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Putnam 32177
280 HARBOR Drive
$137,500
● Land - Off Market

280 HARBOR Drive

Palatka, FL 32177
bedrooms
Studio
bathrooms
0 Bath
$942
Est. Monthly

About This Property

RARE FIND - ONLY 4 LOTS FROM THE ST. JOHN'S RIVER.  75' +/-  CANAL WATERFRONT LOT WITH A NEW 240' +/- ARTESIAN WELL, NEW UPGRADED SEPTIC SYSTEM, ELECTRIC, NEW DECKING AND BULKHEAD. SHALLOW WELL FOR IRRIGATION, DAVIT INSTALLED,  FULLY FENCED WITH A DOUBLE GATE, STORAGE SHED, AND A RECENT SURVEY.  READY FOR YOUR NEW BUILD. POSSIBLE OWNER FINANCING AVAILABLE
Unit Size
-
Days on Market
-
Land Size
0.24 acres
Price per sqft
-
Property Type
Land
Property Taxes
$82
HOA Dues
-
Year Built
1960

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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 (Real MLS #2059283)

Price History

Date / Event Date Event Price
Mar 10, 2025 Sold
Premium
Sold
Feb 20, 2025 In contract -
In contract
Dec 4, 2024 Listed by CENTURY 21 TRITON REALTY $175,000
Listed by CENTURY 21 TRITON REALTY
Aug 15, 2024 No longer available -
No longer available
Jul 18, 2024 Price Decreased $175,000
↓ $4K (2.2%)
Price Decreased
Show More

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1960
  • 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
  • Living Units: 1
  • 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: 10,454
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,248
  • Building Area: 1,248

    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: R
  • Subdivision: ST JOHNS HARBOR SUB
  • Land Acres: 0000000240
  • Standard Land Use Code: 1000
  • County Land Use Code: 00700
  • State Land Use Code: 07
  • Legal Description 1: ST JOHNS HARBOR S/D UNIT 1 MB4 P59 BLK 1 LOT 2 (SUB TO EASE OR1238 P167)

Neighborhood

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

Geography

  • Account Number: 54015
  • Parcel: 35-08-27-8150-0010-0020
  • Block: 1
  • Lot: 2
  • Meridian: SEC 35 TWN 08S RNG 27E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.758
  • Longitude: -81.5696

    Address

  • Full Address: 280 Harbor Dr
  • Address - House Number: 280
  • Address - Street Name: Harbor
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Palatka
  • Carrier Code: R006
  • 4-Digit Zip Code: 7269
  • Zip Code: 32177

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $98,595
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 45,667
  • High Value: 66,832
  • Low Value: 24,501

    Market Valuation

  • Market Total Value: $60,290
  • Market Land Value: $57,350
  • Market Improvement Value: $2,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,290
  • Assessed Land Value: $57,350
  • Assessed Improvements Value: $2,940

    Sales

  • Current Sale Contract Date: Jan 14, 2022
  • Current Sale Recording Date: Jan 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1349
  • Previous Sale Recording Date: Sep 06, 2018
  • Previous Sale Contract Date: Sep 04, 2018
  • Previous Sale Amount: $39,000
  • 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:

$275,000

Sale Price/ft²

$190

Below Asking

0.04%

Average Days on Market

96

Average Home Size

1784 ft²

Average Home Age

44.9 years

Currently For Sale

294 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.
Real MLS

Listed by: JANA MCNALLY, CENTURY 21 TRITON REALTY
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2059283
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.

Frequently Asked Questions

When was property at 280 Harbor Drive built and last sold?
The property at 280 Harbor Drive was built in 1960 and last sold on Jan 14, 2022 for $69,900.
How much is this home worth?
The estimated value of the home located at 280 Harbor Drive is $0.
What are some comparable homes to 280 Harbor Drive?
There are currently no comparable homes to 280 Harbor Drive.
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