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    787 NE 5Th St Crystal River, FL 34429

    For Sale
    $2,500,000

    SINGLE_FAMILY - Crystal River, FL

    Type:Retail
    Lot size:
    0.65 Acres
    Days on Market:
    34
    Last Refresh:
    Dec 14 at 7:06 am

    Property Features for 787 NE 5Th St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential
    Property subtype
    Retail
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    CH
    APN
    3460784
    Parking features
    Parking Lot, Driveway
    Interior features
    HighCeilings
    Exterior features
    Landscaping, PavedDriveway
    Lot size
    0.65 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    1976
    Floors in Building
    1
    Flooring type
    Terrazzo, Tile, Stone, Carpet
    Building materials
    Stucco
    Roof type
    Metal, Concrete

    LPT Realty, LLC (877) 366-2213

    Listing agent Benjamin Plockelman (877) 366-2213 License #3083005

    Listing date Nov 11, 2025

    Copyright © 2025 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.

    Overview

    Crystal River Strip Center For Sale

    This well-maintained strip center is located in the historic district of Crystal River, Florida, and accommodates seven well-established tenants. The property is situated a short distance from the intersection of Highway 19 and Highway 44. The traffic count is considered one of the highest in the county. During the school season, vehicles pass by at a rate of 15 mph twice daily, providing significant exposure to the businesses of the tenants. The owner has diligently developed this strip center into a profitable and established business hub in downtown Crystal River. The lot size is 0.65 acres. The zoning is CH.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jewel of the Nail Salon Nail Salon Uturn for Christ Florida ... Thrift Store

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Crystal River
    County
    Citrus
    State
    Florida
    Longitude
    -82.581105
    Latitude
    28.898774

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    FAQs

    What type of property is this?
    Strip mall - Well-maintained strip center with established tenants in Crystal River, Florida.
    Where is this strip mall located?
    The property is located at 787 NE 5Th St Crystal River, FL.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - High traffic count, among the highest in the county, offering significant exposure.; - Located in the historic district of Crystal River, Florida.; - Seven well-established tenants already in place.
    (877) 366-2213
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    Realmo Value Estimation

    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.

    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.

    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
    787 NE 5Th St Crystal River, FL 34429
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