For SaleExcellent Deal30 days on market
221 S 4th St
221 S 4th St, Palatka, FL 32177, Palatka, FL 32177
$229,000
Listing Price
221 S 4th St, Palatka, FL 32177
Loc: Palatka, FL
Days Listed
30
Tax Assessed
$168k
Lot Size
9,670 sqft
Rent Estimate
$2,318/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
3
William D. Moseley Elementary School
K-6
1.4 mi away
3
Palatka High School
7-12
2.2 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
colonial revivaltwo-storywrap-around porchbalconywood sidingstone foundationhistoricgabled roofdouble-hung windowscolumned porchtraditionalresidential
Haven AI Verdict
Recommendation
Excellent
Confidence Score: 8/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
7.85%
Total ROI
129.4%
Cash Flow
$309/mo
DSCR
1.26
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $309/mo net cash flow with a 7.8% cap rate. Underwriting indicates excellent fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (7.8%)
- • Strong rental demand in Palatka
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-24 | Listed for sale | $229,000 | $74 |
| 2025-04-13 | Listing removed | $0 | – |
| 2025-01-13 | Listed for sale | $289,000 | $94 |
| 2024-12-06 | Listing removed | $309,500 | $101 |
| 2024-11-20 | Price change | $319,500 | $104 |
| 2024-10-25 | Price change | $329,500 | $107 |
| 2024-10-22 | Price change | $339,500 | $110 |
| 2024-10-09 | Listed for sale | $349,500 | $114 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $3,484.73 | $168,410 |
| 2023 | $3,260.9 | $166,010 |
| 2022 | $2,917.85 | $149,310 |
| 2021 | $2,692.71 | $128,450 |
| 2020 | $2,484.76 | $103,850 |
| 2018 | $2,203.91 | $88,500 |
| 2017 | $2,504.86 | $81,510 |
| 2016 | $2,372.66 | $74,960 |
| 2015 | $2,186.81 | $73,977 |
| 2014 | $2,194.07 | $75,368 |
| 2013 | $0 | $75,772 |
| 2012 | $0 | $76,680 |
| 2011 | $0 | $82,729 |
| 2010 | $0 | $83,528 |
| 2009 | $0 | $92,592 |
| 2008 | $0 | $95,629 |
| 2007 | $0 | $95,629 |
| 2005 | $0 | $46,963 |
| 2004 | $0 | $45,595 |
| 2003 | $0 | $44,745 |
| 2002 | $0 | $43,696 |
| 2001 | $0 | $43,008 |
| 2000 | $0 | $41,755 |
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