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Putnam 32177
102 COBIA DRIVE
$8,500
● Land - Off Market

102 COBIA DRIVE

PALATKA, FL 32177
bedrooms
Studio
bathrooms
0 Bath
$58
Est. Monthly

About This Property

Great opportunity to own a piece of paradise in Palatka. Located just minutes from the St. Johns River! This property is in a growing area with tons of potential, just a few miles from mile from the public boat launch and close to downtown Palatka. No build time requirements. Perfect for future build plans or as an investment in this rapidly developing area. Lot improvements are the buyer's responsibility. Don't miss out on this prime location!
Unit Size
-
Days on Market
88 days
Land Size
0.28 acres
Price per sqft
-
Property Type
Land
Property Taxes
$16
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (Stellar MLS #FC306968)

Price History

Date / Event Date Event Price
May 2, 2025 Sold
Premium
Sold
Mar 25, 2025 In contract -
In contract
Feb 3, 2025 Listed by YOUR HOME SOLD GUARANTEED REALTY (PC) $8,500
Listed by YOUR HOME SOLD GUARANTEED REALTY (PC)

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 800
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: ST JOHNS HARBOR SUB
  • Land Acres: 0000000280
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: ST JOHNS HARBOR S/D UNIT 3 MB5 P37 BLK 6 LOT 2

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950100

Geography

  • Account Number: 54491
  • Parcel: 35-08-27-8152-0060-0020
  • Block: 6
  • Lot: 2
  • Meridian: SEC 35 TWN 08S RNG 27E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.7659
  • Longitude: -81.5758

    Address

  • Full Address: 102 Cobia Dr
  • Address - House Number: 102
  • Address - Street Name: Cobia
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Palatka
  • Carrier Code: R002
  • 4-Digit Zip Code: 7384
  • Zip Code: 32177

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $19,000
  • Initial Tax Delinquent Year: 2015
  • Tax Rate Code Area: 000

    Market Valuation

  • Market Total Value: $3,820
  • Market Land Value: $3,820

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,820
  • Assessed Land Value: $3,820
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Putnam

Stats & Trends

Median Asking:

$280,000

Sale Price/ft²

$188

Below Asking

0.03%

Average Days on Market

74

Average Home Size

1774 ft²

Average Home Age

45.5 years

Currently For Sale

409 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 134 Bowfin Drive, Palatka, FL, 32177

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,540 ft²
134 Bowfin Drive, Palatka, FL, 32177 Listing by STEPHANIE HAWKINS HUSKEY

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Jesse Warmka
YOUR HOME SOLD GUARANTEED REALTY (PC)
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# FC306968
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 102 Cobia Drive built and last sold?
The property at 102 Cobia Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 102 Cobia Drive is $0.
What are some comparable homes to 102 Cobia Drive?
There are currently no comparable homes to 102 Cobia Drive.
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