104 RIVERSIDE Lane, Palatka, FL, 32177 | $23,500

Are you looking for a vacant lot with no HOA for your new home just in time for the new year? Here it is! Located close to town on a quiet street, this property was cleared & is ready for you to create your happy place.

Please read through the entire description of this incredible opportunity, including the property supplement—you'll be amazed before you finish!

This quarter-acre cleared lot in Palatka, Florida, comes equipped with a well, pump, septic system, and electric pole. It's approximately 1, 000 feet from the river. Previously, there was a double-wide mobile home on this site, but you also have the option to build a new home. Investors might consider adding this parcel to their portfolio. After conducting a thorough research, we have made every effort to present the most accurate and up-to-date information. There are no implied or stated warranties; therefore, written terms and conditions are required to be binding. Buyers and their representatives are responsible for examining and confirming every detail of the subject property, including BUT not limited to; flood zones, airport noise zones, HOA and CDD fees (Community Development District Fees), current and proposed property taxes, special assessments, verify with the local police or sheriff's department to discover neighborhood crimes and crime statistics, sexual offenders/predators and any other matters BUYER deems relevant to the purchase of the Property, consult with school districts, and inquire with neighborhood watch associations about information relevant to them and consider the properties floor- plan functionality. They should also arrange for a survey, municipal lien search, home inspection, and a well and septic system inspection, if applicable. Additionally, the property should be tested for mold, radon gas, carbon monoxide levels, lead-based paint, Defective Drywall, energy efficiency ratings, and a Wood-Destroying Organism (WDO) inspection should be performed - soil percolation test, you should check for environmental contamination or hazardous materials with the EPA. Buyers must thoroughly conduct their due diligence by contacting the planning and zoning departments to determine if the property has recorded permits, is in a historic area, flood zone, landlocked, and whether the property has proper egress and ingress. They should also verify the current and future zoning aligns with their intended use and consult the code compliance division to ensure there are no past or current unpaid code violation fines. It is essential to investigate ALL relevant information that could affect the property's value. We advise potential Buyers and Sellers to verify the property's condition, square footage, and all related facts and representations outlined in a potential contract. Buyers and Sellers should consult appropriate professionals for legal, tax, environmental, and other specialized advice regarding matters affecting the property and the transaction. The Broker clarifies that they do not reside on the property and that all representations made (oral, written, or otherwise) are based on statements from the Seller, either verbally or in writing, or on public records. To the extent permitted by Florida statute, buyers agree that if they pursue this property, they will rely exclusively on the seller's addendums and disclosures, professional inspectors, and governmental agencies to verify the property's condition, square footage, and any facts that materially affect its value, rather than on the broker's representations (oral, written, or otherwise). The sellers are motivated but not desperate. The intended use of the property is not for recreational purposes or long-term camping beyond 180 days while building a new home It is suitable for a mobile home or a newly built house, allowing you to create your dream residence. Currently, access to the property is through neighboring owners' private roads. The property is being sold "AS-IS. " The Property conveys by quitclaim deed and requires legal proceedings for delivering clear title with a warranty deed. Also depending how the contract is negotiated payment of previous code enforcement violations may be the buyers responsibility to negotiate a settlement . The property type is classified as miscellaneous residential type, with the zoning classified as AG and the land use code as 0100residential. Putnam County is located in the northeastern region of Florida, just south of Jacksonville. Whether you're seeking real Florida culture, heritage, recreation, or a peaceful small-town experience, the residents and businesses here warmly welcome visitors. Established in 1849 and named in honor of Benjamin Alexander Putnam, Putnam County sits 30 miles inland from the Atlantic Ocean and is centrally located to many northern and central Florida attractions. The county offers a relaxing atmosphere, quality accommodations, natural attractions, historic sites, and activities that enhance your Florida experience. Interlachen is within a two-hour drive of all major attractions in Central Florida, including international airports and beautiful beaches. South Putnam County features numerous lakes known as prime spots for fishing, where both amateurs and professionals compete in various tournaments. The area is home to a rich ecosystem, ideal for fishing, with abundant bass, bream, catfish, and mullet. This peaceful, wooded 0. 26-acre lot is full of beautiful wildlife and is great for first-time home buyers. The rich soil is perfect for gardening, and you might even find large worms that are great for fishing. The friendly small neighborhood has two churches nearby, and schools and other amenities are just 10 to 12 minutes away. While you enjoy the tranquility of country living, you'll still be close to the city. This wonderful lot is surrounded by water, ensuring privacy from future developments. If you love to fish or take your boat out, there's a nice boat ramp just two minutes down the street. The property is unincorporated and includes power, a well, and septicsufficient for a double-wide trailer or a decent-sized house.

Features

  • Lot Desc: Cleared, Easement Access, Irregular Lot
  • Elem. School: Moseley
  • Middle School: Jenkins
  • High School: Palatka
  • MLS#: 2054544
  • Days on Market: 82 days
  • Website: https://www.raveis.com
    /prop/2054544/104riversidelane_palatka_fl?source=qrflyer
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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104 RIVERSIDE Lane, Palatka, FL, 32177

$23,500

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $18,800 $18,800 $18,800
Term 360 months 360 months 180 months
Initial Interest Rate** 6.875% 6.990% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.191% 7.159% 6.392%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $124 $125 $160
Total Monthly Payment $199 $200 $235

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.