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75 5th Street, CRYSTAL RIVER, FL 34428
Priced at Only: $873,000
For more Information Call Mobile: 727.808.5356
Address: 75 5th Street, CRYSTAL RIVER, FL 34428
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  • MLS#: A4655392 ( Residential Income )
  • Street Address: 75 5th Street
  • Viewed: 5
  • Price: $873,000
  • Price sqft: $195
  • Waterfront: No
  • Year Built: 1973
  • Bldg sqft: 4480
  • Bedrooms: 8
  • Total Baths: 6
  • Days On Market: 6
  • Additional Information
  • Geolocation: 28.8984 / -82.5939
  • County: CITRUS
  • City: CRYSTAL RIVER
  • Zipcode: 34428
  • Subdivision: Crystal River
  • Provided by: AMY ROBINSON REAL ESTATE LLC
  • Contact: Amy Robinson
  • 941-346-7000
  • mfrmls
  • DMCA Notice
  • Description
    ***All Marketing PRE Helene***Rare opportunity to acquire a solid 6 unit concrete block multifamily property located in the heart of downtown Crystal River, just steps from Kings Bay, Hunter Springs Park, and the restaurants and shops of Citrus Avenue. This prime location offers walkability, charm, and consistent long term rental demand in one of Floridas fastest growing coastal communities. Currently Zoned Hotel/Motel, can be converted back to Residential. Though the property did flood during Hurricane Helene, it has been professionally mitigated and is ready to be reimagined! Large spacious units each with their own private patio, shaded by gorgeous Oak trees, permanent fire pit, BBQ, communal laundry, assigned parking. The existing configuration includes 2 spacious two bedroom/one bath units and 4 one bedroom/one bath units, plus a shared laundry room. Units feature ceramic tile flooring throughout and were professionally mitigated after Hurricane Helene, offering peace of mind and durability for investors. The property spans three lots, providing future flexibility, outdoor common space, or the opportunity to add a third building of similar size (subject to approval). With CG/UC 1 zoning, this site offers long term stability now with potential for future redevelopment. Ideally located just over an hour from Tampa/St. Pete via the new Suncoast Parkway extension, and centrally positioned near Ocala, Gainesville, The Villages, and Orlando, Crystal River continues to experience steady population and economic growth fueled by eco tourism, retirement migration, and small town charm. Whether you're building your rental portfolio or seeking a high demand, low supply downtown multifamily property, this 6 unit asset checks all the boxes. ***All Marketing PRE Helene***
Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Outdoor Grill
Flooring
  1. Ceramic Tile
Garage Spaces
  1. 0.00
Heating
  1. Central
Insurance Expense
  1. 0.00
Interior Features
  1. Living Room/Dining Room Combo
  2. Open Floorplan
  3. Walk-In Closet(s)
Legal Description
  1. SYLVAN GLEN ADD PB 1 PG 26 ALL OF LTS 76 & 77 & W 150 FT OF THAT PT OF LT 93 LYING E OF NW 1ST AVE (F/K/A FRONT ST) & N OF NW 5TH ST IN SYLVAN GLENN ADD DESC IN OR BK 1001 PG 488 OR BK 2308 PG 1656 SYLVAN GLEN ADD PB 1 PG 26 ALL OF LTS 76 & 77 & W 150 FT OF THAT PT OF LT 93 LYING E OF NW 1ST AVE (F/K/A FRONT ST) & N OF NW 5TH ST IN SYLVAN GLENN ADD DESC IN OR BK 1001 PG 488 OR BK 2308 PG 1656
Living Area
  1. 4480.00
Lot Features
  1. Corner Lot
  2. Historic District
  3. City Limits
  4. Oversized Lot
  5. Paved
Area Major
  1. 34428 - Crystal River
Net Operating Income
  1. 0.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 17E18S210060 0760
Property Type
  1. Residential Income
Roof
  1. Shingle
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Utilities
  1. Water Connected
Water Source
  1. Public
Year Built
  1. 1973
Zoning Code
  1. CG / UC-1
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Headshot for Associate Judith Bennett
  1. Judith Bennett, PA,REALTOR ®
  2. Tropic Shores Realty
  3. Mobile: 727.808.5356
  4. judybennetthomes@gmail.com
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