120 Georgetown Lndg Rd Crescent City, FL 32112
Exceptional investment opportunity: a thriving mixed-use property in Crescent City, Florida, listed at $2,400,000. This unique waterfront establishment, built in 1958, seamlessly blends hotel accommodations, a marina, and a restaurant, all enjoying direct access to Lake George and nearby springs. The property features 15 beautifully appointed guest rooms, providing multiple income streams. The marina boasts covered boat slips and a direct ramp, complemented by transient dock space and rentals. The restaurant offers a unique riverfront dining experience, catering to both large groups and individual diners, and includes an expansive bar and indoor/outdoor entertainment stage with multiple media displays. The property also benefits from a 6COP Retail Beverage License. Access is convenient via boat, car, golf cart, or UTV, with a walkway connecting to a neighboring luxury RV park. Creative financing options, including seller financing, are available for discussion. The single-story building sits on a lot with unspecified square footage. This turnkey operation presents a rare chance to acquire a well-established and profitable business in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.