$39,999
$10K PRICE DROP

708 Madison St Palatka, FL 32177

Estimated payment $257/month

Total Views 12,288
2 Beds
1 Bath
1,002 Sq Ft
$40 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Covered patio or porch
  • Main Floor Primary Bedroom
  • Mature Landscaping
  • Closet Cabinetry

About This Home

Investor Special! This charming 1935-built home offers endless potential for the savvy investor or visionary buyer. With 1,002 square feet of space, this property is a true diamond in the rough, ready to be transformed into your dream home or next investment project. Situated on a level lot with mature landscaping, the property exudes character and curb appeal. Located on a picturesque brick-lined street, the setting perfectly complements the charm of the home. Just moments away, you’ll find Palatka’s revitalized downtown area, offering Riverfront Square, stunning views of the cypress dome, convenient boat launches, floating docks, and more. Known for its rich history and steady growth, Palatka is the ideal location for investment in a vibrant and evolving community. Don’t miss this opportunity to be a part of Palatka’s exciting future. There is a vacant lot next door that is NOT included in this sale. Schedule your showing today!

Listing Agent

Jeannie Johnston

AVALON GROUP REALTY License #3360671

AVALON GROUP REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x100
  • South Facing Home
  • Mature Landscaping
  • Level Lot
  • Street paved with bricks

Parking

  • On-Street Parking

Home Design

  • Bungalow
  • Fixer Upper
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,002 Sq Ft Home
  • Ceiling Fan
  • Awning
  • Combination Dining and Living Room
  • Crawl Space

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Closet Cabinetry
  • 1 Full Bathroom

Outdoor Features

  • Covered patio or porch

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Palatka Blks Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Construction Materials: Frame, Wood Siding
  • Fireplace: No
  • Living Area: 1002
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 1935
  • Building Area Total: 1002
  • Lot Size Sq Ft: 5227
  • Directions to Property: From Reid Street heading west, turn right onto N 9th Street. Turn right onto Madison Street and the property will be on your left.
  • Status: Active
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Palm Coast
  • Escrow Postal Code: 32137
  • Escrow State: FL
  • Escrow Street Name: Leanni Way, Suite D4
  • Escrow Street Number: 50
  • List Office Head Office Key Nume: 710192349
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 39.92
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor
  • Appliances Included: Other
  • Foundation Details: Crawlspace
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Street Number Modifier: 708
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 93.09
  • Room Count: 8

Exterior Features

  • Direction Faces: South
  • Exterior Features: Awning(s)
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Rear Porch
  • Road Surface Type: Brick
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Curb Parking

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Other, Phone Available, Sewer Available
  • Cooling: Other
  • Heating: Other
  • Laundry Features: Other
  • Sewer: Other
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RESI
  • Parcel Number: 42-10-27-6850-0580-0041
  • Additional Parcels: No
  • Lot Features: Level, Sidewalk, Street Brick
  • Lot Dimensions: 50x100
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 486

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1200.08
  • Tax Block: 58
  • Tax Lot: 4

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $407 $49,260 $15,750 $33,510
2023 $600 $39,620 $7,880 $31,740
2022 $882 $30,300 $3,600 $26,700
2021 $832 $22,730 $0 $0
2020 $802 $20,610 $0 $0
2019 $809 $18,180 $17,840 $340
2018 $977 $25,290 $24,950 $340
2017 $931 $22,940 $22,600 $340
2016 $867 $20,730 $0 $0
2015 $699 $20,460 $0 $0
2014 $811 $21,332 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 For Sale $39,999 0.0% $40 / Sq Ft
03/26/2025 03/26/25 Pending -- -- --
03/16/2025 03/16/25 For Sale $39,999 0.0% $40 / Sq Ft
02/27/2025 02/27/25 Pending -- -- --
02/07/2025 02/07/25 Price Changed $39,999 -20.0% $40 / Sq Ft
01/20/2025 01/20/25 For Sale $49,999 -- $50 / Sq Ft
Source: Stellar MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $3,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $126,500 Construction
Closed $126,500 New Conventional
Source: Public Records

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    Section Image

Source: Stellar MLS

MLS Number: FC306646

Stellar MLS

APN: 42-10-27-6850-0580-0041