Live-Work Property with
New
For Sale
$320,000
334 CENTRAL Avenue, Crescent City, FL 32112
Commercial Sale, CRESCENT CITY, FL
Property Size2,100 SF
Lot Size0.20 Acres
Price / SF$152.38
Days on Market6
Property Features for 334 CENTRAL Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
G1
Window features
Aluminum Frames
Accessibility
Accessible Approach with Ramp
Appliances
Refrigerator
Subdivision
CRESCENT CITY
Lot features
Street Lights, Paved
Directions
If you are coming from Highway 17 North, turn right on Central and property is right on the left.
Standard status
Active
APN
30-12-28-1750-0250-0031
Size
2,100 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CRESCENT CITY MB2 P30 BLK 25 E 85FT OF W 115FT OF S 100FT OF LOT 3
Tax Annual Amount
3233
Legal Description
CRESCENT CITY MB2 P30 BLK 25 E 85FT OF W 115FT OF S 100FT OF LOT 3
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1900
Number of units
2
Flooring type
Hardwood
Building materials
Frame
Roof type
Shingle
Listing Agency:
REAL BROKER, LLC
(855) 450-0442
Listed By:
Rosa Reyes Malla · License #3279987
(321) 276-7875
Added: Oct 4
Changed: Oct 9
Last Checked: Oct 9 at 1:06PM
MLS# S5158567
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,100-square-foot live-work property at 334 Central Avenue combines business space on the ground floor with living quarters upstairs. Built in 1900 on a 0.2-acre lot, the frame building has hardwood flooring, central heating and air conditioning, and an accessible approach ramp. The sale includes room furnishings, and the grounds include a shed and a wooden carport.
The property is near Crescent Lake in Crescent City. It is served by public water and public sewer and is zoned G1.
Work completed includes a downstairs AC replacement in May 2022, plumbing repairs and a tub-to-shower conversion in June 2022, and an upstairs remodel in 2024. The roof was repaired in 2023; the exterior and porch were painted in October 2023. Upstairs improvements included rewiring, new outlets and sockets, a remodeled bathroom, and added crown molding.
The property is near Crescent Lake in Crescent City. It is served by public water and public sewer and is zoned G1.
Work completed includes a downstairs AC replacement in May 2022, plumbing repairs and a tub-to-shower conversion in June 2022, and an upstairs remodel in 2024. The roof was repaired in 2023; the exterior and porch were painted in October 2023. Upstairs improvements included rewiring, new outlets and sockets, a remodeled bathroom, and added crown molding.
Key Highlights
- 2,100‑square‑foot live‑work layout with ground‑floor business space and upstairs living quarters
- 0.2‑acre lot in Crescent City, near Crescent Lake
- G1 zoning with public water and public sewer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,324
Cap Rate
8.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$546,480
$546.5K
Cap Rate 7%
$390,343
$390.3K
Cap Rate 9%
$303,600
$303.6K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$46.1K $21.96/SF
− Vacancy
−$9.7K −$4.61/SF
EGI
$36.4K $17.35/SF
− OpEx
−$9.1K −$4.34/SF
NOI
$27.3K $13.01/SF
Area
Putnam County, FL
Vacancy
21.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$546,480
Cap Rate 7%
$390,343
Cap Rate 9%
$303,600
Alternative Uses
Best Use
Office B
$390.3K
$341.6K – $455.4K
NOI $27,324 @ 7.0% cap · market cap 8.54%
Second Best
Mixed Use
$263.3K
$230.4K – $307.1K
NOI $18,428 @ 7.0% cap · market cap 5.76%
Theoretical Best
Office A
$546.9K
$478.5K – $638.1K
NOI $38,283 @ 7.0% cap · market cap 11.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
212
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Live-work space - Room furnishings are included, and the property also has a shed and public water and sewer service.
Where is this live-work space located?
The property is located at 334 CENTRAL Avenue Crescent City, FL.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: 2,100‑square‑foot live‑work layout with ground‑floor business space and upstairs living quarters; 0.2‑acre lot in Crescent City, near Crescent Lake; G1 zoning with public water and public sewer
