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Active Under Contract

Active Under Contract·62 days on market

115 E Hicks Street

Palatka, FL 32177

$86,000$119/sqftEst. $442/moMLS# 2151993

Beds

Baths

720

Sq Ft

1960

Built

—

Garage

Pool

About this home

Palatka

Conveniently located in the heart of Palatka, this charming 2-bedroom, 1-bath home offers easy access to everything the area has to offer. The second bedroom is non-conforming and does not include a closet, making it ideal for use as a guest room, home office, hobby room, or flex space.Enjoy relaxing on the screened front porch or entertaining on the open back deck. Situated close to shopping, schools, hospitals, and everyday conveniences, this property is also just minutes from historic downtown Palatka and the scenic riverfront, where you can enjoy local festivals, farmers markets, community events, and waterfront activities throughout the year. Whether you're looking for a primary residence, investment property, or a place to make your own, this home offers plenty of potential.

Cost to own

Mortgage calculator

Home Price

$86,000

Down Payment: 20%

$17,200

Interest Rate: 6.65%

Loan Term

Monthly Payment

$442

Principal & Interest: $442

Insurance (est.): $57

Estimated Total Monthly

$499

*30-year loan at 6.65% APR (avg 30-yr rate 2026-08-20, 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 · 6.65% · 30yr$442

Estimated total, before insurance$442/mo

Seller’s 2025 tax billper the MLS — includes any CDD / assessments$1,527/yr · $127/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

2025 property taxes (current owner): $1,527/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: material not specified — year not disclosed (home built 1960)

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

Sewer records conflict — verify

The MLS lists “Septic Tank”, while Florida DOH records suggest central sewer. Don’t rely on either — confirm the actual system, and if septic is possible, budget an inspection, before you offer. Municipal drinking water per the county inventory.

Sources: MLS listing + Florida DOH Water Management Inventory (public record).

Solar potential: ~1,581 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