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$179,000   Price Analysis
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101 N Lake St
Crescent City, FL 32112
3 bed 2 bath 904 SqFt ($198/SqFt)
0.52 acre lot. Built 1910
Listed 2024-06-17, Taxes $2,169
USDA Eligible
near Crescent City, FL
 

Discover a unique investment opportunity with this charming 1910-built home with commercial zoning

* Has Contingent Offer *

Exuding historic character and modern potental. The main house showcases large baseboards, original hardwood floors and a cozy brick fireplace. The highlight is the expansive screened-in porch offering a peek of Lake Crescent, perfect for relaxation or entertaining. Recent updates include a new roof in 2018 and a complete electrical system rewire, providing a solid foundation for further improvements. This property also features a versatile ADU attached to the garage, equipped with a kitchenette and bathroom, ideal for generating additional rental income or serving as a comfortable in-law suite. The oversized half-acre lot offers limitless possibilities for landscaping, gardening or expansion to suit your vision. Located steps from the boat ramp at Lake Crescent and the popular Three Bananas Restaurant, the home's prime location enhances its appeal. While this property boasts significant charm and potential, it does require additional work and renovations to reach its full potential. With an After Repair Value (ARV) well over $300, 000, this home is a prime candidate for a fix-and-flip project or a lucrative Airbnb investment. Don't miss out on this blend of historic charm and modern opportunity waiting for your personal touch!

Note: ADU and sun room Square Footage not included in total listed square footage.


Presented by Byron Garber at
River and Coast Property Group.


Property MLS #2031999 from realMLS

Bedrooms: 3

Total Bathrooms: 2
Full Bathrooms: 2

Guest Suite
In-Law Floorplan
Primary Downstairs
Flooring: Wood

Convection Oven
Dishwasher
Electric Cooktop
Electric Oven

Cooling Features: Wall/Window Unit(s)
Fireplace Features: Electric, Wood Burning

Corner Lot
Historic Area
Irregular Lot
Lot Size Acres: 0.52
Lot Size Square Feet: 22651

Carport Spaces: 1
Garage Spaces: 2
Parking Features: Additional Parking, Carport, Detached, Garage, Off Street

Other Structures: Guest House
Patio And Porch Features: Screened
Road Frontage Type: City Street
Road Surface Type: Asphalt, Paved

View: Lake

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 2438.650000000
Source Listing Status: Active Under Contract
County: Putnam
Current Use: Commercial, Residential
Directions: Heading south on HWY 17 make a left onto Florida Ave. House is on the left at the corner of Florida ave and N Lake St.
Tax Year: 2023
Source Property Type: Residential
Area: 583-Crescent/Georgetown/Fruitland/Drayton Isl
MLS Area Minor: 583-Crescent/Georgetown/Fruitland/Drayton Isl
Source Neighborhood: Crescent City Add
Parcel Number: 301228175001100020
Subdivision: Crescent City Add
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$84,130
$2,169
2021$unknown + $unknown
$76,490
$2,025
2020$unknown + $unknown
$69,540
$1,915
2019$29,240 + $33,980
$63,220
$1,825
2018$27,640 + $33,980
$61,620
$1,804
2017$26,000 + $33,980
$59,980
$1,792
2016$24,370 + $33,980
$58,350
$1,722
2015$24,498 + $33,977
$58,475
$1,741
2014$unknown + $unknown
$57,380
$1,742
2013$unknown + $unknown
$57,632
$1,613
2012$unknown + $unknown
$59,167
$1,524
2011$unknown + $unknown
$59,015
$1,517
2010$unknown + $unknown
$77,501
$2,002
2009$unknown + $unknown
$77,932
$2,009
2008$unknown + $unknown
$80,960
$2,068
2007$unknown + $unknown
$81,594
$2,059

Listed 2024-06-17
$179,000
realMLS
Listing removed 2024-01-20
$750
realMLS
Listing removed 2024-01-20
$750
realMLS
Listing removed 2024-01-20
$600
realMLS
Listing removed 2024-01-20
$550
realMLS
Listing removed 2024-01-20
$550
realMLS
Listing removed 2020-02-21
$79,000
realMLS
Listing removed 2018-08-20
$750
realMLS
Listed for rent 2018-08-03
$750
realMLS
Listing removed 2018-06-14
$750
realMLS
Listed for rent 2018-05-30
$750
realMLS
Listing removed 2014-09-19
$600
realMLS
Listed for rent 2014-09-02
$600
realMLS
Listing removed 2014-03-05
$600
realMLS
Listing removed 2013-12-23
$550
realMLS
Listed for rent 2013-12-05
$550
realMLS
Listing removed 2013-07-15
$550
realMLS
Listed for rent 2013-07-03
$550
realMLS
Listing removed 2012-07-30
$79,000
realMLS
Price Changed 2012-07-07
$79,000
realMLS
Price Changed 2012-04-08
$89,000
realMLS
Price Changed 2011-12-08
$69,000
realMLS
Relisted 2011-10-19
$84,900
realMLS
Listing removed 2011-09-30
$84,900
realMLS
Listed 2011-02-23
$84,900
realMLS
Sold 2005-12-30
$165,000
Public Record

Total Square Feet Living: 904
Year Built: 1910
Building Exterior Type: Frame, Wood Siding
Construction Materials: Frame, Wood Siding
Entry Level: 1
Levels: One
Living Area Source: Public Records
Property Age: 114
Property Condition: Fixer
Roof: Metal
Architectural Style: Cottage, Craftsman, Historic, Multi Generational

Sewer: Public Sewer
Electricity Connected
Sewer Connected
Water Connected
Water Source: Public

Middleton-Burney Elementary School is a public elementary school located approximately 1.1 miles away.
directions icon Map directions

Crescent City Junior/Senior High School is a public middle and high school located approximately 3.3 miles away.
directions icon Map directions

Abundantcrescent City Christian Academy is a private elementary and middle school located approximately 1.9 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.