$179,000
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101 N Lake Street Crescent City, FL 32112
Single Family
Residence
3
Beds
2
Baths
...
Bed/Bath
Sq. Ft.
Property Activity
Time 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 offer...ing 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.
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MLS#
2031999
Property Type
Single Family
Bedrooms
3
Bathrooms
2 Full
Year Built
1910
Lot Size
0.52
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