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Putnam
109 SE 3RD STREET
$7,500
● Land - Off Market

109 SE 3RD STREET

GEORGETOWN, FL 32139
bedrooms
Studio
bathrooms
0 Bath
$48
Est. Monthly

About This Property

Vacant residential lot offering 75 ft of frontage on SE 3rd St. Approximately 0.23 acres with no build timeline. Ideal opportunity for future development or long-term hold in the Georgetown area. The property is located minutes from Crescent City, known as the bass capital of the world, and an easy drive to St. Augustine, Ocala, and Orlando. The lot located next door at 111 SE 3rd St is also available for purchase and owned by the same seller - MLS #TB8467443.
Unit Size
-
Days on Market
14 days
Land Size
0.23 acres
Price per sqft
-
Property Type
Land
Property Taxes
$9
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: 8 months ago (Stellar MLS #TB8466043)

Price History

Date / Event Date Event Price
Feb 4, 2026 Sold
Premium
Sold
Jan 26, 2026 In contract -
In contract
Jan 17, 2026 Listed by FLORIDA HOMES REALTY & MORTGAGE $8,000
Listed by FLORIDA HOMES REALTY & MORTGAGE
Jun 19, 2006 Sold
Premium
Sold
May 2, 2006 Sold
Premium
Sold

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: 10,019
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 750
  • 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: PARADISE LAKES SUB
  • Land Acres: 0000000230
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: PARADISE LAKES S/D UNIT 1 MB5 P29 BLK 16 LOT 5

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 951402

Geography

  • Account Number: 44980
  • Parcel: 07-13-27-7060-0160-0050
  • Block: 16
  • Lot: 5
  • Meridian: SEC 07 TWN 13S RNG 27E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.3822
  • Longitude: -81.613

    Address

  • Full Address: 109 Se 3rd
  • Address - House Number: 109
  • Street Direction: SE
  • Address - Street Name: 3rd
  • State: FL
  • City Name: Georgetown
  • Zip Code: 32139

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,709
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 000

    Market Valuation

  • Market Total Value: $5,680
  • Market Land Value: $5,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,680
  • Assessed Land Value: $5,680

    Sales

  • Current Sale Contract Date: Jun 14, 2006
  • Current Sale Recording Date: Jun 19, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 587887
  • Previous Sale Recording Date: May 02, 2006
  • Previous Sale Contract Date: Apr 21, 2006
  • Previous Sale Amount: $169,000
  • Previous Sale Document Type: 71
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

$189

Below Asking

0.03%

Average Days on Market

76

Average Home Size

1767 ft²

Average Home Age

46.4 years

Currently For Sale

417 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

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STELLAR

Listed by: Christie Di Lemme
FLORIDA HOMES REALTY & MORTGAGE
Last Updated: 8 months ago
Data Source: Stellar MLS, MLS# TB8466043
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 109 Southeast 3rd Street built and last sold?
The property at 109 Southeast 3rd Street was built in and last sold on Jun 14, 2006 for $30,000.
How much is this home worth?
The estimated value of the home located at 109 Southeast 3rd Street is $0.
What are some comparable homes to 109 Southeast 3rd Street?
There are currently no comparable homes to 109 Southeast 3rd Street.
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