3438 N CITRUS AVENUE, Crystal River, FL 34428
Mixed Use - CRYSTAL RIVER, FL
- Added:
- Jul 17, 2025
- Days on Market:
- 334
- Last Refresh:
- Jun 15 at 9:06 am
Property Features for 3438 N CITRUS AVENUE
General Information
- Property type
- Commercial Sale
- Property subtype
- Mixed Use
- Parking features
- RV
- Security features
- Security Lighting, Security System, Security System Owned, Smoke Detector(s)
- Exterior features
- Corner Lot, Paved, Security Lights
- Standard status
- Active
- APN
- 2653531
- Size
- 11,580 SF
- Lot size
- 2.53 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 8385.96
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1992
- Flooring type
- Carpet, Concrete, Laminate, Vinyl
- Building materials
- Concrete
- Roof type
- Metal
- Architectural style
- Other
Listing agent Marian Casteel License #3403933 (352) 601-6367
Listing office TROPIC SHORES REALTY LLC 3441 Deltona Blvd, Spring Hill, FL (352) 684-7371
Listing date Jul 17, 2025
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
- Prime Investment Opportunity: 2.53‑acre commercial property in Crystal River, FL.
- Multiple Revenue Streams: Ten commercial units, a residential home (convertible to two apartments), and a large storage yard.
- Excellent Visibility and Access: Strategically located with easy access to major roads.
- Mixed‑Use Zoning: Suitable for various business ventures and live/work arrangements.
- Ample Parking: Plenty of parking space available.
- Durable Construction: Concrete construction with a metal roof.
Overview
The offering is located at 3438 N Citrus Avenue in Crystal River, Florida, within Citrus County. Public remarks indicate the property is zoned for mixed-use and includes plenty of parking and easy access to major roads.
For buyers and business owners seeking a combined commercial and residential setup, this configuration can support a live-work arrangement or provide separate income streams through the commercial units while maintaining on-site housing. The presence of a storage yard may be useful for tenants or operators that need additional space for equipment or inventory, subject to their intended use under the property’s mixed-use zoning.
Local Financial Insights For Flex RnD
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 | $219.6k | $18.96 |
| − Vacancy | −$15.4k | −$1.33 |
| EGI | $204.2k | $17.63 |
| − OpEx | −$71.5k | −$6.17 |
| NOI | $132.7k | $11.46 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Crystal River
- County
- Citrus
- State
- Florida
- Longitude
- -82.593848
- Latitude
- 28.911938
