For SaleExcellent Deal55 days on market
4178 REID Street
4178 REID Street, Palatka, FL 32177, Palatka, FL 32177
$64,900
Listing Price
4178 REID Street, Palatka, FL 32177
Loc: Palatka, FL
Days Listed
55
Tax Assessed
$47k
Lot Size
0.31 acres
Rent Estimate
$1,202/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.
6
James A. Long Elementary School
K-6
3.6 mi away
3
Palatka High School
7-12
3.3 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
ranch stylesingle-storydark wood sidinghorizontal lap sidinglattice skirtingcovered porchresidentialrural aestheticgrassy lawnpalm treefixer-upperutility metergable roof
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
13.64%
Total ROI
255.3%
Cash Flow
$401/mo
DSCR
2.19
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $401/mo net cash flow with a 13.6% cap rate. Underwriting indicates excellent fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (13.6%)
- • 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 |
|---|---|---|---|
| 2026-09-15 | Price change | $64,900 | $73 |
| 2026-08-27 | Price change | $69,900 | $78 |
| 2026-08-18 | Price change | $74,900 | $84 |
| 2026-07-31 | Listed for sale | $79,900 | $90 |
| 2021-03-24 | Listing removed | $0 | – |
| 2020-04-29 | Sold | $10,000 | $11 |
| 2018-08-02 | Sold | $4,000 | $4 |
| 2018-07-03 | Listed for sale | $10,995 | $12 |
| 2018-01-05 | Listing removed | $10,995 | $12 |
| 2016-01-05 | Listed for sale | $10,995 | $12 |
| 2015-09-10 | Listing removed | $10,995 | $12 |
| 2015-01-29 | Listed for sale | $10,995 | $12 |
| 2013-03-14 | Sold | $6,441 | $7 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $941.51 | $46,640 |
| 2023 | $889.48 | $44,400 |
| 2022 | $801.99 | $36,990 |
| 2021 | $755.48 | $29,220 |
| 2020 | $489.47 | $9,640 |
| 2018 | $148.66 | $8,690 |
| 2017 | $148.66 | $8,200 |
| 2016 | $144.44 | $7,750 |
| 2015 | $133.94 | $7,650 |
| 2014 | $605.43 | $12,261 |
| 2013 | $0 | $12,142 |
| 2012 | $0 | $20,523 |
| 2011 | $0 | $21,759 |
| 2010 | $0 | $23,712 |
| 2009 | $0 | $20,863 |
| 2008 | $0 | $21,832 |
| 2007 | $0 | $21,832 |
| 2005 | $0 | $19,294 |
| 2004 | $0 | $17,737 |
| 2003 | $0 | $16,072 |
| 2002 | $0 | $7,176 |
| 2001 | $0 | $7,063 |
| 2000 | $0 | $6,857 |
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