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Investment Highlights

  • 4-unit apartment within close proximity to Palatka Amtrak (2.8-miles away).
  • 2-story low-rise apartment with front and rear entrances.
  • Nearby amenities include Dunkin, AutoZone, and Raceway service station.

Executive Summary

Great location in East Palatka, just a hop, skip & jump from the intersection of State Rd 207 (leading to St. Augustine) and Highway 17 (leading to Palatka). In a high traffic area. Currently 4 rental units and owner lives in one of the units. Rental units are non-conforming, but zoned C-2 for sale of goods, if someone wanted to use as an antique shop, pet shop, bait & tackle shop, etc. Please verify with Putnam County Building and Zoning. Lot size is approximately 110 x 285.

Property Facts

Price $569,900
Price Per Unit $142,475
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.70 AC
Building Size 2,272 SF
No. Stories 2
Year Built 1930
Zoning C-2 - Commercial, General, Light

Amenities

Unit Amenities

  • Air Conditioning
  • Washer/Dryer
  • Hardwood Floors

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 - -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
39-10-27-0000-0250-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$135,550
  • Listing ID: 33828510

  • Date on Market: 11/11/2024

  • Last Updated:

  • Address: 211 S US Highway 17, East Palatka, FL 32131

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