100 PILOTHOUSE Court, Palatka, FL 32177
Overview
Description
Supplements: ... (Read more) 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 benefits from a reliable workforce-driven rental base, supporting 55-65% occupancy with upside through rate optimization and expanded marketing. The private, pond-front setting offers a rare, peaceful environment that enhances guest appeal and repeat bookings. A major differentiator is the 5,500 sq ft commercial warehouse with integrated office space, opening the door to multiple high-value uses, including: Owner/operator headquarters Equipment or fleet storage Income-producing commercial lease Medical, wellness, or therapy facility conversion Assisted living / elder care concept (subject to zoning/approvals) This combination of residential income + commercial infrastructure provides both immediate cash flow and long-term repositioning potential. Market Tailwinds - Putnam County Growth: Putnam County continues to gain momentum as buyers and businesses expand outward from Jacksonville and St. Augustine, driven by affordability and growth initiatives supported by the Putnam County Chamber of Commerce and regional employers. Ongoing development and workforce demand in the area continue to support both rental performance and future value appreciation.
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
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
Documents

Pilothouse Court - Building Breakdown ›