Florida Dreams Properties Inc
Florida Dreams Properties IncPhone: (386) 675-0888

314 Emmett Street, Palatka, FL 32177 is now new to the market!

by Florida Dreams Properties Inc 05/03/2024

314 Emmett Street, Palatka, FL 32177
Single FamilyPending
$165,000
314 Emmett Street
Palatka, FL 32177
Listed by: Florida Dreams Properties Inc, (386) 225-0927
MLS: Stellar MLS
4Beds
4Baths
3,176Sq Ft
Est. Mortgage
$952/mo

Under contract-accepting backup offers. if walls could talk! If you ever dreamed to restore a historical building, here is your chance. This property is almost 100 years old and presents an attractive opportunity for investors or historical preservation enthusiasts. It is a colonial-style architecture home located in the South Historical District of Palatka, just a block away from St. Johns River, public ramp, Riverfront park and thriving downtown with its art galleries, cafes, restaurants and antic shops. Downtown has been going through the major renewing process and all the historical part is booming with most of the old homes going through the restoration. The house has a total area of 3,176 square feet, with a 1,588 square foot base floor, a 1,588 square foot second floor, and a 740 square foot open porch, sits high above street level with huge balconies overlooking green historical street. The property used to be a quadplex, with four individual units. Each unit features 1 bedroom, 1 living room, 1 kitchen, 1 bathroom, and 1 fireplace. However, it's important to note that due to the recent rezoning of the historical downtown of Palatka this property among with the others was rezoned as a single-family home. This means that the quadplex configuration would need to be modified to comply with the city's regulations. One of the units on the second floor is isolated from the rest with the separate entrance, which offers the potential to convert it into a mother-in-law suite—a separate living space that could be used for accommodating extended family members or guests or even little B&B. The property located in a great location, just minutes away from the Riverfront Park, St. Johns River, and Palatka City Dock and Boat Ramp. This proximity to the river and recreational areas can be appealing to those who enjoy outdoor activities and water-based adventures and a city life. This historical home is waiting for its turn to be restored to its original glory. All the information is taken from the public records. Buyers are responsible for their own due diligence.

Learn more about this property