Susan Froman

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Listing provided courtesy of GREAT EXPECTATIONS REALTY- MLS# 2142497MLS ProviderSource MLS Verified

550 CEDAR CREEK Road #2Palatka, FL 32177

Single Family · 2 Beds · 2 Full Baths · 1,233 Sq. ft. | 1.65 Acres
$350,000 Active

550 CEDAR CREEK Road #2 Overview

Time on Site:
62 days
Visits:
4

Investor opportunity on the St. Johns River. Situated on 1.65 acres, this property offers direct river frontage with a dock and boat lift, along with electric and water already in place at the dock. Located approximately 20 minutes to Palatka and about 35 minutes to Green Cove Springs, this setting provides a balance of privacy and accessibility. Spend hot summer days on the water--boating, fishing, or simply enjoying the breeze--with numerous waterfront restaurants accessible by boat nearby. The property includes two structures. The front home is in disrepair as the prior owner did not complete renovations. The primary residence is a concrete block home built in 1978, offering 2 bedrooms, 2 bathrooms, and approximately 1,233 square feet. The home will require renovation and is being sold in its current condition. There are two artesian wells and two septic systems on site, providing flexibility for future use. Being sold AS IS. No repairs will be made. Cash buyers only.

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550 CEDAR CREEK Road #2 Facts & Features

  • Type Single Family
  • Sq. ft. 1,233
  • Price/Sq.ft. $284
  • Lot 1.65 Acres

Details

General

Association/HOA

  • Association: No

Building Information

  • New Construction: No
  • Year Built: 1978

Business Information

  • Current Use: Residential

Location/Region

  • Country: US
  • County Or Parish: Putnam
  • MLS Area Major: 563-East Bostwick/Bridgeport/Cedar Creek
  • MLS Area Minor: 563-East Bostwick/Bridgeport/Cedar Creek
  • Subdivision Name: Metes & Bounds

Tax Information

  • Tax Annual Amount: 4480.27
  • Tax Year: 2025

General Information

  • Listing Terms: Cash
  • Parcel Number: 230827362000000100
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 2

General Information

  • Appliances: Other
  • Flooring: Carpet,Laminate,Tile
  • Interior Features: Other
  • Living Area: 1233.0
  • Living Area Source: Public Records
  • Rooms Total: 0
  • Stories: 1

Unit Information

  • Unit Number: 2

Exterior

Parking Information

  • Parking Features: Other

Lot Information

  • Lot Size Acres: 1.65
  • Lot Size Area: 1.65
  • Lot Size Square Feet: 71874.0
  • Lot Size Units: Acres
  • Water Source: Well

Waterfront/View

  • View: River
  • Waterfront Features: River Access,River Front
  • Waterfront: Yes

Building Exterior/Construction

  • Attached Garage: No
  • Property Attached: No

General Information

  • Carport Spaces: 1.0
  • Carport: Yes
  • Pool Private: No
  • Sewer: Septic Tank
  • Utilities: Electricity Connected

550 CEDAR CREEK Road #2 Neighborhood

Community

32177 (PALATKA) Demographics

41
Median Age
110
Population Density (per sq. mile)
20%
College Educated
$40,800
Estimated Median Income
7,263
Estimated Total Home Owners
3,829
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

550 CEDAR CREEK Road #2 Monthly Cost

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Dylan Leitman
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

550 CEDAR CREEK Road #2 Market Data

Based on the last 30 days in this zip code

$311,715
Average List Price
$192
Average Price per Square Foot
25
Properties Sold
106
Average Days on Market
217
Properties for Sale
Calculations provided by Reliance Network

550 CEDAR CREEK Road #2 History

Date Event Value Agent
6/28/2026Source: My Florida Regional MLS Price Reduction
$350,000 -6.7%
6/28/2026Source: North East Florida MLS Price Reduction
$350,000 -6.7%
5/29/2026Source: My Florida Regional MLS Price Reduction
$375,000 -6.2%
5/29/2026Source: North East Florida MLS Price Reduction
$375,000 -6.2%
4/29/2026Source: My Florida Regional MLS Added to Database
April 29, 2026
4/29/2026Source: North East Florida MLS Added to Database
April 29, 2026