Mixed-Use Investment Opportunity in Crystal
For Sale
$1,900,000
5985 W GULF TO LAKE HIGHWAY, Crystal River, FL 34429
3.38 acres with income potential in high-traffic location.
Property Size4,193 SF
Lot Size3.38 Acres
Days on Market278
Property Features for 5985 W GULF TO LAKE HIGHWAY
General Information
Standard status
Active
Size
4,193 SF
Lot size
3.38 Acres
Property subtype
Commercial
Zoning
PSO, GNC
Taxes and HOA fees
Annual Taxes
$1,428
Building Details
Building Size
4,193 SF
Year Built
1955
Stories
1
Listing Agency:
PREMIER SOTHEBY'S INTERNATIONAL REALTY
(941) 302-9738
Listed By:
Angela Rose · License #0633898
(941) 302-9738
Source:
Mbifloridarealty
Added: Nov 20, 2025
Changed: Aug 23
Last Checked: Aug 24 at 2:29PM
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 PREMIER SOTHEBY'S INTERNATIONAL REALTY
Investment Insights
Based on property information with market context.
This mixed-use property offers an exceptional opportunity with 3.38 acres along West Gulf to Lake Highway in Crystal River. The site includes three potential income-producing homes situated across four parcels. The zoning includes Professional Service Office (PSO) for the two front residences, making it suitable for conversion into medical, legal, or professional offices while generating interim income. The property is located near the Meadowcrest medical community, offering a strategic location for healthcare professionals. Its visibility along Highway 44 provides exposure for professional or commercial use. The sale includes three parcels: 5985 West Gulf to Lake Highway, 1240 North Henry Point and 1241 North Henry Point. Public utilities are available. The configuration of the property offers depth, access, and flexibility for future development, expansion, or continued residential leasing. This property provides a balance of potential income and long-term redevelopment within one of Citrus County’s active professional corridors. The property's visibility, accessibility, and scalability make it attractive to investors, owner-occupants, and developers.
Key Highlights
- High‑traffic location on West Gulf to Lake Highway (Highway 44) ensures maximum visibility and accessibility.
- Zoning allows for Professional Service Office (PSO) use, ideal for medical, legal, or professional office conversion.
- Three potential income‑producing homes across four parcels provide immediate income and redevelopment options.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
303
Businesses Nearby
Explore this area
Business Placement
Demographics for 34429, FL
8,837
Population
5,458
Households
1.6
Avg Household Size
60
Median Age
25%
College-Educated
90%
High-School Grad
41.4 sq mi
ZIP Area
213
Density / Sq Mi
$57,716
Median Household Income
$36,577
Median Earnings
$1,070
Median Rent
$220,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - 3.38 acres with income potential in high-traffic location.
Where is this mixed-use property located?
The property is located at 5985 W GULF TO LAKE HIGHWAY Crystal River, FL.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: High‑traffic location on West Gulf to Lake Highway (Highway 44) ensures maximum visibility and accessibility.; Zoning allows for Professional Service Office (PSO) use, ideal for medical, legal, or professional office conversion.; Three potential income‑producing homes across four parcels provide immediate income and redevelopment options.
