Sarasota's Premier Homes

950 NE 5TH STREET

CRYSTAL RIVER, FL 34429

MLS#: TB8514246

$699,000

Status: Active
Listing number: TB8514246
Listing provided by: COMPASS FLORIDA LLC
Listing agent phone: None
Last update: 21 days ago
On site: a month ago
Browse Properties
KNIGHTS ADD - Land

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

None

Lot size

1.99 acres

PRIME Development Opportunity in Crystal River! Exceptional visibility and a high traffic count highlight this cleared, combined approx 2-acre parcel located directly within the City Limits. Boasting 200 feet of premium Highway 44 frontage—Citrus County's main thoroughfare—this property offers outstanding exposure for your next project. Features highly desirable dual-road access from both Highway 44 and 3rd Street. Parcels Alt Key 1080517 & 3528937. Perfect location to build a multifamily complex or a small professional office building. Buyer to verify all development information, zoning, and utilities directly with the City of Crystal River. Don't miss out on this high-traffic commercial footprint! Close

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    1.99

  • Lot Size(square feet)

    20,133

  • Property Type

    Land

Price

  • Sales Price

    $699,000

  • Tax Amount

    $1,926

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Tax Lot

    358

  • Water Source

    Public

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Location

County

Citrus

Elementary School

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High School

Listing Courtesy of Sarita Harty , COMPASS FLORIDA LLC

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PRIME Development Opportunity in Crystal River! Exceptional visibility and a high traffic count highlight this cleared, combined approx 2-acre parcel located directly within the City Limits. Boasting 200 feet of premium Highway 44 frontage—Citrus County's main thoroughfare—this property offers outstanding exposure for your next project. Features highly desirable dual-road access from both Highway 44 and 3rd Street. Parcels Alt Key 1080517 & 3528937. Perfect location to build a multifamily complex or a small professional office building. Buyer to verify all development information, zoning, and utilities directly with the City of Crystal River. Don't miss out on this high-traffic commercial footprint! Close

950 NE 5TH STREET

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Related Properties

Price reduced
Presenting an exceptionally well-positioned 10.36 acres commercial development site situated along one of Crystal River’s most strategic and rapidly evolving corridors. Predominantly zoned PSO (Professional Service/Office), this property features over 820 feet of high-visibility frontage on US Hwy 19 / S Suncoast Blvd (15,200 AADT)—a major north–south artery serving both local residents and regional traffic. The site offers full north- and south-bound ingress and egress through an existing deceleration lane and open median and the connective drive with the adjoining parcel which is also for sale at 8.18 acre and will provide said access, providing seamless access and ideal positioning for high-intensity commercial development. Located within Crystal River’s fast-emerging medical corridor, the property directly benefits from Tampa General Hospital’s transformational 53-acre healthcare campus expansion, currently underway just minutes from the site. This major investment introduces a new 120-bed hospital tower, a 120,000-square-foot medical office building, and expanded specialty and outpatient services. The expansion is projected to significantly increase employment, healthcare demand, and regional traffic—effectively establishing this section of US 19 as the next major healthcare hub of the Tampa MSA. The surrounding corridor is already attracting operators seeking proximity to TGH, making this an ideal site for QSR with Drive-Thru, Gas Station, Bank, Hotel, Medical Office, Outpatient Facilities, Senior Living, and Multi-Family residential concepts. Its flexible zoning and strong demographic profile provide a nearly unmatched development canvas. Just south of Crystal River’s Historic Downtown, the site is surrounded by a growing mix of local boutiques, restaurants, entertainment venues, and service-oriented businesses. The city is undergoing a surge of redevelopment, highlighted by the transformation of the former Crystal River Mall into a 400-unit residential community with integrated mixed-use retail, bringing a substantial increase in new residents and commercial activity. Additionally, the property directly abuts the rear boundary of the 85-acre Hidden Lake RV Resort, now under construction and planned to include 580 RV sites, creating immediate demand for convenience retail, hospitality, dining, medical services, and everyday goods. Citrus County’s growth trajectory is among the strongest in the state. With a current population of 153,600 residents projected to exceed 350,000 by 2030 per the County’s Land Development Code, the region is rapidly transitioning into a major population and service center. Its inclusion in the Tampa–St. Petersburg–Clearwater MSA, the 18th largest in the United States, further enhances its long-term strength and desirability for business expansion, new housing supply, and healthcare delivery. The broader region continues to benefit from substantial public and private investment. Homosassa, Inverness, and surrounding communities have undergone significant revitalization, including upgrades to Liberty Park, the Depot District, and other high-impact community assets. Meanwhile, the $135 million expansion of the Suncoast Parkway and the planned Phase 3 northern extension—just north of the subject property—will deliver direct, one-hour access to Tampa International Airport and surrounding major employment centers.
#OM714313

CRYSTAL RIVER

11621 W GARNET COURT

None Beds

None Baths

10.36 acres

$581,210

MLS#: OM714313

READY TO BUILD LOTS...or invest in a community or multifamily housing 28 subdivided lots with electric, city sewer to each lot, and water. Every lot is already subdivided and has its own 911 address. Zoned MDRMH. The Site is ready to start building in one of Florida’s hottest growing communities’s Call or text for further information. Possible owner financing or partnership. There are 11 more lots available equaling the 28 Lots. Close to shopping and easy access to the Suncoast Parkway.
#TB8444449

CRYSTAL RIVER

6347 W ARTER STREET

None Beds

None Baths

1.29 acres

$695,000

MLS#: TB8444449

- property

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