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700 ZEAGLER Drive, Palatka, FL 32177

$1,600,000
Property Type: Commercial Sale Square Footage: 21,085 Lot Size (sq. ft.): 79,279 Status: Closed
Current Price: $1,600,000 List Date: 10/02/2020 Last Modified: 1/11/2025

Overview

Description

Great investment property, within walking distance to the hospital. Medical office building with over 21,000 sqft, a total of 11 units, & ample parking. Income producing with multi-year leases & a very high occupancy rate. POSSIBLE OWNER FINANCING.

Listing Details MLS# 902229

General Property Information

Building Area Total
21085
Building Area Source
Public Records
Year Built
1977
Lot Size Acres
1.82
Water Body Access YN
No
Waterfront YN
No
Stories Total
Yes
Directions
West on Crill Ave, right on Zeagler Dr, to property on left at corner of Zeagler Dr & Old Wolf Bay Rd.
Public Remarks
Great investment property, within walking distance to the hospital. Medical office building with over 21,000 sqft, a total of 11 units, & ample parking. Income producing with multi-year leases & a very high occupancy rate. POSSIBLE OWNER FINANCING.
List Price/SqFt
80.58
Sold Price/SqFt
75.88

Property Features

Current Use: Commercial; Investment; Office Heating: Central; Electric Listing Terms: Owner May Carry Lot Features: Corner Lot Parking Features: Other Possession: Subject To Tenant Rights Sewer: Septic Tank Water Source: Public

Contract Information

Listing Contract Date
2017-09-25
Property Sub Type
Mixed Use

Location Tax and Legal

Street Number
700
Street Name
ZEAGLER
Street Suffix
Drive
County
Putnam
State
FL
Postal Code
32177
MLS Area Major
561-Greater Palatka

Status Change Information

Major Change Timestamp
2021-12-02T14:55:26Z
Major Change Type
Status Change
Purchase Contract Date
2021-08-17
Close Date
2021-11-30
Close Price
1600000

Historical Information

Public Historical Remarks 1
Road Surface: Asphalt Road, Lot Location-Free Standing: Y, Approx. Total SqFt: 21085.00, Number of Units: 11 - 20 Units
Public Historical Remarks 2
Number of Buildings: 2 Buildings
Public Historical Remarks 3
Current Zoning: C-1A

More Information

Location, Tax, and Legal

Parcel Number
101026000002000011

Current Use

Commercial
Yes
Investment
Yes
Office
Yes

Heating

Central
Yes
Electric
Yes

Listing Terms

Owner May Carry
Yes

Lot Features

Corner Lot
Yes

Parking Features

Other
Yes

Possession

Subject To Tenant Rights
Yes

Sewer

Septic Tank
Yes

Water Source

Public
Yes
Listing Office: COLDWELL BANKER BEN BATES INC
Source MLS Verified
Last Updated: January - 11 - 2025
Information deemed reliable but not guaranteed.

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