Prime Development Opportunity! This ideally situated 0.50-acre vacant commercial parcel at 162 US Hwy 17 in East Palatka offers unmatched visibility in one of Putnam County’s highest-traffic corridors, with more than 60,000 vehicles passing daily. Zoned C-2, the property provides excellent flexibility for a variety of commercial uses—perfect for a boutique shop, café, professional office, or other small-scale business venture. Located at the entrance of East Gate Square, the site enjoys strong built-in traffic from established neighboring businesses, including Hitchcock’s Supermarket, which anchors the center. The parcel is also directly across from McDonald’s and near Taco Bell, Popeyes, and Family Dollar, reinforcing the area’s commercial strength and consumer draw. This property is positioned in a rapidly developing retail corridor surrounded by national brands and local favorites. With its prime frontage along US Highway 17, easy access, and outstanding exposure, this is a rare opportunity to bring your business to one of Florida’s fastest-growing counties.
162 S Highway 17, 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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