$150,000
●
Land -
Off Market
157 PINE TREE Road
Palatka, FL 32177
Studio
0 Bath
$189,288
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model
About This Property
Country living and an outdoorsman's paradise on over 25 private
acres with property backing up to the highly desirable St Johns
River with over 300 ft of River Frontage. This property is the
perfect location for the active outdoorsman or nature enthusiast.
Land has old growth hardwood and thick vegetation close to the
river making it the perfect place to hunt local wildlife. Many
walking trails and cleared areas going towards river but still very
raw so you can make it your own. Dirt Road access with a gated
entry. 3 buildings and some other structures are located on
the property which could make a perfect hunting camp with some TLC
or whatever you envision. Property has water and electric.
Please See Private Remarks for Offer Instructions
Unit Size
-
Days on Market
49 days
Land Size
25.86 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1980
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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: 3 months ago (Real MLS #1137007)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 2, 2025 | Sold | ||
| Sold | |||
| Jan 30, 2025 | In contract | - | |
| In contract | |||
| Sep 27, 2024 | Listed by BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY | $275,000 | |
| Listed by BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY | |||
| | |||
|
Discover your private slice of paradise with over 25 acres of unspoiled country living in Putnam County, ideal for outdoorsmen and nature enthusiasts! Backing up to the stunning St. Johns River with over 300 feet of river frontage, this property offers endless opportunities for adventure and relaxation. Explore trails lined with majestic old-growth hardwoods, dense vegetation, and wildlife, making it a hunter's dream.
The property's raw beauty offers a blank canvas for creating your ultimate outdoor haven. Enjoy dirt road access, a gated entry, and several existing buildings, ready to be transformed into a hunting camp, weekend getaway, or whatever you envision—with a little TLC! Equipped with water and electric, this spot is primed for your outdoor dreams. Don't miss this chance to own a unique piece of Florida wilderness on the sought-after St. Johns River!
| |||
| Feb 2, 2022 | Sold | ||
| Sold | |||
| Oct 18, 2021 | Listed by DAVIDSON REALTY, INC. | $175,000 | |
| Listed by DAVIDSON REALTY, INC. | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Putnam
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Listed by: TAMMY PEACOCK, DAVIDSON REALTY, INC.
Last Updated: 3 months ago
Data Source: Real MLS, MLS# 1137007
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. Data is deemed reliable but is not guaranteed accurate by NEFMLS.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 months ago
Data Source: Real MLS, MLS# 1137007
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