$136,500
312 PALMETTO Avenue
Crescent City, FL 32112
MLS# 2168314
5 beds  |  3 baths


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Property Description
High-equity investor opportunity priced well below area ARV potential ($250K+ market potential). Renovation opportunity in the heart of Crescent City! This 5-bedroom, 2.5-bath home offers approximately 1,902 square feet, an enclosed front porch, and a fenced backyard. Downtown location with city water, situated between Crescent Lake and Lake Stella—an appealing setting for boating, fishing, and small-town Florida living. Bring your contractor and explore the potential to renovate for resale, a rental investment, or your own home. Property needs renovation and is offered AS-IS. Cash or hard money only. Assignment of an existing purchase contract; assignor holds equitable interest only. A member of the assigning LLC is a licensed Florida real estate sales associate. Buyer pays all closing costs. Showings by confirmed appointment.

Details
Contract Information
Current Price: $136,500
Property Sub Type: Single Family Residence
Property Attached YN: No
Status: Active
List Price: $136,500
Listing Contract Date: 2026-10-07
General Property Information
Bedrooms Total: 5
Bathrooms Full: 2
Bathrooms Half: 1
Bathrooms Total: 3
Living Area: 1902
Living Area Source: Appraiser
Year Built: 1935
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.13
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: Yes
Carport Spaces: 1
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Senior Community YN: No
Directions: US 17 to Palmetto Ave, East on Palmetto Ave.
Public Remarks: High-equity investor opportunity priced well below area ARV potential ($250K+ market potential). Renovation opportunity in the heart of Crescent City! This 5-bedroom, 2.5-bath home offers approximately 1,902 square feet, an enclosed front porch, and a fenced backyard. Downtown location with city water, situated between Crescent Lake and Lake Stella—an appealing setting for boating, fishing, and small-town Florida living. Bring your contractor and explore the potential to renovate for resale, a rental investment, or your own home. Property needs renovation and is offered AS-IS. Cash or hard money only. Assignment of an existing purchase contract; assignor holds equitable interest only. A member of the assigning LLC is a licensed Florida real estate sales associate. Buyer pays all closing costs. Showings by confirmed appointment.
List Price/SqFt: 71.77
DPR Eligible
DPR Eligible: Yes
Location Tax and Legal
Street Number: 312
Street Name: PALMETTO
Street Suffix: Avenue
County: Putnam
State: FL
Postal Code: 32112
MLS Area Major: 583-Crescent/Georgetown/Fruitland/Drayton Isl
Subdivision Name: Crescent City Blks
Status Change Information
Major Change Timestamp: 2026-10-22T01:37:58Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-22T01:37:58Z
Property Features
Appliances: Refrigerator
Utilities: Other
Cooling: Wall/Window Unit(s)
Heating: None
Water Source: Other
Parking Features: Unassigned
Current Use: Residential
Possession: Close Of Escrow
Listing Terms: Cash

Listing Office: 1 REALTY CORP
Source MLS Verified

Last Updated: October - 22 - 2026

Information deemed reliable but not guaranteed.