Search
Updated Coffee Shop with Patio
For Sale
$235,000

3323 ST JOHNS Avenue, Palatka, FL 32177

Commercial Sale, Palatka, FL

Property Size1,003 SF
Lot Size0.24 Acres
Price / SF$234.30
Days on Market96

Property Features for 3323 ST JOHNS Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking features Parking Lot
Accessibility Accessible Approach with Ramp
Lot features Cleared
Directions From State Rd 19, go east on St. Johns Ave for approximately .6 miles to property on right.
Subdivision 561-Greater Palatka
Standard status Active
APN 111026000001220000
Size 1,003 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1804

Utilities

Sewer type Public Sewer
Heating system Central, Heat Pump (Heating), Electric (Heating)
Cooling system Central Air, Electric
Water source Public

Amenities

wired security system
exterior security lighting
fenced backyard

Building Details

Year built 1950
Floors in Building 1
Flooring type Vinyl
Building materials Frame, Wood Siding
Roof type Metal
Listing Agency: KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE
Listed By: FRANK PEREZ-ANDREU
Added: Jul 15 Changed: Oct 8 Last Checked: Oct 18 at 5:06PM
MLS# 2155430

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,003-square-foot commercial building, constructed in 1950, is currently operated as a coffee and wine bar. The property includes a kitchen, bathroom, central HVAC, vinyl flooring, a metal roof, and recent improvements to the electrical system, kitchen, bathroom, HVAC system, and tankless water heater. An outdoor patio and fenced backyard extend the usable property area, while a ramp provides an accessible approach.

The property occupies 0.24 acres at 3323 St Johns Avenue in Palatka, Florida. Public water and sewer serve the site, which also includes a parking lot. C-1A Neighborhood Commercial zoning permits approved commercial purposes including professional or business offices, service establishments, and medical or dental offices.

Additional features include a wired security system, exterior security lighting, and a large illuminated steel sign frame for business signage.

Key Highlights

  • 1,003 square feet on a 0.24‑acre parcel
  • C‑1A Neighborhood Commercial zoning
  • 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 (±1% cap)
NOI $11,125 @ 7.0% cap · market cap 4.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$261.2K
$228.6K – $304.8K (±1% cap)
NOI $18,285 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Coffee shops

Location Intelligence

Trade Area within ½ mile

586
Businesses Nearby
Well-served
Demand for This Use

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

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 zoning supports approved office, service, and medical uses.
Where is this coffee shop located?
The property is located at 3323 ST 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: 1,003 square feet on a 0.24‑acre parcel; C‑1A Neighborhood Commercial zoning; Currently operated as a coffee and wine bar
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again