3833-3835 Reid Street

Palatka, FL 32177

$1,100,000
Price
—
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
an aerial view of residential house with outdoor space and swimming pool
a view of a garden
a view of swimming pool with garden
a view of a swimming pool with a yard
a front view of a house with garden
a view of a house with pool and large windows
a view of a backyard of house
a front view of a house with a yard and garage
a view of a house with a yard
a view of a back yard with flower plants and large trees
a front view of a house with garden
a front view of a house with a yard and trees
a house that has a tree in front of it
a front view of house with yard and trees in the background
a front view of a house with garden
a view of a car park in front of a building
a front view of a house with garden
a front view of house with yard
a front view of a house with garden
a house view with a garden space
a front view of a house with a yard
a view of a house with a backyard
a front view of house with yard and seating area
a front view of a house with a yard
a front view of a house with a garden
a view of a backyard
a view of a house with a yard and large tree
a view of house with outdoor space and swimming pool
a front view of a house with a garden and porch
a front view of a house with garden
a backyard of a house with table and chairs
a backyard of a house with yard and outdoor seating
a front view of a house with a yard
a house view with a garden space
a view of a chair and table in backyard of the house
a backyard of a house with table and chairs under an umbrella
a backyard of a house with fountain and barbeque oven
an aerial view of residential houses with outdoor space and swimming pool
an aerial view of a house with a garden and lake view
an aerial view of residential houses with outdoor space and lake view
an aerial view of a houses with a lake
a view of a city with a lake
a view of lake with green space
a aerial view of a house with a yard basket ball court and outdoor seating
an aerial view of residential houses with outdoor space and swimming pool
a view of a city with tall buildings
an aerial view of residential houses with outdoor space and swimming pool
a view of a city with mountains in the background
an aerial view of residential houses with outdoor space and river
a view of swimming pool with a yard

Description

Introducing a unique investment opportunity in the rapidly expanding commercial corridor near State Road 100 and State Road 19 – a prime 3.42-acre property that offers a blend of multifamily residential income and commercial development potential. Key Highlights: Current Use & Income: This property includes 3 single-family homes and 4 duplexes, generating $123,000 in gross rental income from 11 fully-occupied units. 8.53% Cap Rate. Zoning Flexibility: Zoned Commercial (C2), this property is ideal...Introducing a unique investment opportunity in the rapidly expanding commercial corridor near State Road 100 and State Road 19 – a prime 3.42-acre property that offers a blend of multifamily residential income and commercial development potential. Key Highlights: Current Use & Income: This property includes 3 single-family homes and 4 duplexes, generating $123,000 in gross rental income from 11 fully-occupied units. 8.53% Cap Rate. Zoning Flexibility: Zoned Commercial (C2), this property is ideal for a wide range of business uses, including a medical facility, hotel, or other high-demand commercial ventures. Benefit from existing rental income while planning for future development.
  1. Listed by Lise Murphy • Berkshire Hathaway Homeservices Florida Network Realty

Property Details for 3833-3835 Reid Street

Subdivision/Condo
Palatka
Zoning
C-2 C
LISTING UPDATED: 10/31/2024 03:02 PM

Property Details for 3833-3835 Reid Street

StatusActive
MLS #244653
Days on Market80
Taxes$11,826 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMultifamily / Apartments (5+ Units)
Year Built1954
Lot Size-
CountyPutnam County

Building Information for 3833-3835 Reid Street

Stories-Residences11Year Built1954Building Size-Lot Size-

Property Information for 3833-3835 Reid Street

Summary
Location and General Information
  • Area: 21 - Putnam County
  • Geo Quality: 1
  • Geo Zoom Level: 18
Taxes and HOA Information
  • CDD: No
  • Lvt Date: 09-29-2024
  • Tax Year: 2023
Property
Lot Information
  • Lot Size: 3.42 acres
  • Parcel Id: 02-10-26-0000-0390-0000
Property and Assessments
  • Legal Description: PT OF SE 1/4 OF NW 1/4 BK 188, P 73 and PT OF E1/2 OF NW1/4 BK193 P390
Multi-Unit Information
Multi-Unit Information
  • Gross Annual Income: $113,000
  • Units: 11
Unit 1 Information
  • Unit 1 Features: See docs for all 11 unit info
Rent Information
Lease/Rent Information
  • Directions: From downtown Palatka, head west on Reid Street (State Road 100), passing the intersection with State Road 19. Continue straight, and you'll find 3833-3835 Reid Street conveniently located on the left, just beyond Lowe's.

Property History for 3833-3835 Reid Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 3833-3835 Reid Street

This home is within Putnam.
Rating
School
Type
Grades
Distance
Kelley Smith Elementary School
Public - K to 6
Palatka High School
Public - 7 to 12
Mellon Elementary School
Public - PK to 5
Putnam Academy Of Arts And Sciences
Charter - 6 to 8
Rating
School
Distance
Kelley Smith Elementary School
PublicK to 6

Palatka High School
Public7 to 12

Mellon Elementary School
PublicPK to 5

Putnam Academy Of Arts And Sciences
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near 32177

Neighborhoods

Cities

ZIPs

More information about 3833-3835 Reid Street, Palatka, FL 32177

3833-3835 Reid Street is a multi-family home for sale in Palatka, FL 32177. This property was listed for sale on September 29, 2024 by Berkshire Hathaway Homeservices Florida Network Realty, it's currently listed at $1,100,000. This listing's school district is Putnam. Nearby schools include Kelley Smith Elementary School, Palatka High School and Mellon Elementary School. 3833-3835 Reid Street is a 0-bed, 0-bath, multi-family home built in 1954.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway Homeservices Florida Network Realty

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.