For SaleRisky Deal54 days on market
277 W RIVER Road
277 W RIVER Road, Palatka, FL 32177, Palatka, FL 32177
$724,900
Estimate®:$688,800
Listing Price
277 W RIVER Road, Palatka, FL 32177
Loc: Palatka, FL
Days Listed
54
Tax Assessed
$528k
Estimate®
$689k
Market Rate
Lot Size
1.57 acres
Rent Estimate
$2,364/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.
6
James A. Long Elementary School
K-6
3.8 mi away
3
Palatka High School
7-12
5.5 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
waterfrontlakefrontsunsetfire pitAdirondack chairsprivate docklandscaped lawnserenecozyoutdoor livingpalmsscenicnatural setting
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
1.70%
Total ROI
-4.2%
Cash Flow
$-2,734/mo
DSCR
0.27
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-2,734/mo net cash flow with a 1.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Palatka, FL
- • Long-term capital appreciation corridor
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 |
|---|---|---|---|
| 2026-08-01 | Listed for sale | $724,900 | $378 |
| 2025-07-13 | Listing removed | $779,000 | $407 |
| 2025-05-20 | Price change | $779,000 | $407 |
| 2025-03-12 | Listed for sale | $799,000 | $417 |
| 2024-07-18 | Listing removed | $799,000 | $417 |
| 2024-02-29 | Price change | $835,000 | $436 |
| 2024-01-09 | Listed for sale | $850,000 | $444 |
| 2022-02-10 | Sold | $568,000 | $296 |
| 2022-01-30 | Pending sale | $574,900 | $300 |
| 2022-01-25 | Contingent | $574,900 | $300 |
| 2022-01-23 | Listed for sale | $574,900 | $300 |
| 2022-01-22 | Pending sale | $574,900 | $300 |
| 2022-01-22 | Contingent | $574,900 | $300 |
| 2022-01-21 | Listed for sale | $574,900 | $300 |
| 2017-07-26 | Sold | $360,000 | $188 |
| 2017-07-06 | Pending sale | $385,000 | $201 |
| 2017-02-24 | Listed for sale | $385,000 | $201 |
| 2000-11-20 | Sold | $240,000 | $125 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $8,840.23 | $527,780 |
| 2023 | $8,141.1 | $482,230 |
| 2022 | $4,452.04 | $425,020 |
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