For SaleRisky Deal13 days on market
424 CEDAR CREEK Road
424 CEDAR CREEK Road, Palatka, FL 32177, Palatka, FL 32177
$899,000
Listing Price
424 CEDAR CREEK Road, Palatka, FL 32177
Loc: Palatka, FL
Days Listed
13
Tax Assessed
$730k
Lot Size
1.26 acres
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.
6
James A. Long Elementary School
K-6
9.8 mi away
3
Palatka High School
7-12
11.4 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
waterfrontlakefrontoutdoor hot tubcovered porchscenic viewslarge backyardprivate docksunset viewsserenerelaxingcoastalresort-styleoutdoor livingnature-focused
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.00%
Total ROI
89.2%
Cash Flow
$-173/mo
DSCR
0.96
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-173/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • 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 |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $899,000 | $387 |
| 2019-11-27 | Sold | $178,500 | $77 |
| 2019-08-27 | Pending sale | $199,200 | $86 |
| 2019-07-22 | Price change | $199,200 | $86 |
| 2019-05-29 | Price change | $199,600 | $86 |
| 2019-04-18 | Listed for sale | $199,900 | $86 |
| 2019-02-08 | Listing removed | $219,900 | $95 |
| 2018-11-26 | Price change | $219,900 | $95 |
| 2018-09-28 | Price change | $229,900 | $99 |
| 2018-09-06 | Price change | $233,000 | $100 |
| 2018-08-12 | Listed for sale | $235,000 | $101 |
| 2017-10-17 | Listing removed | $1,100 | – |
| 2017-09-28 | Listed for rent | $1,100 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $9,067.25 | $730,080 |
| 2023 | $9,160.17 | $689,770 |
| 2022 | $8,680.78 | $598,260 |
| 2021 | $2,769.15 | $168,760 |
| 2020 | $2,818.7 | $167,730 |
| 2018 | $3,833.42 | $204,750 |
| 2017 | $0 | $202,130 |
| 2016 | $0 | $175,560 |
| 2015 | $0 | $175,853 |
| 2014 | $814.28 | $157,530 |
| 2013 | $0 | $157,203 |
| 2012 | $0 | $156,926 |
| 2011 | $0 | $182,566 |
| 2010 | $0 | $222,067 |
| 2009 | $0 | $256,431 |
| 2008 | $0 | $65,767 |
| 2007 | $0 | $63,851 |
| 2005 | $0 | $60,480 |
| 2004 | $0 | $58,718 |
| 2003 | $0 | $57,623 |
| 2002 | $0 | $56,272 |
| 2001 | $0 | $55,386 |
| 2000 | $0 | $53,773 |
Similar Properties Nearby
Explore other investment opportunities in Palatka.