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Active

Active·1 day on market

3860 Magnolia Street

Middleburg, FL 32068

$599,000$239/sqftEst. $3,054/moMLS# 2156622

Beds

Baths

2,510

Sq Ft

1960

Built

Garage

Pool

About this home

Middleburg

SELLER IS OFFERING $15,000 TOWARDS A DOCK. DEEP WATER. 235 FEET OF WATERFRONT FOOTAGE! 1.933 ACRES ON BLACK CREEK! HOUSE IS HIGH & DRY WITH HOUSE PAD IN X FLOOD ZONE, NEW METAL ROOF & FASTENER SYSTEM 2022 Welcome to this stunning 4-bedroom, 3-bathroom home situated on a tranquil Black Creek. This property offers a sense of privacy and serenity while still being conveniently located. Step inside to discover a beautifully updated kitchen featuring new countertops and modern appliances that perfectly complement the home's inviting atmosphere. The property also includes a versatile detached garage, currently set up as a game room, which is both heated and cooled for year-round comfort. This added space is perfect for entertaining or pursuing your favorite hobbies.

Cost to own

Mortgage calculator

Home Price

$599,000

Down Payment: 20%

$119,800

Interest Rate: 6.58%

Loan Term

Monthly Payment

$3,054

Principal & Interest: $3,054

Property taxes (est.): $918

Insurance (est.): $399

Estimated Total Monthly

$4,371

*30-year loan at 6.58% APR (avg 30-yr rate 2026-07-23, 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.

Cost to own

True monthly cost

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

Principal & interest20% down · 6.58% · 30yr$3,054

Property taxesest. at asking price, Clay County$918

Estimated total, before insurance$3,972/mo

Seller’s 2025 tax billper the MLS — includes any CDD / assessments$2,663/yr · $222/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

Year	Market value	Taxable value	Change
2025	$352,058	$140,532	—
2024	$313,941	$135,864	—
2023	$263,149	$130,451	—
2022	$236,074	$125,196	—
2021	$176,323	$120,094	—
2020	$167,746	$117,746	—

2025 property taxes (current owner): $2,663/yr

Estimated taxes if purchased at asking price: ~$11,000/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.

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 NPBC

Check floridadisaster.org/knowyourzone for what this designation means locally.

Roof: Metal — year not disclosed (home built 1960)

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

Likely septic · 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: ~1,409 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 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.

History