150 8Th Ave, Crystal River, FL 34429
6 Acres of Commercial Land Offered at $499,000 USD in Crystal River, FL 34429
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 18 days
Asking Price $499,000
- Property Type
-
Land
- Square Feet
- 261,360 SF
Listing Contacts
Jan Blaszczyk
- Property Info
Property Overview
Seize a rare opportunity to develop a high-density multi-family site within the city limits of Crystal River, Florida. This prime property is approved for 52 units, comprising 24 townhomes and 28 courtyard apartments, offering significant investment potential in a rapidly growing area. Being located adjacent to Jim Legrone Park, which contains tennis courts, a soft ball diamond, and other recreational facilities, will make it an attractive place to live for potential tenants. This property represents a high upside investment opportunity, with its strategic location and approved development plans. It's an excellent site for high-end apartments, promising substantial returns in a market with increasing demand for quality housing.
Property Details
- Property Subtype
- Commercial
Highlights
- The property has a very high upside as an investment with an approved plan for 52 units.
- Future buildings will have access to public water and sewage connection.
- Site is close proximity to a park, the YMCA, schools, and a strip mall.
- The owner is open to a 1031 Exchange.
All available spaces
- Space
- Lot 1
- Size
- 261,360 SF
- Price
- $499,000
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