Kari Sullivan
REALTOR® | Luxury Property Specialist
Phone: (904) 923-5274
Email: connect@kari.homes
Web: kari.homes
100 PILOTHOUSE Court, Palatka, FL 32177
$2,499,000
$211/sq ft
Active
Pool Home
New Listing
About This Home
Turn-Key 7-Building STR Portfolio + 5,500 SF Warehouse | ~7.5% Cap | $187K NOI | Mixed-Use Upside
Rare opportunity to acquire a fully operational 7-building, 11-unit income-producing portfolio delivering approximately ~7.5% cap rate and ~$187K blended NOI in Palatka, FL. This unique offering combines stabilized short-term rentals with long-term income and a 5,500 sq ft commercial-grade warehouse, creating a true multi-income, flexible-use investment.
The residential portfolio consists of:
3 single-family homes
1 triplex
2 duplexes
(Totaling 11 rentable units and 3,650 rentable nights annually)
Rare opportunity to acquire a fully operational 7-building, 11-unit income-producing portfolio delivering approximately ~7.5% cap rate and ~$187K blended NOI in Palatka, FL. This unique offering combines stabilized short-term rentals with long-term income and a 5,500 sq ft commercial-grade warehouse, creating a true multi-income, flexible-use investment.
The residential portfolio consists of:
3 single-family homes
1 triplex
2 duplexes
(Totaling 11 rentable units and 3,650 rentable nights annually)
Location
Features & Amenities
Interior Features
- Flooring: Laminate, Tile
Exterior Features
- Pool
- Cul-De-Sac
- Assigned
- Circular Driveway
- Varies by Unit
Property Details
Property Type:
Multi Family
Year Built:
2011
Lot Size:
9.08 Acres (395,524 sq ft)
Property Tax (2025):
$27,366/year
Flooring:
Laminate, Tile
MLS #:
2139917
Utilities:
Cable Connected, Electricity Connected
