Historic District
306 CENTRAL Avenue, Crescent City, FL 32112
For Sale
New
$319,000
Commercial Sale, Crescent City, FL
Property Size2,284 SF
Lot Size0.13 Acres
Price / SF$139.67
Days on Market4
Property Features for 306 CENTRAL Avenue
General Information
Property type
Property subtype
Zoning description
Parking features
Security features
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Cooling system
Water source
Building Details
Year built
Floors in Building
Flooring type
Roof type
Listing Agency:
ST JOHNS REALTY AND MANAGEMENT LLC
Listed By:
AMY HEATH · License #3136549
(386) 698-1000
Added: Nov 5
Changed: Nov 6
Last Checked: Nov 8 at 1:06AM
MLS# 2172494
Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This storefront property offers 2,284 square feet on a 0.13-acre parcel in Crescent City’s Historic District. Built in 1900, the building has wood and carpet flooring, window or wall-window cooling, and a metal roof installed in 2022. Public water and sewer serve the property, and parking is available on and off the street.
The property is on Central Avenue and is visible from US Hwy 17. Its zoning is GC-1; the owner has opted out of CBD zoning. The longtime occupant is relocating its operations to another warehouse owned by the family and will continue serving customers through route sales and mobile orders.
The property is on Central Avenue and is visible from US Hwy 17. Its zoning is GC-1; the owner has opted out of CBD zoning. The longtime occupant is relocating its operations to another warehouse owned by the family and will continue serving customers through route sales and mobile orders.
Key Highlights
- 2,284 square feet on a 0.13‑acre parcel
- Built in 1900
- Metal roof installed in 2022
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,016
Cap Rate
7.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$460,320
$460.3K
Cap Rate 7%
$328,800
$328.8K
Cap Rate 9%
$255,733
$255.7K
Market Conditions
NOI Build-Up for 2,284 SF
Gross rent
$36.5K $15.96/SF
− Vacancy
−$3.6K −$1.56/SF
EGI
$32.9K $14.40/SF
− OpEx
−$9.9K −$4.32/SF
NOI
$23.0K $10.08/SF
Area
Putnam County, FL
Vacancy
9.80%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$460,320
Cap Rate 7%
$328,800
Cap Rate 9%
$255,733
Alternative Uses
Best Use
Retail
$328.8K
$287.7K – $383.6K
NOI $23,016 @ 7.0% cap · market cap 7.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$594.8K
$520.5K – $694.0K
NOI $41,637 @ 7.0% cap · market cap 13.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
212
Businesses Nearby
24k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Dining 36%
Home Improvements & Furnishings 10%
Circle K
Shops & Services
10,076 visits/mo
0.4 miles
Domino's Pizza
Dining
4,757 visits/mo
0.4 miles
SUBWAY
Dining
3,980 visits/mo
0.4 miles
AutoZone
Shops & Services
2,848 visits/mo
0.4 miles
Producers Hardware Co
Home Improvements & Furnishings
2,443 visits/mo
0.1 miles
Demographics for 32112, FL
7,460
Population
3,866
Households
1.9
Avg Household Size
45
Median Age
10%
College-Educated
69%
High-School Grad
51.5 sq mi
ZIP Area
145
Density / Sq Mi
$39,247
Median Household Income
$27,238
Median Earnings
$743
Median Rent
$150,000
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Crescent City Flower Shop — 317 Summit St, Crescent City, FL 32112
Frequently Asked Questions
What type of property is this?
Storefront property - A wood-and-carpet interior, public water and sewer, and GC-1 zoning support a range of commercial configurations.
Where is this storefront property located?
The property is located at 306 CENTRAL Avenue Crescent City, FL.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: 2,284 square feet on a 0.13‑acre parcel; Built in 1900; Metal roof installed in 2022
