1154 NE 1st Street, Crystal River, FL 34429

Local realty services provided by:ERA American Suncoast
1154 NE 1st Street,Crystal River, FL 34429
$600,000
Virtual Tour
  • - Beds
  • - Baths
  • 3,552 sq. ft.
  • Multi-family
  • Active
Listed by:thao p le
Office:century 21 j.w.morton r.e.
MLS#:846324
Source:FL_CMLS

Price summary

  • Price:$600,000
  • Price per sq. ft.:$168.92

About this home

Fully Tenanted Multifamily Gem in Crystal River, FL. An exceptional investment opportunity awaits in the heart of Crystal River, FL. This multifamily property boasts five fully tenanted units across two buildings, providing a steady income stream from day one. Property Features: Building 1 comprises three units, while Building 2 encompasses two units, all featuring spacious 2 bedrooms and 1 bathroom layouts. R2 zoning offers the potential to expand further, allowing the construction of three additional units, providing increased income potential for savvy investors. Tenant Occupied: Currently, all units are occupied, ensuring immediate and consistent cash flow for the discerning investor. Total annual expenses is $18,894 included Management Fee. CAP RATE is 6.6%.

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Home facts

  • Year built:1971
  • Listing ID #:846324
  • Added:610 day(s) ago
  • Updated:October 02, 2025 at 02:43 PM

Rooms and interior

  • Living area:3,552 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1971
  • Building area:3,552 sq. ft.
  • Lot area:1.04 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$600,000
  • Price per sq. ft.:$168.92
  • Tax amount:$5,595 (2024)
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