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Putnam 32177
316 FLORIDA Drive
$151,900
● Mobile Manufactured - Off Market

316 FLORIDA Drive

Palatka, FL 32177
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,304 Ft²
$223,293
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

Conveniently located with lots of upgrades! This clean and beautifully maintained home sits on a large, gated half-acre corner lot. The home is in like-new condition, with 2 separate living areas, walk-in closets in each of the 4 bedrooms, 3 full bathrooms, and a spacious master suite with a sitting area, and jacuzzi tub and stand-up shower en suite. The large kitchen has like-new appliances, including a brand-new natural gas commercial stove. Carpet in living areas and back bedrooms is less than a year old. The lot features a large screened in porch, a semi-in-ground pool with a new liner, two workshops, one with electricity and finished interior. a private well, with a sulfur-removing filtration system, and several fruit-bearing trees. There is even room for a large garden!
Unit Size
2,304 Ft²
Days on Market
-
Land Size
-
Price per sqft
$66
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
2007

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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: 3 years ago (Real MLS #986945)

Price History

Date / Event Date Event Price
Jun 12, 2019 Sold
Premium
Sold
Mar 29, 2019 Listed by INI REALTY $151,900
Listed by INI REALTY

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 33
  • 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: 23,522
  • Total Building Area: 2,282
  • Building Area: 2,282
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,282
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAWN
  • Land Acres: 0000000540
  • Standard Land Use Code: 1006
  • County Land Use Code: 00200
  • Mobile Home Indicator: T
  • Legal Description 1: HIGHLAWN S/D MB2 P49, BLK L LO

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950900

Geography

  • Account Number: 12429
  • Parcel: 11-10-26-3770-0120-0100
  • Block: L
  • Meridian: SEC 11 TWN 10S RNG 26E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.6381
  • Longitude: -81.6743

    Address

  • Full Address: 316 Florida Dr
  • Address - House Number: 316
  • Address - Street Name: Florida
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Palatka
  • Carrier Code: R005
  • 4-Digit Zip Code: 7943
  • Zip Code: 32177

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $166,424

    Appraisal Valuation

  • Standard Deviation: 0.4985
  • Valuation Date: Mar 20, 2024
  • Final Value: 258,438
  • High Value: 387,287
  • Low Value: 129,588

    Market Valuation

  • Market Total Value: $214,440
  • Market Land Value: $15,270
  • Market Improvement Value: $199,170

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $126,650

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 12, 2019
  • Current Sale Recording Date: Jun 13, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201954010541
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:

$279,700

Sale Price/ft²

$189

Below Asking

0.03%

Average Days on Market

75

Average Home Size

1766 ft²

Average Home Age

46.4 years

Currently For Sale

413 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 1906 Roselle Avenue, Palatka, FL, 32177

$2,400 /mo

  • 4 Beds
  • 2 Baths
  • 1,000 ft²
1906 Roselle Avenue, Palatka, FL, 32177 Listing by STEVEN KOLENO

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: JESSICA LOVE, INI REALTY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 986945
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 316 Florida Drive built and last sold?
The property at 316 Florida Drive was built in 2007 and last sold on Jun 12, 2019 for $151,900.
How much is this home worth?
The estimated value of the home located at 316 Florida Drive is $0.
What are some comparable homes to 316 Florida Drive?
There are currently no comparable homes to 316 Florida Drive.
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