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About this home
709 NW Palm Dr is a 1957-built home in Gwen Lake Estates Sub, Lake City. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,928 square feet of living space. Listed at $159,950 (about $83/sqft), 14 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Enjoy the best of both worlds in Lake City's Gwen Lake Estates! Situated on over a third of an acre, the original footprint of the home was constructed in 1957. It still retains much its 1950s charm with real wood floors, retro blue bathroom tile, and built-in display shelves. A new wing was built onto the home in 2006, nearly doubling the livable space and bringing the total to nearly 2,000 square feet. This addition made space for a luxurious primary suite, laundry/utility room, and additional living area, creating a flexible and spacious floorplan for the whole family to enjoy. The screened porch at the back of the home overlooks the cleared fenced yard with a wood deck, an above-ground pool, and plenty of space for additional improvements. Located in the heart of Lake City, only a 5-minute drive from the historic downtown district and less than 10 minutes to I-75 at either US 90 or SR 47. Don't miss this opportunity to make key improvements to an already fantastic offering!
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The essentials
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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.
Price history
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Sample: 46 closed home sales in Lake City over the last 8 months, Stellar MLS. Widened past this ZIP to get a usable sample. A starting point, not a guarantee.
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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.
Quick answers.
Price
$159,950
$83 per sq ft
Beds and baths
3 beds, 2 baths
Size
1,928 sq ft
Time on market
14 days
Year built
1957
Monthly payment
About $1,261/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,165 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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