1154 NE 1st St Crystal River, FL 34429
Estimated payment $3,735/month
Highlights
- Newly Remodeled
- No HOA
- Level Lot
- 1.04 Acre Lot
- Central Air
- Carpet
About This Lot
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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,595
Year Built
- Built in 1971 | Newly Remodeled
Lot Details
- 1.04 Acre Lot
- Property fronts a county road
- Level Lot
- Cleared Lot
- Property is zoned R1,R2
Parking
- Driveway
Home Design
- Block Foundation
- Slab Foundation
- Shingle Roof
- Asphalt Roof
- Stucco
Interior Spaces
- 3,552 Sq Ft Home
- 1-Story Property
- Electric Cooktop
Flooring
- Carpet
- Vinyl
Laundry
- Dryer
- Washer
Utilities
- Central Air
Community Details
Overview
- No Home Owners Association
- Charpias Add To Crystal River Subdivision
Building Details
- Operating Expense $20,906
- Gross Income $62,400
- Net Operating Income $41,495
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/05/2025 08/05/25 | Pending | -- | -- | -- |
| 07/15/2025 07/15/25 | For Sale | $600,000 | 0.0% | $169 / Sq Ft |
| 09/12/2023 09/12/23 | Rented | $975 | 0.0% | -- |
| 08/18/2023 08/18/23 | Price Changed | $975 | -11.4% | $1 / Sq Ft |
| 05/27/2023 05/27/23 | Price Changed | $1,100 | 0.0% | $2 / Sq Ft |
| 05/27/2023 05/27/23 | For Rent | $1,100 | +4.8% | -- |
| 03/31/2023 03/31/23 | Rented | $1,050 | -4.5% | -- |
| 03/01/2023 03/01/23 | Under Contract | -- | -- | -- |
| 01/09/2023 01/09/23 | For Rent | $1,100 | 0.0% | -- |
| 06/03/2016 06/03/16 | Sold | $140,000 | -18.6% | $39 / Sq Ft |
| 05/04/2016 05/04/16 | Pending | -- | -- | -- |
| 05/01/2014 05/01/14 | For Sale | $172,000 | -- | $48 / Sq Ft |
Source: REALTORS® Association of Citrus County
MLS Number: 846324
APN: 22-18S-17E-0030-018.5
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