101 S PROSPECT Street, Crescent City, FL 32112 (MLS# 2112061)

101 S PROSPECT Street, Crescent City, FL 32112

$4,280,000
Property Type: Commercial Sale Square Footage: 85,678 Lot Size (sq. ft.): 554,954 Status: Active
Current Price: $4,280,000 List Date: 10/06/2025 Last Modified: 10/06/2025

Description

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.

More Information MLS# 2112061

Contract Information

Current Price: $4,280,000 List Price: $4,280,000 Status: Active Listing Contract Date: 2025-10-06 Property Sub Type: Mixed Use

Location Tax and Legal

Street Number: 101 Street Direction Prefix: S Street Name: PROSPECT Street Suffix: Street County: Putnam State: FL Postal Code: 32112 MLS Area Major: 583-Crescent/Georgetown/Fruitland/Drayton Isl

General Property Information

Building Area Total: 85678 Building Area Source: Appraiser Year Built: 1920 Lot Size Acres: 12.74 Waterfront YN: Yes Water Frontage Feet: 350 Directions: South on Highway 17 to Crescent City, left on Central Ave, right on S. Prospect St, to property on left. Public Remarks: 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. List Price/SqFt: 49.95

Status Change Information

Major Change Timestamp: 2025-10-06T12:21:55Z Major Change Type: New Listing

Property Features

Construction Materials: Brick Cooling: Central Air; Electric Fencing: Chain Link Heating: Central; Electric Lot Features: Corner Lot Parking Features: Parking Lot Road Frontage Type: City Street Roof: Metal; Shingle Sale Includes: Building & Land Sewer: Public Sewer Utilities: Natural Gas Connected; Sewer Connected; Water Connected Water Source: Public Waterfront Features: Lake Front
Listing Office: COLDWELL BANKER BEN BATES INC
Last Updated: October - 06 - 2025
Information deemed reliable but not guaranteed.