2.46

Vacant Land for Sale
Catylist Listing ID: 30730677
Property Subtypes: Multi-Family
Gross Land Area: 2.46 Acres
Sale Price: $129,900
Unit Price: $52,804 Per Acre
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 7/1/2021

Overview / Comments

Crystal River, Florida is surrounded with opportunities.​ With being considered the heart of the Nature Coast and having the second largest spring group in Florida, it's no wonder why this area is highly sought after.​ Within the city limits of Crystal River, we are presenting 2.46 acres of R-2 property that includes approximately 400' of frontage on a corner lot.​ Subject Property is situated less than a mile from Crystal River City Hall, one mile from Kings Bay Park and Hunter Springs, and 10.8 miles from access to the Gulf of Mexico.​ Within a 5-miles radius, the current population is 10,072 with a household amount of 4,850.​ Due to the Suncoast Parkway Extension that is expected to be completed in 2022, Citrus County in its entirety, is projected to undergo a drastic population and business spike.​ To its advantage, this multi-residentially zoned pad is located less than 6 miles from the Suncoast Parkway interchange site and is equipped to hold up to (13) multi-family dwellings.​ State Road 44/NE 5th Street is two minutes away and allows access to national retailers such as Dunkin' Donuts, CVS Pharmacy, O'Reilly Auto Parts, and Holiday Inn Express.​ Unlike other desirable, coastal locations, Crystal River has plenty of room to expand and will only continue to thrive with the added benefits from the $135 million Suncoast Parkway Extension.​

Additional Details

Nearest MSA: Homosassa Springs
County: Citrus
Tax ID/APN: 17E18S160030 000A0 0010
Zoning: R-2
Property Located Between: N. Citrus Ave/NE 3rd Ave
Legal Description: LANE MANOR SUB PB 8 PG 135 A RESUB OF BLK 3 C A MILLER RESUBALL OF BLOCKS A, B & C INCLUDING LOTS 1, 2, 3 & 4 BLK A --&-- LOTS 1, 2, 3 & 4 BLK B AND L
Largest Nearby Street: NE 5th St/S.R. 44
Feet of Frontage: 400
Lot Frontage: 400'
Lot Depth: 310'
Zoning Description: Permissible for 13 multi-family dwellings

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,297 8,545 20,026
Median Age: 40.93 50.56 53.84
Households: 557 3,766 8,927

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