Palatka FL Multi Family for Sale
$1,100,000
3833-3835 REID ST Palatka, FL 32177
- Type:
- Apartment Building
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1954
- Baths:
- MLS#:
- 244653
- Subdivision:
- Palatka
ADDITIONAL INFORMATION
Introducing a unique investment opportunity in the rapidly expanding commercial corridor near State Road 100 and State Road 19 â?? a prime 3.42-acre property that offers a blend of multifamily residential income and commercial development potential. Key Highlights: Current Use & Income: This property includes 3 single-family homes and 4 duplexes, generating $123,000 in gross rental income from 11 fully-occupied units. 8.53% Cap Rate. Zoning Flexibility: Zoned Commercial (C2), this property is ideal for a wide range of business uses, including a medical facility, hotel, or other high-demand commercial ventures. Benefit from existing rental income while planning for future development.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 12
- Lot size:
- 1.22 Acres
- Year built:
- 1976
- Baths:
- 6.00
- MLS#:
- 2009202
- Subdivision:
- Round Lake Park
ADDITIONAL INFORMATION
**Prime Investment Opportunity**: Nestled on a spacious 1.22-acre lot, Three duplexes with 2 bedrooms/1 bath presents an enticing prospect for savvy investors seeking to maximize returns. With Three separate units, each unit has 2 units boasting its own living space, kitchen, and bedrooms, this property offers flexibility and potential for rental income or multi-generational living arrangements. Call for your showing.
- Type:
- Multi-Family
- Sq.Ft.:
- 2,082
- Status:
- Active
- Beds:
- 12
- Lot size:
- 1 Acres
- Year built:
- 2004
- Baths:
- 6.00
- MLS#:
- FC298113
View additional info
Courtesy: EAZ REALTY LLC
386-585-4833
Mindy Melendez
ADDITIONAL INFORMATION
**Prime Investment Opportunity**: Nestled on a spacious 1.22-acre lot, Three duplexes with 2 bedrooms/1 bath presents an enticing prospect for savvy investors seeking to maximize returns. With Three separate units, each unit has 2 units boasting its own living space, kitchen, and bedrooms, this property offers flexibility and potential for rental income or multi-generational living arrangements. Owner willing to have the lots split! Call for your showing.
Andrea Conner, License #BK3437731, Xome Inc., License #1043756, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable by is not guaranteed accurate by the MLS. Copyright 2024, St Augustine Board of Realtors. All rights reserved.
Palatka Real Estate
The median home value in Palatka, FL is $230,000. 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 Palatka, FL is $230,000. Approximately 42.93% of Palatka homes are owned, compared to 47.76% rented, while 9.31% are vacant. 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 Palatka real estate agent to arrange a tour today!
Palatka, Florida has a population of 10,399. Palatka is less family-centric than the surrounding county with 12.62% of the households containing married families with children. The county average for households married with children is 18.89%.
The median household income in Palatka, Florida is $28,082. 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 Palatka is 37.4 years.
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.