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Divisible Office Property
New
For Lease
$3,090/Mo

1116 N HIGHWAY 17, Palatka, FL 32177

Commercial Lease, PALATKA, FL

Space Size1,030 SF - 2,060 SF
Lot Size4.44 Acres
Days on Market4

Property Features for 1116 N HIGHWAY 17

General Information

Property type Commercial Lease
Property subtype Office
Directions US-17 to 1116 US-17.
Subdivision 32177 - Palatka
Standard status Active
APN 30-08-27-0000-0040-0000-1
Size 2,068 SF
Lot size 4.44 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PT OF SE 1/4 OF NW 1/4 MTG BK 10 P90 & BK166 P307 (EX BK147 P24)
Tax Annual Amount 6905
Legal Description PT OF SE 1/4 OF NW 1/4 MTG BK 10 P90 & BK166 P307 (EX BK147 P24)

Utilities

Cooling system Central Air

Amenities

multiple entrances
new metal roof
air conditioning
private offices
lobby
reception area
kitchen/break area
ADA restrooms

Building Details

Year built 1945
Building materials Block
Listing Agency: WATSON REALTY CORP
Listed By: Carol Carroll · License #3530074
Added: Oct 10 Changed: Oct 13 Last Checked: Oct 13 at 9:06PM
MLS# FC322046

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This block-construction office property offers seven private offices, a lobby, reception space, a kitchen or break area, and two ADA-compliant restrooms. Four entrances—two at the front and two at the rear—support a layout that can be separated into two units of approximately 1,030 square feet each. The building has central air conditioning and a new metal roof.

The property occupies 4.44 acres along US 17 N in Putnam County. Traffic on the highway was reported at an AADT of 10,900 for 2024. C-3 (Commercial General) zoning allows a range of uses, including retail, restaurant, and office. The site is 10 miles from downtown Palatka, 16 miles from Green Cove Springs, 39 miles from downtown Saint Augustine, and 44 miles from downtown Jacksonville.

Key Highlights

  • Seven private offices, lobby, reception area, kitchen/break area, and two ADA restrooms
  • Four entrances: two at the front and two at the rear
  • Can be configured as two units of approximately 1,030 square feet each

Property Analytics

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Current Use

M. Farooque M.D., ... Physician Medical Marijuana Treatment ... Medical Clinic Craft Clinic Medical Clinic W W Contractors Construction Company

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Grocery & Convenience Store Pet Store Discount Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10,900 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.69 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

38
Businesses Nearby

Demographics for 32177, FL

25,380
Population
11,549
Households
2.2
Avg Household Size
42
Median Age
13%
College-Educated
86%
High-School Grad
226.8 sq mi
ZIP Area
112
Density / Sq Mi
$47,486
Median Household Income
$35,451
Median Earnings
$940
Median Rent
$158,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - A multi-office layout with separate entrances can accommodate one occupant or two smaller suites.
Where is this office units located?
The property is located at 1116 N HIGHWAY 17 Palatka, FL.
What is the lease rate?
The lease rate is $3,090/Mo.
What are key features of this property?
This property features: Seven private offices, lobby, reception area, kitchen/break area, and two ADA restrooms; Four entrances: two at the front and two at the rear; Can be configured as two units of approximately 1,030 square feet each
More about this property
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