340 Kay Larkin DrPalatka, FL 32177

Property Details for 340 Kay Larkin Dr

Lot size

4.20 AC

Property type

Commercial land

APN

03-10-26-0000-013.1-011.0

APU

31026000001310110

Description

This 4.2-acre commercial land parcel in Palatka, Florida, presents a unique investment opportunity. Zoned C-2, the property is previously engineered, entitled, and permitted for up to 50,000 square feet of medical office space, making it ideal for developers or end-users seeking expansion in this growing market. Its strategic location less than one mile from HCA Florida Putnam Hospital positions it perfectly to serve the needs of a burgeoning retirement community and the ancillary medical services they require. The site boasts convenient access to all utilities, situated just one mile north of HCA Florida Putnam Hospital and one mile west of St. Johns River State College. Furthermore, its proximity to major northeast Florida points of interest within an hour's drive enhances its appeal. Significant local infrastructure improvements are underway, including a $1 million investment in the Palatka Municipal Airport and future expansion of the Port of Palatka. The area is experiencing substantial growth, fueled by a planned $146 million-plus riverfront entertainment district ten minutes to the east and a new 5,200-acre Bass Pro Shops wilderness and hunting resort to the south. This influx of new residents and businesses creates a strong foundation for future development and significant return on investment. The property's location within Putnam County, Florida, and its zip code is 32177. The address is 340 Kay Larkin Dr, Palatka, FL.

• Alternative Use

  Use

  Valuation

  Residential

  $36,057,684

  Hospitality

  $33,028,642

  Educational

  $27,479,444

  Medical

  $28,424,504

  Retail

  $42,745,800

Location Insight

City

Palatka

County

Putnam

State

Florida

Latitude

29.6517

Longitude

-81.693

CBSA code

37260

CBSA name

PALATKA, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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