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

Overview

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.

Listing Details MLS# 2112061

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

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

Contract Information

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

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).

More Information

Construction Materials

Brick
Yes

Cooling

Central Air
Yes
Electric
Yes

Fencing

Chain Link
Yes

Heating

Central
Yes
Electric
Yes

Lot Features

Corner Lot
Yes

Parking Features

Parking Lot
Yes

Road Frontage Type

City Street
Yes

Roof

Metal
Yes
Shingle
Yes

Sewer

Public Sewer
Yes

Utilities

Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Water Source

Public
Yes

Location

City
Yes

Sale Includes

Building & Land
Yes

Waterfront Features

Lake Front
Yes
Listing Office: COLDWELL BANKER BEN BATES INC
Source MLS Verified
Last Updated: October - 06 - 2025
Information deemed reliable but not guaranteed.