Sold·Closed Aug 4, 2026·87 days on market
114 Magnolia Drive
East Palatka, FL 32131
About this home
East Palatka
Waterfront living at its finest! This beautifully updated 3 bedroom, 2 bath home is perfectly situated on a wide, serene canal just off the St. Johns River in Palm Port--offering direct access to some of the area's best fishing and boating. Enjoy your private waterfront oasis featuring a bulkhead, a well-maintained dock, boathouse, and boat lift--ready for all your water adventures. The fenced back yard provides added privacy, while the expansive screened lanai offers the perfect space to relax and take in peaceful water views year-round. Inside, the home has been thoughtfully updated with tile flooring throughout, updated windows, and refreshed kitchen and bathrooms. The open and functional layout makes it ideal for both everyday living and entertaining. Includes an attached garage, storage shed, and extra parking area. Don't miss this opportunity to own a move-in ready waterfront home in time for summer! Furnishings are negotiable. Easy drive to the beach and St Augustine.
Cost to own
True monthly cost
What this home actually costs per month at the asking price — not just the mortgage.
- • 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).
Mortgage calculator — adjust rate & down payment
Cost to own
Mortgage calculator
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 1986)
Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.
Likely sewer · FLA011742 - Palm Port WWTF · Public water (record)
County records indicate this parcel on central sewer served by FLA011742 - Palm Port WWTF — no septic system to inspect or maintain.
Source: Florida DOH Water Management Inventory (public record).
Solar potential: ~1,747 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 homeAs 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.
Cost to own
Taxes & assessment
2025 property taxes (current owner): $4,843/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.
History
Price & status history
- Aug 5, 2026Closed$429,900
- Jul 17, 2026Active Under Contract$429,900
- Apr 21, 2026Listed$429,900
History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.
Closed sales
What sold nearby
Closed sales within about two miles in the last 18 months, same property type, similar size. Closed prices from the MLS, not estimates. Their median is $241/sq ft; this home is listed at $309/sq ft.
| Address | Closed | Price | $/sq ft | Bd/Ba | Sq ft | DOM | Miles |
|---|---|---|---|---|---|---|---|
| 118 Magnolia Drive, East Palatka, FL 32131Listed by FLORIDA REALTY INVESTMENTS | Jul 2026 | $344,000 | $247 | 3/2 | 1,390 | 3 | 0 |
| 118 Magnolia Drive, East Palatka, FL 32131Listed by COLDWELL BANKER BEN BATES INC | Aug 2025 | $335,000 | $241 | 3/2 | 1,390 | 24 | 0 |
| 133 Magnolia Avenue E, East Palatka, FL 32131Listed by FADER & CO REALTY LLC | Aug 2026 | $230,000 | $192 | 3/2 | 1,200 | 64 | 0.5 |
| 102 St Johns Boulevard, East Palatka, FL 32131Listed by CENTURY 21 ST AUGUSTINE PROPERTIES | Feb 2026 | $441,000 | $263 | 3/2 | 1,680 | 201 | 0.6 |
| 226 Port Comfort Drive, East Palatka, FL 32177Listed by IHEART REALTY INC | Aug 2026 | $355,000 | $214 | 3/2 | 1,662 | 90 | 0.9 |
| 124 E Grandview Drive, East Palatka, FL 32131Listed by MOMENTUM REALTY | Jul 2026 | $234,900 | $166 | 3/2 | 1,416 | 295 | 1.8 |
Sold data from the realMLS IDX feed. A closed price is what a buyer paid, not what this home is worth; Krista runs the adjustments per home.
Features
Community Information
Amenities
Interior
Exterior
Additional Information
Listing Courtesy of: COLDWELL BANKER BEN BATES INC
Information deemed reliable but not guaranteed. Data provided through the IDX program of realMLS (Northeast Florida Multiple Listing Service). © 2026 Northeast Florida Multiple Listing Service, Inc. All rights reserved.
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Your Local Realtor
Krista Fracke
Broker Associate
This home sold on Aug 4, 2026. If you own nearby and want to know what this sale means for your value, or you're shopping this street, I can walk you through it.
Text Krista about this saleHomes for sale nearby →20+ years · 500+ closings · NE Florida
Curious what nearby homes sold for?
MLS rules keep sold prices off public sites — ask Krista and she'll email you recent sales for this area.
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