$159,000

14 S LAKE Street, Crescent City, FL 32112

Crescent City Blks

Price

$159,000

Beds / Baths

2 / 1

Living area

1,320 sqft

Year built

1915

Type

Residential

Lot

0.26 ac

Garage

1

HOA

None

CDD

No

Flood zone

Unknown

County

Putnam

Days on market

85

$120/sqft asking, vs a $154/sqft median across 70 closed sales in 32112 over the last 12 months — 22% below the area's closed prices. Property priced at land value only; 1915 home requires complete renovation or teardown; buyer must verify zoning intent with City of Crescent City and Putnam County.

Fantastic Commercial Oppurtunity. Property is currently zoned GC-1 general commercial one which alows commercial use. City is currently remapping and changing zoning and use to the New Central Bussiness District downtown which is proposed to inlarge the downtown area and increase growth potential and future bussiness.The adjoing property 105 Central Ave is for sale MLS#261613 with the additional purchase it would be a combined land area of .57 of an acre which is a rare & great commercial development oppurtunity in the main corrider at the lake and right in the heart of downtown, it doesnt get any better. 14 Lake St the property is priced at land value only, the home was built in 1915 and is a pretty much a tear down or a complete renovation needed. Buyer to verify intended use with zoning with the City of Crescent City and Putnam County, the zoning codes & designation of uses are proposed to change in coming months.