100 PILOTHOUSE Court, Palatka, FL 32177 (MLS# 2139917)

100 PILOTHOUSE Court, Palatka, FL 32177

$2,499,000
Property Type: Commercial Sale Square Footage: 11,839 Lot Size (sq. ft.): 395,525 Status: Active Under Contract
Current Price: $2,499,000 List Date: 8/05/2026 Last Modified: 8/05/2026

Overview

Description

Turn-Key 7-Building STR Portfolio + 5,500 SF Warehouse | ~7.5% Cap | $187K NOI | Mixed-Use Upside Rare opportunity to acquire a fully operational 7-building, 11-unit income-producing portfolio delivering approximately ~7.5% cap rate and ~$187K blended NOI in Palatka, FL. This unique offering combines stabilized short-term rentals with long-term income and a 5,500 sq ft commercial-grade warehouse, creating a true multi-income, flexible-use investment. The residential portfolio consists of: 3 single-family homes 1 triplex 2 duplexes (Totaling 11 rentable units and 3,650 rentable nights annually)

Supplements: In addition, the property includes two stabilized long-term leases generating $5,000/month ($60K annually), providing consistent baseline income. STR operations have historically produced ~$135K NOI, with 2026 bookings already exceeding $80K, demonstrating strong forward demand. Positioned directly across from St. Johns Ship Building, the asset be ...

Listing Details MLS# 2139917

General Property Information

Number Of Units Total
7
Building Area Total
11839
Building Area Source
Public Records
Accessibility Features YN
No
Year Built
2011
Lot Size Acres
9.08
Land Lease YN
No
Association YN
No
Water Body Access YN
No
Waterfront YN
No
Stories Total
Yes
Senior Community YN
No
Directions
Take I-95 S (SR-9) - take exit 311 toward Palatka onto SR-207 S (State Road 207). Turn right onto S US Highway 17 (US-17 N). Turn left onto N Moseley Ave (CR-311). Turn right onto St Johns Ave. Turn left onto S Sr-19 (SR-19). Turn left onto E Pinellas St. Turn right onto Stokes Landing Rd. Turn right onto Pilothouse Ct.
Public Remarks
Turn-Key 7-Building STR Portfolio + 5,500 SF Warehouse | ~7.5% Cap | $187K NOI | Mixed-Use Upside Rare opportunity to acquire a fully operational 7-building, 11-unit income-producing portfolio delivering approximately ~7.5% cap rate and ~$187K blended NOI in Palatka, FL. This unique offering combines stabilized short-term rentals with long-term income and a 5,500 sq ft commercial-grade warehouse, creating a true multi-income, flexible-use investment. The residential portfolio consists of: 3 single-family homes 1 triplex 2 duplexes (Totaling 11 rentable units and 3,650 rentable nights annually)
List Price/SqFt
211.08

Property Features

Building Features: Kitchen Facilities; Laundry; Office; Private Restroom; Separate Warehouse Area Business Type: Rental Cooling: Ceiling Fan(s); Central Air Current Use: Commercial; Investment; Multi-Family; Single Family; Other Flooring: Laminate; Tile Heating: Central Listing Terms: Cash; Conventional Lot Features: Cul-De-Sac Parking Features: Assigned; Circular Driveway; Varies by Unit Possession: Close Of Escrow Sale Includes: Business with Lease; Business with Real Estate; Furniture, Fixtures and Equipment Sewer: Septic Tank Utilities: Cable Connected; Electricity Connected Contingency Reason: Inspection

Contract Information

Listing Contract Date
2026-04-14
Property Sub Type
Multi Family

Location Tax and Legal

Street Number
100
Street Name
PILOTHOUSE
Street Suffix
Court
County
Putnam
State
FL
Postal Code
32177
MLS Area Major
561-Greater Palatka

Status Change Information

Major Change Timestamp
2026-08-05T13:36:25Z
Major Change Type
Status Change
Contingency
Active Under Contract
Contingent Date
2026-08-05

Building Features

# Overhead Doors
3
% Air Conditioned or Heated
100

More Information

Unit 1 Details

Unit ID
100
Annual Rent
32857
Unit SqFt
1200
# Units (This Type)
Yes
Furnished
Furnished
Unit Remarks
SFR - 2/2 - Estimated square footage

Unit 2 Details

Unit ID
101
Annual Rent
32857
Unit SqFt
605
# Units (This Type)
3
Furnished
Furnished
Unit Remarks
Triplex - 1/1 - Estimated square footage

Unit 3 Details

Unit ID
104
Annual Rent
32857
Unit SqFt
1456
# Units (This Type)
3
Furnished
Furnished
Unit Remarks
SFR - 3/2 - Estimated square footage

Unit 4 Details

Unit ID
105
Annual Rent
32857
Unit SqFt
1601
# Units (This Type)
Yes
Furnished
Furnished
Unit Remarks
SFR - 4/3 - Estimated square footage

Unit 5 Details

Unit ID
106
Annual Rent
32857
Unit SqFt
835
# Units (This Type)
2
Furnished
Furnished
Unit Remarks
Duplex - 2/1.5 - Estimated square footage

Unit 6 Details

Unit ID
107
Annual Rent
32857
Unit SqFt
835
# Units (This Type)
2
Furnished
Furnished
Unit Remarks
Duplex - 2/1.5 - Estimated square footage

Unit 7 Details

Unit ID
108
Annual Rent
36000
Unit SqFt
5644
# Units (This Type)
Yes
Furnished
Furnished
Unit Remarks
Warehouse - Estimated square footage
Listing Office: ENDLESS SUMMER REALTY
Source MLS Verified
Last Updated: August - 05 - 2026
Information deemed reliable but not guaranteed.

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