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Active

Active·128 days on market

1472 Marsh Rabbit Way

Fleming Island, FL 32003

$325,000$183/sqftEst. $1,721/moMLS# 2145785
$35,000 below original list
3
Beds
2
Baths
1,777
Sq Ft
1990
Built
2
Garage
No
Pool
FEMA Zone XHOA $200/mo12,197 sqft lotWaterfrontSingle Family Residence1 story

About this home

Fleming Island

Nestled on a quiet cul-de-sac in gated Pace Island, this contemporary home offers peaceful water & wooded views along with an exceptional lifestyle. Residents enjoy: 2 pools, tennis courts, basketball courts, playgrounds, miles of scenic nature trails & a community dock on Doctors Lake. Conveniently located near the Black Creek trail, this home combines natural beauty with carefree modern living. Inside, the open-concept floor plan is filled with natural light & features soaring ceilings & spacious living areas designed for comfortable living and entertaining. The kitchen offers a breakfast bar & flows seamlessly into the family room, dining room, and sunroom overlooking the serene backyard setting. The private primary suite features an updated bath with an oversized walk-in shower & soaking tub. A split bedroom floor plan provides privacy & flexibility for family or guests. This is a rare opportunity to enjoy carefree living in one of Fleming Island's most desirable communities.

Cost to own

True monthly cost

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

Principal & interest20% down · 6.95% · 30yr$1,721
Property taxesest. at asking price, Clay County$498
HOAbilled monthly$200
Estimated total, before insurance$2,419/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.
Mortgage calculator — adjust rate & down payment

Cost to own

Mortgage calculator

$325,000
$65,000
Loan Term
Monthly Payment
$1,721
Principal & Interest: $1,721
Property taxes (est.): $498
Insurance (est.): $217
Estimated Total Monthly
$2,436
*30-year loan at 6.95% APR (avg 30-yr rate 2026-09-17, 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.

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.

Hurricane evacuation zone D

Zone D evacuates after zones A, B, C in an approaching storm.

Roof: Shingle — year not disclosed (home built 1990)

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

Sewer (public record) · Public water · Clay County Utilities

County records show this parcel on central sewer — no septic system to inspect or maintain.

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

Solar potential: ~1,667 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

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.

Cost to own

Taxes & assessment

YearMarket valueTaxable valueChange
2025$304,218$0
2024$300,867$0
2023$300,394$0
2022$254,126$0
2021$211,903$211,903
2020$206,184$206,184

2025 property taxes (current owner): $358/yr

Estimated taxes if purchased at asking price: ~$6,000/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.

History

Price & status history

  • Sep 1, 2026Price change$325,000$24,500
  • Aug 14, 2026Price change$349,500$10,500
  • May 18, 2026Listed$360,000

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

Features

Price$325,000
Price / Sq Ft$183
Bedrooms3
Bathrooms2.00
Full Baths2
Square Footage1,777
Acres0.28 acres
Year Built1990
TypeResidential
Sub-TypeSingle Family Residence
StyleContemporary
Property ConditionUpdated/Remodeled
StatusActive
# of Garages2
Has PoolNo
Is WaterfrontYes
Direction FacesEast

School Information

ElementaryPaterson
MiddleLakeside
HighFleming Island

Community Information

Address1472 Marsh Rabbit Way, Fleming Island, FL 32003
Area122-Fleming Island-NW
SubdivisionPace Island
CityFleming Island
CountyClay
StateFL
Zip Code32003
Lot Size12,196.8 sq ft
Lot Dimensions55 x 120
Parcel Number28042601315300323
ZoningPUD

Amenities

AmenitiesPool, Basketball Court, Boat Dock, Clubhouse, Gated, Jogging Path, Maintenance Grounds, Management - Full Time, Management - Off Site, Park, Pickleball, Playground, Security, Tennis Court(s)
Community FeaturesSidewalks
UtilitiesCable Available, Electricity Connected, Sewer Connected, Water Connected
SewerPublic Sewer
Water SourcePublic
ParkingAttached, Garage
ViewPond, Trees/Woods
Waterfront TypePond

Interior

Interior FeaturesBreakfast Bar, Breakfast Nook, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Open Floorplan, Primary Bathroom - Tub with Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
AppliancesDishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
HeatingCentral, Electric
CoolingCentral Air, Electric
FlooringLaminate, Tile
# of Stories1
LevelsOne
LaundryIn Unit
SecurityGated with Guard, Smoke Detector(s)

Exterior

Lot DescriptionCul-De-Sac, Dead End Street
Patio / PorchPatio
RoofShingle
ConstructionComposition Siding, Frame
Road SurfaceAsphalt
Road FrontageCity Street

Additional Information

Date ListedMay 18, 2026
Days on Market126
HOA Fees$200 / Monthly
HOA FrequencyMonthly
HOA NamePace Island HOA
HOA Fee IncludesMaintenance Grounds, Security
Tax Amount$358
Tax Year2025
Listing TermsCash, Conventional, FHA, VA Loan
55+ CommunityNo
New ConstructionNo

Listing Courtesy of: THE LEGENDS OF REAL ESTATE · Regina.sooey@gmail.com

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.

Your Local Realtor

Krista Fracke - Broker Associate

Krista Fracke

Broker Associate

Interested in this home? I know this area inside and out — let's talk about whether it's the right fit for you.

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20+ years · 500+ closings · NE Florida

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