NOT LISTED FOR SALE

640 NE 5th St Crystal River, FL 34429

Estimated Value: $3,270,940

1.05 Acres
$3,115,181 Price per Acre
45,738 Sq Ft Lot

Last Sold July 17, 2023

Last sale price $499,000

Est. 555% increase in value since last sale

Current estimated payment $17,627/month

1,704 Days on Market

Highlights

  • 1.05 Acre Lot
  • No HOA
  • Rectangular Lot

About This Lot

As of July 2023

PRIME COMMERCIAL DEVELOPMENT SITE with 150' on W. Gulf to Lakes Hwy with 315' depth. 1.05 acres zoned CH. City limits, water & sewer available. Excellent site for restaurant, hotel or service station. The parcel is just 720 feet east of US 19

Last Agent to Sell the Property

Steve Latiff

ERA American Suncoast Realty License #3000769 Listed on: 11/16/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,128

Lot Details

  • 1.05 Acre Lot
  • Lot Dimensions are 150x315
  • Rectangular Lot
  • Property is zoned CH

Schools

  • Crystal River Primary Elementary School
  • Crystal River Middle School
  • Crystal River High School

Community Details

  • No Home Owners Association
  • Knights Addition To C/R Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$4,128

Lot Details

1.05 Acres

Listing Details

  • Directions: US 19 to 44, got 720' to parcel on right
  • Lot Size Acres: 1.05
  • Lot Size: 150x315
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Knights Addition to C/R
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Lot Features: Acreage, Rectangular
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Crystal River Primary
  • High School: Crystal River High
  • Middle Or Junior School: Crystal River Middle

Lot Info

  • Lot Size Sq Ft: 45859.0
  • Zoning: CH
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4128.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2025
Sold by
Crsb Llc
Bought by
Roemsa 5707 Llc
Current Estimated Value
$3,270,940

Purchase Details

Listed on
Nov 16, 2017
Closed on
Jul 13, 2023
Sold by
Hamben Llc
Bought by
Crsb Llc
Seller's Agent
Steve Latiff
ERA American Suncoast Realty
List Price
$549,000
Sold Price
$499,000
Premium/Discount to List
-$50,000
-9.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
101.17%

Purchase Details

Closed on
Dec 13, 2002
Sold by
Berryman & Henigar Inc
Bought by
Hamben Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,000
Interest Rate
6.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 1, 1950
Bought by
Hamben Llc
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Roemsa 5707 Llc $3,300,000 None Listed On Document
Crsb Llc $499,000 None Listed On Document
Hamben Llc $457,500 Citrus Land Title
Hamben Llc $131,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hamben Llc $382,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2023 07/17/23 Sold $499,000 0.0% --
07/14/2022 07/14/22 Pending -- -- --
06/23/2022 06/23/22 Off Market $499,000 -- --
11/13/2017 11/13/17 For Sale $549,000 -- --
Source: REALTORS® Association of Citrus County

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,055 $931,390 $210,490 $720,900
2024 $4,843 $242,540 $203,480 $39,060
2023 $4,843 $230,770 $203,480 $27,290
2022 $4,717 $230,790 $203,480 $27,310
2021 $4,597 $226,830 $199,490 $27,340
2020 $4,229 $226,760 $199,490 $27,270
2019 $4,036 $214,020 $186,720 $27,300
2018 $4,054 $214,050 $186,720 $27,330
2017 $4,128 $214,080 $186,720 $27,360
2016 $4,190 $214,110 $186,720 $27,390
2015 $4,269 $213,700 $186,720 $26,980
2014 $4,710 $230,473 $203,475 $26,998
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 766203

REALTORS® Association of Citrus County

APN: 17E-18S-22-0020-00000-1170

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