340 Kay Larkin Dr Palatka, FL 32177

This 4.2-acre commercial land parcel in Palatka, Florida, presents a unique investment opportunity. Zoned C-2, the property is previously engineered, entitled, and permitted for up to 50,000 square feet of medical office space, making it ideal for developers or end-users seeking expansion in this growing market. Its strategic location less than one mile from HCA Florida Putnam Hospital positions it perfectly to serve the needs of a burgeoning retirement community and the ancillary medical services they require. The site boasts convenient access to all utilities, situated just one mile north of HCA Florida Putnam Hospital and one mile west of St. Johns River State College. Furthermore, its proximity to major northeast Florida points of interest within an hour's drive enhances its appeal. Significant local infrastructure improvements are underway, including a $1 million investment in the Palatka Municipal Airport and future expansion of the Port of Palatka. The area is experiencing substantial growth, fueled by a planned $146 million-plus riverfront entertainment district ten minutes to the east and a new 5,200-acre Bass Pro Shops wilderness and hunting resort to the south. This influx of new residents and businesses creates a strong foundation for future development and significant return on investment. The property's location within Putnam County, Florida, and its zip code is 32177. The address is 340 Kay Larkin Dr, Palatka, FL.