Putnam
325 REDWOOD Boulevard
$9,500
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Land -
Off Market
325 REDWOOD Boulevard
Georgetown, FL 32139
Studio
0 Bath
$9,573
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model
About This Property
BEAUTIFUL LOW PRICE BUILDING LOT FOR SALE! OPPORTUNITY IS
KNOCKING! BUILD YOUR NEW HOME IN THE COUNTRY! R-2
ZONING OFFERS MODULAR TYPE HOME OR STICK BUILT HOME CONSTRUCTION.
PARADISE LAKES IS PART OF BEAUTIFUL RURAL GEORGETOWN COVE
SUBDIVISION. THIS BUILDING LOT IS APPROVED.
BUILD YOUR HOME IN THE SHADE OF THE TREES. HOMEOWNERS
ASSOCIATION YEARLY FEE IS ONLY $45/YEAR. THIS SMALL YEARLY
FEE IS FOR MAINTAINING ROADS AND THE BEAUTIFUL PRIVATE FACILITIES
ON THE LAKE. ENJOY THIS PRIVATE COMMUNITY PARK FOR LAND
OWNERS ON BIG LAKE GEORGE; GO CAMPING, BOATING. ENJOY
FISHING OFF THE LONG BOARDWALK IN THE LAKE!
GEORGETOWN MARINA IS ABOUT A MILE AWAY. INVEST IN YOUR FUTURE! CALL NOW!
GEORGETOWN MARINA IS ABOUT A MILE AWAY. INVEST IN YOUR FUTURE! CALL NOW!
Unit Size
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Days on Market
66 days
Land Size
0.23 acres
Price per sqft
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Property Type
Land
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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 #1218849)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 2, 2025 | Listed | $13,990 | |
| Listed | |||
| | |||
|
Incredible opportunity in Georgetown, Florida! Available now! Zoned residential CLEARED lot that offers an ideal setting to build your dream home. The community provides fantastic amenities, including a well-maintained boat ramp, a scenic dock, and a charming pavilion with grills and RV slots. Located outside of flood zones, this lot offers added security for future development. Just moments from Lake George and the St. Johns River, you’ll enjoy endless fishing, boating, and the peaceful charm of lakeside living. Don’t miss out on this exceptional property!
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| Oct 28, 2024 | No longer available | - | |
| No longer available | |||
| Apr 27, 2024 | Listed by DUCK REALTY INC | $15,000 | |
| Listed by DUCK REALTY INC | |||
| | |||
|
A RARE find! Cleared, root raked property, with survey! Just waiting for you to make it YOUR home, in the Growing community of Georgetown cove. Minutes to Lake George and public boat ramp. Lake George via St Johns River will take you to the Atlantic Ocean. The nominal HOA of $45 per year gives you access to the community's lake, dock and picnic area. It is the private life yet close to St Augustine, Gainesville, and Jacksonville. Enjoy the nightlife and food at Renegades, and other restaurants in the area. Build your home or put a mobile, or modular home on this wonderful property!
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| Jun 15, 2023 | Sold | ||
| Sold | |||
| Mar 25, 2023 | Listed by CENTURY 21 TRITON REALTY | $9,499 | |
| Listed by CENTURY 21 TRITON REALTY | |||
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: ROBERT F FOLLANSBEE, CENTURY 21 TRITON REALTY
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1218849
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: 2 years ago
Data Source: Real MLS, MLS# 1218849
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