Ask Ben.
Ask Ben.
(904) 595-8967

Benjamin Subercaseaux, Sales Associate · Florida Homes Realty & Mortgage

$7,950,000

233 E RIVER Road, East Palatka, FL 32131

Not Validd

Price
$7,950,000
Beds / Baths
0 / 0
Living area
0 sqft
Year built
0
Type
Land
Lot
170 ac
Garage
0
HOA
None
CDD
No
Flood zone
Unknown
County
Putnam
Days on market
442

Discover a rare opportunity with this expansive 170-acre cleared land in East Palatka, FL, now on the market for $7,950,000. Boasting 200 feet of river frontage and prime for development, this property is a developer's dream. Parcels include a total of eight lots, offering vast potential for a variety of projects. Located near Putnam County Blvd, the site is easily accessible and ready to be transformed. The land features agricultural zoning and holds immense value for future use. Surveys are available for review, and the possibilities for this space are endless. Don't miss the chance to own a piece of this sprawling property with immense potential. Contact us today to learn more about this exceptional investment opportunity in East Palatka.

What to check on this one

  • Verify flood zone designation and obtain FEMA map for 170 acres—river frontage increases risk.
  • Review all eight lot surveys; confirm property lines and wetland delineations with county.
  • Check agricultural zoning compliance; confirm permitted uses and any development restrictions.
  • Obtain Phase I environmental assessment given acreage, river exposure, and development intent.
  • Verify utilities available (water, sewer, electric) or cost to extend to parcels.
  • Confirm riparian rights and Army Corps of Engineers permits needed for river work.

Flagged from the listing itself — not an inspection, and no substitute for one. Bring these to the showing.

What this home really costs per month

Principal & interest$41,251/mo
Property tax (1.1% eff., Putnam Co.)$7,288/mo
Homeowners insurance (est.)$4,638/mo
All-in monthly (est.)$53,177/mo

Loan $6,360,000 at 6.75% · 30 yr

Not a loan quote. Rate, insurance, and tax are stated assumptions — a lender and an insurance agent give real numbers. Homestead exemption lowers taxes after you file.

Listing courtesy of CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST. Data via realMLS (Northeast Florida MLS), updated Aug 12, 2026, 3:00 PM.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.