Active·9 days on market
703 Front Street
Welaka, FL 32189
Welaka
About this home
Experience an Extraordinarily Unique Riverfront Estate designed for luxurious living, entertaining and multi-generational living. This expansive 1 acre plus remarkable property features two homes connected by a covered breezeway, offering over 8,000 combined sq. ft., 8 bedrooms, and 7.5 baths--ideal for extended families, corporate retreat or a Premier Vacation Rental opportunity. The custom main residence showcases Granite countertops, Beautiful Elevator, custom doors and windows, Central Vacuum, and breathtaking River Views from nearly every room, multiple fire places, 3 Car garage. Outdoor amenities rival a private resort with a Sparkling Pool, Outdoor Dining, expansive waterfront sun deck, deep-water dock, two covered boat slips, two boat lifts, and jet ski lifts. Zoned GC (General Commercial), offering additional flexibility and potential uses subject to Town of Welaka regulations. A truly rare St. Johns River retreat!
Cost to own
Mortgage calculator
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, 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
2025 property taxes (current owner): $26,006/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.
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 A
Zone A evacuates first in a storm — typically coastal and surge-prone areas.
Roof: Metal — year not disclosed (home built 2009)
Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.
Solar potential: ~1,306 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 homeInformational 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
Price & status history
- Jun 29, 2026Listed$1,700,000
History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.
Features
Community Information
Amenities
Interior
Exterior
Additional Information
Listing Courtesy of: MAXREV, LLC
Information deemed reliable but not guaranteed. Data provided by realMLS (Northeast Florida MLS).
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Your Local Expert

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.
Contact KristaText Krista about this home20+ 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







