Opportunity meets location in the heart of Crescent City, Florida! Situated on a main road with great visibility, this 2-story wood-frame home sits on a spacious 0.32-acre lot and features valuable GC-1 commercial zoning--offering flexibility for residential, business, or mixed-use potential. With renovations already in progress, this property is ready for its next chapter. The main home features a spacious upstairs bedroom with two walk-in closets, a remodeled bathroom, restored wood floors, and abundant natural light. The home is functional, while the downstairs remains partially renovated with finishing touches needed--making it ideal for a buyer ready to bring their vision to life. The kitchen has been opened to the living area, creating an open-concept space with a large island-centered layout framed and ready for completion--perfect for entertaining or business. Outside, the property offers:**A large yard ideal for gardening, entertaining, Outside, the property also offers: **A detached structure in progress, planned as a 1 bed / 1 bath cottage with kitchenette (materials onsite) **A 4-car garage with a newer roof (structure requires repair due to wood rot) **Located just a few blocks from Lake Stella (swimming) and Lake Crescent (boating), and along a route where local festivals and parades pass by, this property combines small-town charm with strong visibility and opportunity. This is a project property with solid potential--ideal for investors, contractors, or buyers looking to create a live/work or income-producing space! Property includes a large installed mini-split system for cooling (One unit downstairs & one upstairs).