$219,800

210 S 15TH STREET, Palatka, FL 32177

  • 4 beds |
  • 2 baths |
  • 1,409 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1952
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $156/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

TRIPLE-THREAT INVESTMENT: A Renovated Cash Flow Machine with Unmatched Upside This isn't just a property; it's a strategic investment with multiple streams of proven and potential income. Located in a prime Palatka neighborhood, this meticulously renovated 4-bedroom, 2-bathroom home is a genuine cash flow powerhouse, currently generating a stable $1,950 in monthly rental income. It’s a true turnkey asset, delivering immediate returns from day one. The appeal goes far beyond its current performance. This property offers two unique and valuable paths to increased revenue: Flexible Unit Conversion: The home's intelligent layout is designed for a seamless and cost-effective conversion into two separate 2-bedroom, 1-bathroom units, each with its own private kitchen. This transformation would unlock a significantly higher rental return, appealing to a wider tenant pool and maximizing your return on investment. Backyard DADU Potential: The expansive backyard presents a rare opportunity to build a Detached Accessory Dwelling Unit (DADU). This third income stream would provide a private, standalone rental unit, tapping into a growing market and dramatically increasing the property's overall value and passive income. A complete, high-impact renovation in 2025 ensures all major systems are new and worry-free. Updates include new plumbing, electrical, and HVAC, complemented by a modern kitchen, sleek bathrooms, and new flooring throughout. These high-end finishes not only support strong rental demand but also secure the asset's long-term appreciation. Recently appraised with excellent market value, this is a rare "triple-threat" opportunity for any investor seeking a high-performing, low-maintenance asset with built-in potential for exponential income growth. Secure your next high-value investment today!

Listing Status:
Active
Date Added:
September 25, 2025 at 05:00AM
Listing Office:
AGENT TRUST REALTY CORPORATION : 407-251-0669
Listing Agent:
Jose Villafana : 407-705-8014
MLS ID:
O6347110
  • General: Eat-in Kitchen
  • Appliances: CooktopRefrigerator
  • Laundry: Other
  • Flooring: Vinyl
  • A/C: Central Air
  • Heating: Central
  • General: Other
  • Roofing: Metal
  • General: StuccoOneOther
  • Road/Access: Asphalt
  • Originating MLS: mfrmls
  • County: Putnam
  • Zoning: R-3PALATKA HILLCREST MB2 P42 BLK 297 LOT 742-10-27-6850-2970-0070
  • Utilities: Electricity AvailablePublic
  • Water: Public
  • Sewer: Public Sewer
  • Source: mfrmls
  • Ownership: Fee Simple

This listing courtesy of Jose Villafana, AGENT TRUST REALTY CORPORATION

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

C. L. Overturf Jr. Sixth Grade Center

1100 S 18th St, Palatka, FL, 32177

Grades 6-6

0.52 miles away

R

Robert H. Jenkins Jr. Middle School

1100 N 19th St, Palatka, FL, 32177

Grades 7-8

0.90 miles away

P

Putnam Edge High School

200 S 7th St, Palatka, FL, 32177

Grades 9-12

0.54 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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