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About This Home

This 0-bedroom, 0-bathroom commercial at 100 PILOTHOUSE Court in Palatka, FL is listed for $2,499,000 ($211 per sqft). Built in 2011, the home offers 11,839 sqft of living space on a 9.08 acres lot.

Agent Description

Turn-Key 7-Building STR Portfolio + 5,500 SF Warehouse | ~7.5% Cap | $187K NOI | Mixed-Use Upside Rare opportunity to acquire a fully operational 7-building, 11-unit income-producing portfolio delivering approximately ~7.5% cap rate and ~$187K blended NOI in Palatka, FL.

This unique offering combines stabilized short-term rentals with long-term income and a 5,500 sq ft commercial-grade warehouse, creating a true multi-income, flexible-use investment. The residential portfolio consists of: 3 single-family homes 1 triplex 2 duplexes (Totaling 11 rentable units and 3,650 rentable nights annually) In addition, the prop

erty includes two stabilized long-term leases generating $5,000/month ($60K annually), providing consistent baseline income. STR operations have historically produced ~$135K NOI, with 2026 bookings already exceeding $80K, demonstrating strong forward demand.

Positioned directly across from St. Johns Ship Building, the asset benefits from a reliable workforce-driven rental base, supporting 55-65% occupancy with upside through rate optimization and expanded marketing. The private, pond-front setting offers a rare, peaceful environment that enhances guest appeal and repeat bookings.

A major differentiator is the 5,500 sq ft commercial warehouse with integrated office space, opening the door to multiple high-value uses, including: Owner/operator headquarters Equipment or fleet storage Income-producing commercial lease Medical, wellness, or therapy facility conversion Assisted living / elder care concept (subject to zoning/appro

vals) This combination of residential income + commercial infrastructure provides both immediate cash flow and long-term repositioning potential. Market Tailwinds - Putnam County Growth: Putnam County continues to gain momentum as buyers and businesses expand outward from Jacksonville and St.

Augustine, driven by affordability and growth initiatives supported by the Putnam County Chamber of Commerce and regional employers. Ongoing development and workforce demand in the area continue to support both rental performance and future value appreciation.

Key Features

  • Built in 2011
  • 9.08 acre lot

Property Details

1 story
2011

Amenities

A/C

Monthly Cost Estimate

$13,365/mo

20% down · 6.5% · 30 years

Principal$1,807
Interest$10,829
Insurance$729

Estimates only. Actual payments may vary.

Location

100 PILOTHOUSE Court

Palatka, FL 32177

Property Details

Flooring

LaminateTile

Parking

DrivewayAssigned

Heating

Central

Cooling

Central AirCeiling Fan(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 100 PILOTHOUSE Court is listed at $2,499,000 ($211/sqft). The estimated monthly payment is $10,829 based on 20% down at 6.5% interest.

Key features include: Built in 2011, 9.08 acre lot.

This property is listed by KURT BOGART and can be reached at 9049470040 or kurt@endlesssummerrealty.com.

KB

KURT BOGART

Agent at ENDLESS SUMMER REALTY

(904) 947-0040

Listed by ENDLESS SUMMER REALTY

MLS# 2139917· Source: listhub· Updated 48 days ago

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100 PILOTHOUSE Court, Palatka, FL 32177

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