5604 Riverside Drive, Yankeetown, FL 34498

$98,000
3
BD
2
BA
1,086
SqFt

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List Price
$98,000
Status
Active
Days on Market
178
Price Change
▼ $1,000 1784763063
MLS#
A4680688
Property Style
Single Family
Year Built
1952
Bedrooms
3
Bathrooms
2
Living Area
1,086
Lot Size
14,810
Acres
0.34
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Knotts Land Cos 01
MLS Area Major
Yankeetown

Property Description

Instant Equity Opportunity in Yankeetown – Value-Add Investment Rare chance to acquire a full renovation project in one of Florida’s most charming and supply-constrained coastal markets. This property is perfectly positioned for investors seeking strong equity upside, multiple exit strategies, and long-term rental demand. The home features 3 bedrooms, 2 bathrooms, and 1,086 sq ft of living space, situated on a spacious, private lot that enhances both usability and appeal. Built with solid block construction, this property offers a durable foundation for renovation and repositioning. This is a full renovation project , with an after-repair value projected around $265,000, creating a compelling margin for investors. Whether your strategy is to renovate and resell or hold as a cash-flowing rental, this asset checks the right boxes. Yankeetown’s limited inventory, combined with its authentic Old Florida coastal vibe, continues to drive demand from buyers and renters alike. Location is a major highlight—just a short walk to boat ramps, kayaking, fishing, bird watching, and all the natural beauty the area is known for. Convenient access to Crystal River, Inglis, and Dunnellon adds to the property’s appeal for both short- and long-term occupancy. Opportunities like this are increasingly rare in Yankeetown. Bring your vision, execute your plan, and unlock the upside in this value-add investment with clear potential for equity growth and income.

Additional Information

Taxes
$925
Minimum Lease
No Minimum
Community Features
No Deed Restriction
Property Description
One Story
Interior Layout
Ninguno
Interior Features
Ninguno
Floor
Other, Vinyl
Appliances
None
Utilities
Other
Heating
Other
Air Conditioning
Central Air
Exterior Construction
Concrete
Exterior Features
Other
Roof
Shingle
Foundation
Slab
Pool
No Pool
Flood Zone Code
AE
Parcel ID
08029-000-00
Legal Description
05-17-16 YANKEETOWN BLK 14 LOT 17 & W1/2 OF LOT 16 & PART OF ALLEY "A" & E1/2 OF ALLEY 56 OR BOOK 1806 PAGE 580

Listing courtesy of REALTY ONE GROUP MVP. 800-896-8790

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