R-3 MULTIFAMILY ZONING – DEVELOPMENT OPPORTUNITY. Vacant residential lot located in Palatka in Putnam County. This parcel is zoned R-3 Residential Multifamily, which allows multifamily residential development per the zoning verification letter from the City of Palatka (see attached MLS documents). This property is being marketed individually but must be purchased together with the adjacent lot at 4416 Cobalt St, creating a combined site of approximately 0.34 acres. Based on the R-3 zoning density of 18 units per acre, the combined parcels may allow up to approximately six (6) residential units, subject to city approval, site planning, and verification by the buyer. Possible development options may include townhomes, duplexes, or a small multifamily building, depending on final design and municipal approval. Buyers should verify lot dimensions, frontage, easements, utilities, and development requirements with the City of Palatka and Putnam County. Convenient location near local schools, shopping, and access to the scenic St. Johns River area. Zoning verification letter is attached in MLS documents for buyer review.

Listing courtesy of CREATIVE R.E. & PROJECTS, LLC (954) 548-9807



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Last checked: 2026-03-09 09:45 AM EDT