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Key Details
Sold Price $179,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 904 sqft
Price per Sqft $198
Subdivision Crescent City Add
MLS Listing ID 2031999
Sold Date 07/26/24
Style Cottage,Craftsman,Historic,Multi Generational
Bedrooms 3
Full Baths 2
Construction Status Fixer
HOA Y/N No
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1910
Annual Tax Amount $2,438
Lot Size 0.520 Acres
Acres 0.52
Property Description
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.
Location
State FL
County Putnam
Community Crescent City Add
Area 583-Crescent/Georgetown/Fruitland/Drayton Isl
Direction 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.
Rooms
Other Rooms Guest House, Other
Interior
Interior Features Guest Suite, In-Law Floorplan, Primary Downstairs
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplaces Type Electric, Wood Burning
Fireplace Yes
Laundry In Garage
Exterior
Parking Features Additional Parking, Carport, Detached, Garage, Off Street
Garage Spaces 2.0
Carport Spaces 1
Pool None
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Lake
Roof Type Metal
Porch Screened
Total Parking Spaces 2
Garage Yes
Private Pool No
Building
Lot Description Corner Lot, Historic Area, Irregular Lot
Sewer Public Sewer
Water Public
Architectural Style Cottage, Craftsman, Historic, Multi Generational
Structure Type Frame,Wood Siding
New Construction No
Construction Status Fixer
Others
Senior Community No
Tax ID 301228175001100020
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with RIVER AND COAST PROPERTY GROUP
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