Putnam
188 PALM Drive
48
Map
$665,000
↓ $10K (1.5%)
●
House -
For Sale
188 PALM Drive
Georgetown, FL 32139
3 Beds
2 Baths
1,536 Ft²
$3,503
Est. Monthly
About This Property
Welcome to your dream St. Johns Riverfront retreat! This
beautifully updated 3-bedroom, 2-bathroom CCB home boasts 1536 sq.
ft. of living space on a large 1.22 acre lot with
approximately 111 ft. along the stunning river. Reinforced dock
with boathouse with 2 boat slips. Enjoy breathtaking water views
and sunsets from your enclosed screen porch or step our to a large
fire pit with wonderful river views. A spacious fenced backyard is
perfect for entertaining. A large detached garage/workshop is ready
for anything you desire. Large circular drive way with plenty
of space for your cars, water toys and other vehicles Read more
about the improvements and updating on this home in the documents.
This home is a rare find, don't let it get away.
Unit Size
1,536 Ft²
Days on Market
287 days
Land Size
1.22 acres
Price per sqft
$433
Property Type
House
Property Taxes
$238
HOA Dues
-
Year Built
1971
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: 7 months ago (Real MLS #2121802)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 29, 2026 | Price Decreased |
$665,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Dec 16, 2025 | Listed by CENTURY 21 TRITON REALTY | $675,000 | |
| Listed by CENTURY 21 TRITON REALTY | |||
| Oct 29, 2014 | Sold | ||
| Sold | |||
| Mar 21, 2014 | Listed by CENTURY 21 TRITON REALTY | $219,800 | |
| Listed by CENTURY 21 TRITON REALTY | |||
| Jul 11, 2013 | Listed by FLORIDA HOMES REALTY & MTG LLC | $268,600 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
| | |||
|
Uniqe Riverfront Property located in S. Putnam County,Fl. Large corner 1.2 acre Lot with a Concrete Block Home that has newer upgrades. Rear Screened Patio, Detached Metal Workshop/Garage. Dock & Covered Boathouse with boat slips & Lifts. Ready to Move in. Tile, Laminate flooring & New Carpet. Relax & enjoy the sounds of Fish jumping and Nature at its Finest.
| |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Additional Parking, Circular Driveway, Detached, Garage, RV Access/Parking
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), His and Hers Closets, Pantry, Butler Pantry, Primary Bathroom - Shower No Tub
Appliances: Dishwasher, Electric Water Heater, Induction Cooktop, Microwave
Flooring Type: Tile, Vinyl, Wood
Laundry Features: Electric Dryer Hookup, In Unit, Washer Hookup
Has Fireplace
Fireplace Features: Electric
Fireplaces: 2
Exterior Details
Square Footage: 1536
Square Footage Source: $0
Property Condition: Updated/Remodeled
Architectural Style: Ranch
Year Built: 1971
Waterfront Features: Navigable Water, River Front
Levels: One
Other Structures: Boat House
Construction Materials: Block, Concrete
Patio and Porch Features: Rear Porch, Screened
Lot Features: Few Trees, Dead End Street
Lot Size Area: 1.22
Lot Size Units: Acres
Lot Size Acres: 1.22
Lot Size Square Feet: 53143.2
Water Source: Well
Financial Details
Tax Annual Amount: $2,850
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric, Heat Pump
Sewer : Septic Tank
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
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HOA + Taxes
About Putnam
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Listed by: JILL GOODMAN, CENTURY 21 TRITON REALTY
Last Updated: 7 months ago
Data Source: Real MLS, MLS# 2121802
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: 7 months ago
Data Source: Real MLS, MLS# 2121802
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