28 acre tract, zoned AG (FLUM urban reserve) w/approximately 850 ft on beautiful Lake Crescent, one of Fla's largest & which connects w/St. Johns River. The west 17-20 acres are high & dry with the east most acreage sloping to the lake & containing some "wetlands". Approximatly 560 ft of hwy frontage on west side. Property abutts recently annexed city property, making city utilities a possibility. North 14 acres can be purchased for $300,000 - remaining 14 acres available for $250,000.