Address: 350 N Summit St Crescent City, FL 32112
County: Putnam County
Zoning: GC-1
Parcel ID: 19-12-28-1750-0540-0040
Building size: 3,290 sqft
Land size (sqft): 29,185
Land size (acre): 0.67
Layout: 1 building
Sewer: Connected
Water: Connected
Electric: Connected
Flood Zone: No
Road Access: Yes
Opportunity zone: True
Current Gross Rent: Vacant
Potential Gross Rent: $8,499.17/month
Potential NOI: $101,990
Rentable Sqft: 3,290
Asking price: $1,610,000 with OWNER FINANCING option
Down Payment: $125,000 (due at closing)
Note: $1,395,000
Payments to Seller: $6,659.9/month | $79,919.3/year
Interest Rate: 4% with a 9-year balloon
Amortization period: 30 Years
No Prepayment Penalty
Showing property visits by appointment only.
Call\ Text to schedule
Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes.
We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner.
All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.