Discover an incredible opportunity in the heart of Palatka, Florida. This centrally located property boasts high visibility and a substantial traffic count, making it an ideal spot for retail or office use. With 1.2 acres, it features a spacious retail/office area with a large working/storage area. As an added bonus there is a charming 3 bed 2 bath house, perfect for owners, employees or could be used as a rental. This dual use property is an exceptional find for entrepreneurs looking to capitalize on the expanding interest being given to the Palatka area. Palatka is experiencing significant growth, with new businesses and developments transforming the landscape. Putnam County is well known for the outdoor activities it offers.
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Current Use
Commercial, Investment, Office, Residential, Retail, Single Family, Other
Construction
Frame, Vinyl Siding, Wood Siding
Utilities
Cable Connected, Other
Lot Description:
Split Possible
111 N PALM Avenue, Palatka, FL, 32177
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
