Prime 2.01-acre commercial development opportunity at 138, 140, 142 State Road 207 and 106 E McCormick Rd in East Palatka, offering strong frontage and visibility along SR 207 with ~19,600 AADT. Strategically located with direct access to US-17 and connectivity to St. Augustine and I-95, capturing both commuter and recreational traffic. Zoned C-3 (General Commercial), allowing a wide range of uses including gas stations, convenience stores, retail, banks, service businesses, and equipment rental. Minutes from the St. Johns River and nearby marinas, supporting boat sales, marine services, rentals, and boat/RV storage. Limited nearby commercial land and growing traffic along the SR 207 corridor create a strong opportunity for marine, retail, and service-oriented development in Northeast Florida.
138 STATE ROAD 207, East Palatka, FL, 32131
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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