Updated Coffee Shop
For Sale
$235,000
3323 SAINT JOHNS Avenue, Palatka, FL 32177
Commercial Sale, PALATKA, FL
Property Size1,003 SF
Lot Size0.24 Acres
Price / SF$234.30
Days on Market87
Property Features for 3323 SAINT JOHNS Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
From State Rd 19, go east on St. Johns Ave for approximately .6 miles to property on right.
Subdivision
32177 - Palatka
Standard status
Active
APN
11-10-26-0000-0122-0000
Size
1,003 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PT OF NE1/4 OF NE1/4 OR198 P315(EX MCCBK15 P485)
Tax Annual Amount
1751
Legal Description
PT OF NE1/4 OF NE1/4 OR198 P315(EX MCCBK15 P485)
Utilities
Cooling system
Central Air
Amenities
wired security system
exterior security lighting
outdoor patio
fenced backyard
large illuminated steel sign frame
Building Details
Year built
1950
Building materials
Frame, Wood Siding
Roof type
Metal
Listing Agency:
KELLER WILLIAMS REALTY ATLANTIC PARTNERS (ST. AUG)
(904) 797-7442
Listed By:
Frank Perez-Andreu · License #BK3299624
(904) 501-9896
Added: Jul 15
Changed: Sep 29
Last Checked: Oct 9 at 2:06PM
MLS# FC319977
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 1,003-square-foot commercial building in Palatka is currently operated as a coffee and wine bar. The property includes a kitchen, bathroom, central air, tankless water heater, and electrical, kitchen, bathroom, and HVAC updates. Frame construction, wood siding, and a metal roof complete the building improvements.
Situated on Saint Johns Avenue, the property carries C-1A Neighborhood Commercial zoning. The site encompasses 0.24 acres and includes an outdoor patio, fenced backyard, wired security system, exterior security lighting, and a large illuminated steel sign frame. The building dates to 1950 and offers a compact commercial setting for approved neighborhood-oriented uses.
Situated on Saint Johns Avenue, the property carries C-1A Neighborhood Commercial zoning. The site encompasses 0.24 acres and includes an outdoor patio, fenced backyard, wired security system, exterior security lighting, and a large illuminated steel sign frame. The building dates to 1950 and offers a compact commercial setting for approved neighborhood-oriented uses.
Key Highlights
- C‑1A Neighborhood Commercial zoning
- 1,003‑square‑foot building on 0.24 acres
- Currently operated as a coffee and wine bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,125
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$222,500
$222.5K
Cap Rate 7%
$158,929
$158.9K
Cap Rate 9%
$123,611
$123.6K
Market Conditions
NOI Build-Up for 1,003 SF
Gross rent
$15.6K $15.60/SF
− Vacancy
−$814 −$0.81/SF
EGI
$14.8K $14.79/SF
− OpEx
−$3.7K −$3.70/SF
NOI
$11.1K $11.09/SF
Area
Putnam County, FL
Vacancy
5.20%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$222,500
Cap Rate 7%
$158,929
Cap Rate 9%
$123,611
Alternative Uses
Best Use
Specialty Retail
$158.9K
$139.1K – $185.4K
NOI $11,125 @ 7.0% cap · market cap 4.73%
Second Best
Retail
$144.4K
$126.3K – $168.5K
NOI $10,107 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$261.2K
$228.6K – $304.8K
NOI $18,285 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
586
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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 Retail in South region
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Similar Off Market Nearby
- Ellianos Coffee — 801 FL-19, Palatka, FL 32177
- Palatka Coffee Co. — 3711 Crill Ave, Palatka, FL 32177
- Scooter's Coffee — 628 S State Rd 19, Palatka, FL 32177
- Circle K — 624 fl-19, palatka, fl 32177
- Sweepstakes — 3204 Crill Ave, Palatka, FL 32177
Frequently Asked Questions
What type of property is this?
Coffee shop - C-1A Neighborhood Commercial property with a patio, fenced yard, and flexible space for approved business uses.
Where is this coffee shop located?
The property is located at 3323 SAINT JOHNS Avenue Palatka, FL.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: C‑1A Neighborhood Commercial zoning; 1,003‑square‑foot building on 0.24 acres; Currently operated as a coffee and wine bar
