511 ST JOHNS Avenue, Palatka, FL 32177

$1,500,000

511 ST JOHNS Avenue
Palatka, FL 32177
MLS# 1202852
Status: Closed

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Property Description
Endless possibilities with great exposure in downtown Palatka. This two story building with steel & masonry frame construction was previously used as a banking facility, but in 2014 was partially remodeled for daycare/nursery. First floor has 12,536 +/- sqft & second floor has 4,385 +/- sqft. Second floor is accessible by two interior staircases & one elevator. There is also an additional detached building (previously a drive-thru) with 392 +/- sqft. Building has an interior fire suppression system. Ample paved offstreet parking. Irregularly shaped parcel with frontage along three roadways. Located near the Putnam County Courthouse & the beautiful St. Johns River. Zoning allows potential for commercial downstairs & residential upstairs.

Details

Maps

Documents

Contract Information

Current Price: $1,500,000

Sold Price: $1,500,000

Status: Closed

Listing Contract Date: 2022-12-02

Property Sub Type: Mixed Use

Location Tax and Legal

Street Number: 511

Street Name: ST JOHNS

Street Suffix: Avenue

County: Putnam

State: FL

Postal Code: 32177

MLS Area Major: 561-Greater Palatka

General Property Information

Building Area Total: 17313

Building Area Source: Public Records

Year Built: 1971

Lot Size Acres: 1.58

Water Body Access YN: No

Waterfront YN: No

Stories Total: 2

Directions: East on Crill Ave, follow to right on St. Johns Ave, property on SE corner of St. Johns Ave & S. 6th St (former First Federal building).

Public Remarks: Endless possibilities with great exposure in downtown Palatka. This two story building with steel & masonry frame construction was previously used as a banking facility, but in 2014 was partially remodeled for daycare/nursery. First floor has 12,536 +/- sqft & second floor has 4,385 +/- sqft. Second floor is accessible by two interior staircases & one elevator. There is also an additional detached building (previously a drive-thru) with 392 +/- sqft. Building has an interior fire suppression system. Ample paved offstreet parking. Irregularly shaped parcel with frontage along three roadways. Located near the Putnam County Courthouse & the beautiful St. Johns River. Zoning allows potential for commercial downstairs & residential upstairs.

List Price/SqFt: 98.19

Sold Price/SqFt: 86.64

Status Change Information

Major Change Timestamp: 2025-02-15T00:25:05Z

Major Change Type: Status Change

Purchase Contract Date: 2025-01-13

Close Date: 2025-02-13

Close Price: 1500000

Historical Information

Public Historical Remarks 1: Road Surface: Asphalt Road, Lot Location-Downtown: Y, Structure-Slab-on-Grade: Y, Lot Location-Free Standing: Y, Approx. Total SqFt: 17313.00

Public Historical Remarks 2: Number of Buildings: 2 Buildings

Public Historical Remarks 3: Current Zoning: DB

Property Features

Building Features: Elevator

Construction Materials: Brick Veneer; Concrete

Current Use: Commercial; Office; Retail

Heating: Central

Lot Features: Corner Lot; Irregular Lot

Parking Features: Other

Sale Includes: Building & Land

Sewer: Public Sewer

Water Source: Public