340 Kay Larkin Drive, Palatka, FL for sale

Investment Overview

Previously engineered, entitled, and permitted for up to 50,000 square feet of medical office, the Kay Larkin Business Center project is a prime opportunity for a developer or end user to take advantage of the opportunity to expand within the Palatka market. As a tertiary market, Palatka is primed for additional growth as a relocation destination for retirees. Located less than 1 mile from HCA Putnam Hospital, this site is uniquely situated to host ancillary medical services essential to a growing retirement population in Putnam County. Cypress Cove is a planned $146M+ entertainment district on the St. Johns River in Downtown Palatka. Bass Pro Shops recently acquired over 5,200 acres in Putnam County for a prospective Wilderness and Hunting resort.

Investment Highlights

• All utilities are available at the front of the property and ready for connection
• Located 1 mile north of HCA Florida Putnam Hospital and 1 mile west of St. Johns River State College
• Within an hour from all major points of interest within Northeast Florida
• Local infrastructure improvements include: $1M improvements to Palatka Municipal Airport and future expansion of the Port of Palatka
• Future $146M riverfront entertainment district 10 minutes to the east and 5,200 ac "Bass Pro" resort to the south
• An influx of new residents from Northeast Florida