Approved Residential Development
For Sale
$5,500,000
Pending
3406 N Turkey Oak Drive, Crystal River, FL 34428
Large Citrus County tract approved for 1,542 residential units, with utilities along adjacent lines and direct access to Turkey Oak Drive.
Property SizeContact for details
Lot Size360.00 Acres
Days on Market1811
Property Features for 3406 N Turkey Oak Drive
General Information
Standard status
Pending
Lot size
360.00 Acres
Property subtype
Lots/Land
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
1,542
Listing Agency:
RE/MAX Realty One
(352) 422-7547
Listed By:
Kevin Cunningham · License #655978
(352) 422-7547
Source:
Exitrealty
Added: Sep 16, 2021
Changed: Aug 31
Last Checked: Aug 30 at 3:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Realty One
Investment Insights
Based on property information with market context.
The property known as BETZ FARM is an approximately 360-acre tract in Citrus County with adjacent water, sewer, gas, power, and broadband lines. The site abuts the north side of Turkey Oak Drive and offers immediate access to the roadway.
The parcel is located along N. Turkey Oak Drive in Citrus County and abuts the Crystal River city limits. Turkey Oak Drive is described as providing a bypass loop from SR 44 to US 19 around downtown Crystal River. The roadway is also noted as being studied for development into a four-lane Crystal River By-Pass connected to the New Suncoast Parkway Toll Road, with timing referenced as scheduled to open September 2021.
The property is approved as a DRI/PUD and amended several times, with current approvals allowing 1,014 cluster homes and 528 condominium units, for a total of 1,542 residential units. The parcel is currently owned by the Citrus County BOCC and is described as ready for cooperation with the County to develop.
The parcel is located along N. Turkey Oak Drive in Citrus County and abuts the Crystal River city limits. Turkey Oak Drive is described as providing a bypass loop from SR 44 to US 19 around downtown Crystal River. The roadway is also noted as being studied for development into a four-lane Crystal River By-Pass connected to the New Suncoast Parkway Toll Road, with timing referenced as scheduled to open September 2021.
The property is approved as a DRI/PUD and amended several times, with current approvals allowing 1,014 cluster homes and 528 condominium units, for a total of 1,542 residential units. The parcel is currently owned by the Citrus County BOCC and is described as ready for cooperation with the County to develop.
Key Highlights
- Approximately 360‑acre Citrus County tract along N. Turkey Oak Drive, abutting Crystal River city limits (BETZ FARM).
- DRI/PUD approval with amendments allowing 1,014 cluster homes and 528 condominium units for 1,542 total residential units.
- Direct access to N. Turkey Oak Drive, with a bypass loop planned from SR 44 to US 19 around downtown Crystal River.
Property Analytics
Property Profile
Current Use
Lease Details
1542
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
357
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Large Citrus County tract approved for 1,542 residential units, with utilities along adjacent lines and direct access to Turkey Oak Drive.
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: Approximately 360‑acre Citrus County tract along N. Turkey Oak Drive, abutting Crystal River city limits (BETZ FARM).; DRI/PUD approval with amendments allowing 1,014 cluster homes and 528 condominium units for 1,542 total residential units.; Direct access to N. Turkey Oak Drive, with a bypass loop planned from SR 44 to US 19 around downtown Crystal River.
