$4,280,000
101 S PROSPECT Street
Crescent City, FL 32112
MLS# 2112061



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Property 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.

Details
Location, Tax, and Legal
Country: US
Parcel Number: 301228175000100000
Tax Annual Amount: 0
Tax Year: 2024
Tax Legal Description: CRESCENT CITY MB2 P30 BLKS 1, 4, 5 & BLK 15 (CRESCENT CITY - MILL, ER MIDDLE SCHOOL) & PT OF CLOSED PARK ST & MYRTLE AVE, BK191 P382 (SUBJECT TO ESMT, OR840 P1039) (EX OR393 P923 OR1121 P455)
Additional Parcels YN: Yes
Additional Parcels Description: Also includes Putnam County Parcel ID: 30-12-28-1750-0050-0011 (201 S. Prospect St).
General Property Information
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.
Building Area Total: 85678
Building Area Source: Appraiser
List Price/SqFt: 49.95
Year Built: 1920
Construction Materials
Brick: 1
Cooling
Central Air: 1
Electric: 1
Fencing
Chain Link: 1
Heating
Central: 1
Electric: 1
Lot Features
Corner Lot: 1
Parking Features
Parking Lot: 1
Road Frontage Type
City Street: 1
Roof
Metal: 1
Shingle: 1
Sewer
Public Sewer: 1
Utilities
Natural Gas Connected: 1
Sewer Connected: 1
Water Connected: 1
Water Source
Public: 1
Location
City: 1
Sale Includes
Building & Land: 1
Waterfront Features
Lake Front: 1
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
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.