607 St Johns Ave Palatka, FL 32177
- Commercial real estate
- 0.13 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 607 St Johns Ave
- Year built
- 1923
- Lot size
- 0.13 lot acres
- Property type
- Commercial real estate
Description
This exceptional 0.13-acre commercial property, encompassing 607, 609, 613, and 615 St. Johns Avenue in the heart of downtown Palatka, Florida, presents a unique investment opportunity for developers and investors. Priced at $1,500,000, this versatile parcel offers significant potential for a dynamic mixed-use development. Its central location provides immediate access to the vibrant downtown area, with its thriving shops, restaurants, and businesses. The property's proximity to the St. Johns River adds to its appeal, offering scenic views and recreational opportunities. The flexible zoning allows for a variety of uses, including residential apartments, office spaces, and ground-floor retail, catering to diverse needs and maximizing return on investment. This prime location benefits from the current surge in interest and revitalization efforts transforming downtown Palatka, making it an ideal time to capitalize on the area's growth and historic charm. The property's potential to contribute to the ongoing revitalization of downtown Palatka is undeniable, promising strong returns for a forward-thinking investor. This is a rare chance to acquire a significant piece of Palatka's burgeoning commercial landscape. Don't miss this opportunity to be part of the exciting transformation of this historic Florida city.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palatka
- County
- Putnam
- State
- Florida
- Longitude
- -81.635
- Latitude
- 29.647
