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    Land

    227 Hwy, East Palatka, FL 32131

    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Land
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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