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106 Union Ave - 57+/-ACRES LAKEFRONT 57.18 Acres of Commercial Land Offered at $3,999,000 in Crescent City, FL 32112



Investment Highlights
- Direct frontage on Crescent Lake with scenic water access and views.
- Located in a federally designated Opportunity Zone delivering potential tax advantages.
- Strategic position between Orlando, Daytona Beach, and St. Augustine, near major transportation corridors.
- Over half a mile of exposure along US-17, offering outstanding visibility and connectivity.
- Essential utilities including city water, sewer, power, natural gas, and internet ready at the property line.
- Recently introduced at a substantially improved price, creating high-value acquisition potential.
Executive Summary
Property Facts
1 Lot Available
Lot 1
| Price | $3,999,000 | Lot Size | 57.18 AC |
| Price Per AC | $69,937.04 |
| Price | $3,999,000 |
| Price Per AC | $69,937.04 |
| Lot Size | 57.18 AC |
Description
This rare 57-acre waterfront property presents an extraordinary opportunity for savvy investors and developers seeking size, location, and versatile future potential. The site boasts direct lake frontage on Crescent Lake, offering scenic water views, coupled with over half a mile along US-17 for exceptional highway exposure. Large tracts offering this combination of frontage, access, and visibility are increasingly scarce in Florida, making this offering particularly compelling. Situated within a federally designated Opportunity Zone, the property brings significant tax-advantaged benefits for qualifying buyers. All essential utilities and connectivity infrastructures—city water and sewer, power, natural gas, and high-speed internet—are available at the property line, reducing pre-development hurdles. Its location is strategic: equidistant from St. Augustine, Daytona Beach, and Orlando, along the St. Johns River system with Atlantic Ocean access nearby. Whether pursuing residential, mixed-use, or recreational development, the property’s scale and amenities establish it as a unique acquisition in the growing Florida market. Recently repriced to create additional upside, with the motivated seller encouraging all reasonable offers, this is the time to act on a transformative waterfront investment.
Property Taxes
| Parcel Number | 12-12-27-0000-0020-0000 | Improvements Assessment | $0 |
| Land Assessment | $247,810 | Total Assessment | $247,810 |
Property Taxes
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106 Union Ave - 57+/-ACRES LAKEFRONT
