106 E WARREN AVE, East Palatka, FL 32131
106 E WARREN AVE, East Palatka, FL 32131
106 E WARREN AVE, East Palatka, FL 32131
106 E WARREN AVE, East Palatka, FL 32131
106 E WARREN AVE, East Palatka, FL 32131
106 E WARREN AVE, East Palatka, FL 32131
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Josh Ortagus

Josh Ortagus

+1(904) 742-1432
$ 1,450,000
Est. payment | /mo

13,576 SqFt

Save
$ 1,450,000
Est. payment | /mo
Save

13,576 SqFt

Key Details

Property Type Multi-Family, Multi Unit, Duplex/Multi Unit Lot

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 13,576 sqft

Price per Sqft $106

Subdivision Port Buena Vista

MLS Listing ID 2166569

HOA Y/N No

Year Built 1986

Annual Tax Amount $17,000

Lot Size 19.790 Acres

Acres 19.79

Property Sub-Type Multi Family

Source realMLS (Northeast Florida Multiple Listing Service)

Property Description

Turnkey Investment Portfolio with Exceptional Expansion Potential High-Yield Income + Unlocked Growth near the St. Johns River An incredible opportunity for institutional investors, syndicates, or seasoned portfolio buyers. This highly versatile, cash-flowing real estate portfolio offers immediate, diversified income streams alongside substantial future development potential in a strategic Florida commuting corridor. Situated just steps from the St. Johns River and minutes from SR-207, this portfolio offers seamless access to both Palatka and St. Augustine. Portfolio Highlights: 13 Residential Units: Fully established, income-producing residential inventory delivering reliable, immediate cash flow. 6 Rented Lot Leases: Active land leases currently generating passive income with tenant-owned homes in place—offering low-maintenance return on investment. 5 Pad-Ready Lots: Pad-ready residential lots prepared for immediate home placement to quickly boost gross revenue. 11.9+ Acres of Additional Land: Prime contiguous acreage offering massive upside for future expansion, community development, storage facilities, or high-density residential build-out. Key Infrastructure & Location Advantages: Municipal Utilities: Essential infrastructure is already in place with reliable county water and sewer service across the property, significantly reducing future development costs. Commuter-Friendly Location: Direct, convenient access to SR-207 makes for an easy commute to St. Augustine, Palatka, and surrounding employment hubs. Lifestyle Appeal: Located just steps from the scenic St. Johns River, offering exceptional tenant retention driven by proximity to boating, fishing, and outdoor recreation. Whether you choose to hold and collect stable passive cash flow, develop the pad-ready lots, or execute a master plan for the 11.9 additional acres, this portfolio presents a rare combination of immediate yield and massive equity upside.

Location

State FL

County Putnam

Community Port Buena Vista

Area 564-East Palatka/San Mateo/N Satsuma/Orange Mills

Direction From Palatka head South on HWY 17, Turn Left on SR207, Left on CR207-A, Right on Federal Point Rd., Left on Dancy Ave., Right on Huertas St., Right on S. Geraldo Rd., Right on E Warren Ave.

Interior

Heating Central

Cooling Central Air

Exterior

Parking Features Carport, Off Street

Carport Spaces 1

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Waterfront Description Pond

Garage No

Private Pool No

Building

Lot Description Irregular Lot

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 48-09-27-1010-0010-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by TIMBER TO TIDES REALTY LLC • ANDREW REED MATHEWS

NEARBY SCHOOLS & PROPERTIES

Josh Ortagus

"People Before Property"

 

+1(904) 742-1432

josh.ortagus@roundtablerealty.com

1637 Race Track Rd suite 100, Johns, Florida 32259

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