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252 St Johns Drive, Palatka, FL 32177

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For Sale

$5,300,000

296.78 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 296.8 acres
    Lot size

Explore this Property

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.
MLS# 1100678

Courtesy Of The Barnett Group, Inc.

(386) 426-7234

Property Features

  • Amenities
    Water Front
  • Architecture Style
    Other
  • Lot Size
    296.78 Acres
  • View Type
    River

Map and Directions

Directions to 252 St Johns Drive, Palatka, FL 32177

Home seller CENTURY 21 Lighthouse Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Lighthouse Realty

(904) 562-5652
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† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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