Quick Putnam FL MLS Search

Browse All Putnam FL Between $2 Million - $3 Million Properties for Sale

$2,999,000
2160740 MLS 32187 Zip Code
A truly exceptional opportunity to own 312± acres comprised of seven contiguous parcels in the heart of Putnam County. Combining expansive acreage, outstanding road frontage, recreational appeal, agricultural versatility, and long-term investment potential, this property is one of North Florida's premier land offerings. Approximately 22 acres feature 1,862 feet of frontage along US Highway 17, providing excellent visibility and access. This highly desirable corridor may offer future commercial development potential, subject to Putnam County approvals, making it an attractive opportunity for investors and developers alike. Currently zoned Agricultural, the property is well suited for a variety of agricultural and rural residential uses permitted under Putnam County regulations. Whether your vision includes a working farm, cattle or livestock operation, equestrian estate, timber investment, family compound, private hunting preserve, or recreational retreat, this property offers the scale and flexibility to accommodate a wide range of possibilities. The land is home to merchantable timber, offering potential timber value while enhancing the property's natural beauty and wildlife habitat. Outdoor enthusiasts will appreciate the abundant wildlife including deer, ducks, turkeys and hogs, with exceptional opportunities for hunting, ATV riding, horseback riding, hiking, camping, and other recreational activities. Located in one of Florida's most celebrated outdoor recreation regions, the property is just minutes from the St. Johns River, internationally recognized for its world-class largemouth bass fishing, boating, and water recreation. The region continues to attract significant public and private investment, including the nearby Bass Pro Shops development and the planned LaGasse Motorsports Park, a proposed $200 million destination motorsports and entertainment development in Palatka that is expected to further enhance the area's visibility and long-term growth potential. Conveniently located approximately 10 minutes from Palatka, 50 minutes to St. Augustine Beach and Daytona Beach, about one hour to Jacksonville, and less than two hours to Orlando, the property offers a rare combination of rural privacy with convenient access to Florida's major cities, beaches, airports, and recreational destinations. Whether you're seeking a legacy family property, an income-producing agricultural investment, a recreational paradise, or land with long-term appreciation potential, this remarkable 312-acre offering delivers an opportunity that is increasingly difficult to find in today's market. The property's size, wetland composition, and adjacency to conservation lands may warrant evaluation for mitigation banking or other conservation opportunities, subject to buyer due diligence and regulatory approvals. Buyer is responsible for verifying zoning, permitted uses, timber value, development potential, and any future rezoning opportunities with Putnam County and other applicable authorities. Parcels included in this sale: 32-10-27-0000-0020-0000, 29-10-27-0000-0060-0000, 32-10-27-0000-0030-0000, 45-10-27-0000-0010-0000, 44-10-27-0000-0020-0010, 44-10-27-0000-0020-0020, 45-10-27-0000-0010-0011

680 S Highway 17, San Mateo

$2,499,000
2139917 MLS 32177 Zip Code
Turn-Key 7-Building STR Portfolio + 5,500 SF Warehouse | ~7.5% Cap | $187K NOI | Mixed-Use Upside Rare opportunity to acquire a fully operational 7-building, 11-unit income-producing portfolio delivering approximately ~7.5% cap rate and ~$187K blended NOI in Palatka, FL. This unique offering combines stabilized short-term rentals with long-term income and a 5,500 sq ft commercial-grade warehouse, creating a true multi-income, flexible-use investment. The residential portfolio consists of: 3 single-family homes 1 triplex 2 duplexes (Totaling 11 rentable units and 3,650 rentable nights annually) In addition, the property includes two stabilized long-term leases generating $5,000/month ($60K annually), providing consistent baseline income. STR operations have historically produced ~$135K NOI, with 2026 bookings already exceeding $80K, demonstrating strong forward demand. Positioned directly across from St. Johns Ship Building, the asset benefits from a reliable workforce-driven rental base, supporting 55-65% occupancy with upside through rate optimization and expanded marketing. The private, pond-front setting offers a rare, peaceful environment that enhances guest appeal and repeat bookings. A major differentiator is the 5,500 sq ft commercial warehouse with integrated office space, opening the door to multiple high-value uses, including: Owner/operator headquarters Equipment or fleet storage Income-producing commercial lease Medical, wellness, or therapy facility conversion Assisted living / elder care concept (subject to zoning/approvals) This combination of residential income + commercial infrastructure provides both immediate cash flow and long-term repositioning potential. Market Tailwinds - Putnam County Growth: Putnam County continues to gain momentum as buyers and businesses expand outward from Jacksonville and St. Augustine, driven by affordability and growth initiatives supported by the Putnam County Chamber of Commerce and regional employers. Ongoing development and workforce demand in the area continue to support both rental performance and future value appreciation.

100 Pilothouse Court, Palatka

Start Your Search
© 2026 Northeast Florida Multiple Listing Service, Inc. All rights reserved. This data is up-to-date as of . For the most current information, contact Real Estate Company.

Between $2 Million - $3 Million Putnam Real Estate

Our website features the best real estate search for between $2 million - $3 million properties available in Putnam and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire. 

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood! 

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Contact us today to find out how we can be of assistance to you!