Putnam
115 Flora Terrace
60
Map
$424,999
↓ $40K (8.6%)
●
House -
For Sale
115 Flora Terrace
Florahome, FL 32140
3 Beds
2 Baths
1,008 Ft²
$2,520
Est. Monthly
5.07%
Cap Rate
About This Property
The Properties Rarely hit the market, come see this one of Kind
Lake Home. Enjoy some of the worlds bests sunsets with this 140
Feet of Lake Front at this secluded Cabin on George's Lake.
Private dock & beautifully maintained lakefront property,
centrally located between Palatka & Gainsville but also away from
it all. The property is currently being used as a successful
Vacation Rental as well as a family getaway to the Lake. A
Royal Master Bathroom adds to the uniqueness of this house.
The screened in Front Porch is a perfect way to watch the
sunrise with your coffee.Detached 1-car garage (AC 2020, roof
2021)140' of shoreline with renovated sea wall (right side)Dock
entrance & lake steps rebuilt for easy accessRoof (2021), AC
(2020)New septic tank & drain field
Unit Size
1,008 Ft²
Days on Market
124 days
Land Size
0.37 acres
Price per sqft
$422
Property Type
House
Property Taxes
$433
HOA Dues
-
Year Built
1979
Listed By
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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 months ago (Beaches MLS #F10527776)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 19, 2026 | Price Decreased |
$424,999
↓ $40K
(8.6%) | |
| Price Decreased | |||
| May 27, 2026 | Relisted | $464,900 | |
| Relisted | |||
| May 9, 2026 | No longer available | - | |
| No longer available | |||
| Apr 4, 2026 | Price Decreased |
$444,900
↓ $20K
(4.3%) | |
| Price Decreased | |||
| Jan 6, 2026 | Price Decreased |
$464,900
↓ $20K
(4.1%) | |
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Garage
Air Conditioning
With View
Parking Details
Has Garage
Parking Features: Detached, Garage, Parking Pad, RV Access/Parking
Interior Details
Full Bathrooms: 2
Interior Features: BedroomOnMainLevel, DiningArea, SeparateFormalDiningRoom, LivingDiningRoom, MainLevelPrimary, MultipleEnSuiteBathrooms, TubShower
Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Flooring Type: Wood
Laundry Features: Laundry Room
Rooms: 2
Exterior Details
Square Footage: 1008
Square Footage Source: $0
Property Condition: Resale
Architectural Style: Country, Florida
Year Built: 1979
Waterfront Features: Lake Front, Seawall, Other
Levels: One
Other Structures: Garage(s)
Window Features: Bay Window(s)
Construction Materials: Aluminum Siding, Block
Patio and Porch Features: Deck, Patio, Porch, Wrap Around
Lot Features: OversizedLot, QuarterToHalfAcreLot
Lot Size Area: 16117.2
Lot Size Units: Square Feet
Lot Size Acres: 0.37
Lot Size Square Feet: 16117.2
Lot Size Dimensions: .37
Financial Details
Tax Annual Amount: $5,197
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Electric
Heating Type: Central, Electric
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Putnam
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Listed by: Brett J Waldman
Charles Rutenberg Realty FTL
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# F10527776
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. 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. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Charles Rutenberg Realty FTL
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# F10527776
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