Active

$1,900,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 4193 sq ft
Overview
  • ID: MFROM712937
  • Bedrooms:
  • Bathrooms: 0
  • Size: 4193 sq ft
Property Details
Remarks
Exceptional mixed-use opportunity spanning 3.38 acres along the high-traffic West Gulf to Lake Highway corridor in Crystal River. The property consists of three income-producing homes across four parcels, creating an attractive investment for developers, professional users, or portfolio investors. With zoning that includes Professional Service Office (PSO) for the two front residences, the site is ideal for medical, legal, or professional office conversion while maintaining strong interim income. The property is surrounded by the Meadowcrest medical community, a hub of established practices and offices, positioning this site as a strategic location for healthcare professionals seeking proximity to existing services. Its prime visibility along Highway 44 ensures maximum exposure for any professional or commercial use. Three parcels are included in this sale: 5985 West Gulf to Lake Highway, 1240 North Henry Point, and 1241 North Henry Point. Public utilities are available, and the configuration offers depth, access, and flexibility for future development, expansion, or continued residential leasing. This assemblage presents a rare balance of current income and long-term redevelopment potential within one of Citrus County’s most active professional corridors. Investors, owner-occupants, and developers will appreciate the visibility, accessibility, and scalability of this unique property.
Financial Considerations
Price:
$1,900,000
HOA Fee:
N/A
Tax Amount:
$1428.07
Price per SqFt:
$419.15
Tax Legal Description:
PORTION OF NW 1/4 OF SW 1/4 OF SW 1/4 OF SW 1/4 OF SEC 30-18-18 DESC AS: COM AT THE SE CORNER OF LT 15 MEADOWREST OFFICE PARK 1ST ADD PB 13 PG 136 TH N 88DEG 31M 59S E AL THE N R/W LN OF ST RD 44 (SD LN BEING 50 FT N & PARALLEL WITH THE CNTLN OF ST R D 44) 19.83 FT TO THE POB SD POB BEING AT THE INTERSECTION OF THE W LN OF NW 1/4 OF SW 1/4 OF SW 1/4 OF SD SEC 30 AND THE N R/W LN OF SD ST RD 44 TH N 00DEG 29M 20S W AL THE W LN OF SD NW 1/4 OF SW 1/4 OF SW 1/4 OF SEC 30 A DIS OF 144.67 FT TH N 89DE G 29M 18S E 103.96 FT TH S 00DEG 10M 26S E 142.97 FT TO THE AFORESAID N R/W N OF ST RD 44 TH S 88DEG 31M 59S W 103.17 FT TO THE POB DESC IN OR BK 1281 PG 1064
Exterior Features
Lot Size:
11867
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Refrigerator
Furnished:
No
Floor:
Luxury Vinyl
Levels:
One
Additional Features
Property Sub Type:
Mixed Use
Style:
N/A
Year Built:
1955
Construction Type:
Concrete, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    5985 W GULF TO LAKE HWY
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