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

Benjamin Subercaseaux, Sales Associate · Florida Homes Realty & Mortgage

$1,429,000

20924 NE 132ND AVE Avenue, Waldo, FL 32694, Waldo, FL 32694

Santa Fe

Price
$1,429,000
Beds / Baths
5 / 4
Living area
3,502 sqft
Year built
2000
Type
Residential
Lot
2.25 ac
Garage
1
HOA
None
CDD
No
Flood zone
Unknown
County
Alachua
Days on market
39

$408/sqft asking, vs a $150/sqft median across 8 closed sales in 32694 over the last 12 months — 172% above the area's closed prices. Condition and lot vary; that's what a showing is for.

LAKEFRONT LUXURY! Magnificent Little Lake Santa Fe estate on 2.25 acres with 450 feet of waterfront on one of Florida's most exquisite spring fed lakes. Your chance to own one of the most desirable Santa Fe properties on Martin's Island with immediate ROI potential. The pictures tell the story. Incredible 5 bedroom, 4 bathroom, 4550 square foot home located on a private gated property. Beautifully crafted French doors invite the stunning panoramic waterfront views from this home into all living areas. The custom kitchen features premium cabinets, large island, tile countertops and stainless-steel appliances including a gas range with hood and separate oven. Skylights illuminate throughout. Entertain or relax by the gas fireplace in the huge living room with built in shelving, vaulted ceilings, recessed lighting, wet bar and tile floors. The master suite boasts large walk-in closets and waterfront views. Outdoor entertaining is luxurious with a 660 sq. ft. Spanish tiled screened porch spanning the length of house. Immediate ROI rental potential as Lake Santa Fe is a vacationers paradise. This property offers an attached apartment /in -law suite with 2 bedrooms or 1 bedroom/ 1 living room and bath in addition to a separate 540 sq. ft. 1- bedroom cottage with bath and kitchenette. Majestic oaks, citrus,palm and fig trees grace the landscape.Enjoy fishing,boating, and watersports on 5800 acre Lake Santa Fe. Survey available. New roof installed in 2020 and HVAC in 2017. Your paradise is waiting.

What to check on this one

  • Verify new roof installation date, materials, and builder warranty documentation
  • Confirm flood zone designation and obtain elevation certificate for Lake Santa Fe waterfront
  • Pull title report for waterfront easements, riparian rights, and any lake-use restrictions
  • Request septic system inspection, maintenance records, and tank capacity verification
  • Verify short-term rental eligibility and any Alachua County deed restrictions on rental use
  • Obtain survey showing property lines, waterfront boundary, and 660 sq ft screened porch footprint

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$7,415/mo
Property tax (1.1% eff., Alachua Co.)$1,310/mo
Homeowners insurance (est.)$834/mo
All-in monthly (est.)$9,559/mo

Loan $1,143,200 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 FLORIDA HOMES REALTY & MTG LLC. Data via realMLS (Northeast Florida MLS), updated Jul 24, 2026, 12:47 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.