740 Ne 5 Th Ave | Image 1
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740 Ne 5 Th Ave | Image 2
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740 Ne 5 Th Ave | Image 5

$1,585,000

For Sale

16 hours ago

MLS® W7883744

0 Bed

0 Bath

20648 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size 20648 sqft
Garage No
HOA Fees 
Taxes $9,140
Days Active 0
Approx. Age 1972
Avg. Price Per Sqft $76
MLS® Number W7883744

Property Address: 740 Ne 5th Ave, Crystal River, FL, 34428-3601

Average square foot calculated using Size range provided by listing agent.

Description

Short Sale. Investor Opportunity in Crystal River – 19 Unit Apartment Complex Rare redevelopment opportunity in the heart of Crystal River. This 19-unit apartment building offers incredible potential for investors, developers, or builders looking to capitalize on the growing demand for housing in this highly desirable Gulf Coast community. The property sustained significant hurricane damage and is being sold as-is, presenting a prime chance to renovate, rebuild, or reimagine the site to maximize its income potential. Situated in an area known for its natural beauty, tourism, and waterfront lifestyle, the location continues to attract residents, seasonal visitors, and long-term tenants alike. With strong rental demand in Citrus County and limited multifamily inventory, this property provides the opportunity to restore a 19-unit income-producing asset or redevelop the site entirely. Conveniently located near local shops, dining, marinas, and the famous springs and outdoor attractions that make Crystal River such a sought-after destination. Property consists of (13) 2/1, (4) 1/1 and (1) 3/2
MLS® NumberW7883744
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1972
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 9, 2026List Date
$1,585,000List Price
  • Commute

Commute

Starting Address
Destination Address
740 Ne 5 Th Ave, Crystal River, FL

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