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1323 Oak St, Palatka, FL 32177
1323, Oak Street, Palatka, Putnam County, Florida, 32177, United States
$79,990 - Single Family
952 sqft 2 Bedrooms 2 Bathrooms 1920 Year Built

Additional Details

  • Contact: Ethan Creo (954) 779-5965- ecreo@propertyforce.com
  • Potential ARV: $150,000 - $170,000
  • Estimated Rehab: $10,000 - $40,000
  • Rehab Description: For a rental, minimal rehab is needed. Deep clean, apply fresh interior paint, and repair/replace some trim/fixtures. For a flip, this property will need a full cosmetic rehab. Update the kitchen, bathrooms, and flooring throughout. HVAC, electrical and plumbing appear to be in good working order. Metal roof is dated and shows no apparent visual evidence of leaking but may need to be replaced. Pressure wash the exterior and do some landscaping to boost curb appeal.
  • Features: Charming home on a corner lot in Palatka! This 2 bedroom, 2 bathroom home features 952 sqft of living area. Property sits on a spacious 0.16-acre corner lot minutes from the historic district, hospital, and other commercial points of interest and only a short 35-minute drive to the beach. Currently rented month-to-month for $750/mo. Keep this as an easy cash-flowing rental or do a textbook flip with healthy margins!
  • Ideal Investment Strategy: Rental/Resale
  • Important Details: -->Rented M2M @ $750/mo.
  • Comparable Rent: $1,000
  • Construction: Frame
  • Comp 1: 1605 ROSELLE AVE, PALATKA, FL 32177 (3/1, 976 sqft) SOLD $183k in NOVEMBER 2022 (1955 build, cbs, updated, carport)
  • Comp 2: 517 S 17TH ST, PALATKA, FL 32177 (2/1, 992 sqft) Sold for $225k in DECEMBER 2022 (1946 build, frame, updated, 1-car garage)
  • Comp 3: 2106 CARR ST, PALATKA, FL 32177 (3/1, 1056 sqft) PENDING $230k in JANUARY 2023 (1951 build, cbs, updated, 1-car garage)
  • Hard Money: Pre-Approved by OPS Loans for up to 60% LTV – See OPS Loans Tab
Property Location