210 S 15th Street, Palatka, FL 32177
Local realty services provided by:Better Homes and Gardens Real Estate Synergy
Listed by: jose villafana
Office: agent trust realty corporation
MLS#:O6347110
Source:MFRMLS
Price summary
- Price:$219,800
- Price per sq. ft.:$29.68
About this home
TRIPLE-THREAT INVESTMENT: A Renovated Cash Flow Machine with Unmatched Upside
This isn't just a property; it's a strategic investment with multiple streams of proven and potential income. Located in a prime Palatka neighborhood, this meticulously renovated 4-bedroom, 2-bathroom home is a genuine cash flow powerhouse, currently generating a stable $1,950 in monthly rental income. It’s a true turnkey asset, delivering immediate returns from day one.
The appeal goes far beyond its current performance. This property offers two unique and valuable paths to increased revenue:
Flexible Unit Conversion: The home's intelligent layout is designed for a seamless and cost-effective conversion into two separate 2-bedroom, 1-bathroom units, each with its own private kitchen. This transformation would unlock a significantly higher rental return, appealing to a wider tenant pool and maximizing your return on investment.
Backyard DADU Potential: The expansive backyard presents a rare opportunity to build a Detached Accessory Dwelling Unit (DADU). This third income stream would provide a private, standalone rental unit, tapping into a growing market and dramatically increasing the property's overall value and passive income.
A complete, high-impact renovation in 2025 ensures all major systems are new and worry-free. Updates include new plumbing, electrical, and HVAC, complemented by a modern kitchen, sleek bathrooms, and new flooring throughout. These high-end finishes not only support strong rental demand but also secure the asset's long-term appreciation.
Recently appraised with excellent market value, this is a rare "triple-threat" opportunity for any investor seeking a high-performing, low-maintenance asset with built-in potential for exponential income growth. Secure your next high-value investment today!
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Home facts
- Year built:1952
- Listing ID #:O6347110
- Added:47 day(s) ago
- Updated:November 12, 2025 at 01:06 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,409 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Metal
- Year built:1952
- Building area:1,409 sq. ft.
- Lot area:0.17 Acres
Utilities
- Water:Public
- Sewer:Public, Public Sewer
Finances and disclosures
- Price:$219,800
- Price per sq. ft.:$29.68
- Tax amount:$821 (2024)
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