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Four-Dwelling Multifamily Property
For Sale
$1,495,000

122 MACON Road, Palatka, FL 32177

Residential Income, Palatka, FL

Property Size1,362 SF
Lot Size4.18 Acres
Price / SF$1,097
Days on Market18

Property Features for 122 MACON Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Agricultural
Bedrooms 10
Rooms Bedroom 3, Bedroom 4, Bedroom 10, Bedroom 5, Bedroom 8, Bedroom 9, Bedroom 2, Bedroom 1, Bedroom 7, Bedroom 6
Parking features Gated, Off Street, Open, Carport, Guest, Garage, RV, Covered
Security features Security System
Spa 1
Pool private 1
Fencing Fenced
Accessibility Accessible Approach with Ramp
Appliances Dishwasher, Disposal, Dryer, Electric Oven, Gas Cooktop, Gas Oven, Gas Water Heater, Ice Maker, Instant Hot Water, Microwave, Plumbed For Ice Maker, Refrigerator, Tankless Water Heater, Washer, Washer/Dryer Stacked, Water Softener Owned, Wine Cooler
Subdivision Metes & Bounds
Lot features Agricultural, Cleared, Dead End Street, Farm, Few Trees, Sprinklers In Front, Sprinklers In Rear
Elementary school Moseley
Middle school Miller Intermediate
High school Palatka
Directions Head South on US 17 toward Palatka. In Palatka, turn right on Mosley Ave. Turn left on Edgemoor St. Slight right on Lundy Rd. Continue onto Browns Landing Rd. Turn left onto Macon Rd.
Standard status Active
APN 301027000000250000
Size 1,362 SF
Lot size 4.18 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 15849

Utilities

Utilities Cable Available
Sewer type Septic Tank, Private Sewer
Heating system Hot Water(Heating), Electric (Heating), Heat Pump (Heating), Central
Cooling system Multi Units, Central Air
Water source Well, Private

Amenities

split rail white wood fence
decorative gates with tree of life
remote electric gate openers
white privacy fencing
screened lanais
paver brick sidewalks
palm tree lined driveway
heated salt swimming pool
spa
luminars
artesian wells with water treatment
water softeners
tankless gas water heaters
engineered septic systems
Generac generators
propane tanks

Building Details

Year built 1973
Floors in Building 1
Number of units 4
Flooring type Tile
Building materials Brick, Block, Concrete
Roof type Shingle
Additional Structures Gazebo
Listing Agency: COLDWELL BANKER VANGUARD REALTY · Coldwell Banker Real Estate
Listed By: JOSEPH DENNY · License #3457656
Added: Sep 29 Changed: Oct 15 Last Checked: Oct 16 at 4:06PM
MLS# 2169470

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

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Investment Insights

Based on property information with market context.

Set on 4.18 acres in Palatka, this multifamily property comprises four separate dwellings. The grounds include screened lanais, a heated saltwater pool with spa, paver-brick walkways, and a palm-lined driveway. Property size is listed as 1,362 square feet.

The property is next to the St. John’s River at Brown’s Landing, with access to boating and water sports. It sits on a dead-end street and has a gated entrance with remote-operated openers.

Water is supplied by two artesian wells with treatment and softeners. Three engineered septic systems, three 250-amp Generac generators, and three buried 250-gallon propane tanks serve the property. Other features include tankless gas water heaters and private fencing.

Key Highlights

  • Four separate dwellings on 4.18 acres
  • Property size listed as 1,362 square feet
  • Heated saltwater pool with spa and screened lanais

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Carpet & Flooring Store Bar & Pub

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

4
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

10
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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Four separate residences share a gated property with a heated saltwater pool and spa.
Where is this multifamily property located?
The property is located at 122 MACON Road Palatka, FL.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Four separate dwellings on 4.18 acres; Property size listed as 1,362 square feet; Heated saltwater pool with spa and screened lanais
More about this property
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