Ask Ben.
Ask Ben.
(904) 595-8967

Benjamin Subercaseaux, Sales Associate · Florida Homes Realty & Mortgage

$60,000

116 MAGNOLIA Drive, Satsuma, FL 32189, Satsuma, FL 32189

Magnolia Bluff Estat

Price
$60,000
Beds / Baths
0 / 0
Living area
0 sqft
Year built
0
Type
Land
Lot
0.4 ac
Garage
0
HOA
None
CDD
No
Flood zone
Unknown
County
Putnam
Days on market
102

IMPROVED land, two lots total .40 acres, upgrades to include millings and dirt pad, lots have well, septic and power pole in place and ready to build. Listing is for 116 and 118 Magnolia which total .40 acres. Drive by and have a look today!!

What to check on this one

  • Verify well and septic system permits and inspection records with Putnam County.
  • Confirm power pole ownership, easement rights, and utility service activation status.
  • Obtain flood zone designation and elevation certificate for both parcels.
  • Review combined lot survey and confirm buildable square footage after setbacks.
  • Verify property legal description and ensure both parcels (116 & 118) title transfer together.

Flagged from the listing itself — not an inspection, and no substitute for one. Bring these to the showing.

What this home really costs per month

Principal & interest$311/mo
Property tax (1.1% eff., Putnam Co.)$55/mo
Homeowners insurance (est.)$292/mo
All-in monthly (est.)$658/mo

Loan $48,000 at 6.75% · 30 yr

Not a loan quote. Rate, insurance, and tax are stated assumptions — a lender and an insurance agent give real numbers. Homestead exemption lowers taxes after you file.

Listing courtesy of ST JOHNS REALTY AND MANAGEMENT LLC. Data via realMLS (Northeast Florida MLS), updated Aug 25, 2026, 6:27 PM.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.