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5350 FELKER DRIVE

House For Sale
$625,000

BTC: 7.64292265

ETH: 256.99013158

-$25K (2026/10/16)
61 days
Waterfront
2 bds
1 ba
1,160 sqft

Overview

Homes on Oakley Island rarely come to market, making this well-kept 2-bedroom, 1-bath stilt waterfront home a special opportunity to own a piece of this tucked-away riverfront community. Set directly on the Mud River, the home offers a peaceful connection to nature with water views, mature native palms, and the unmistakable feeling of being somewhere truly removed from the ordinary. The single owner home is comfortable and lovingly maintained, with beautiful wood floors and a layout ready to enjoy now. The screened back porch is the true heart of the home—a wonderful place to linger over coffee, unwind at the end of the day, or simply take in the ever-changing views of the river and surrounding natural landscape. Waterfront living continues outside, with a concrete seawall, private 16' x 5' dock, and the unique advantage of the river along the rear of the property and a canal bordering the side. Whether you're launching a kayak, fishing, watching wildlife, or simply enjoying the quiet rhythm of the water, the setting is what makes this property extraordinary. Oakley Island is governed by an HOA that does not allow short-term rentals, helping preserve the quiet, residential character of the community. Here, the appeal isn't about turning a property into an investment—it's about owning a home in a special place and enjoying the privacy, nature, and waterfront lifestyle that make Oakley Island so desirable. Call today to schedule a private showing!

Location

Details

Type:
Residential
Parking:
Driveway
Year Built:
1993
Lot:
0.23 Acres
Heating:
Central / Electric
Price/sqft:
$539
Cooling:
Central Air
HOA:
$250

Valuation

Our model vs. what's actually selling nearby.
Estimate
$269,900
$223K – $403K
Confidence Low
List vs. estimate
$355K above estimate
List $625,000 · +131.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$538
+180.9% vs. city median $191
Based on
17 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,012
2025
HOA
$250/yr
Private Road
View
Trees/Woods, Water
Waterfront
River Front
Garage
1 car garage
Furnished
Negotiable
Pets
Allowed
All facts and features
  • Flooring

    • Tile

    • Hardwood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Built-in Features

    • Ceiling Fan(s)

    • High Ceilings

    • Living Room/Dining Room Combo

    • Open Floorplan

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 1

  • Parking

    • Driveway

    Property

    • Levels: Two

    • Exterior Features: French Doors / Lighting

    Lot

    • Lot: 0.23 Acres

    Other Property Information

    • Parcel Number: R2922217280500000115

    • Zoning: PDP

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • HOA: $250

    • HOA Frequency: Annually

    • Annual tax amount: $1,012

  • Source details

    • MLS ID: W7888686

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Stilt/On Piling

    • Laundry Features: In Garage

    • Lot Features: Corner Lot / FloodZone / Landscaped / Level / Oversized Lot

    • Patio And Porch Features: Covered / Front Porch / Porch / Rear Porch / Screened

    • Window Features: Shutters

    • Direction Faces: South

    • Architectural Style: Coastal

    • Waterfront: Yes

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1160

    • Water Source: Public

    • Subdivision Name: OAKLEYS MUD RIVER SUB UNREC

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: FLORIDA CRACKER PROPERTIES