258 BOSTWICK CEMETERY Road, Palatka, FL, 32177 | $5,500,000

This pristine private Greenbelt tax-exempt property on 337 acres has low annual taxes at an incredible $6, 881. The property begins at the end of a dead end road and is nestled within 5k acres of forest in Putnam County. Immerse yourself in nature's whisper, where seven parcels totaling 337 acres brim with life. Majestic Live Oaks frame your private paradise. Carved out, there's a private 10-acre parcel (homestead tax-exempt) with an eight-foot game fence surrounding the primary residence. You'll enjoy unwinding in your HUGE 4, 234 sqft single family home with a chef's kitchen, followed by moments of relaxation in the sunken living room. Each of the four private suites offers tranquility, featuring custom walk-in closets. Pamper yourself in one of the 5. 5 baths. Endless possibilities in the 4, 800 sq ft outbuilding. Imagine a hunt club, shooting range, event venue, paintball, archery, campgrounds, equestrian center, or dog kennel. Owner-financing considered with acceptable down payment. Parcel #s and Acreage: 31-08-27-0000-0020-0010 (20. 03); 32-08-27-0000-0052-0000 (39. 54); 32-08-27-0000-0090-0010 (78. 50); 32-08-27-0000-0091-0040 (18. 79); 05-09-27-0000-0020-0000 (85. 00); 05-09-27-0000-0020-0010 (75. 00); 32-08-27-0000-0010-0010 (20. 00) = 336. 86 acres

Features

  • Rooms: 8
  • Bedrooms: 4
  • Baths: 5 full / 1 half
  • Laundry: Electric Dryer Hookup, In Unit, Lower Level, Sink, Washer Hookup
  • Style: Spanish, Traditional
  • Year Built: 2012
  • Heating: Central, Electric, Heat Pump, Other
  • Cooling: Central Air, Electric, Multi Units
  • Approx Sq. Feet: 4,234
  • Acreage: 336.86
  • Est. Taxes: $6,882
  • Lot Desc: Agricultural, Dead End Street, Greenbelt, Irregular Lot, Many Trees, Split Possible, Wetlands, Wooded
  • View: Protected Preserve, Trees/Woods
  • Appliances: Dishwasher, Dryer, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer, Water Softener Owned
  • MLS#: 2008660
  • Days on Market: 119 days
  • Website: https://www.raveis.com
    /eprop/2008660/258bostwickcemeteryroad_palatka_fl?source=qrflyer
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than William Raveis Real Estate are marked with the listing broker's name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.

William Raveis Family of Services

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Jerry MasonSales Associate

508.292.9297

Jerry.Mason@Raveis.com

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Frank MerolaVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1020051

508.740.5922

Frank.Merola@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Allen GellermanInsurance Sales Director, William Raveis Insurance

617.686.2668

Allen.Gellerman@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

258 BOSTWICK CEMETERY Road, Palatka, FL, 32177

$5,500,000

Jerry Mason

Sales Associate

William Raveis Real Estate

Phone: 508.292.9297

Jerry.Mason@Raveis.com

Frank Merola

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.740.5922

Frank.Merola@raveis.com

NMLS Mortgage Loan Originator ID 1020051

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $4,400,000 $4,400,000 $4,400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.875% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.799% 6.989% 7.102%
Monthly Tax Payment $574 $574 $574
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $29,273 $28,905 $39,242
Total Monthly Payment $29,972 $29,604 $39,941

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.