603 Front StWelaka, FL 32193

This exceptional mixed-use property in Welaka, Florida, presents a unique investment opportunity. Situated on a .65-acre lot with 148 feet of waterfront and mature oak trees, this property boasts a charming 1,000 sq ft craftsman cottage remodeled in 2017, featuring modern amenities and historic charm, including African Wenge & Walnut flooring, a pecky Cypress vanity, stained glass, and panoramic windows. The cottage includes a private downstairs bedroom and bath with a separate entrance, ideal for rental income. Additionally, there are two 800 sq ft studios/offices, providing further revenue potential. Six boat slips offer additional income streams. A concrete pad is ready for expansion, such as a barn or A-frame structure, perfect for wedding venues or additional lodging. The property includes a 22 KW propane generator for backup power. The current zoning allows for creative uses including a boutique hotel, brewery, wedding venue, marina, or restaurant. Located across from the Ocala National Forest, this property offers stunning sunset views over the St. Johns River, a wildlife sanctuary, and convenient access to St. Augustine, Jacksonville, and Daytona. The property was built in 1930 and is a two-story building. The asking price is $1,500,000. Seller is open to all reasonable offers.