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Active

Active·183 days on market

117 S 3rd Street

Palatka, FL 32177

$540,000$229/sqftEst. $2,776/moMLS# 2102953

Beds

Baths

2,356

Sq Ft

1884

Built

—

Garage

Pool

About this home

Palatka

This home offers the best of both worlds, historic character with tasteful modern updates. Many original features including a fireplace, beautiful solid wood front door, sunporch with views of the majestic St Johns River and an enclosed back porch that leads to the backyard that will be your own private oasis. Updated bathrooms and a huge kitchen with new state of the art appliances that any chef would envy. The second story attic is insulated and could be finished to create additional living space. The house is zoned for either commercial or residential use and is within the South Historic District. Located one block from the St Johns River and historic downtown Palatka, this is your opportunity to be a part of Palatka's renaissance!

Cost to own

Mortgage calculator

Home Price

$540,000

Down Payment: 20%

$108,000

Interest Rate: 6.66%

Loan Term

Monthly Payment

$2,776

Principal & Interest: $2,776

Insurance (est.): $360

Estimated Total Monthly

$3,136

*30-year loan at 6.66% APR (avg 30-yr rate 2026-08-27, Freddie Mac PMMS via FRED). Taxes vary by county; 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$2,776

Estimated total, before insurance$2,776/mo

Seller’s 2024 tax billper the MLS — includes any CDD / assessments$3,292/yr · $274/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 (that applies to the reference bill above too).

Cost to own

Taxes & assessment

2024 property taxes (current owner): $3,292/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. Sources: Florida DOR certified tax roll, 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 C

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

Roof: Metal — year not disclosed (home built 1884)

Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.

Sewer · FL0040061 - Palatka WWTF · Public water (record)

County records show this parcel on central sewer served by FL0040061 - Palatka WWTF — no septic system to inspect or maintain.

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

Solar potential: ~1,599 usable sun-hours per year

A strong solar roof by Florida standards — worth pricing panels if energy bills matter to you.

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

Price & status history

Jul 17, 2026Price change$540,000−$25,000
Feb 27, 2026Listed$565,000

History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.

Features

Price$540,000

Price / Sq Ft$229

Bedrooms3

Bathrooms2.00

Full Baths2

Square Footage2,356

Total Structure Area2,708 sq ft

Acres0.26 acres

Year Built1884

TypeResidential

Sub-TypeSingle Family Residence

StyleCottage, Victorian

Property ConditionUpdated/Remodeled

StatusActive

Has PoolNo

Is WaterfrontNo

Direction FacesWest

School Information

HighPalatka

Community Information

Address117 S 3rd Street, Palatka, FL 32177

Area561-Greater Palatka

SubdivisionDicks Map

CityPalatka

CountyPutnam

StateFL

Zip Code32177

Lot Size11,325.6 sq ft

Lot Dimensions142.42' x 121.50'

Parcel Number421027685001200041

ZoningCommercial

Amenities

UtilitiesCable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

SewerPublic Sewer

Water SourcePublic

ParkingAdditional Parking, Off Street, On Street, Parking Lot

ViewRiver