Waterfront
Address
252 Saint Johns DRIVE, PALATKA, FL
Price
$ 5,300,000
Property Attributes
  • MLS#V4926381
  • TypeLand
  • CountyPUTNAM
  • CityPALATKA
  • AreaPalatka
  • Zip32177
  • Style
  • Taxes$ 12939
  • Price$ 5,300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size296.78 Acres
Data Source:
Stellar MLS
Property Description

WOW! ALMOST 300 ACRES WITH OVER 1000 FT ON THE BEAUTIFUL SAINT JOHNS RIVER AT ONE OF THE WIDEST POINTS. THE ASSEMBLEGE CONSISTS OF THREE OFFERINGS - OFFERING #1 IS 212.73 ACRES; OFFERING #2 IS 63.45 ACRES AND OFFERING #3 IS 20.6 ACRES. NOT ONLY IS THERE BEAUTIFUL RIVERFRONT, BUT THERE IS A TIDAL CANAL THAT RUNS DOWN PART OF THE PROPERTY THAT PROVIDES ANOTHER GREAT AMENITY. LARGE SECTIONS OF THE PROPERTY ARE CLEARED. THERE IS A TIMBER HARVESTING PERMIT ON THE PROPERTY WHICH KEEPS THE TAXES LOW. THE OWNER OF THE PROPERTY ALSO HAS A PACKAGE PLANT CERTIFICATE FOR WATER AND SEWER. THIS BEAUTIFUL OLD FLORIDA PROPERTY HAS MANY POSSIBILITIES - RIVERFRONT ESTATE OR YOUR OWN PRIVATE HUNTING CAMP OR A DEVELOPMENT FOR HUNDREDS OF HOMES. THE RIVERFRONT PROPERTY HAS AN EXISTING DOCK AND BOATHOUSE SITUATED AT THE MOUTH OF THE CANAL AND A WIDE PLACE ON THE RIVER. INCREDIBLE WATER VIEWS ON THIS WIDE SECTION OF THE ST JOHNS RIVER. THIS LOCATION HAS TREMENDOUS POTENTIAL. THE LOCATION IS APPROXIMATELY 10 MILES NORTH OF HISTORIC DOWNTOWN PALATKA AND ABOUT 18 MILES FROM GREEN COVE SPRINGS AND THE GROWTH AND DEVELOPMENT THAT WILL COME WITH THE NEW FIRST COAST EXPRESSWAY. A NEW WALMART IS A FEW MILES FROM THIS SITE AND THERE ARE OTHER BIG NAME STORES COMING TO THIS AREA. THE OWNERS WILL CONSIDER HOLDING A FIRST MORTGAGE. RARE OPPORTUNITY FOR A GRAND RIVERFRONT DEVELOPMENT.

Price History
8/25/2022 Listed $6,100,000
2/7/2023 5% - $5,800,000
5/12/2023 9% - $5,300,000

General Features

Sewer None
Utilities Electricity Available,Sewer Nearby,Water Nearby
Zoning AGRICULTUR
Tax Year 2021
Current Use Timber
Percent Ownership Fee Simple
Waterfront Features River Front
County Putnam
Property Type Land
Status Active
Directions From W River Rd,East on Bridgeport Rd to right on Saint Johns Dr. Continue to the end of the Rd and locked gate.
City PALATKA
Buyer Agent Compensation 2%
MLS Area 32177 - Palatka
Lot Size Square Feet 12927736
Waterfront Y/N Yes
Street Name Saint Johns
Listing Terms Cash,Conventional,Other
Tax Annual Amount 12939.37
Public Remarks WOW! ALMOST 300 ACRES WITH OVER 1000 FT ON THE BEAUTIFUL SAINT JOHNS RIVER AT ONE OF THE WIDEST POINTS. THE ASSEMBLEGE CONSISTS OF THREE OFFERINGS - OFFERING #1 IS 212.73 ACRES; OFFERING #2 IS 63.45
Virtual Tour https://www.propertypanorama.com/instaview/stellar/V4926381
Days on Market 550
Standard Status Active
Legal Description VARIOUS OFFERING #1 OFFERING#2 OFFERING #3
Water View River
Water Access Type River

Interior Features

Street Suffix DRIVE
Living Area Units Square Feet

Exterior Features

Water Source None
Lot Size Area 296.78
Lot Dimensions Irreg
Lot Size Acres 296.78
Road Surface Type Paved
Lot Size Units Acres
Road Frontage Type County Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 32177

Price
AVG $380K
$5.3M
Taxes
AVG $960
$12,939
Visits
AVG 188
1656
Data Provided by Inside Real Estate®

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