Multi-Family
Duplex

Portfolio of 2 Assets For Sale, Multifamily Portfolio in Palatka FL

3833 Reid Street and 3835 Reid Street,  Palatka, Florida 32177

For Sale

$799,000

About 3833 Reid Street and 3835 Reid Street

Located on 3+ acres with Putnam County C-2 zoning: 3833 Reid St. - Multi-Family 1,270 SF 3835 Reid St. - Multi-Family 14,790 SF • Three single-family homes & four duplexes. • Eleven (11) rentable units. • Potential for future redevelopment. • Active location near the corner of State Road 19. • Nearby businesses include Lowes, Putnam Lanes, Holiday Inn Express, Dollar General, Golden Corral, Sonny’s and Zaxby’s.
C
Existing
1954
1
16,060 SqFt
16,060 SqFt
3 Acres
16,060
Deltona/Daytona Beach
02-10-26-0000-0430-0000, 02-10-26-0000-0390-0000
Attractive cap rate of 7.1%
Fully occupied with month-to-month tenants
Over three acres on Reid St with redevelopment potential
Centrally located within an hour of Jacksonville, Daytona Beach and St Augustine
Attachments & Links
Portfolio_Palatka_C_2_Zoning.pdf
live map

Tim Carroll

Sales Associate

Watson Commercial Realty

4685 Sunbeam Rd
Suite 4
 Jacksonville, Florida 32257

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