Crystal Crest Add Unrec Homes with False Waterfront Description

Crystal Crest Add Unrec Homes with False Waterfront Description

Welcome to Crystal Crest Add Unrec, a hidden gem nestled in the picturesque city of Crystal River, Florida. This charming subdivision offers a unique blend of tranquility and natural beauty, making it an ideal location for those seeking a serene lifestyle in Citrus County.

Crystal Crest is characterized by its lush landscapes and friendly community atmosphere. The homes here are designed with comfort in mind, featuring spacious layouts and modern amenities that cater to the needs of families and individuals alike. Many properties boast charming outdoor spaces, perfect for enjoying the warm Florida sunshine or hosting gatherings with friends and family.

One of the standout features of this subdivision is its proximity to the stunning waterways that Crystal River is famous for. While some homes may carry a “false waterfront” description, they are still just a stone's throw away from the area's breathtaking rivers and springs. Residents can easily access a variety of water activities, from kayaking and fishing to manatee watching, ensuring that every day feels like a vacation.

In addition to its natural allure, Crystal Crest Add Unrec is conveniently located near local shops, restaurants, and recreational facilities, offering a perfect balance of leisure and convenience. Whether you're looking to settle down or invest in a vacation home, this community is a wonderful choice. Embrace the laid-back Florida lifestyle in Crystal Crest, where every sunrise brings new opportunities to create lasting memories in a beautiful setting.

Newest Crystal Crest Add Unrec Homes with False Waterfront Description

$3,999,000
OM720955 MLS
South Square is a prime neighborhood shopping center and storage facility featuring 15 retail units (17 with splitting) and 52 storage units situated on approximately 2.36 acres of prime commercial property with over 400 feet of frontage along US-19/98 (±32,000 AADT) within the Tampa–St. Petersburg MSA, the 18th largest metropolitan area in the United States. This well-maintained center offers a versatile mix of suite sizes ranging from 720 SF to 3,200 SF and is occupied by a diverse tenant base including medical and professional offices, retail businesses, beauty services, and other long-standing local tenants. The storage component includes 52 units, providing an additional and complementary income stream. With significant room for growth, investors have the opportunity to enhance revenue by aligning below-market rental rates and implementing standard NNN expense recoveries for CAM, insurance, and real estate taxes, which are currently limited. Combined with modest rent adjustments and the leasing of two vacant retail units, a new owner has the potential to increase net operating income by 7.34% stabilized cap rate, while maintaining minimal vacancy in the storage component.

940 N Suncoast Boulevard, Crystal River
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