736 S Highway 17
San Mateo, FL 32187
San Mateo-Palatka Growth Corridor (736 & 738) · Land For Sale · 1.54 AC

Strategically positioned along Highway 17, the area’s primary commercial artery, in the fast-growing San Mateo–Palatka corridor. Surrounded by national retailers like Dollar General, gas stations, and service-based businesses, the site offers unmatched potential for commercial redevelopment in a high-demand and under-served market. Putnam County is experiencing a surge in economic momentum, recently ranking #1 in Florida for per-capita job growth in 2024, a clear signal of regional resurgence and long-term viability. Major investments such as CertainTeed’s $235 million expansion in nearby Palatka, creating over 100 new jobs, reinforce the area’s business-friendly climate. The county also features Florida Opportunity Zones, development incentives, and a streamlined permitting environment—making this property even more attractive to developers, investors, and owner-users. Currently improved for flea market use, the cleared 1.54-acre parcel presents a blank canvas with wide development flexibility. C-2 zoning permits a broad range of commercial uses by right, including quick-service restaurants, sit-down dining, retail strip centers, professional and medical offices, automotive services, and hospitality such as hotels or motels. Mixed-use and multi-tenant centers are also allowed, making this a versatile opportunity for redevelopment without the need for rezoning. The surrounding area has seen a steady rise in residential development, with new subdivisions and infill housing expanding along the corridor. Putnam County’s housing market shows clear momentum, with a 15% year-over-year increase in home sales, reflecting strong buyer demand and continued population growth. As rooftops increase, so does demand for dining, services, healthcare, and neighborhood retail, creating a built-in customer base for future commercial tenants. With limited inventory and minimal nearby competition, this site is ideally positioned to meet that demand and become a commercial anchor for the area. Further supporting year-round foot traffic, the region hosts major annual events such as the Florida Azalea Festival and the Palatka Blue Crab Festival, which collectively attract over 220,000 visitors annually. These festivals bring high visibility and consistent exposure to nearby retail and service businesses. This is one of the most accessible and commercially ready parcels in the San Mateo–Palatka corridor, positioned to capture both immediate demand and long-term growth. This offering includes both 736 & 738 S Highway 17, totaling approximately 1.54 acres of contiguous, C-2 zoned commercial land.