119 ROUND LAKE Road # 1 Palatka, FL ^$ 950,000

119 ROUND LAKE Road # 1

^$ 950,000

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119 ROUND LAKE Road # 1

Palatka, FL, 32177

^$ 950,000

Studio Baths0.0 Sq 5,670

Monthly Estimate*

^$ 6,636

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Studio

Multi-Family Home for sale in Palatka, FL

for $950,000. This 5,670 square foot home was built in 1976 on a lot size of 1.22.

**Prime Investment Opportunity**: Nestled on a spacious 1.22-acre lot, Three duplexes with 2 bedrooms/1 bath presents an enticing prospect for savvy investors seeking to maximize returns. With Three separate units, each unit has 2 units boasting its own living space, kitchen, and bedrooms, this property offers flexibility and potential for rental income or multi-generational living arrangements. Call for your showing.

Multi-Family Active

Price

^$ 950,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 9,686

Style

Duplex

Lot Size

1.22

Year Built

1976

Town/City

Palatka

County/Region

Putnam

MLS | Web ID

2009202

Features

General

Sewer Septic Tank

Heating Central Electric

Cooling Central Air Electric

Utilities Cable Available

Possession Close Of Escrow

Roof Metal

Appliances Electric Range Refrigerator

Pool Features None

Year Built 1976

Tenant Pays Water

View Other

Levels One

Unit Number 1

Property SubType Duplex

Tax Year 2023

Current Use Multi-Family Residential

Gross Income 72000.0

County Putnam

New Construction 0

Property Type Residential Income

HOA / Comm Assn N

Attached Garage N

Subdivision Name Round Lake Park

Garage Y/N N

Status Active

Directions Reid St. to S. Ninth St. to Crill then to Round Lake Rd.

City Palatka

Buyer Agent Compensation 2.00

View Y/N N

Senior Community Y/N N

Zoning Description Multi Family

Total Units 6

MLS Area 561-Greater Palatka

Lot Size Square Feet 53143.2

Waterfront Y/N N

Carport Y/N N

Street Name ROUND LAKE

Listing Terms Cash Conventional

Tax Annual Amount 9686.65

Home Warranty Y/N N

Lease Renewal Y/N N

MLS Area Minor 561-Greater Palatka

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 85

Standard Status Active

Legal Description PT OF SE1/4 OF SW1/4 OR325 P 618

Cash True

Conventional True

Interior

Flooring Carpet Laminate

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Street Suffix Road

Laundry Features In Unit

Electric On Property Y/N N

Total Baths 0

Exterior

Parking Features Assigned Parking Lot

Lot Features Corner Lot

Water Source Public

Lot Size Area 1.22

Number of Buildings 3

Spa N

Lot Size Acres 1.22

Road Surface Type Asphalt

Lot Size Units Acres

Road Frontage Type City Street

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 119

* Excluded Features

List By

Eaz Realty Llc

Broker

eazrealtyllc@gmail.com

Affordability Calculator

$7,443

Per Month

Monthly Principal & Interest: $6,636
Monthly Property Taxes: $807
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Palatka, FL

Average List Price ^$560,000

Percent of Sale Price 41%

About Palatka, FL

10,344 Population

2% Since 2002

^$24,862 Median Income

35.51 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

308105 Elementary School

308138 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/15/2024	$950,000		Listed Price

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119 ROUND LAKE Road # 1, Palatka, FL, 32177 is a Multi-Family Home for sale at $950,000 with 5,670 sqft and a lot size of 1.22. 119 ROUND LAKE Road # 1 is a studio with 0.0 baths and was built in 1976. The property's zip code is 32177 which is in Palatka, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange (IDX) Program of the Northeast Florida Multiple Listing Service, Inc.

The information being provided is for consumers 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 updated as of 5/11/2024.

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119 ROUND LAKE Road # 1

Multi-Family Home for sale in Palatka, FL

Affordability Calculator

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