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101 S PROSPECT Street, Crescent City, FL 32112

$4,280,000
MLS# 2112061
0
Bedrooms
0
Bathrooms
85,678
Sq Ft
1920
Year Built

About This Home — 101 S PROSPECT Street

The Opportunities Are Endless! Former middle school on a total of 12.74 +/- acres, with the southerly 5 +/- acres having 350 +/- ft on Crescent Lake. Located in the heart of Crescent City, south of Palatka and just north of Volusia County. The property consists of two parcels with 9 buildings, all built between 1920 to 1976, with 85,678 +/- total square feet. The cafeteria, built in approximately 2005, has a kitchen with both a walk-in coolder and walk-in freezer (no other equipment included). Other attributes are the gymnasium and auditorium. The original school building (main building) has a basement, with both the entry level and basement having overhead sprinklers. Property does have city water and sewer, along with natural gas. Currently zoned PF-1, Public Facilities District - Building and Grounds, by the City of Crescent City. With rezoning, potential uses could include apartments, assisted living facility or administration buildings.

Features

Price$4,280,000
Price / Sq Ft$50
Bedrooms0
Bathrooms0.00
Full Baths0
Square Footage85,678
Acres12.74 acres
Year Built1920
TypeCommercial Sale
Sub-TypeMixed Use
StatusActive
Has PoolNo
Is WaterfrontYes

Community Information

Address101 S PROSPECT Street, Crescent City, FL 32112
Area583-Crescent/Georgetown/Fruitland/Drayton Isl
CityCrescent City
CountyPutnam
StateFL
Zip Code32112
Lot Size554,954.4 sq ft
Parcel Number301228175000100000

Amenities

UtilitiesNatural Gas Connected, Sewer Connected, Water Connected
SewerPublic Sewer
Water SourcePublic
ParkingParking Lot
Waterfront TypeLake Front

Interior

HeatingCentral, Electric
CoolingCentral Air, Electric

Exterior

Lot DescriptionCorner Lot
FencingChain Link
RoofMetal, Shingle
ConstructionBrick
Road FrontageCity Street

Additional Information

Date ListedOctober 6, 2025
Days on Market236
Tax Year2024

Mortgage Calculator

$4,280,000
$856,000
Loan Term
Monthly Payment
$22,780
Principal & Interest: $22,780
Est. Taxes & Insurance: $5,695
Estimated Total Monthly
$28,475
*Estimates based on 30-year loan at 7% APR. Actual payments may vary.

Listing Courtesy of: COLDWELL BANKER BEN BATES INC

Information deemed reliable but not guaranteed. Data provided by realMLS (Northeast Florida MLS).

Your Local Expert

Krista Fracke - Broker Associate

Krista Fracke

Broker Associate

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20+ years · 500+ closings · NE Florida