252 St Johns DrPalatka, FL 32177

This exceptional 12,927,736.8 square foot property in Palatka, Florida, presents a rare opportunity for significant development. Located at 252 St Johns Drive, this almost 300-acre assemblage comprises three parcels totaling approximately 296.78 acres, boasting over 1000 feet of frontage on the St. Johns River at one of its widest points. A tidal canal further enhances the property's unique features. Large portions of the land are cleared, and a current timber harvesting permit contributes to low property taxes. The property also benefits from a package plant certificate for water and sewer, simplifying development plans. Existing infrastructure includes a dock and boathouse situated at the canal's mouth. The location offers incredible water views and is strategically positioned approximately 10 miles north of historic downtown Palatka and about 18 miles from Green Cove Springs, benefiting from the anticipated growth spurred by the new First Coast Expressway. Nearby amenities include a Walmart and other major retailers. The seller will consider holding a first mortgage, making this a compelling investment for large-scale riverfront development, a private estate, or a hunting preserve. This unique property offers tremendous potential for a variety of uses. The property's location in Putnam County, Florida, zip code 32177, provides easy access to major roadways and nearby urban centers.