East Palatka, FL 32131
This exceptional 13.77-acre property in East Palatka, Florida, presents a unique investment opportunity. Located in Putnam County, with the APN 39-10-27-6900-0121-0010, this commercially and residentially zoned (AG) land boasts significant river frontage and direct access to FL-17, offering unparalleled visibility and accessibility. The asking price is $549,000, translating to approximately $69,644 per acre. The property's prime location makes it ideal for a variety of commercial ventures, including, but not limited to, a dry stack marina, restaurant, or convention center. Its substantial size and strategic positioning along the St. Johns River and a major highway provide exceptional potential for development and significant return on investment. The property is owned by Priester. This is a rare opportunity to acquire a large parcel of land with exceptional river access and highway frontage in a rapidly growing area. The property's zoning allows for diverse development options, catering to a wide range of commercial and residential uses. Serious inquiries are encouraged. The zip code is 32131.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.