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360-Acre Development Opportunity, Crystal River
For Sale
$5,500,000
Pending

3406 N Turkey Oak Drive, Crystal River, FL 34428

Land, Crystal River, FL

Property SizeContact for details
Lot Size358.87 Acres
Days on Market1815

Property Features for 3406 N Turkey Oak Drive

General Information

Property type Land
Property subtype Other
Zoning PDR
Subdivision Not on List
Lot features Acreage, Trees, Wooded
Elementary school Crystal River Primary
Middle school Crystal River Middle
High school Crystal River High
Directions State Road 44 W. Gulf to Lake to Turkey Oak Blvd
Standard status Pending
APN 3125825
Lot size 358.87 Acres

Taxes and HOA fees

Tax Year 2021
Tax Description ALL THAT PART OF SEC 15-18-17 THAT LIES N OF N TURKEY OAK DRAS PER PB 15 PG 127-131 AND LOTS 45 & 46 OF HOLIDAY ACRES UNIT 1 PB 5 PG 66 TITLE IN OR BK
Legal Description ALL THAT PART OF SEC 15-18-17 THAT LIES N OF N TURKEY OAK DRAS PER PB 15 PG 127-131 AND LOTS 45 & 46 OF HOLIDAY ACRES UNIT 1 PB 5 PG 66 TITLE IN OR BK

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: RE/MAX Realty One · RE/MAX International
Listed By: Kevin D Cunningham · License #655978
Added: Sep 15, 2021 Changed: Aug 19 Last Checked: Sep 3 at 7:06AM
MLS# 805748

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.

Investment Insights

Based on property information with market context.

This unique 358.87-acre parcel, known as BETZ FARM, is located in Citrus County along N. Turkey Oak Drive, abutting the Crystal River City limits. The tract has adjacent water, sewer, gas, power, and broadband lines. It abuts the north side of Turkey Oak Drive, which provides a bypass loop from SR 44 to US 19 around downtown Crystal River, offering immediate access to Turkey Oak Drive. The property is approved as a DRI / PUD, and amended several times, now allowing 1,014 cluster homes and 528 condominium units, for a total of 1,542 residential units. Turkey Oak Drive is currently being studied to develop into a four-lane Crystal River By-Pass for the New Suncoast Parkway Toll Road, scheduled to open September 2021. This parcel is currently owned by Citrus County BOCC and is ready for cooperation with the County to Develop. The property is zoned PDR.

Key Highlights

  • Approved DRI/PUD allowing 1,542 residential units, including 1,014 cluster homes and 528 condominium units.
  • Located in Citrus County, known as BETZ FARM, consisting of approximately 360 acres, abutting Crystal River City limits.
  • Immediate access to N. Turkey Oak Drive, being studied for development into a four‑lane Crystal River By‑Pass for the New Suncoast Parkway Toll Road.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Big Box & Wholesale Store Garden Center (Bike/Boat/Book/etc) Store Auto Parts Store Carpet & Flooring Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

19
Businesses Nearby

Demographics for 34428, FL

9,583
Population
5,058
Households
1.9
Avg Household Size
54
Median Age
20%
College-Educated
89%
High-School Grad
67.1 sq mi
ZIP Area
143
Density / Sq Mi
$48,185
Median Household Income
$29,589
Median Earnings
$890
Median Rent
$236,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Large parcel approved for over 1,500 residential units.
Where is this residential land & home lot located?
The property is located at 3406 N Turkey Oak Drive Crystal River, FL.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Approved DRI/PUD allowing 1,542 residential units, including 1,014 cluster homes and 528 condominium units.; Located in Citrus County, known as BETZ FARM, consisting of approximately 360 acres, abutting Crystal River City limits.; Immediate access to N. Turkey Oak Drive, being studied for development into a four‑lane Crystal River By‑Pass for the New Suncoast Parkway Toll Road.
More about this property
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