831 Huntington RdCrescent City, FL 32112

Property Details for 831 Huntington Rd

Year built

2019

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

5.51 AC

Property size (Sq ft)

517 SF

Property type

Retail properties

Property subtype

Drive through restaurants

APN

19-12-28-3350-016.0-000.0

APU

191228335001600000

Description

Exceptional investment opportunity in Crescent City, Florida. This 6.94-acre property (302,306.4 sq ft) boasts approximately 400 feet of lakefront on Lake Stella. The single-story, 1,920 sq ft building houses a café with a beer and wine license, fully equipped commercial kitchen, and all necessary equipment included in the sale. The property also includes a marina with rentable paddle boats and an 18-hole disc golf course with professional baskets and rental discs. A portion of the land is currently utilized as a Harvest Host site for RVs and campers. Built in 2019, this mixed-use property offers a unique blend of commercial, recreational, and special-purpose uses. Currently tenant-occupied, the seller will consider owner financing with a minimum 50% down payment and acceptable terms. This turnkey business presents a rare chance to acquire a thriving waterfront enterprise in a desirable Florida location. The property is located at 831 HUNTINGTON Road, Crescent City, FL 32112.

• CAP approach

  CAP return

  Valuation

  6%

  $136,110

  6.5%

  $125,640

  7%

  $116,666

• Comparable approach

  Method

  Valuation

  Relative Method

  $88,606

  Geo Method

  $88,606

• Alternative Use

  Use

  Valuation

  Residential

  $105,982

  Hospitality

  $97,079

  Educational

  $80,769

  Medical

  $83,547

  Retail

  $125,640

Location Insight

City

Crescent City

County

Putnam

State

Florida

Latitude

29.4401

Longitude

-81.5178

CBSA code

37260

CBSA name

PALATKA, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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