Crystal Crest Add Unrec Homes with Block Exterior Construction

Crystal Crest Add Unrec Homes with Block Exterior Construction

Welcome to Crystal Crest Add Unrec, a hidden gem nestled in the heart of Crystal River, Florida. This charming subdivision offers a tranquil escape with a perfect blend of nature and community, making it an ideal place for families, retirees, and everyone in between. Known for its picturesque landscapes and friendly atmosphere, Crystal Crest is a haven for those seeking a serene lifestyle while still being close to the vibrant culture of Citrus County.

One of the standout features of homes in Crystal Crest is their robust block exterior construction. This construction method not only enhances the aesthetic appeal of each residence but also provides durability and energy efficiency, ensuring that your home stays comfortable year-round. These solidly built homes are designed to withstand the elements while offering a welcoming ambiance that reflects the laid-back Florida lifestyle.

Living in Crystal Crest means you are just moments away from the breathtaking waters of the Crystal River, famous for its clear springs and diverse wildlife. Whether you enjoy kayaking, fishing, or simply soaking in the sun, this area provides endless opportunities for outdoor adventures. Additionally, you'll find an array of local shops, restaurants, and recreational facilities that cater to all your needs.

Discover the charm of Crystal Crest Add Unrec, where quality homes meet a vibrant community. Experience the best of Florida living in this delightful subdivision, where every day feels like a vacation! Come explore the possibilities and make your dream home a reality in this beautiful enclave.

Newest Crystal Crest Add Unrec Homes with Block Exterior Construction

$3,999,000
Crystal Crest Add Unrec SubDv. ⋅ 34429 Zip Code
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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