights, Florida living. Surrounded by the natural beauty, lake, and outdoor recreation the area is known for. 15x26ft structure DOES NOT CONVEY Dog Kennel DOES NOT CONVEY All property information is deemed reliable but buyer must Verify.

Cost to own

Mortgage calculator

Home Price

$279,000

Down Payment: 20%

$55,800

Interest Rate: 6.49%

Loan Term

Monthly Payment

$1,409

Principal & Interest: $1,409

Est. Taxes & Insurance: $352

Estimated Total Monthly

$1,762

*Estimates based on 30-year loan at 6.49% APR (avg 30-yr rate 2026-07-09, Freddie Mac PMMS via FRED). 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$1,485

Property taxesest. at asking price, Clay County$428

Estimated total, before insurance$1,913/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

Year	Market value	Taxable value	Change
2025	$236,824	$96,544	—
2024	$234,126	$93,116	—
2023	$210,835	$88,948	—
2022	$168,786	$84,901	—
2021	$132,908	$80,972	—
2020	$129,164	$79,164	—

2025 property taxes (current owner): $1,992/yr

Estimated taxes if purchased at asking price: ~$5,100/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 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: material not specified — 2025 per the listing

A recent roof is the single biggest lever on Florida homeowners-insurance pricing.

Septic system (public record) · 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: ~1,655 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

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