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106 E Warren Avenue, 
East Palatka, FL 32131

$1,450,000


—

Bed


—

Bath


13,576

Sq Ft


Multi-Family

Active

Listed by

Andrew Reed Mathews

Timber To Tides Realty LLC.

386-937-1471

Last updated:

November 12, 2026, 03:13 PM

MLS#

2166569

Source:

JV

Source MLS Verified

About This Home

106 E Warren Avenue

Turnkey Investment Portfolio with Exceptional Expansion Potential High-Yield Income + Unlocked Growth near the St. Johns River An incredible opportunity for institutional investors, syndicates, or seasoned portfolio buyers. This highly versatile, cash-flowing real estate portfolio offers immediate, diversified income streams alongside substantial future development potential in a strategic Florida commuting corridor. Situated just steps from the St. Johns River and minutes from SR-207, this portfolio offers seamless access to both Palatka and St. Augustine. Portfolio Highlights: 13 Residential Units: Fully established, income-producing residential inventory delivering reliable, immediate cash flow. 6 Rented Lot Leases: Active land leases currently generating passive income with tenant-owned homes in place—offering low-maintenance return on investment. 5 Pad-Ready Lots: Pad-ready residential lots prepared for immediate home placement to quickly boost gross revenue. 11.9+ Acres of Additional Land: Prime contiguous acreage offering massive upside for future expansion, community development, storage facilities, or high-density residential build-out. Key Infrastructure & Location Advantages: Municipal Utilities: Essential infrastructure is already in place with reliable county water and sewer service across the property, significantly reducing future development costs. Commuter-Friendly Location: Direct, convenient access to SR-207 makes for an easy commute to St. Augustine, Palatka, and surrounding employment hubs. Lifestyle Appeal: Located just steps from the scenic St. Johns River, offering exceptional tenant retention driven by proximity to boating, fishing, and outdoor recreation. Whether you choose to hold and collect stable passive cash flow, develop the pad-ready lots, or execute a master plan for the 11.9 additional acres, this portfolio presents a rare combination of immediate yield and massive equity upside.

Home Facts

Multi-Family

Built in 1986

Subdivision & Development:

Port Buena Vista

Price Summary

1,450,000

$106 per Sq. Ft.

MLS #:

2166569

Last Updated:

November 12, 2026, 03:13 PM

Added:

1 month(s) ago


Rooms & Interior

Interior

Living Area:

13,576 Sq. Ft.


Structure

Structure

Building Area:

13,576 Sq. Ft.

Year Built:

1986


Lot

Lot Size (Sq. Ft):

862,052


Finances & Disclosures

Finances

Price:

$1,450,000

Price per Sq. Ft:

$106 per Sq. Ft.

Source:JV
IDX information is provided exclusively for consumers‚ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by NEFMLS. NEFMLS may, at its discretion, require use of other disclaimers as necessary to protect Participants and/or NEFMLS from liability.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.