$1,600,000
700 ZEAGLER Drive
Palatka, FL 32177
MLS# 902229
Status: Closed

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Property 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.

Details
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: 1
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
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
Contract Information
Current Price: $1,600,000
Sold Price: $1,600,000
Status: Closed
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
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
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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