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    Duplex in Crystal River, FL Title is generated by Realmo AI

    452 N ELMWOOD POINT, Crystal River, FL 34429

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    For Sale
    $300,000

    Duplex - CRYSTAL RIVER, FL

    Type:Duplex
    Property size:
    1,900 SF
    Lot size:
    0.26 Acres
    Price / SF:
    $157/SF
    Added:
    Apr 30, 2026
    Days on Market:
    47
    Last Refresh:
    Jun 15 at 12:06 pm

    Property Features for 452 N ELMWOOD POINT

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Zoning
    CLR
    Bedrooms
    4
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Security features
    Smoke Detector(s)
    Interior features
    Ceiling Fans(s), Vaulted Ceiling(s)
    Exterior features
    Paved, Fence, Fire Pit
    Fencing
    Fenced
    Appliances
    Range, Refrigerator
    Standard status
    Active
    APN
    17E-18S-32-0000-2A450-0160
    Size
    1,900 SF
    Lot size
    0.26 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    2110.22

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1981
    Number of units
    1
    Flooring type
    Tile, Tile - Ceramic
    Building materials
    Block, Stucco
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Andrew McGuire
    Andrew McGuire

    Listing agent Andrew McGuire License #3297849

    Listing office CHARLES RUTENBERG REALTY INC 1545 S Belcher Rd, Clearwater, FL

    Listing date Apr 30, 2026

    MLS# TB8503406 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Duplex building suitable for long‑term leases or short‑term rentals.
    • Located in Crystal River, an area experiencing significant municipal and corporate development.
    • Solid block and stucco construction.
    • Includes essential appliances: Range and Refrigerator.
    • Features both central heating and central air conditioning.
    • Fenced property with a fire pit.

    Overview

    This duplex presents an opportunity to start or expand a rental portfolio. The property is an easily managed duplex building suitable for both long-term leases and short-term rentals. Located in Crystal River, Florida, the area is experiencing municipal and corporate development. The property is situated on a 0.26-acre lot. The building has a total area of 1900 square feet. The zoning is CLR. The community's growth supports active rent rolls, and the constant influx of tourists ensures consistent bookings for short-term rentals.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $26.2k $13.80
    − Vacancy −$1.4k −$0.76
    EGI $24.8k $13.04
    − OpEx −$7.4k −$3.91
    NOI $17.3k $9.13
    1,900 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $247.8K
    $216.8K – $289.1K (±1% cap)
    NOI $17,345 @ 7.0% cap · market cap 5.78%
    Second Best
    Apartment 5plus
    $227.3K
    $198.9K – $265.2K (±1% cap)
    NOI $15,913 @ 7.0% cap · market cap 5.30%
    Theoretical Best
    Specialty Retail
    $426.9K
    $373.6K – $498.1K (±1% cap)
    NOI $29,885 @ 7.0% cap · market cap 9.96%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Auto Repair Shop Big Box & Wholesale Store Accounting Firm Bar & Pub Cafe & Coffee Shop Grocery & Convenience Store Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Crystal River
    County
    Citrus
    State
    Florida
    Longitude
    -82.602691
    Latitude
    28.868373

    FAQs

    What type of property is this?
    Duplex - Duplex suitable for long-term leases or short-term rentals.
    Where is this duplex located?
    The property is located at 452 N ELMWOOD POINT Crystal River, FL.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: Duplex building suitable for long‑term leases or short‑term rentals.; Located in Crystal River, an area experiencing significant municipal and corporate development.; Solid block and stucco construction.
    More about this property
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