210 S 15th Street, PALATKA, FL

$219,800

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4

Beds

2

Baths

1,409

Square feet

0.17

Acres

About 210 S 15th Street

TRIPLE-THREAT INVESTMENT: A Renovated Cash Flow Machine with Unmatched Upside This isn't just a property; it's a strategic investment with multiple streams of proven and potential income. Located in a prime Palatka neighborhood, this meticulously renovated 4-bedroom, 2-bathroom home is a genuine cash flow powerhouse, currently generating a stable $1,950 in monthly rental income. It’s a true turnkey asset, delivering immediate returns from day one. The appeal goes far beyond its current performance. This property offers two unique and valuable paths to increased revenue: Flexible Unit Conversion: The home's intelligent layout is designed for a seamless and cost-effective conversion into two separate 2-bedroom, 1-bathroom units, each with its own private kitchen. This transformation would unlock a significantly higher rental return, appealing to a wider tenant pool and maximizing your return on investment. Backyard DADU Potential: The expansive backyard presents a rare opportunity to build a Detached Accessory Dwelling Unit (DADU). This third income stream would provide a private, standalone rental unit, tapping into a growing market and dramatically increasing the property's overall value and passive income. A complete, high-impact renovation in 2025 ensures all major systems are new and worry-free. Updates include new plumbing, electrical, and HVAC, complemented by a modern kitchen, sleek bathrooms, and new flooring throughout. These high-end finishes not only support strong rental demand but also secure the asset's long-term appreciation. Recently appraised with excellent market value, this is a rare "triple-threat" opportunity for any investor seeking a high-performing, low-maintenance asset with built-in potential for exponential income growth. Secure your next high-value investment today!

Features of 210 S 15th Street

MLS® # O6347110
Price $219,800
Bedrooms 4
Bathrooms 2.00
Full Baths 2
Square Footage 1,409
Acres 0.17
Year Built 1952
Type Residential
Sub-Type Single Family Residence
Status Active

Community Information

Address 210 S 15th Street
Area Palatka
Subdivision PALATKA HILLCREST
City PALATKA
County Putnam
State FL
Zip Code 32177-4510

Amenities

Is Waterfront No
Has Pool No

Interior

Interior Features Eating Space In Kitchen
Appliances Cooktop, Refrigerator
Heating Central
Cooling Central Air
Fireplace No

Exterior

Exterior Features Other
Roof Metal
Foundation Other

Additional Information

Date Listed September 25th, 2025
Days on Market 5
Zoning R-3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeAGENT TRUST REALTY CORPORATION

Listing Map

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