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Active

Active·104 days on market

116 Round Lake Circle

Palatka, FL 32177

$355,000$173/sqftEst. $1,889/moMLS# 2138125

Beds

Baths

2,052

Sq Ft

1978

Built

Garage

Pool

About this home

Palatka

Situated on a spacious 1-acre lot, this charming Palatka property offers the perfect blend of comfort, privacy, and room to grow. The home features new flooring throughout, a cozy fireplace, and accent walls that add warmth and character to the living space. The primary bedroom is conveniently located on the first floor for added ease and functionality. Enjoy relaxing on the screened porch overlooking the expansive yard, creating a peaceful and private outdoor retreat. With plenty of space to spread out, the property includes a 2 car garage, carport, and an additional rear carport--ideal for extra vehicles, boats, equipment, or storage. The large lot provides endless possibilities for outdoor living, hobbies, or future expansion. Located just down the street from the new Kelly Smith Elementary School currently under construction, this home offers both convenience and long-term value. Well and septic in place.

Cost to own

Mortgage calculator

Home Price

$355,000

Down Payment: 20%

$71,000

Interest Rate: 6.49%

Loan Term

Monthly Payment

$1,793

Principal & Interest: $1,793

Est. Taxes & Insurance: $448

Estimated Total Monthly

$2,242

*Estimates based on 30-year loan at 6.49% APR (avg 30-yr rate 2026-07-09, Freddie Mac PMMS via FRED). Actual payments 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 · 7.0% · 30yr$1,889

Estimated total, before insurance$1,889/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, SilverLeaf, eTown…), bond assessments are collected on the property-tax bill — the tax estimate above reflects county averages, so confirm this home’s exact CDD with us.
• 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

2025 property taxes (current owner): $3,490/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.

Outside all hurricane evacuation zones

This location is not in a designated storm-surge evacuation zone.

Roof: Metal — year not disclosed (home built 1978)

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

Septic system (public record) · Private well (public record)

County records indicate an onsite septic system — budget a septic inspection before closing (typically $300–$500) and expect pump-outs every 3–5 years.

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

Solar potential: ~1,529 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

Informational only, based on FEMA National Flood Hazard Layer and Florida Division of Emergency Management data at this property’s coordinates. Zones change with map revisions — verify the parcel at msc.fema.gov and floridadisaster.org/knowyourzone before relying on this.

History