268 S Suncoast Boulevard Crystal River, FL 34429
SINGLE_FAMILY - Crystal River, FL
Property Features for 268 S Suncoast Boulevard
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- GNC
- Parking
- 25
- Parking features
- Parking Lot
- Interior features
- FirstFloorEntry
- Exterior features
- Balcony
- Standard status
- Active
- APN
- 2594608
- Lot size
- 2.29 Acres
Taxes and HOA fees
- Tax Year
- 2022
- Tax Description
- COM AT SW COR OF NW1/4 OF NW1/4 FOR A PT OF REF: TH N 89 DEG47M 39S E AL S LN OF NW1/4 OF NW1/4 738.38 FT TO CONCRETE MONUMENT & POB. TH CONT N 89 DEG 47M 39S E AL S LN A DIST OF500 FT TO A CONCRETE MONUMENT ON THE W R/W LN OF US HWY 19,TH S 0 DEG 1M 21S W AL W R/W LN 200 FT TO A CONRETE MONUMENTTH LEAVING SD W R/W LN RUN S 89 DEG 47M 39S W PAR TO S LN OF NW1/4 OF NW1/4 500 FT TO A CONCRETE MONUMENT, TH N 0 DEG 1M 21S E PAR TO SD W R/W LN A DIST OF 200 FT TO POB DESC IN OR BK 806 PG 125
- Tax Annual Amount
- 13428
Utilities
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1990
- Floors in Building
- 2
- Flooring type
- Wood, Tile, Carpet
- Building materials
- Stucco
- Roof type
- Asphalt, Shingle
Listing agent Bruce R Brunk License #3138787 (352) 228-7744
Listing office Keller Williams Realty - Elite Partners II 711 S Adolph Pt, Lecanto, FL (352) 637-2777
Listing date Jun 29, 2023
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.
The site sits on 2.29 acres with approximately 200 feet of road frontage on US Highway 19/Suncoast Blvd, and the remarks reference heavy traffic counts (24,500–32,500 AADT). The property also provides ample private parking (25+).
Additional details in the remarks include options to purchase surrounding parcels to the south and proximity to the newly opened 589 Toll Road/Suncoast Parkway (about 6 miles) and Crystal River Regional Airport (about 2 minutes).
Key Highlights
- 7,585 SF freestanding office building on 2.29 acres with approx. 19 rooms, including 2 large lobbies, storage rooms, and 5 restrooms
- Approx. 200 ft road frontage on US Highway 19/Suncoast Blvd with 24,500–32,500 AADT traffic
- Zoned Commercial GNC; first floor reportedly fully rented (per remarks) with options to build an income‑producing portfolio
Local Financial Insights For Office B
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 | $136.5k | $18.00 |
| − Vacancy | −$30.0k | −$3.96 |
| EGI | $106.5k | $14.04 |
| − OpEx | −$26.6k | −$3.51 |
| NOI | $79.9k | $10.53 |
