940 N Suncoast Boulevard Crystal River, FL 34429
SINGLE_FAMILY - Crystal River, FL
Type:Retail
Property size:
3,200 SFLot size:
2.36 AcresPrice / SF:
$1,304/SF- Added:
- Mar 16, 2026
- Days on Market:
- 48
- Last Refresh:
- May 2 at 11:06 pm
Property Features for 940 N Suncoast Boulevard
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- CH,GNC
- Parking
- 100
- Parking features
- Parking Lot, Driveway
- Exterior features
- PavedDriveway
- Standard status
- Active
- APN
- 2278862
- Size
- 3,200 SF
- Lot size
- 2.36 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- N 550 FT OF E1/2 OF E1/2 OF NW1/4 OF NW1/4 SEC 34-18-17 W OF W R/W OF US HWY 19 LESS N 150 FT DESC IN OR BK 856 PG 500 OR BK 2237 PG 1510 AND CROSS ACCESS EASE AGREE WITH PCL 44100 DESCR IN OR BK 2261 PG 2274 OR BK 2380 PG 268 OR BK 2452 PG 664
- Tax Annual Amount
- 24201
Utilities
- Sewer type
- Public Sewer, Septic Tank
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1984
- Floors in Building
- 1
- Flooring type
- Laminate, Slate
- Building materials
- Stucco
- Roof type
- Asphalt, Shingle
Listing agent Elias Kirallah License #3123414 (352) 400-2635
Listing office Century 21 J.W.Morton R.E. 1645 W Main Street, Inverness, FL (352) 726-6668
Listing date Mar 16, 2026
MLS# 853211
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.
Overview
Neighborhood Shopping Center and Storage
This property is a neighborhood shopping center and storage facility. It features 15 retail units (potentially 17 with splitting) and 52 storage units, situated on approximately 2.36 acres of commercial property. The property has over 400 feet of frontage along US-19/98, with an average annual daily traffic count of approximately 32,000. The location is within the Tampa-St. Petersburg Metropolitan Statistical Area, the 18th largest metropolitan area in the United States. The center offers a mix of suite sizes ranging from 720 to 3,200 square feet. The tenant base includes medical and professional offices, retail businesses, beauty services, and other local tenants. The storage component includes 52 units, providing an additional income stream. There is potential for revenue enhancement by aligning below-market rental rates and implementing standard net-net-net expense recoveries for common area maintenance, insurance, and real estate taxes. Combined with rent adjustments and the leasing of two vacant retail units, a new owner has the potential to increase net operating income to a 7.34% cap rate, while maintaining minimal vacancy in the storage component. The zoning is CH,GNC.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
A-AAA Self Storage
Storage Facility
Similar Places Nearby
- Crystal River Plaza — 408 N Suncoast Blvd, Crystal River, FL 34429
- South Square Plaza — 918 N Suncoast Blvd, Crystal River, FL 34429
- Crystal River Shopping Center — SE US Hwy 19, Crystal River, FL 34429
Location Insight
- Map
- Local Demand
- City
- Crystal River
- County
- Citrus
- State
- Florida
- Longitude
- -82.580732
- Latitude
- 28.875586
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Retail and storage facility on 2.36 acres.
Where is this shopping center located?
The property is located at 940 N Suncoast Boulevard Crystal River, FL.
What is the asking price?
The asking price for this property is $4,175,000.
What are key features of this property?
This property features: Prime commercial property in the Tampa‑St. Petersburg MSA with **high traffic frontage (+/-32,000 AADT)**.; Versatile mix of retail and storage units providing diverse income streams.; Opportunity to increase net operating income to a **7.34% cap rate** through rental rate adjustments and expense recoveries.
