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    227 Hwy East Palatka, FL 32131

    For Sale
    $649,000

    Wooded Acreage, St. Johns Riverfront

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 48,351.6 square foot vacant land parcel presents a unique investment opportunity in East Palatka, Florida. Boasting over 100 feet of frontage on the picturesque St. Johns River, this property offers stunning river views and a tranquil wooded setting. The lot is zoned C-2 and AG, providing flexibility for a variety of commercial and agricultural uses. Its strategic location near the intersection of Highway 17 and State Road 207 ensures convenient access to St. Augustine and other key areas. Public utilities are available, although not currently connected to the property. A significant advantage is the inclusion of a deeded access and parking agreement on state-owned land, simplifying logistics and access. The asking price for this remarkable property is $649,000. This is an exceptional opportunity to acquire a substantial riverfront parcel with significant development potential in a rapidly growing area. The property's size and zoning offer a wide range of possibilities for discerning investors and developers. Don't miss this chance to secure a piece of prime Florida real estate. The address is 227 S. Highway 17, East Palatka, FL 32131.

    Property Features for 227 Hwy

    General Information

    Property type
    Land

    HighLights

    • 48,351.6 sq ft vacant land parcel in East Palatka, FL.
    • Over 100 ft of St. Johns River frontage with stunning river views.
    • C‑2 and AG zoning allows for commercial and agricultural uses.
    • Convenient access to St. Augustine via Highways 17 & 207.
    • Public utilities available.
    • Includes deeded access and parking agreement on state land.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    East Palatka
    County
    PUTNAM
    State
    Florida
    Longitude
    -81.597854
    Latitude
    29.644724

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    FAQs

    What type of property is this?
    Land - Wooded Acreage, St. Johns Riverfront
    Where is this land located?
    The property is located at 227 Hwy East Palatka, FL.
    What is the asking price?
    The asking price for this property is $649,000.
    What are key features of this property?
    This property features: 48,351.6 sq ft vacant land parcel in East Palatka, FL.; Over 100 ft of St. Johns River frontage with stunning river views.; C-2 and AG zoning allows for commercial and agricultural uses.
    (386) 328-6716
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    227 Hwy East Palatka, FL 32131
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    East Palatka, FL 32131
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    227 Hwy East Palatka, FL 32131
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