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101 N Lake Street

Crescent City, FL 32112

3 beds
2 baths
904 sqft
~1/2 acre lot
$198 per sqft
1910 build
– on site

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Discover a unique investment opportunity with this charming 1910-built home with commercial zoning, exuding historic character and modern potential. 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 just 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.

Listing courtesy of NEFMLS / RIVER AND COAST PROPERTY GROUP

Last checked: Checking… • Last updated Nov 16, 2024 •

MLS# 2031999 —

The Building

Year Built:

1910
New Construction:

false
Construction Materials:

Frame, Wood Siding
Development Status:

None
Architectural Style:

Cottage, Craftsman, Historic, Multi Generational
Entry Level:

1
Roof:

Metal
Stories:

1
Levels:

One
Basement:

None
Foundation Details:

None
Building Features:

None
Window Features:

None
Patio And Porch Features:

Screened
Building Name:

None

Interior

Interior Features:

Guest Suite, In-Law Floorplan, Primary Downstairs
Flooring:

Wood
Fireplace:

true
Fireplace Features:

Electric, Wood Burning
Laundry Features:

In Garage

Room Dimensions

Living Area:

904.0
Living Area Units:

None
Living Area Source:

Public Records

Financial & Terms

Possession:

Close Of Escrow

Location

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.
Cross Street:

None
Latitude:

29.431758
Longitude:

-81.507318

The Property

Parcel Number:

301228175001100020
Property Type:

Residential
Property Condition:

Fixer
Property Subtype:

Single Family Residence
Zoning:

None
Lot Features:

Corner Lot, Historic Area, Irregular Lot
Lot Size Acres:

0.52
Lot Size SqFt:

22651.2
Lot Size Area:

0.52
Lot Size Units:

Acres
Current Use:

Commercial, Residential
Possible Use:

None
Topography:

None
View:

Lake
Other Structures:

Guest House, Other
Additional Parcels:

No
Additional Parcels Description:

None
Road Frontage Type:

City Street
Road Surface Type:

Asphalt, Paved
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Legal Description:

CRESCENT CITY MB2 P30 BLK 11 S 150FT OF LOT 2
Tax Annual Amount:

2438.65

Beds

Bedrooms Total:

3

Baths

Total Baths:

2.0
Total Baths:

2
Full Baths:

2
Three Quarter Baths:

None
Partial Baths:

None
Quarter Baths:

None

The Listing

Heating & Cooling

Heating:

No
Cooling:

true
Cooling:

Wall/Window Unit(s)

Utilities

Utilities:

Electricity Connected, Sewer Connected, Water Connected
Electric:

200+ Amp Service
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Convection Oven, Dishwasher, Electric Cooktop, Electric Oven

Schools

Elementary School District:

None
Middle Or Junior School District:

None

The Community

Subdivision Name:

Crescent City Add
Senior Community:

false
Pool Private:

No
Pool Features:

None
Waterfront:

false
Waterfront Features:

None
Water Body Name:

None
Pets Allowed:

None
Association:

false

Parking

Garage:

true
Garage Spaces:

2.0
Attached Garage:

false
Carport:

true
Carport Spaces:

1.0
Parking Total:

None
Parking Features:

Additional Parking, Carport, Detached, Garage, Off Street

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$144/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source	Price
7/26/24 Jul 26, 2024	Sold	NEFMLS	$179,000
6/27/24 Jun 27, 2024	Sold Subject To Contingencies	NEFMLS	$179,000
6/17/24 Jun 17, 2024	Listed / Active	NEFMLS	$179,000

House Sold on 7/26/2024

$179,000

Listing provided by broker:

BYRON GARBER

RIVER AND COAST PROPERTY GROUP

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Listing Courtesy of: NEFMLS and RIVER AND COAST PROPERTY GROUP.

Based on information from the NORTHEAST FLORIDA MLS 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. NEFMLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. NEFMLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

101 N Lake Street

Crescent City, FL 32112