Work directly with Krista on any home here · Broker Associate · 20+ years · 500+ closings · Christie's International Real Estate First Coast

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Pending

Pending·71 days on market

314 Palmetto Avenue

Green Cove Springs, FL 32043

$199,900$207/sqftEst. $1,028/moMLS# 2100414

Beds

Baths

968

Sq Ft

1950

Built

—

Garage

Pool

About this home

Green Cove Springs

Seller will pay Closing costs with an acceptable offer. A one year home warranty & one year of Insurance Premiums will be paid with an acceptable offer. Whether you're looking for a charming residence, professional office, live-work space, AirBNB or future investment property, this location provides flexibility that traditional residential homes simply cannot offer. The home features a 2025 roof, HVAC system, water heater, renovated bathroom, & late model Whirlpool Appliances. One street off Orange avenue on a .29 acre corner lot, the property has strong long-term growth potential as Green Cove Springs continues to invest in downtown revitalization & business. Furniture can stay with an acceptable offer. The days on the market is high because we had title issues that were completely cleared in May 2026. The property should qualify for all financing types including VA & FHA.

Cost to own

Mortgage calculator

Home Price

$199,900

Down Payment: 20%

$39,980

Interest Rate: 6.66%

Loan Term

Monthly Payment

$1,028

Principal & Interest: $1,028

Property taxes (est.): $306

Insurance (est.): $133

Estimated Total Monthly

$1,467

*30-year loan at 6.66% APR (avg 30-yr rate 2026-08-27, Freddie Mac PMMS via FRED). Taxes use the county effective rate; insurance is a rough estimate — Florida premiums swing with roof age and flood zone (see the Reality Check). Actual costs may vary.

Cost to own

True monthly cost

What this home actually costs per month at the asking price — not just the mortgage.

Principal & interest20% down · 6.66% · 30yr$1,028

Property taxesest. at asking price, Clay County$306

Estimated total, before insurance$1,334/mo

• Homeowners insurance is on top — in Florida it varies widely with roof age and wind/flood zone (see the Reality Check below). Budget it before you offer.
• In CDD communities (Nocatee, eTown, Seven Pines…), bond assessments are collected on the property-tax bill, and the amount varies home to home — a prior owner may have prepaid the bond — so we confirm this home’s exact line rather than trust a community average.
• Taxes are estimated at YOUR purchase price — Florida assessments reset on sale, so the seller’s current bill is usually lower than yours will be.

Cost to own

Taxes & assessment

Last sold: $100,000 in September 2022(county public record, not MLS data)

Year	Market value	Taxable value	Change
2025	$77,643	$0	—
2024	$76,824	$0	—
2023	$73,747	$73,747	—
2022	$69,362	$69,362	—
2021	$65,350	$65,350	—
2020	$64,085	$64,085	—

2024 property taxes (current owner): $480/yr

Estimated taxes if purchased at asking price: ~$3,700/yr

Florida’s Save Our Homes cap limits how fast the current owner’s assessment can rise — and it resets when a home sells, so a buyer’s tax bill is typically based on the purchase price, not the seller’s bill above. Estimate uses the median effective rate across 792 current Clay listings and includes typical non-ad-valorem assessments; actual taxes depend on exemptions and taxing district. Sources: Florida DOR certified tax roll (2025), NEFMLS.

Storms & insurance

Florida Reality Check

The storm-and-insurance facts every Florida buyer should know up front.

Zone X — minimal flood hazard

Flood insurance is typically not required by lenders (always optional).

Flood damage is not covered by standard homeowners insurance — it’s always a separate policy.

Hurricane evacuation zone E

Zone E evacuates after zones A, B, C, D in an approaching storm.

Roof: Shingle — 2025 per the listing

A recent roof is the single biggest lever on Florida homeowners-insurance pricing.

Sewer (public record) · Public water (record)

County records show this parcel on central sewer — no septic system to inspect or maintain.

Source: Florida DOH Water Management Inventory (public record).

Solar potential: ~1,448 usable sun-hours per year

Moderate solar exposure — shade or roof orientation limits panel output here.

Krista can connect you with local insurance quotes before you make an offer.

Ask about this home

As of July 2026, this Reality Check is informational only — it draws on FEMA/FDEM hazard layers, Florida DOH water records, and the listing’s own fields at this property’s coordinates. None of it is a determination, survey, or inspection, and public records can lag or conflict with on-site conditions. Independently verify anything you’ll rely on: the flood zone at msc.fema.gov and floridadisaster.org/knowyourzone (and confirm flood-insurance cost with your lender and a licensed insurance agent), and the sewer/septic, roof, and utilities with a professional inspection.

History