You dont need 10 acres to build equity. You need the right quarter-acre.
This 0.25-acre wooded lot on Lucas St in Satsuma, FL isnt flashy. It isnt hyped. It isnt priced like its already discovered.
And thats precisely the opportunity.
Tucked inside St. Johns Riverside Estates Hoot Owl Ridge (4th Addition), this parcel sits just minutes from the St. Johns River corridorone of North Floridas most quietly consistent lifestyle magnets. Fishing. Boating. Wildlife preserves. Open sky. And steady residential demand from retirees, builders, and long-term Florida planners.
For the patient investor, this is what we call a low-carry, high-option hold.
Why This Works for a Speculator
Lets strip emotion out for a moment and talk fundamentals:
0.25 acres (full quarter-acre footprint)
Zoned R-2 (Residential, Two-Family) increased flexibility
Flat, wooded terrain
Legal & physical access via ...
Legal & physical access via Lucas St (county-maintained dirt road)
Power nearby
No HOA found
Annual taxes: just $81.91
Yes, you read that correctly.
At roughly $82 per year, this lot costs less to hold than many streaming subscriptions.
Low carrying cost = time on your side.
The Exit Strategy Matrix
Smart land investors dont buy dirt.
They buy optionality.
This parcel offers multiple viable plays:
1. Long-Term Appreciation Hold
Putnam County continues to attract buyers priced out of larger coastal metros. As Palm Coast (47 minutes away) and surrounding areas expand, affordable quarter-acre lots become more attractive.
2. Future Builder Flip
R-2 zoning opens potential for single-family or two-family residential development (buyer to verify). More flexibility means a broader resale pool.
3. Lifestyle Retail Resale
Minutes from:
Murphy Creek Conservation Area (6 min)
Dunns Creek Wildlife Management Area (9 min)
Morgan Park (10 min)
St. Johns River access nearby (7 mins)
Water + woods + low density = long-term buyer appeal.
Addressing the Real Investor Questions
Is there access?
Yes. Legal and physical access via Lucas St.
Is the road maintained?
County-maintained dirt road.
Utilities?
Power is nearby at developed properties.
HOA?
County shows no HOA and none was found online.
What about restrictions?
Zoned R-2 (Residential Two-Family).
Important: Camping or RV use is not permitted except during active construction with a valid building permit.
This protects long-term residential integrity which protects value.
The Lifestyle That Drives Demand
Investors sometimes forget this: appreciation follows desirability.
Satsuma is quiet. Wooded. River-connected. Authentic Old Florida.
Picture a future buyer:
They launch their boat at sunrise.
They grill under tall pines in the evening.
They enjoy lower density living while still being minutes from gas, groceries, and Hwy 17 access.
Thats who eventually buys land like this.
Youre simply arriving before they do.
The Risk Profile
Every investment carries risk. Heres why this one is controlled:
Extremely low annual taxes
Clean residential zoning
No HOA entanglements found
Physical access confirmed
Power nearby
Established subdivision with recorded plat
This isnt speculative desert acreage with no road.
This is structured, platted Florida land with defined use.
The Long Game
Will this triple overnight? Probably not.
Could this become increasingly attractive as affordable Florida land tightens over the next decade?
History suggests yes.
And at $81.91 per year to hold patience is affordable.
If youd like to review plat details, zoning specifics, or discuss strategy, reach out anytime.
Call or Text: 440-557-2910
No pressure. Just information.
Required Notice:
Camping or RV use is not permitted except during active construction with a valid building permit. Information provided was obtained from public sources and is believed to be accurate but is not guaranteed. Buyers are encouraged to verify all property information independently.
Property Details
Parcel Number: 11-11-26-8244-0600-0070
Address: 112 Lucas St, Satsuma, FL 32189
Subdivision: ST JOHNS RIVERSIDE EST. HOOT OWL RIDGE 4TH
Lot Number: 7
Parcel Size: 0.25 Acres
Terrain: Flat, Treed
County: Putnam
GPS Coordinates Center:
29.555444, -81.639861
GPS Coordinates (4 corners):
29.555611, -81.640016 NW
29.555612, -81.639762 NE
29.555254, -81.639750 SE
29.555252, -81.640002 SW
Zoning / Property use code: R-2 RESIDENTIAL, TWO-FAMILY
What can be built? House, Mobile Home
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel InformationBUYERS YOU ARE FREE TO VISIT THE PROPERTY FOR YOURSELF AT ANYTIME
Satsuma
Florida 32189, USA
Head toward US-17 S
82 ft
Turn right onto US-17 N
2.1 mi
Turn right onto Hoot Owl Rd
0.9 mi
Turn right onto Hickory Nut Trail
0.3 mi
Turn left onto Ridge Rd
0.3 mi
Turn right onto Lucas St
Destination will be on the right
322 ft
112 Lucas St
Satsuma, FL 32189, USA
AOK Land is owned and operated by Jeff Dettmer, a husband, father of two boys, entrepreneur, woodworker, and dedicated community volunteer. Jeff is guided by a strong belief in doing the right thing, giving back, and always striving to improve.With a degree in Business & Economics and the problem-solving mindset of an engineer, Jeff brings both strategy and efficiency to everything he does. His real estate journey began with the renovation of a 150-year-old four-family home in need of major repair. Since then, he has helped hundreds of people secure the land they need, whether for building a family home, starting a business, or investing for the future.At AOK Land, Jeff and his team take the time to truly listen and guide you through every step of the land ownership process. With their support, you can feel confident that youre in good hands.Learn more about Jeff here: https://www.jeffdettmer.com/