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    268 S Suncoast Blvd, Unit 202-207 Crystal River, FL 34429

    View on Map
    Sponsored
    For Lease
    $750 /Mo ($1.18 SF/Yr)

    COMMERCIAL - Crystal River, FL

    Type:Office
    Property size:
    7,596 SF
    Lot size:
    2.29 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 18 at 4:06 pm

    Property Features for 268 S Suncoast Blvd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 7, Bathroom 2, Bathroom 6, Bathroom 5
    Bathrooms
    7
    Parking
    25
    Appliances
    Refrigerator
    Size
    7,596 SF
    Lot size
    2.29 Acres

    Taxes and HOA fees

    Expense value
    750
    Expense
    SecurityDeposit
    Expense freq.
    One Time

    Utilities

    Sewer type
    Septic Tank
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1990
    Flooring type
    Carpet, Tile, Vinyl, Wood

    We can help!

    Listing Contact
    Bruce Brunk
    Bruce Brunk

    Keller Williams Realty Elite Partners/L (352) 637-2777

    Listing agent Bruce Brunk (352) 637-2777 License #3138787

    Listing date Mar 17, 2026

    MLS# 853232

    Copyright © 2026 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Professional Offices on US 19

    Located on US Highway 19/Suncoast Blvd, this commercial property in Crystal River, FL, offers professional offices for lease. The property is zoned Commercial GNC and features six offices available on the second floor. Monthly rent ranges from $750 to $900, depending on square footage, plus a monthly CAM fee of $250 for utilities, including garbage pick-up, internet, electric, water, and use of the common area and conference room. The 7,585 sq ft freestanding office building is situated on a 2.29-acre lot with approximately 200 ft of road frontage on US Highway 19/Suncoast Blvd, which sees 23,000 AADT. The property includes approximately 19 rooms and offers ample parking with 25+ spaces. The building features upgraded flooring, custom wood cabinetry, built-ins, and molding. It provides easy access to the newly opened 589 Toll Road/Suncoast Parkway (6 miles), facilitating commutes to Tampa International Airport and is located 2 minutes from the Crystal River Regional Airport. The property is suitable for various business needs in a thriving community with a strong local economy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Site One Facilities ... Landscaping Foundation For-Advancement-Msmrcn Charitable Organization LSR Management Inc Business Management Consultant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Crystal River
    County
    Citrus
    State
    Florida
    Longitude
    -82.580658
    Latitude
    28.858301

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    FAQs

    What type of property is this?
    Office building - Prime location, professional offices available for lease on US 19.
    Where is this office building located?
    The property is located at 268 S Suncoast Blvd, Unit 202-207 Crystal River, FL.
    What is the lease rate?
    The lease rate is $1.18 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on US Highway 19 with high traffic (23,000 AADT) offering maximum business exposure.; - All-inclusive monthly rent ($750-$900 + $250 CAM) covers utilities, internet, common area, and conference room use.; - Easy access to the Suncoast Parkway (589 Toll Road) and proximity to Tampa International Airport and Crystal River Regional Airport.
    (352) 228-7744
    Request Owner's contact information
    268 S Suncoast Blvd, Unit 202-207 Crystal River, FL 34429
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    Crystal River, FL 34429
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    268 S Suncoast Blvd, Unit 202-207 Crystal River, FL 34429
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    We can help!
    Listing Contact
    Bruce Brunk
    Bruce Brunk
    Real Estate License ID: 3138787
    (352) 228-7744 (352) 637-2777 (352) 228-7745
    Learn more
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