257 Harbor Dr Palatka, FL 32177

Property Details for 257 Harbor Dr

Property type

Commercial real estate

Description

Exceptional investment opportunity encompassing 1,089,000 square feet of land in Palatka, Florida, ideally situated for development. This property, located at 257 Harbor Drive, offers 120 buildable lots within the established St. Johns Harbor residential community. The lots, primarily ranging from 0.20 to 0.22 acres, present a unique blend of developed and undeveloped parcels, with some situated on paved streets and others on platted streets awaiting infrastructure. The property's proximity to the St. Johns River and a public boat ramp provides convenient access to water recreation. Its strategic location between Green Cove Springs and Palatka, coupled with its proximity to the new First Coast Expressway (connecting I-10 and I-95, and only 16 miles north), ensures easy access to the greater Jacksonville area. The seller is open to selling blocks of lots or individual lots, making this an attractive proposition for various development strategies. An adjacent 63.45-acre parcel is also available for purchase. This offering presents tremendous potential for builders, developers, and investors seeking a prime waterfront development opportunity in a rapidly growing area. The asking price for this expansive property is $1,500,000. The property is zoned for both commercial and residential use.