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 unique blend of serenity and convenience, making it an ideal place for families, retirees, and anyone seeking a peaceful lifestyle in a picturesque setting.

Crystal Crest is renowned for its beautiful homes, many of which feature durable block exterior construction. This robust building style not only enhances the aesthetic appeal of the properties but also provides excellent insulation and protection against the elements, ensuring your home remains comfortable year-round. With a variety of floor plans and designs, there’s a perfect fit for everyone in this inviting community.

Residents of Crystal Crest enjoy the tranquility of suburban living while being just minutes away from the vibrant downtown area of Crystal River. Here, you can explore charming shops, delightful dining options, and the stunning waterfront, where outdoor enthusiasts can indulge in boating, fishing, and kayaking in the pristine waters of the Gulf Coast.

Nature lovers will appreciate the nearby parks and nature reserves, offering abundant opportunities for hiking, bird-watching, and enjoying Florida's diverse wildlife. The community atmosphere is warm and welcoming, making it easy to forge lasting friendships with neighbors.

Whether you’re looking to settle down or invest in a vacation home, Crystal Crest Add Unrec presents an exceptional opportunity to embrace the Florida lifestyle. Come discover your dream home in this enchanting subdivision, where comfort meets convenience in beautiful Crystal River!

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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