201 OAK Street, Welaka, FL 32189 (MLS# 2123353)

201 OAK Street, Welaka, FL 32189

$950,000

114-114-all_floors_765_3rd_avenue_welaka

Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 500 Lot Size (sq. ft.): 20,038 Status: Active

Current Price: $950,000 List Date: 1/03/2026 Last Modified: 6/17/2026

Overview

Description

Price Drop~Total price: $3,400,000 for both parcels. Rare bundled opportunity featuring two parcels sold together: the residential cottage and the restaurant/commercial property (Parcel 41-12-26-9200-0140-0010). See MLS #2122960 for full details and specifications. Included is a fully remodeled, income-producing 2-bedroom, 1-bath cottage situated on its own parcel, offered in conjunction with the established Shrimps R Us & More Restaurant and Tiki Bar. This well-known local destination offers immediate income potential with existing operations in place. Ideal for investors seeking diversified revenue streams with both residential and commercial components. Positioned to benefit from the upcoming resort development and anticipated area growth, this is a strategic acquisition with strong upside potential.

Listing Details MLS# 2123353

General Property Information

Bedrooms Total: 2
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 500
Living Area Source: Assessor
Year Built: 1920
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.46
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Negotiable
Stories: Yes
Entry Level: Yes
Senior Community YN: No
Directions: US-17 onto county rd 309 5.6 miles to Shrimps R Us & More. The Home is a seperate Parcel included with the sale of The Restaurant & Tiki Bar Parcel 41-12-26-9200-0140-0010 MLS#2122960
Public Remarks: Price Drop~Total price: $3,400,000 for both parcels. Rare bundled opportunity featuring two parcels sold together: the residential cottage and the restaurant/commercial property (Parcel 41-12-26-9200-0140-0010). See MLS #2122960 for full details and specifications. Included is a fully remodeled, income-producing 2-bedroom, 1-bath cottage situated on its own parcel, offered in conjunction with the established Shrimps R Us & More Restaurant and Tiki Bar. This well-known local destination offers immediate income potential with existing operations in place. Ideal for investors seeking diversified revenue streams with both residential and commercial components. Positioned to benefit from the upcoming resort development and anticipated area growth, this is a strategic acquisition with strong upside potential.
List Price/SqFt: 1900
Bathrooms Half: 0

Property Features

Architectural Style: Cottage Levels: One Property Condition: Updated/Remodeled Appliances: Electric Range; Refrigerator Interior Features: Breakfast Bar; Open Floorplan Flooring: Wood Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Split System Heating: Other Water Source: Other Sewer: Unknown Patio And Porch Features: Covered; Front Porch; Porch; Screened Roof: Metal Parking Features: Additional Parking; Off Street Lot Features: Few Trees Current Use: Mixed Use Community Features: Restaurant Possession: Close Of Escrow Listing Terms: Cash; Conventional; Other

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-01-03

Location Tax and Legal

Street Number: 201
Street Name: OAK
Street Suffix: Street
County: Putnam
State: FL
Postal Code: 32189
MLS Area Major: 582-Pomona Pk/Welaka/Lake Como/Crescent Lake Est
Subdivision Name: Welaka

Status Change Information

Major Change Timestamp: 2026-06-17T16:52:26Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-06-17T16:52:26Z

DPR Eligible

DPR Eligible: No

More Information

Location, Tax, and Legal

Country: US
Parcel Number: 411226920001400040
Tax Annual Amount: 1455.36
Tax Year: 2025
Tax Legal Description: WELAKA MB1 P51 BLK 14 LOTS 4 5 (MAP SHEET 41/4)
Zoning Description: Single Family

Appliances

Electric Range: Yes
Refrigerator: Yes

Cooling

Split System: Yes

Current Use

Mixed Use: Yes

Flooring

Wood: Yes

Heating

Other: Yes

Levels

One: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Other: Yes

Lot Features

Few Trees: Yes

Parking Features

Additional Parking: Yes
Off Street: Yes

Possession

Close Of Escrow: Yes

Roof

Metal: Yes

Sewer

Unknown: Yes

Utilities

Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Water Source

Other: Yes

Architectural Style

Cottage: Yes

Community Features

Restaurant: Yes

Patio And Porch Features

Covered: Yes
Front Porch: Yes
Porch: Yes
Screened: Yes

Interior Features

Breakfast Bar: Yes
Open Floorplan: Yes

Property Condition

Updated/Remodeled: Yes

Listing Office: WATSON REALTY CORP

Last Updated: June - 17 - 2026

Information deemed reliable but not guaranteed.

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