East Palatka FL Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 2
- Lot size:
- 38.81 Acres
- Year built:
- 2005
- Baths:
- 2.00
- MLS#:
- 2058199
- Subdivision:
- Metes & Bounds
ADDITIONAL INFORMATION
Versatile 40-Acre Property with Income Potential This unique 40-acre property in an agricultural-zoned community offers tranquility and ample opportunities for income generation. Whether you're looking for a sustainable lifestyle, event venue, or rental property, this location has it all. The property features a picturesque setting with a pond, majestic oak trees, and a park-like ambiance, perfect for hosting weddings or special events. The main building, spanning 1,898 sqft, includes a kitchen, men's and women's bathrooms, washer and dryer hookups, and a 2,228 sqft screened-in pavilion. Additional structures include a 7,200 sqft steel-frame multipurpose barn and a wood-frame storage building. Two fully renovated upstairs rental units, each with one bedroom, one bathroom, and a kitchen, are available for monthly rental or as daily/weekly Airbnb accommodations. The property also generates income as a popular wedding venue, taking full advantage of its scenic charm and event-ready amenities. Recent updates include a complete renovation of the party hall with new lighting, including chandeliers, as well as the addition of new furniture such as 100 chairs, 25 tables, sofas, and decorative items. A front porch with ceiling fans and lights has been added, and the landscaping has been revitalized with new sod (60 pallets), outdoor plants, and a sprinkler system. The parking lot now features solar lighting leading to the main gate, and a modern security system with cameras has been installed. Other improvements include repairs and repainting of adjacent buildings, barn repairs, and general property enhancements. This property is ideal for hosting events, creating a retreat, or living sustainably while generating multiple income streams.
East Palatka Real Estate
The median home value in East Palatka, FL is $299,000. This is higher than the county median home value of $177,500. The national median home value is $338,100. The average price of homes sold in East Palatka, FL is $299,000. Approximately 61.07% of East Palatka homes are owned, compared to 14.21% rented, while 24.72% are vacant. East Palatka real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a East Palatka real estate agent to arrange a tour today!
East Palatka, Florida has a population of 1,375. East Palatka is less family-centric than the surrounding county with 12.73% of the households containing married families with children. The county average for households married with children is 18.89%.
The median household income in East Palatka, Florida is $57,647. The median household income for the surrounding county is $39,975 compared to the national median of $69,021. The median age of people living in East Palatka is 43.6 years.
East Palatka Weather
The average high temperature in July is 91 degrees, with an average low temperature in January of 45.3 degrees. The average rainfall is approximately 50.6 inches per year, with 0 inches of snow per year.