For SaleExcellent Deal109 days on market
705 OLIVE Street
705 OLIVE Street, Palatka, FL 32177, Palatka, FL 32177
$35,000
Listing Price
705 OLIVE Street, Palatka, FL 32177
Loc: Palatka, FL
Days Listed
109
Tax Assessed
$19k
Lot Size
1,742 sqft
Rent Estimate
$1,153/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
5
Kelley Smith Elementary School
K-6
4.5 mi away
3
Palatka High School
7-12
2.1 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
Single Family Residence1950OtherOther1,742 sqft109 Days$58
Haven AI Verdict
Recommendation
Excellent
Confidence Score: 10/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
24.76%
Total ROI
497.1%
Cash Flow
$541/mo
DSCR
3.98
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $541/mo net cash flow with a 24.8% cap rate. Underwriting indicates excellent fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (24.8%)
- • 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 |
|---|---|---|---|
| 2026-06-19 | Listed for sale | $35,000 | $58 |
| 2026-06-08 | Pending sale | $35,000 | $58 |
| 2026-06-06 | Listed for sale | $35,000 | $58 |
| 2024-06-21 | Sold | $25,000 | $41 |
| 2024-06-17 | Pending sale | $29,000 | $48 |
| 2024-06-07 | Price change | $29,000 | $48 |
| 2024-05-01 | Price change | $30,000 | $50 |
| 2024-03-20 | Price change | $35,000 | $58 |
| 2024-03-07 | Listed for sale | $50,000 | $83 |
| 2006-04-10 | Sold | $12,000 | $20 |
| 2005-07-20 | Sold | $17,500 | $29 |
| 2004-12-15 | Sold | $5,200 | $9 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $413.84 | $19,070 |
| 2023 | $371.75 | $14,520 |
| 2022 | $336.47 | $10,660 |
| 2021 | $335.5 | $7,900 |
| 2020 | $448.62 | $10,600 |
| 2018 | $198.52 | $8,860 |
| 2017 | $354.96 | $8,060 |
| 2016 | $340.96 | $7,990 |
| 2015 | $694.99 | $6,950 |
| 2014 | $442.9 | $6,950 |
| 2013 | $0 | $6,865 |
| 2012 | $0 | $6,794 |
| 2011 | $0 | $9,520 |
| 2010 | $0 | $10,451 |
| 2009 | $0 | $11,576 |
| 2008 | $0 | $12,116 |
| 2007 | $0 | $12,116 |
| 2005 | $0 | $8,991 |
| 2004 | $0 | $9,808 |
| 2003 | $0 | $8,871 |
| 2002 | $0 | $8,638 |
| 2001 | $0 | $8,264 |
| 2000 | $0 | $8,045 |
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