234 Cracker Swamp Dirt Rd East Palatka, FL 32131
Estimated payment $8,128/month
Highlights
- RV Access or Parking
- 38.81 Acre Lot
- Agricultural
- Views of Trees
- Cooling Available
- Fire Pit
About This Home
Versatile 40-Acre Property with Income Potential
This unique 40-acre property in an agricultural-zoned community offers tranquility and ample opportunities for income generation. Whether you're looking for a sustainable lifestyle, event venue, or rental property, this location has it all.
The property features a picturesque setting with a pond, majestic oak trees, and a park-like ambiance, perfect for hosting weddings or special events. The main building, spanning 1,898 sqft, includes a kitchen, men's and women's bathrooms, washer and dryer hookups, and a 2,228 sqft screened-in pavilion. Additional structures include a 7,200 sqft steel-frame multipurpose barn and a wood-frame storage building. Two fully renovated upstairs rental units, each with one bedroom, one bathroom, and a kitchen, are available for monthly rental or as daily/weekly Airbnb accommodations. The property also generates income as a popular wedding venue, taking full advantage of its scenic charm and event-ready amenities.
Recent updates include a complete renovation of the party hall with new lighting, including chandeliers, as well as the addition of new furniture such as 100 chairs, 25 tables, sofas, and decorative items. A front porch with ceiling fans and lights has been added, and the landscaping has been revitalized with new sod (60 pallets), outdoor plants, and a sprinkler system. The parking lot now features solar lighting leading to the main gate, and a modern security system with cameras has been installed. Other improvements include repairs and repainting of adjacent buildings, barn repairs, and general property enhancements. This property is ideal for hosting events, creating a retreat, or living sustainably while generating multiple income streams.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,767
Year Built
- Built in 2005
Lot Details
- 38.81 Acre Lot
- Few Trees
Property Views
- Pond
- Trees
Home Design
- 10,796 Sq Ft Home
Kitchen
- Convection Oven
- Electric Oven
- Electric Cooktop
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Front Loading Washer
Parking
- Additional Parking
- RV Access or Parking
Utilities
- Cooling Available
- Heating Available
- Private Water Source
- Electric Water Heater
- Private Sewer
Additional Features
- Fire Pit
- Agricultural
Community Details
- 2 Units
- Income includes ["parking" "recreation" "rv storage"]
Listing and Financial Details
- Assessor Parcel Number 490927292005000010
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,924 | $225,310 | -- | -- |
| 2023 | $3,767 | $253,480 | $0 | $0 |
| 2022 | $3,156 | $196,400 | $0 | $0 |
| 2021 | $3,087 | $188,150 | $0 | $0 |
| 2020 | $3,061 | $183,690 | $0 | $0 |
| 2019 | $3,067 | $182,500 | $174,110 | $8,390 |
| 2018 | $3,038 | $177,620 | $171,910 | $5,710 |
| 2017 | $2,860 | $2,210 | $0 | $2,210 |
| 2016 | $2,754 | $159,380 | $8,940 | $150,440 |
| 2015 | $2,793 | $160,551 | $5,948 | $154,603 |
| 2014 | $2,736 | $159,386 | $5,883 | $153,503 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/24/2024 11/24/24 | For Sale | $1,400,000 | +133.3% | $130 / Sq Ft |
| 03/13/2023 03/13/23 | Sold | $600,000 | -14.2% | $40 / Sq Ft |
| 02/15/2023 02/15/23 | Pending | -- | -- | -- |
| 10/28/2022 10/28/22 | For Sale | $699,000 | +121.9% | $47 / Sq Ft |
| 03/12/2012 03/12/12 | Sold | $315,000 | -21.2% | $21 / Sq Ft |
| 01/25/2012 01/25/12 | Pending | -- | -- | -- |
| 05/31/2011 05/31/11 | For Sale | $399,900 | -- | $27 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $600,000 | Action Title Services Of St Jo | |
| Special Warranty Deed | $315,000 | Gibraltar Title Services | |
| Trustee Deed | -- | None Available | |
| Quit Claim Deed | $600,000 | -- | |
| Warranty Deed | $100,000 | Gullett Title Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $480,000 | Purchase Money Mortgage |
Source: realMLS (Northeast Florida Multiple Listing Service)
MLS Number: 2058199
APN: 49-09-27-2920-0500-0010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS.
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