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About this home
162 S Us Highway 17 is a home East Palatka. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
MOTIVATED SELLER – CASH OFFERS WITH A QUICK CLOSE ENCOURAGED! Prime commercial development opportunity along highly visible US Highway 17 in East Palatka. This approximately 0.50-acre C-2 zoned parcel is strategically positioned at the entrance to Eastgate Square, offering outstanding exposure and access in an established commercial corridor. The property benefits from the traffic and draw of neighboring businesses, with Hitchcock’s Supermarket anchoring Eastgate Square and McDonald’s directly across US-17. Taco Bell, Popeyes, Family Dollar and other national and local businesses are also nearby, creating a strong commercial environment for a new business or investment. C-2 zoning provides flexibility for a variety of potential commercial uses, including retail, professional office, service-oriented businesses, café or other commercial concepts, subject to applicable development and permitting requirements. An existing easement agreement with Eastgate Square provides for ingress and egress as well as access related to the water well, sewer, retention/drainage and certain shared improvements, with applicable prorated maintenance obligations. See easement agreement for complete terms. With approximately 166 feet by 122 feet, prominent positioning along the US-17 corridor, established surrounding businesses and excellent visibility, this property offers an opportunity to secure a well-located commercial site in East Palatka. Seller is motivated and especially interested in cash offers that can accommodate a quick closing. Bring an offer!
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
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Price
$259,900
Time on market
355 days
Monthly payment
About $1,658/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,081 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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