$235,000
148 LAKE MARGO Drive, Satsuma, FL 32189, Satsuma, FL 32189
Bayou Club
- Price
- $235,000
- Beds / Baths
- 3 / 2
- Living area
- 1,440 sqft
- Year built
- 2007
- Type
- Residential
- Lot
- 0.14 ac
- Garage
- 0
- HOA
- $75/mo
- CDD
- No
- Flood zone
- Unknown
- County
- Putnam
- Days on market
- 81
$163/sqft asking, vs a $158/sqft median across 106 closed sales in 32189 over the last 12 months — 4% above the area's closed prices. Condition and lot vary; that's what a showing is for.
Tucked away in the desirable St. Johns River Estates 18+ community, this well-maintained 3-bedroom, 2-bath home offers the perfect blend of comfort, convenience, and Florida lifestyle living. Featuring 1,440 square feet, a spacious open layout, split-bedroom floor plan, and a versatile bonus room that can easily serve as a home office, hobby space, or guest room. Enjoy peaceful pond views from the screened porch and the added peace of mind of a brand-new roof installed in 2026. Residents of St. Johns River Estates enjoy access to a community pool, clubhouse, marina, private boat ramp, and canal access to Murphy Creek and the beautiful St. Johns River. With a low HOA of just $75 per month and a location surrounded by some of the area's best boating, fishing, and outdoor recreation, this home is ready for its next chapter. Some photographs have been virtually staged. Furnishings and decor shown are for illustrative purposes only and are not included in the sale.
What to check on this one
- Verify flood zone designation and obtain elevation certificate for St. Johns River Estates area.
- Confirm new roof installation date (2026) and obtain warranty documentation from installer.
- Review HOA documents: covenants, 18+ age restriction enforcement, amenity access terms.
- Inspect screened porch condition and any waterfront/canal easement restrictions.
- Verify homeowner's insurance availability and quotes given riverfront/flood zone location.
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
Loan $188,000 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 IHEART REALTY INC. Data via realMLS (Northeast Florida MLS), updated Jun 29, 2026, 5:14 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.