$110.38 Per Sq Foot $6,442 est/mo Sourced by Back At You

3833-3835 Reid Street,Palatka, FL 32177

Palatka FL, 32177

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Description

Sale includes 3833 and 3835 Reid Street. 3 single family homes and 4 duplexes sit on 3.42 acres of land currently being used as multifamily residential and zoned for commercial (C2) use. The possibilities are endless for this prime piece of property located in the rapidly expanding commercial zone near State Road 100 and State Road 19 (proposed site for the new WAWA store and Longhorn Steakhouse). This intersection currently has excellent exposure at 20,000 cars per day. Property has direct left-hand turning access. Total gross rental income of $90K is being generated for all 11 units. All structures being sold as is. Nearby businesses include Lowe's, Home Depot, Holiday Inn Express, Dollar General, Sonnys BBQ, and Zaxby's. Owner will consider financing with strong down payment.

Details

MLS#1236448
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive Under Contract
Days On Site278
Listing Provided ByBERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | LISE MURPHY

Features

SQ Feet10,872
Story(s)1
Units11
Acreage3.42

Market Activity 32177

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Northeast Florida Association of REALTORS®.

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Learn More About This Property

StateFL
CountyPutnam
CityPalatka
Zip Code32177
Area561 Greater Palatka
Listing VS Median (in 32177)
Price:
$1,200,000
low | high
Med:
$270,000
100% of Average
SqFt:
10,872
low | high
Med:
2,314
100% of Average
$ / SqFt:
$110
low | high
Med:
$117
44.28694900605% of Average
On Site:
278
low | high
Med:
151.000000
100% of Average
Sourced by Back At You
Listing Updated: April 10, 2024 at 1:45:09 PM PDT
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